India, Aug. 26 -- The major U.S. Index futures are currently pointing to a roughly flat open on Wednesday, with stocks likely to show a lack of direction following the modest strength seen in the previous session.
Traders may be reluctant to make significant moves ahead of the release of AI giant Nvidia's (NVDA) second quarter results after the close of today's trading.
In light of recent concerns about AI spending, Nvidia's results and guidance could have a significant impact on the outlook for the sector.
"Assuming there is no major movement in either a positive or negative direction in geopolitical terms, tonight's second quarter results from Nvidia are likely to set the tone for markets through the remainder of the week," said AJ Bel...