US stocks marginally higher at the start of the US session

The major US stock indices are trading little changed ahead of Nvidia and salesforce earnings after the close.

• Dow industrial average +10.68 points or 0.02% at 42355.93.
• S&P index up 2.65 points or 0.04% at 5924.01
• NASDAQ index up 4.09 points or 0.02% at 19203.

• Nvidia (NVDA): Shares are trading at $135.44 ahead of its Q1 earnings release after the close today (down -0.07%). Analysts are keen on data center growth, developments in China, and the potential of “sovereign AI” clients like Saudi Arabia.

• Broadcom (AVGO): Currently at $236.16 up $0.46 or 0.19%. The stock has seen a price target increase to $283 from $198 by Melius Research, citing strong AI chip demand.

• Salesforce (CRM): Shares are at $277.52 of $0.33 or 0.12%. The company will announce earnings after the close. Canaccord, cut their price target to $350 from $400 after its $8B acquisition of Informatica. The deal is expected to enhance earnings and cash flow.

• Macy’s (M): Trading at $12.015, the company reported a quarterly beat but cut its guidance due to tariff concerns. Despite this, the stock rose 4%.

• Tesla (TSLA): Shares are at $361.23, down -0.46%. Elon Musk has expressed concerns over President Trump’s “Big Beautiful Bill,” stating it undermines the Department of Government Efficiency’s efforts. Elon’s SpaceX Starship rocket experienced another setback, exploding during its ninth test flight. Despite the failure, Musk noted progress compared to previous attempts

  .

This article was written by Greg Michalowski at www.forexlive.com.