U.S. stock futures edged higher on Tuesday morning after Wall Street closed sharply lower Monday, as sentiment toward the AI trade deteriorated ahead of Nvidia’s earnings due Wednesday. The report will be scrutinized amid anxiety over stretched AI valuations, even as many expect the chipmaker to beat forecasts once again. Caution further deepened after filings showed Peter Thiel sold his near USD 100 million stake in Nvidia. Traders also awaited earnings from Target and Walmart, along with a batch of delayed U.S. data, including the September jobs report, ahead of the Fed’s next meeting. Fed Vice Chair Philip Jefferson flagged downside risks to the labor market and stressed a careful policy approach. In corporate news, Berkshire Hathaway acquired 17.9 million Alphabet shares in Q3 while trimming holdings in Bank of America and Apple. Meanwhile, Ford reached a deal with Amazon to sell certified used cars on the e-commerce giant’s platform, becoming the second major automaker to do so.