Investing.com-- U.S. stock index futures fell slightly in evening deals on Monday as sentiment remained cautious ahead of quarterly earnings from market darling Nvidia due later in the week. Futures steadied following a positive session on Wall Street,

U.S. stock futures indicated a mixed opening on Monday as investors looked ahead to crucial corporate results, especially from AI-chip leader Nvidia, following Wall Street's slump the previous week. Rising expectations that the Federal Reserve will slow its pace of rate cuts and uncertainty over the impact of U.

Given that pretty much everyone is a big investor in Nvidia these days—the stock has a 7% weighting in the S&P 500 and is the world’s largest publicly traded company by market cap—there is a lot riding on this week’s earnings report.

Nvidia CEO Jensen Huang delivers a speech in Tokyo, Japan on November 13, 2024. Chip design leader Nvidia (NVDA) plans to report earnings for the fiscal third quarter on Wednesday. The chipmaker is expected to report revenues of $33 billion for the third quarter of fiscal year 2025,

U.S. stock futures were mixed on Monday as investors shifted their attention to key corporate results, particularly from AI-chip heavyweight Nvidia, after a sharp decline on Wall Street the previous week.

Artificial intelligence (AI) is proving to be a transformative force across industries, from cloud computing to retail, advertising, and factory automation, and we’re still only at the dawn of this tech revolution.