5 things to know before the stock market opens on Wednesday

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

Wall Street may be losing some of its excitement about artificial intelligence, but the battle among big tech companies for dominance in the field continues. After the bell today, investors’ attention will be focused on just one event. NvidiaThis is the earnings report.

Here’s the latest from Nvidia and in this area.

Nvidia fell more than 4% this week as investors awaited third-quarter results. The stock is up more than 1% in pre-market trading today. Nvidia and microsoft Yesterday, it announced a partnership with AI startup Anthropic. With the investment, Anthropic is now valued at about $350 billion, up from $183 billion in September, people told CNBC.Microsoft also announced its own product that can automatically detect the use of AI agents developed by the company and other tech companies.googleMeanwhile, it announced an upgraded Gemini 3 model to catch up with OpenAI’s ChatGPT.intuition will pay OpenAI more than $100 million in a multi-year agreement to integrate ChatGPT into its financial products, including TurboTax. Yesterday’s declines in Nvidia and other AI names weighed on the broader market. S&P500 This is the longest losing streak since August. Follow live market updates here.

target announced this morning that its third-quarter sales were slightly below Wall Street expectations and lowered the high end of its full-year profit outlook. Shares fell about 2% in pre-market trading following the results.

Incoming CEO Michael Fidelke said the company is focused on investments and decisions that will “get Target back on a growth path as quickly as possible.” But as CNBC’s Melissa Repko points out, Fidelke declined to say when the company’s sales will be positive again.

lowe’s Similarly, it lowered its full-year profit outlook before the bell. However, the home improvement retailer reported better-than-expected earnings per share in the third quarter, sending its shares up more than 6% in premarket trading.

Yesterday, the House and Senate passed legislation to release the Justice Department’s files on sex offender Jeffrey Epstein. The bill now heads to President Donald Trump, who has said he intends to sign it into law.

Meanwhile, former Treasury Secretary Larry Summers announced this morning that he is resigning from OpenAI’s board of directors. Two days ago, Mr. Summers said he was stepping back from public commitments following the release of his emails with Mr. Epstein.

meta Yesterday, we won a rust control lawsuit against the Federal Trade Commission. Judge James Boasberg said in his ruling that Facebook’s parent company does not currently have a monopoly on social media, and wrote that TikTok and YouTube are “competitive threats.”

At the heart of the case was Mehta’s acquisitions of Instagram and WhatsApp in 2012 and 2014. Regulators argued that the company should be forced to separate the two brands.

The decision came seven months after the trial began and five years after the FTC filed the case. CEO Mark Zuckerberg, former executive director Sheryl Sandberg and Instagram co-founder Kevin Systrom all testified at trial.

After years of dominating the streaming world, Netflix is now betting on toys and first-hand experiences.

The company has begun jumping into product partnerships and marketing that traditional media companies have leveraged for decades. As CNBC’s Sarah Witten reports, Netflix’s push comes as the streamer’s original content library has acquired enough popular shows (think KPop Demon Hunters and Bridgerton) to justify a retail investment.

Netflix has agreements with: hasbro, mattel and products related to Jazzwear’s media assets. The California-based company has also launched short- and long-term event spaces, including the new Netflix House Philadelphia.

President Trump slammed ABC yesterday after the reporter’s comments. disneyThe news department of the company he owns asked the president why he didn’t release the Epstein files.

—CNBC’s Ashley Caputo, Mackenzie Sigalos, Sean Conlon, Jordan Nove, Melissa Repko, Jonathan Vanian, Sarah Witten and Kevin Breuninger contributed to this report. Josephine Rozzelle edited this version.