US stock futures lower as investors await Nvidia earnings

Published 1 week ago• 2 minute read

U.S. stock futures are lower as investors waited for artificial intelligence chip darling Nvidia's earnings after the bell.

Nvidia is the last of the so-called Magnificent Seven companies to report earnings. The Magnificent Seven includes the largest and most influential tech companies. Along with Nvidia, they are Alphabet, Amazon, Apple, Meta Platforms, Microsoft and Tesla.

Nvidia warned last month that results in the first three months of the year will be hit by a $5.5 billion charge due to a new U.S. export ban on some chips.

At 6:20 a.m. ET, futures linked to the blue-chip Dow slipped -0.16%, while broad S&P 500 futures dropped -0.12% and tech-heavy Nasdaq futures lost -0.08%.

Before the open, Macy’s, Dick’s Sporting Goods and Abercrombie & Fitch are set to report earnings.

Television graphics are seen in the window of Nasdaq headquarters in Times Square, as Nasdaq fell nearly 4 percent this morning on January 27, 2025 in New York City. European and Asian stock markets mostly slid Monday and Wall Street was forecast to open sharply lower on talk that a cheaper Chinese generative AI program, DeepSeek, can outperform big-name rivals, notably in the United States. (Photo by Bryan R. SMITH / AFP) (Photo by BRYAN R. SMITH/AFP via Getty Images)

Medora Lee is a money, markets, and personal finance reporter at USA TODAY. You can reach her at [email protected] and subscribe to our free Daily Money newsletter for personal finance tips and business news every Monday through Friday.

This article originally appeared on USA TODAY: US stock futures lower as investors await Nvidia earnings

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