US Stocks Today US stock futures muted as Nvidia's blockbuster results fall flat
The Economic Times·2026-02-26 13:01

Company Performance - Nvidia reported better-than-expected results for the January quarter and forecasted current-quarter revenue above market estimates, leading to a 1.2% rise in premarket trading [1][8] - Salesforce's forecast for fiscal 2027 revenue was below expectations, resulting in a 3.7% decline in its stock, indicating sluggish spending on enterprise business software [4][8] - C3.ai's stock fell 24.8% after it forecasted current-quarter sales below estimates and announced a 26% reduction in its global workforce [7][9] - Celsius Holding's stock increased by 14% after reporting fourth-quarter revenue above estimates [7][9] - Trade Desk's stock tumbled 16.8% due to a forecast of first-quarter revenue below estimates amid pressure from larger rivals [6][9] Market Sentiment - The S&P 500 software and services index has dropped nearly 21% this year, reflecting concerns over AI-related disruptions affecting the sector [4][8] - February has been a volatile month for U.S. equities, with major indexes experiencing sharp swings as investor sentiment towards AI and technology stocks fluctuates [5][9] - Most megacap and growth stocks, including Apple and Microsoft, were trading flat to lower, indicating a cautious market sentiment [1][8] Economic Indicators - The S&P 500 and Nasdaq closed at two-week highs, driven by a rally in heavyweight technology stocks [6][9] - Upcoming economic data includes a weekly jobless claims reading and January producer prices data, which may influence market movements [6][9]

Microsoft-US Stocks Today US stock futures muted as Nvidia's blockbuster results fall flat - Reportify