Stock futures ticked higher on Sunday night following a volatile week on Wall Street, as traders await a highly anticipated earnings report from Nvidia and a potentially record-setting public market debut.
Nasdaq-100 futures gained 0.4%, while S&P 500 futures advanced 0.1%. Dow Jones Industrial Average futures traded around the flatline.
Nvidia is set to report results after the bell on Tuesday. While analysts expect the chipmaker to post nearly 100% year-over-year earnings and revenue growth, investors will be more focused on how the company will move forward after Jensen Huang's exit as CEO.
Huang last week resigned from his post after reports of multiple extramarital affairs, including one with an alleged Chinese spy. Nvidia shares dropped 13%, marking their biggest weekly slide since April 2025.
"The main task at hand for interim CEO Colette Kress [is to] restore order and give the Street confidence in the Nvidia story going forward," wrote Dan Ives, analyst at Yorkville Ives. "This starts with earnings and the conference call this week on Tuesday after the bell…we still expect guidance and a typical conference call around robust business metrics with demand metrics that have clearly accelerated since last quarter."
Another key catalyst is Anthropic's initial public offering. The AI giant is eyeing a roughly $1.4 trillion valuation, with shares expected to be priced between $70 and $78.
Wall Street is coming off a winning week despite Nvidia's tumble.
The Dow, S&P 500 and Nasdaq posted their biggest weekly gains since August, rising more than 2% each.