U.S. stock futures rose slightly early Wednesday as investors waited for Nvidia’s third-quarter earnings report after a sharp tech selloff. Nasdaq 100 futures were up 0.07%, S&P 500 futures gained 0.08%, and Dow futures added 0.03% at 3:18 a.m. EST. Tuesday’s session saw broad weakness as Nvidia fell 2.81%, Palantir dropped 2.29%, Microsoft lost 2.70%, and AMD slid 4.25%.

The Dow dropped 1.07%. The S&P 500 declined 0.83%. The Nasdaq fell 1.21%. Bitcoin briefly slipped below $90,000, signaling fading risk appetite.

Investors are focused on Nvidia’s results due after the close, with options implying a move of about 7.69% in either direction, far above its recent average earnings swing of 4.06%. Wall Street expects EPS of $1.26, up 54% year over year, and revenue of $54.89 billion, up nearly 56%. Nvidia shares are up 41.6% in 2025, driven by strong AI chip demand from Microsoft, Alphabet, and Amazon. Analysts remain optimistic. Bank of America kept a $275 price target, citing a $500 billion backlog in Blackwell and Rubin chip orders. Wells Fargo raised its target to $265, pointing to stronger supply and clear visibility into 2026 demand.