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Investing.com - U.S. stock futures pointed lower on Tuesday, in a sign of ongoing caution among investors ahead of crucial quarterly results from Nvidia later this week.
Here are some of the biggest premarket U.S. stock movers today:
Shares in artificial intelligence-darling Nvidia (NASDAQ:NVDA) and peer Intel (NASDAQ:INTC) both fell following a Bloomberg News report that the White House was seeking to toughen Biden-era controls on semiconductor technology exports to China -- especially chips from Nvidia.
Hims & Hers (NYSE:HIMS) warned that it may stop selling legal copies of a popular weight-loss drug made by Denmark’s Novo Nordisk (CSE:NOVOb) (NYSE:NVO), sending shares in the U.S. telehealth firm down sharply.
Zoom Communications’ (NASDAQ:ZM) stock price also fell after the video conferencing group unveiled first-quarter and full-year revenue guidance that missed analysts’ estimates.
Crypto-related stocks slumped after a sharp sell-off in Bitcoin and broader crypto markets. Strategy (NASDAQ:MSTR) shares fell more than 4%, while Coinbase (NASDAQ:COIN) and Riot Platforms (NASDAQ:RIOT) each plunged nearly 5%.
Home Depot (NYSE:HD) has unveiled a comparable sales growth forecast for its 2026 fiscal year that was short of expectations, as the group flagged an "uncertain" operating environment. Shares dipped by around 2%.
Shares in Krispy Kreme (NASDAQ:DNUT) slumped after its annual sales and profit guidance missed analysts’ expectations.
Chegg (NYSE:CHGG) shares shed more than 20% of their value on disappointing first-quarter revenue and adjusted core earnings projections from the education technology firm.