Nvidia (NVDA) shares are falling after the artificial intelligence (AI) darling failed to impress investors with its quarterly results; Dell Technologies (DELL) shares are sinking after the market closes ahead of the release of second-quarter results; Salesforce (CRM) shares are rising after earnings beat estimates; review site Yelp (YELP) is suing Alphabet’s (GOOGL) Google; and Big Lots (BIG) shares are tumbling as the home improvement retailer is reportedly considering filing for bankruptcy. U.S. stock futures were little changed, with Friday’s inflation report expected to show easing price pressures and reinforce expectations of a rate cut by the Federal Reserve. Here’s what investors need to know today.

1. Nvidia shares fall as results are not convincing

Nvidia (NVDA) shares are under pressure in premarket trading after the AI ​​chipmaker’s results beat analyst estimates but failed to impress investors and pointed to slowing growth. Analysts at Jefferies said Nvidia’s third-quarter revenue forecast of $32.5 billion may also have fallen short of investor expectations, although it was above analyst consensus. Nvidia attempted to allay concerns about reported delays to its Blackwell chip in its earnings call, saying it expects “multiple billions of dollars in revenue” in the fourth quarter as production ramps up.

2. Dell slips ahead of earnings announcement, margins and AI developments in focus

Dell Technologies (DELL) shares are down 5% in premarket trading ahead of its second-quarter results after the close. Investors are awaiting margin improvements and updates on the PC maker’s position in the artificial intelligence (AI) server market. Analysts are forecasting revenue to rise to $24.18 billion and net income to reach $871.01 million, both higher than the same period last year. Analysts said the company may accelerate its cost-cutting efforts to improve margins, as chipmaker Intel (INTC) and networking equipment company Cisco (CSCO) have done. Lululemon Athletica (LULU), Marvell Technology (MRVL), Ulta Beauty (ULTA) and more are also set to report results after the close.

3. Salesforce is growing rapidly: results exceed forecasts, margin reaches record high

Salesforce (CRM) shares rose 5% in premarket trading after the cloud software company reported second-quarter results that beat expectations and reported a record-high operating margin of 19.1%. The company maintained its fiscal 2025 revenue forecast of $37 billion to $38 billion and raised its earnings per share forecast by 1 cent to $6.05 to $6.13. Salesforce also announced that CFO Amy Weaver is resigning but will stay in the role until a successor is named.

4. Yelp sues Google for alleged abuse of influence in online search

Business review site Yelp (YELP) has sued Alphabet (GOOGL) in federal court in San Francisco, alleging that the search engine is exploiting its market dominance to redirect users to its own content. “Google – a multi-trillion dollar company and confirmed monopolist – abuses its unlawfully maintained dominance in general internet search to redirect users to its own inferior content and thereby supplement its enormous revenues,” Yelp’s lawsuit says. The move came weeks after a federal judge ruled that Google violated antitrust law by maintaining an illegal monopoly in search. The tech giant is appealing that ruling. Shares of Yelp and Alphabet were little changed in premarket trading.

5. Big Lots plunges as home goods retailer reportedly considers bankruptcy

Big Lots (BIG) shares are falling 31% in premarket trading after reports that the furniture and home furnishings chain is considering filing for bankruptcy after years of declining sales. Citing people with knowledge of the plans, Bloomberg Big Lots is also reportedly seeking investors to avoid Chapter 11 bankruptcy. The discount retailer’s plans come as several retailers report they are struggling with declining spending on home goods.