U.S. inventory futures level decrease with indexes coming off 4 straight weeks of losses; Nvidia (NVDA) begins its weeklong GTC convention, the place the AI chief is predicted to announce new merchandise; gold futures are in focus as they continue to be above $3,000 an oz.; Purchase Now, Pay Later (BNPL) agency Klarna information a U.S. IPO prospectus; and U.S.-listed shares of Baidu (BIDU) transfer increased after the Chinese language tech agency unveils new AI fashions. This is what buyers have to know at present.
1. US Inventory Futures Tick Decrease Following 4 Weeks of Losses
U.S. inventory futures are ticking decrease with indexes coming off 4 straight weeks of declines and as buyers await this week’s Federal Reserve interest-rate determination. Dow Jones Industrial Common futures are 0.3% decrease after dropping 3.1% final week, its worst weekly efficiency in two years. Nasdaq and S&P 500 futures are also edging decrease after dropping 2.4% and a pair of.3%, respectively, final week. Bitcoin (BTCUSD) and oil futures are up about 1%. The yield on the 10-year Treasury observe is down, buying and selling beneath 4.3%.
2. Nvidia GTC Convention to Kick Off Monday
Nvidia (NVDA) is ready to kick off its weeklong GPU Know-how Convention (GTC) Monday in San Jose, Calif., the place the corporate is seen providing updates on its newest synthetic intelligence chips, upcoming releases, and developments in gaming and robotics. Nvidia is predicted to showcase its Blackwell Extremely GB300 household of chips, and CEO Jensen Huang is slated to ship a keynote deal with on Tuesday. Nvidia shares are up 1.5% in premarket buying and selling.
3. Gold Futures in Focus as They Hover Above $3,000
Gold futures (XAUUSD) are in focus after they set a brand new file excessive above the carefully watched degree of $3,000 an oz.. Gold, which at the moment is buying and selling at $3,008, gained 2.6% final week and has jumped 14% because the begin of the 12 months by way of Friday, whereas the S&P 500 has misplaced 8% since hitting a file excessive 4 weeks in the past. Buyers have moved to the safe-haven asset amid issues that the Trump administration’s unpredictable tariff insurance policies may sluggish financial progress and speed up inflation.
4. Klarna Information US IPO Prospectus
European fintech agency Klarna Group has filed its prospectus for a U.S. preliminary public providing (IPO), shifting forward with plans to checklist at the same time as recession fears rattle the inventory market. The Purchase Now, Pay Later (BNPL) firm on Friday filed a registration assertion with the Securities and Trade Fee (SEC). Based on a latest Bloomberg report, Klarna—which did not specify the providing’s variety of shares or their worth vary— was concentrating on a valuation of greater than $15 billion.
5. Baidu Inventory Rises After AI Mannequin Rollout
U.S.-listed shares of Chinese language tech agency Baidu (BIDU) are shifting greater than 1% increased in premarket buying and selling after it unveiled two new AI fashions, “multimodal basis mannequin ERNIE 4.5 and deep-thinking reasoning mannequin ERNIE X1.” The rollout follows the latest launch of DeepSeek, one other Chinese language-based AI mannequin, whose introduction rattled tech markets. Baidu mentioned ERNIE X1 “delivers efficiency on par with DeepSeek R1 at solely half the worth.”