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.

Heading into Nvidia's critical report next week, Wall Street remains decidedly bullish. Analysts' consensus estimates are calling for revenue of $33 billion -- or growth of about 82%. Nvidia has a strong track record of beating its own expectations and that of Wall Street, so the results could be more robust.

Nvidia's guidance could make or break the AI trade for the rest of '24. Health check on the housing market. First U.S. mpox case.

A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street feels a little bruised after its worst week in 10 spoiled the post-election party, with home truths on interest rates and earnings seeping back in along with all the uncertainty on what a new administration will actually do come January.

Nvidia (NASDAQ: NVDA) has been the flag bearer for the artificial intelligence (AI) investing revolution since shortly after OpenAI's ChatGPT launched in November 2022. However, attention on the stock has waned in recent weeks as investors focused more on the presidential election results.

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.