Source: Fortune
Summary
S&P 500 futures rose 0.14% ahead of Nvidia’s Q4 2025 earnings call, with traders watching for signs of strength in the AI sector. Nvidia is expected to exceed estimates and provide strong guidance, but some investors remain anxious about AI stocks. Tech stocks are in a fragile state, with the Nasdaq Composite down 1.63% year-to-date. Bespoke Investment Group created an “AI Doom” basket of 55 large-cap stocks that have been punished by AI headlines, which is trading at levels last seen in April. Goldman Sachs noted that capital expenditures by AI hyperscalers are estimated to be $667 billion in 2026, up 62% from the year before.
Our Reading
The numbers tell one story.
Nvidia’s earnings call is being closely watched, with traders expecting strong guidance. The AI sector is fragile, with some investors anxious about the impact of AI on the economy. The “AI Doom” basket created by Bespoke Investment Group is trading at levels last seen in April. Goldman Sachs noted that capital expenditures by AI hyperscalers are estimated to be $667 billion in 2026, a 62% increase from the year before. The market is holding its breath, like a strong man waiting for the right moment to break down in tears.
Author: Evan Null
