Nasdaq Futures Gain With All Eyes on Nvidia Earnings

分组1 - Nvidia is expected to exceed earnings estimates and provide higher future guidance, indicating strong demand for its products despite increased competition in the AI sector [1][2] - Investors are closely monitoring Nvidia's upcoming third-quarter earnings report, which has been significant for market movements since May 2023 [2] - Skepticism regarding the AI trade is at a peak, putting pressure on Nvidia to deliver strong results in its earnings report [2] 分组2 - Wall Street's major indexes ended lower, with notable declines in Home Depot, chip stocks like Marvell Technology and Micron Technology, and Amazon.com, while Medtronic saw gains after positive earnings [5] - Pre-market trading showed positive movement for chip stocks, with ON Semiconductor and Micron Technology rising, and Lowe's climbing after better-than-expected Q3 results [18][19] 分组3 - Economic data indicated a 1.4% month-over-month increase in U.S. factory orders for August, aligning with expectations [4] - The U.S. trade deficit is anticipated to narrow to -$61.3 billion from -$78.3 billion in July, as per economists' forecasts [9] - The EIA's weekly crude oil inventories report is expected to show a decrease of 1.9 million barrels [10]