5 things to know before the market opens on Tuesday

good morning. Soon, your garage won’t be the only gym with a gym. peloton bicycle. The fitness company is ramping up its commercial operations, announcing yesterday new bike and tread products designed for busy gyms.

Stock futures were little changed this morning after Monday’s rally.

Here are five important things investors need to know to start their trading day.

shares of Nvidia Shares closed about 1.7% higher on Monday after CEO Jensen Huang said the company expects orders for Blackwell and Vera Rubin systems to reach $1 trillion through next year. This is twice the number Nvidia expected last year.

Here’s what Huang announced in his keynote at Nvidia’s GTC conference:

Huang announced Nvidia’s first chip from Groq, a startup whose assets were acquired last year for $20 billion. Nvidia Groq 3 language processing units are expected to ship in the third quarter. Nvidia is expanding its self-driving technology business, adding multiple automakers as customers for its Drive Hyperion platform. “The ChatGPT moment for self-driving cars has arrived,” Huang said. The chipmaker announced the launch of a computing platform for orbital data centers. The company said multiple companies plan to use its Vera Rubin Space-1 module in space missions. Huang also touted a new developer toolkit that works with OpenClaw, a virus AI agent whose developer joined Nvidia last month. Don’t miss CNBC’s exclusive interview with Huang at 10:10 a.m. ET. Watch live on CNBC+ or CNBC Pro stream.

Oil prices fell yesterday amid uncertainty over President Donald Trump’s plans for a United Nations coalition to protect tanker traffic in the Strait of Hormuz. “Many countries have told me that preparations are underway,” the president said, without giving details.

Iranian attacks have caused the biggest oil supply disruption in history, and traffic through the strait has plummeted since the outbreak of the Iran war. Treasury Secretary Scott Bessent told CNBC on Monday that the U.S. is allowing Iranian tankers to pass through the strait, saying, “We’ve been allowing that to supply the rest of the world.”

Oil prices turned higher this morning, putting pressure on stock futures. Follow live market updates here.

Iran is not the only foreign country attracting President Trump’s attention. President Trump told reporters yesterday that he believed he could have the “honor” of “taking Cuba,” adding: “I think we can do whatever we want with it, whether it’s liberating Cuba or taking it.”

The comments came a little more than a week after President Trump suggested he would shift his focus to Cuba once the war in Iran is complete. The White House has effectively cut off supplies to Venezuelan oil from Havana since the United States detained former Venezuelan President Nicolás Maduro, sparking a fuel crisis in the country.

Meanwhile, President Trump said Monday that the United States has asked him to postpone his next visit to China by “about a month.” The president cited the Iran war as a reason for the postponement, saying, “I would love to go, but because of the war, I want to be here. I feel like I have to be here.”

last month, Apollo’s John Zito told UBS clients that private equity firms were misrepresenting the value of their software holdings. “I think literally every valuation is wrong,” said the company’s co-president of asset management and head of credit. “I think the private equity mark is wrong.”

Zito’s warning is one of the first from within the industry and comes as software stocks have plummeted on investor concerns that new AI tools will make businesses obsolete. This has raised concerns that the valuations of software loans by private credit finance companies may be outdated.

your Amazon Your order may arrive even faster soon.

The e-commerce giant announced this morning that shoppers in 2,000 U.S. cities and towns can now take advantage of three-hour delivery, with one-hour delivery available in hundreds of those locations. Both options cost money, but Prime members will save $10.

As CNBC’s Annie Palmer reports, Amazon is investing heavily in its same-day delivery program. The company has recently been testing 30-minute delivery of household goods and groceries through its Amazon Now service, as well as one-hour delivery using drones.

Benchmark’s Bill Gurley told CNBC yesterday that he expects a “reset” in artificial intelligence. “When people get rich quick, a lot of people come to get rich too. That’s why bubbles happen,” a venture capitalist told CNBC’s “Money Movers.”

—CNBC’s Brandon Gomez, Gabriel Fonrouge, Pia Xin, Sean Conlon, Katie Tarasoff, Laura Multi, Michael Weiland, Spencer Kimball, Li Ying-Shan, Garrett Downs, Kevin Bruninger, Hugh Song and Annie Palmer contributed to this report. Terry Cullen edited this version.