US Futures Decline Following Nvidia Results

2026-05-21 00:12 By Jam Kaimo Samonte 1 min. read

US stock futures moved lower on Thursday as investors reacted cautiously to Nvidia’s latest earnings report.

In extended trading, Nvidia shares fell more than 1% despite the chipmaker beating expectations for both earnings and guidance, as concerns persisted over intensifying competition in AI computing and efforts by major clients to develop proprietary chips in-house.

Meanwhile, Intuit slumped more than 13% after reporting weaker-than-expected revenue and announcing plans to cut roughly 17% of its workforce.

On the other hand, e.l.f.

Beauty gained around 4% after posting stronger-than-expected earnings and revenue while also saying it would reverse some tariff-related price increases.

During Wednesday’s regular session, the Dow Jones rose 1.31%, the S&P 500 advanced 1.08%, and the Nasdaq Composite climbed 1.54%, supported by declining oil prices and lower Treasury yields after President Donald Trump said the US was nearing the final stages of negotiations with Iran.



News Stream
US Futures Decline Following Nvidia Results
US stock futures moved lower on Thursday as investors reacted cautiously to Nvidia’s latest earnings report. In extended trading, Nvidia shares fell more than 1% despite the chipmaker beating expectations for both earnings and guidance, as concerns persisted over intensifying competition in AI computing and efforts by major clients to develop proprietary chips in-house. Meanwhile, Intuit slumped more than 13% after reporting weaker-than-expected revenue and announcing plans to cut roughly 17% of its workforce. On the other hand, e.l.f. Beauty gained around 4% after posting stronger-than-expected earnings and revenue while also saying it would reverse some tariff-related price increases. During Wednesday’s regular session, the Dow Jones rose 1.31%, the S&P 500 advanced 1.08%, and the Nasdaq Composite climbed 1.54%, supported by declining oil prices and lower Treasury yields after President Donald Trump said the US was nearing the final stages of negotiations with Iran.
2026-05-21
The Dow Jones Index Closes 1.26% Higher
The Dow Jones Index rose 621 points or 1.26 percent on Wednesday to close at 49985 points. Leading the gains are Goldman Sachs (5.74%), Nike (4.17%) and Boeing (3.34%).
2026-05-20
Nvidia Whipsaws After Earnings Beat
US stocks remained higher in after-hour trading on Wednesday after Nvidia posted results that topped estimates. Nvidia shares pared immediate losses after the release of results to trade over 0.5% higher, following 1.3% gain in the regular Wednesday session. Revenues for the April quarter topped $81 billion, as expected, but the forecast of $91 billion in revenues for the July quarter fell short of expectations by select analysts, contrasting slightly with the usual comfortable beats in outlooks. The company also refrained from forecasting any sales to China, despite CEO Jensen Huang's visit to Beijing earlier this month. The S&P 500 added 1% on the Wednesday session while the Dow and Nasdaq 100 gained 1.2%. Three supertankers left the Strait of Hormuz with full cargoes as President Trump stated a deal with Iran could come soon, taming concerns of energy inflation. Meanwhile, TJX surged 6% after posting results.
2026-05-20