US stocks jittery ahead of Nvidia earnings: Nasdaq, S&P open flat

Core Viewpoint - US stocks remained relatively stable as traders awaited Nvidia's earnings report, which is anticipated to address concerns regarding high valuations in the artificial intelligence sector [1] Group 1: Market Reaction - Traders are closely monitoring Nvidia's upcoming earnings report to alleviate worries about inflated valuations in the AI industry [1] - The stability in US stocks indicates a cautious approach from investors ahead of significant earnings announcements [1] Group 2: Industry Context - The artificial intelligence sector is currently facing scrutiny over its valuation levels, prompting a need for reassessment based on upcoming financial results [1]