S&P 500 Futures Decline 0.4% Amid Nvidia Earnings Review
Published on Β· Source: cnbc.com
AI Summary
Summarized by AI from the source belowS&P 500 futures fell 0.4% as traders assessed Nvidia's earnings report, which exceeded Wall Street's expectations. Nasdaq 100 futures declined 0.6%, while Dow Jones futures dropped by 144 points, or 0.3%. Nvidia raised its quarterly cash dividend to 25 cents and reported strong earnings, yet shares dropped about 1% in after-hours trading. Meanwhile, Intuit's shares tumbled 13% due to worse-than-expected revenue, and E.l.f. Beauty gained 4% after exceeding earnings forecasts. Market attention will focus on upcoming earnings from Walmart (WMT) and Workday (WDAY).
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
About Walmart Inc. (WMT)
Walmart is the largest retailer in the world by revenue, running hypermarkets, discount stores, and a fast-growing e-commerce and advertising business.
The Consumer Staples sector covers food, beverage and household-goods companies that tend to hold up in any economy.
Earlier WMT news
- Amazon (AMZN) Defeats Appeal Over Tariff Evasion Claim
- Walmart (WMT) Stock Hits All-Time High at 134.71 USD
- Nvidia (NVDA) Earnings Report Expected Wednesday Amid Competition
- Amazon (AMZN) Dominates 40.5% of U.S. Online Retail Sales
- US Stock Futures Dip 0.2% Ahead of Earnings Week Amid Geopolitical Tensions
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