Dow, S&P 500 futures climb after Nvidia boost, with CPI inflation data, big bank earnings on deck:

Image source: Adobe Stock

Tech led as US stock futures rose on Tuesday, with a China green-light for Nvidia lifting spirits in the wait for a key consumer inflation print and for big banks to kick off earnings season.

S&P 500 futures moved up 0.3%, while contracts on the tech-heavy Nasdaq 100 climbed 0.5%, buoyed by gains for AI chipmaker Nvidia. But Dow Jones Industrial Average futures slipped, down roughly 0.2% on the heels of closing gains for the major gauges.

Nvidia said it hopes to resume sales of its key AI chips to China soon, having received assurances from the US government that it will be granted licences.

The dramatic reversal in the Trump administration's earlier stance on export curbs - part of its trade standoff with Beijing -helped lift shares almost 5% in premarket. Yahoo Finance reports.

🤖 Nvidia says it will resume H20 AI chip sales to China ‘soon,’ following U.S. government assurances:

Nvidia said Tuesday that it hopes to resume sales of its H20 general processing units to China, in a major win for the company that has suffered from U.S. export curbs.

The U.S. government in April told Nvidia it would require a license to sell the chips to China, the company said in a filing, effectively halting their sales. The H20 chips had been designed specifically to bypass earlier export controls on Beijing.

“The U.S. government has assured NVIDIA that licenses will be granted, and NVIDIA hopes to start deliveries soon,” the company said in a statement Tuesday.

Nvidia CEO Jensen Huang in recent months has ramped up his lobbying against export controls, arguing that they inhibited American tech leadership. In May, Huang said chip restrictions had already cut Nvidia’s China market share nearly in half. CNBC reports.

💵 CoreWeave commits $6 billion to Pennsylvania data center amid Trump AI push:

CoreWeave plans to spend up to $6 billion on building a new artificial intelligence data center in Pennsylvania, as part of a push by U.S. President Donald Trump to maintain the country’s edge in the booming technology sector, the company said on Tuesday.

Shares of the AI cloud computing firm rose more than 8% in premarket trading.

CoreWeave’s investment adds to the hundreds of billions of dollars companies have committed to expanding AI infrastructure in the United States, amid growing energy and computational demands and Trump’s drive to onshore AI supply chains. Yahoo Finance reports.

✈️ United Airlines gears up for Q2 print; here are the recent forecast changes from Wall Street's most accurate analysts:

United Airlines Holdings, Inc. will release earnings results for the second quarter, before the opening bell on Wednesday, July 16.

Analysts expect the Chicago, Illinois-based company to report quarterly earnings at $3.88 per share, down from $4.14 per share in the year-ago period. United Airlines projects to report quarterly revenue of $15.33 billion, compared to $14.99 billion a year earlier, according to data from Benzinga Pro.

On May 29, JetBlue and United Airlines unveiled a wide-ranging partnership on Thursday to expand customer benefits, loyalty rewards, and travel options across both airlines' networks.

United Airlines shares gained 1.4% to close at $88.94 on Monday. Benzinga reports.

💼 JPMorgan Chase tops earnings estimate for sixth quarter in a row:

JPMorgan Chase & Co.’s second-quarter profit marked the megabank’s sixth in a row of stronger-than-expected results, as the bank benefitted from a reduced provision for credit losses, brisk markets revenue and a “resilient” U.S. economy.

Its profit for the three months ended March 31 fell to $14.99 billion, or $5.24 a share, from $18.15 billion, or $6.12 a share in the year-ago quarter. Wall Street analysts had expected JPMorgan Chase to earn $4.48 a share, according to FactSet data. MarketWatch reports.

🎆 Google inks $3 billion US hydropower deal in largest clean energy agreement of its kind:

Google has agreed to secure as much as 3 gigawatts of U.S. hydropower in the world's largest corporate clean power pact for hydroelectricity, the company said on Tuesday, as Big Tech pursues the expansion of energy-hungry data centers.

The deal between Google and Brookfield Asset Management includes initial 20-year power purchase agreements, totaling $3 billion, for electricity generated from two hydropower facilities in Pennsylvania.

The tech giant will also invest $25 billion in data centers across Pennsylvania and neighboring states over the next two years, Semafor reported on Tuesday. Benzinga reports.

📊 US inflation expected to rise in June with tariff-driven price hikes:

U.S. consumer prices likely picked up in June, potentially marking the start of a long-anticipated, tariff-induced increase in inflation that has left the Federal Reserve cautious about resuming its interest rate cuts.

The Consumer Price Index report from the Labor Department on Tuesday is expected to show a rebound in gasoline prices and higher costs for some tariff-sensitive goods last month.

Inflation readings from February through May were on the soft side, leading to demands by President Donald Trump for the U.S. central bank to lower borrowing costs. Reuters reports.

(All pricing and percent gains are based on Early Pre-Market from 4:00 AM to 7:00 AM Eastern Time)
Benzinga reports.

1) $SMX: SMX (Security Matters)

Total gain: +123.21%

2) $XAGE: Longevity Health Holdings

Total gain: +95.46%

3) $GRO: Brazil Potash

Total gain: +53.10%

4) $CYCC: Cyclacel Pharmaceuticals

Total gain: +38.67%

5) $KC: Kingsoft Cloud Holdings

Total gain: +18.01%

The closing price of the top three market percent gainers trading near or above $3 on July 14.
Benzinga reports.

*All pricing and percent gains are based on regular market trading hours from 9:30am to 4:00pm Eastern Time

1) $SONN: Sonnet BioTherapeutics

Total gain: +81.81%

The company announced that it has entered into a definitive agreement for a business combination with Rorschach I LLC, a newly formed entity established by an affiliate of Atlas Merchant Capital LLC, which is itself affiliated with Paradigm Operations LP, along with additional sponsors. The transaction aims to transform the company’s business by building a reserve of HYPE, the native token of the Hyperliquid Layer-1 blockchain. Benzinga reports.

2) $YHC: LQR House

Total gain: +78.52%

The stock appeared to be moving on no notable news.

3) $BMGL: Basel Medical Group

Total gain: +39.55%

The stock appeared to be moving on no notable news.

*Estimate and Actual numbers represent Earnings Per Share in US Dollars


BLK: BlackRock
2Q 2025

Before Market Open
Estimate: 10.670
Actual: 12.050

C: Citigroup
2Q 2025

Before Market Open
Estimate: 1.620
Actual: N/A

UNTY: Unity Bancorp
2Q 2025

Before Market Open
Estimate: 1.170
Actual: 1.610

Time (ET) | Report | Period

8:30 am - Consumer price index - June

8:30 am - CPI year over year

“An investment in knowledge pays the best interest.”

- Benjamin Franklin

Sourced in: "Poor Richard's Almanack”, by Benjamin Franklin, published in 1790.