Nasdaq futures slip as Nvidia struggles, Anthropic IPO eyed

Futures tied to the Nasdaq slipped as weakness in Nvidia weighed on the technology sector and investors turned their attention to the prospect of an initial public offering from Anthropic. The moves pointed to a cautious start for Wall Street's growth-heavy benchmark.

Nvidia, the chipmaker whose shares have powered much of the market's gains tied to artificial intelligence, was again a source of concern. Its stock came under pressure, dragging on sentiment across semiconductor and AI-related names and reinforcing worries that the sector's steep valuations leave little room for disappointment.

The other focus was Anthropic, with market participants watching for signs that the AI developer could move toward a listing. A flotation by a company of its profile would be closely scrutinized as a gauge of investor appetite for new artificial intelligence offerings, and could influence how other privately held firms approach public markets.

Beyond those two names, the broader mood remained measured. Investors continue to balance enthusiasm about AI spending against questions about how quickly those investments will translate into profit, leaving index futures sensitive to headlines from the sector. Trading is likely to stay sensitive to company-specific news as the session unfolds.