AI Jitters Roil Wall Street; S&P 500 Futures Edge Up Ahead of Tech Earnings

S&P 500 futures stand slightly higher at 7175.75 (+0.11%) despite renewed AI concerns roiling markets ahead of key tech earnings. A WSJ report that OpenAI missed revenue and user targets triggered sharp selloffs, with Oracle, CoreWeave, and SoftBank shares dropping at least 4%, pulling the Nasdaq composite down 0.9% from records and the S&P 500 tech sector 1.3%. Investors now focus on Wednesday's earnings from Alphabet, Amazon, Microsoft, and Meta, plus Apple's on Thursday, for clues on AI spending profitability. VIX eased to 18.26 (-2.92%), signaling cautious but mixed sentiment.