US Stock Futures Slide as Nvidia Drags

US equity futures declined on Thursday as Nvidia shares faced renewed selling pressure following reports of potential leadership turmoil at the chipmaker. Nasdaq 100 and S&P 500 futures fell 0.9% and 0.4%, respectively, while Dow futures remained little changed. During after-hours trading, Nvidia shares tumbled as much as 10% after the NYT reported allegations of a relationship between CEO Jensen Huang and a company executive, while the WSJ reported that the board was preparing to remove him from his position. The turmoil surrounding Nvidia could create broader repercussions across global markets given its central role in the AI boom. Meanwhile, US equities finished Wednesday’s session higher, with the Nasdaq Composite and S&P 500 gaining 1.6% and 1.31%, respectively, while the Dow advanced 0.49%. The rally was supported by a 25% surge in AI computing firm CoreWeave following an optimistic business outlook, helping reinforce investor confidence in the broader AI sector.