U.S. stocks could open on a negative note on Thursday after AI bellwetherNvidia Corp.'s(NASDAQ:NVDA) guidance fell short of some expectations. Futures of all three major indices were down as investors processed the AI giant's earnings.
Other chip makers likeQualcomm Inc.(NASDAQ:QCOM),Intel Corp.(NASDAQ:INTC),Broadcom Inc.(NASDAQ:AVGO), andAdvanced Micro Devices Inc.(NASDAQ:AMD) also experienced pressure in premarket trading.
| Futures | Change (+/-) |
| Nasdaq 100 | -0.33% |
| S&P 500 | -0.24% |
| Dow Jones | -0.08% |
| R2K | -0.22% |
In premarket trading on Thursday, theSPDR S&P 500 ETF Trust(NYSE:SPY) fell 0.25% to $589 and theInvesco QQQ ETF(NASDAQ:QQQ) declined 0.34% to $501.46, according to Benzinga Pro data.
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