Nasdaq futures slip with Nvidia woes, Anthropic IPO in focus

Nasdaq futures slip with Nvidia woes, Anthropic IPO in focus

Nvidia's CEO Jensen Huang is facing scrutiny, impacting investor sentiment in the tech sector. Anthropic is preparing for a huge initial public offering, potentially raising $64.4 billion. The market is anxious about upcoming inflation data that could influence stock performance. Cooling oil prices have provided some optimism among investors and pushed Dow futures higher. Concerns over the sustainability of the AI boom continue to linger in the background.

Nasdaq-100 Futures Fall 1.5% to Premarket Low Before U.S. Open

Nvidia shares were down nearly 2% in premarket trading. Long positions accounted for $177 million of $186 million in hourly crypto liquidations.

Chip Stocks Drag Nasdaq Futures On Nvidia CEO's Affair Row, Anthropic IPO Buzz; Intel, Marvell Down 2%

Nasdaq 100 futures fell 0.35% as investors weighed allegations involving Nvidia CEO Jensen Huang and Anthropic's proposed $64.4 billion IPO, while inflation data kept markets on edge.