5 Things to Know Before the Stock Market Opens

U.S. stock futures edge lower after four consecutive weeks of losses; Nvidia (NVDA) kicks off its GTC conference, likely unveiling new AI products; gold futures stay above $3,000 an ounce; Klarna files for a U.S. IPO; and Baidu (BIDU) shares rise as the company reveals new AI models. Here's today's key investor update.

1. US Stock Futures Dip After Four Weeks of Declines

U.S. stock futures edge lower as markets come off four consecutive weeks of losses, with focus on the upcoming Fed rate decision. Dow futures drop 0.3% after a 3.1% weekly slide—the worst in two years. Nasdaq and S&P 500 futures also ease, while Bitcoin and oil rise 1%. The 10-year Treasury yield dips below 4.3%.

2. Nvidia GTC Conference Begins Today

Nvidia (NVDA) kicks off its GPU Technology Conference (GTC) in San Jose, where it’s expected to unveil its Blackwell Ultra GB300 AI chips and updates in gaming and robotics. CEO Jensen Huang will deliver a keynote Tuesday. Nvidia shares are up 1.5% premarket.

3. Gold Futures Hold Above $3,000 After Record High

Gold futures remain in focus, trading at $3,008 after hitting a record high above $3,000. The metal rose 2.6% last week and is up 14% year-to-date, as investors seek safety amid economic concerns and inflation fears.

4. Klarna Files for U.S. IPO

Buy Now, Pay Later firm Klarna has filed a U.S. IPO prospectus, pushing forward despite market uncertainty. The SEC filing lacks share count and pricing details, but Bloomberg reports the company is targeting a valuation above $15 billion.

5. Baidu Shares Climb After New AI Model Launch

Baidu (BIDU) shares rise over 1% premarket after unveiling its ERNIE 4.5 and ERNIE X1 AI models. The company claims ERNIE X1 rivals DeepSeek R1’s performance at half the cost, boosting investor confidence.

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