U.S. stock futures trended mixed on Tuesday morning, with tech stocks back under pressure after yesterday’s solid run. Mainly, CoreWeave (CRWV) stock plunged 9% in pre-market trading after the artificial intelligence (AI) cloud company issued disappointing guidance. Also, Nvidia (NVDA) trended lower as SoftBank (SFTBY) sold its entire stake in the chip giant for $5.83 billion. Meanwhile, futures on the Nasdaq 100 (NDX) and the S&P 500 (SPX) were down 0.37% and 0.19%, respectively, at 8:20 a.m. EST on November 11, while futures tied to the Dow Jones Industrial Average (DJIA) were up 0.04%.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
During Monday’s regular trading session, the three major indexes closed higher on hopes of the end of the federal shutdown. The Nasdaq Composite jumped 2.27%, while the S&P 500 rose 1.54% and the Dow Jones gained 0.81%. On Monday night, the U.S. Senate passed a bill to fund the federal government through January 30, 2026, aiming to end the longest shutdown in U.S. history.
Coming to trending stocks, the newly merged media company Paramount Skydance (PSKY) jumped 5% in Tuesday’s pre-market trading after reporting strong Q3 results and raising its cost savings guidance. Also, shares of BigBear.ai (BBAI) rallied 18% following upbeat Q3 results and news of its Ask Sage acquisition. On the other hand, Rigetti Computing (RGTI) stock was down 3% after the quantum computing company missed Q3 revenue expectations.
Stay ahead of macro events with our up-to-the-minute Economic Calendar — filter by impact, country, and more.