Nvidia Earnings Watch: Nasdaq Futures Bounce Back Amid AI Anxiety

Nasdaq futures stabilized on Tuesday after experiencing a significant decline on Monday.

The Nasdaq Composite dropped 200 points, or 0.8%, to 25,980.19, while the S&P 500 slipped 0.3% to 7,652.86.

Nvidia led the selloff on Monday with a 2.9% decline, extending its losing streak to seven sessions ahead of its earnings report on Wednesday.

The company is expected to report adjusted earnings near $2.09 per share on approximately $92 billion in revenue, but investors are more interested in Nvidia's third-quarter guidance, gross margins, and Blackwell demand.