Dow Jones futures were little changed Sunday night, while S&P 500 futures and Nasdaq futures fell slightly. Nvidia (NVDA) earnings loom large for the stock market rally and a slew of artificial intelligence plays.
Meanwhile, ChatGPT creator OpenAI is in negotiations to reinstate Sam Altman as CEO after Friday afternoon’s stunning ouster. Big investors, including Microsoft are pressing hard for his return, according to multiple report. The OpenAI drama is key for Microsoft and several other AI players.
The stock market rally had another strong week, buoyed by tame inflation and falling Treasury yields. The major indexes paused late in the week, but didn’t want to go down. A pause or pullback could be constructive, letting some leaders forge handles or other entries…