S&P 500 futures declined today as market participants awaited the release of Nvidia's quarterly earnings report. The technology sector, in particular, is focused on the chipmaker's upcoming financial performance.
Options market data indicates Nvidia shares could experience a substantial price swing, potentially up to $350 billion, following the earnings announcement. Analysts are closely monitoring various aspects of the report, including a potential "Data Center Backlash" highlighted in some previews.
Beyond Nvidia's results, investors are also watching for a SpaceX filing expected later this week. This is a developing story and will be updated as details emerge.
