Market Update: U.S. Stock Index Futures Show Signs of Rebound Amid Mixed Earnings Reports

Following another decline in U.S. stock index futures on Tuesday, the market is exhibiting signs of a rebound; Nvidia (NVDA) stocks have increased in anticipation of its eagerly awaited quarterly earnings announcement; Super Micro Computer (SMCI) experienced a notable rise in its shares after just meeting the submission deadline; Lowe’s (LOW) stocks also climbed after reporting comparable sales growth for the first time since 2022; concurrently, Stellantis (STLA) shares decreased after an unsatisfactory earnings report from the struggling car manufacturer. Here’s what investors should focus on today.

1. U.S. Stock Index Futures Indicate Gains After Most Indices Decline Once More

After most significant indices fell again on Tuesday, U.S. stock index futures suggest a positive trend. Both S&P 500 and Nasdaq futures are up by less than 1%, following a fourth consecutive day of decreases for these indices. Dow Jones Industrial Average futures increased by 0.3%, indicating a slight recovery over the last two trading days. Bitcoin (BTCUSD) dipped slightly, trading below $89,000. The yield on the 10-year Treasury bond remained fairly stable. Oil futures slipped, while gold futures experienced a modest rise.

2. Nvidia Set to Unveil Highly Anticipated Quarterly Results

Nvidia (NVDA) shares increased by 2.5% in pre-market trading as investors gear up for the chipmaker’s fourth-quarter results, which will be disclosed after the market closes today. According to estimates from Visible Alpha, Nvidia is projected to see revenue surge by over 70%, reaching a record $38.34 billion, with net income expected to rise by over 60% to $21.1 billion. This will mark the company’s first report since the Chinese startup DeepSeek affected AI stocks and initiated a sell-off that erased a record $589 billion from Nvidia’s market capitalization on January 27.

3. Super Micro Shares Soar After Company Just Meets Submission Deadline

Shares of Super Micro Computer (SMCI) jumped almost 25% in pre-market trading as the server producer narrowly fulfilled the requirements for retaining its Nasdaq listing. In an announcement, Super Micro stated that Nasdaq verified its adherence to the exchange’s filing standards, and this issue is now settled. In its postponed annual report, Super Micro revealed that revenues for fiscal year 2024 more than doubled compared to the previous year, reaching $14.99 billion, primarily fueled by heightened demand for its artificial intelligence (AI) offerings.

4. Lowe’s Stock Crypto Observer: Qubetics Anticipates an Enormous 4553% Return on Investment, Arweave Grows, and Algorand Experiences Cost Increases on Comparable Sales Growth

Lowe’s Companies (LOW) experienced a 3.6% rise in its shares during pre-market trading after the home enhancement retailer disclosed fourth-quarter results that surpassed analyst predictions. The hardware retailer reported adjusted earnings per share (EPS) of $1.93 and revenues of $18.55 billion, while analysts polled by Visible Alpha had anticipated $1.84 and $18.29 billion, respectively. Comparable sales advanced by 0.2%, marking the first year-over-year rise since the third quarter of 2022, although analysts had expected a drop of 1.58%. Nevertheless, the company’s revenue and EPS forecast for 2025 did not meet analyst expectations.

5. Stellantis Stock Declines Due to Major Profit Drop

Stellantis (STLA) shares fell 3.5% in pre-market trading after the parent firm of Fiat and Chrysler reported a reduction in annual profits and revenues. The automaker disclosed a net profit of €5.5 billion (approximately $5.77 billion) for 2024, a 70% reduction compared to the prior year, falling short of the consensus estimates from analysts surveyed by Visible Alpha. Revenue also decreased by 17% year-over-year to €156.9 billion (around $164.55 billion), although it exceeded expectations. Stellantis’s stock has lost nearly half its value over the past year leading into Wednesday, despite the company offering optimistic guidance for revenue growth, adjusted operating income margins, and positive industrial free cash flow for 2025.