Stock market today: S&P 500, Nasdaq futures fall after AI-fueled sell-off, with Google earnings on deck

Market Overview - US stock futures experienced a downturn, particularly in the technology sector, as fears of AI disruption prompted a shift from high-growth tech stocks to value stocks [1] - Nasdaq 100 futures fell by 0.2%, while S&P 500 futures remained flat, and Dow Jones Industrial Average futures increased by 0.1% [1] Technology Sector Performance - The technology sector faced significant selling pressure, with Nvidia and Microsoft each closing over 2% lower, contributing to an overall loss of more than 2% in the S&P 500 tech sector [2] - Advanced Micro Devices (AMD) shares dropped more than 7% following a negative reaction to its first-quarter outlook [3] Earnings Reports and Reactions - Chipotle's stock fell nearly 7% after reporting a decline in customer traffic and warning of potential stagnation in same-store sales growth for 2026 [3] - Enphase Energy (ENPH) saw its stock soar by 20% in premarket trading after exceeding analysts' profit and revenue estimates, although it remains down almost 42% for the year [6] - Super Micro Computers (SMCI) stock jumped 11% after raising its annual revenue forecast due to strong demand for AI servers [4] Upcoming Earnings - Alphabet and Arm Holdings are set to report earnings, with Eli Lilly also highlighted, while Amazon is scheduled to release results on Thursday [4]