US stock futures edged higher on Wednesday, with S&P 500 and Nasdaq 100 contracts up 0.2% and 0.3%, respectively, while Dow Jones futures gained nearly 100 points. The moves came after all three major indexes closed at record highs for a third consecutive session on Tuesday. Nvidia shares rose about 3% in premarket trading after US President Trump said he would discuss the company’s Blackwell processors with China’s Xi Jinping, putting the AI leader on track to become the first public company valued at $5 trillion. Traders are also bracing for key earnings reports from Microsoft (+0.3%), Meta (+0.2%), and Alphabet (+0.6%), all due after the closing bell. Verizon gained 2% after reaffirming its full-year outlook, while Caterpillar jumped 4.7% following stronger Q3 sales. In contrast, CVS slipped more than 3% despite posting better-than-expected results. Meanwhile, the Federal Reserve is widely expected to cut interest rates by another 25 basis points later today.