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StocksMedium•20 May 2026•

1 min read

US Stock Futures Rise as Markets Await Pivotal Nvidia Earnings Report

Key Facts

1U.S. stock futures trended upward as investors anticipate Nvidia's crucial earnings report.

2Energy majors Chevron and Exxon Mobil saw premarket drops driven by declining oil prices.

3Analog Devices saw premarket gains following its latest financial results and announcements.

U.S. stock futures trended upward today as investors focus on Nvidia's crucial earnings report. Meanwhile, energy majors Chevron and Exxon Mobil saw premarket drops driven by declining oil prices. Conversely, Analog Devices recorded gains in premarket trading following the release of its latest financial results and corporate announcements.

The anticipation for Nvidia's results comes as traders monitor peer performance; for instance, AMD reported an 80% surge in data center revenue in its latest quarter according to search citations, raising the bar for the AI sector. In the energy space, stock prices reacted to the EIA Weekly Petroleum Report from May 13, which showed a stockpile decrease of 4.306 million barrels per market data, contributing to sector volatility.

Market participants are monitoring key levels, with NVDA closing at $947.80 and ADI at $240.15 (as of May 19, 2026 close). Looking ahead, the economic calendar features U.S. Initial Jobless Claims on May 21, a key catalyst that could provide further insight into the Fed's policy trajectory and its subsequent impact on growth-oriented tech stocks.