0&&s)if(o){var r,a=(r=e.newCount)>99;s.textContent=a?"99+":r+"",null===(t=s.parentElement)||void 0===t||t.classList.add(Kt)}else s.style.display="block"},f=function(){u.refreshPanel().then(h).then(ne).catch((function(){}))};if(e.addEventListener("close-all-menus",(function(){xe(c)||d()})),c){f();var m=setInterval((function(){f()}),3e5);e.onDestroy((function(){clearInterval(m)})),o?l&&l.addEventListener("mouseenter",(function(){p(),null==t||t.show()})):c.addEventListener("mouseenter",(function(){p(),null==t||t.show()})),c.addEventListener("mouseleave",(function(){d(),null==t||t.hide()}))}e.addElementListener(i,"click",(function(){ee("ybar","notification","",{elm:"btn",elmt:"block"===(null==s?void 0:s.style.display)?"newalert":"",subsec:"notification",itc:"1"})})),r&&Se(e,r,"ybar","notification",{elm:"expand",subsec:"notifications",itc:"2"}),e.addElementListener(a,"focusin",(function(){i&&(i.checked=!0),null==a||a.classList.add("ybarMenuOpen")})),e.addElementListener(a,"focusout",d),e.addElementListener(n.tooltipContainer,"focusin",(function(){null==t||t.show()})),e.addElementListener(n.tooltipContainer,"focusout",(function(){null==t||t.hide()}));var v=e.getConfig().device,y=document.getElementById("ybar");y&&y.classList.contains("ybar-ytheme-crunch")&&(ro=0);var g=new RegExp("[?&]notifications=1(&|#|$)");"desktop"===v&&i&&g.test(window.location.search)&&(i.checked=!0)};ge("ybar-mod-notification",(function(e){var n={isUH3:"crunch"===e.getConfig().ytheme,notifContainer:document.getElementById("notification-container"),notifBadge:document.getElementById("notif-badge"),notifMenu:document.getElementById("ybarNotificationMenu"),notifMenuOpener:document.querySelector("#ybarNotificationMenu + label"),notifDropdown:document.getElementById("notifDropdownContainer"),tooltipContainer:document.querySelector(".".concat(Xt)),notifLabel:document.querySelector(".".concat($t))};n.notifDropdown&&so(e,n)}))}()}};

Updated Wed, May 28, 2025, 4:15 AM1 min read

In This Article:

US stock futures traded flat on Wednesday as investors cautiously counted down to Nvidia's (NVDA) earnings report, seen as a crucial test of hopes for Big Tech amid tariff uncertainty.

Futures on the Dow Jones Industrial Average futures (YM=F) and the S&P 500 (ES=F) were little changed on the heels of Tuesday's tariff reprieve-driven rebound. Contracts on the tech-heavy Nasdaq 100 (NQ=F) also held near the flat line.

Nvidia's results are looming large as Wall Street looks for clues to AI demand, which has helped keep bullishness for stocks alive. Hopes are that the chipmaker will confirm that megacap techs can still drive gains even as trade-war fears prey on markets.

The AI bellwether is expected to report first quarter earnings after the bell on Wednesday. If it beats lofty targets for sales and profit — and crucially, delivers an upbeat outlook amid anti-China trade measures — strategists expect a broader rally in stocks.

Also on the docket are quarterly results from Macy's (M), Abercrombie (ANF), and Salesforce (CRM).

On the economic front, minutes from the Federal Reserve's meeting earlier in May are set for release later in the day. Investors are looking for additional insight into how policymakers view the economy, with the impact of President Trump's trade policy in high focus.

Read more: The latest on Trump's tariffs

Fresh data on Tuesday showed that US consumer confidence rebounded in May as Americans reacted to Trump delaying the implementation of a 50% tariff on imports from the European Union — a sign of easing trade tensions.

Nations are now racing to cut deals with the Trump administration to avoid the planned US tariff hikes, with India reportedly the latest to offer to lower its own tariffs on some American products.

LIVE 5 updates

• Trade truces are undoubtedly bullish — but mask unresolved issues

  Yahoo Finance's Hamza Shaban reports:

  Read more here from today's Morning Brief.

• 

  Good morning. Here's what's happening today.

• The path of least resistance for stocks is to move higher: Barclays

  Bloomberg reports:

  Read more here.

• 

  Okta stock falls despite beating Q1 earnings and revenue estimates

  Okta (OKTA) stock dropped by 12% on Wednesday in premarket trading after the tech company reported its first-quarter earnings the day before.

  Despite beating Q1 earnings and revenue estimates, the company reiterated its full-year revenue outlook,factoring in a potential risk related to the uncertain economic environment.

  CEO, Todd McKinnon said: "Okta had a solid start to FY26 highlighted by record operating profit and another quarter of robust free cash flow."

  "The world's biggest organizations continue to turn to Okta to solve identity security across their workforces, customers, and AI use cases."

  McKinnon explained that they would continue a "prudent approach to forward guidance… factoring in potential risks related to the uncertain economic environment for the remainder of FY26."

• Oil rises with OPEC+ committee meeting imminent

  Oil rose today, with an OPEC+ meeting on the horizon to address potential supply issues. Meanwhile, the US is entering the early stages of prospective sanctions on Russia.

  Bloomberg reports:

  Read more here.