What happened
U.S. stock futures were little changed on Wednesday as traders weighed inflation risks tied to tensions in the Iran region and awaited Nvidia’s quarterly report. Investors looked for clues on how AI chip demand is holding up and what that might mean for the broader AI sector. The Dow Jones, S&P 500, and Nasdaq were hovering near flat levels ahead of the earnings release.
Why it matters
Nvidia’s results are seen as a key read on the health of AI hardware demand. A solid report could support gains for chipmakers and other AI-related names, while softer results might temper expectations for AI spending. At the same time, inflation dynamics linked to Middle East tensions can influence prices, interest rates, and how investors value growth stocks.