From Bloomberg

• "US stocks looked set to claw back ground after Friday’s sharp selloff, with Nvidia Corp. rising in early trading. German stocks gained after conservatives led by Friedrich Merz emerged as the winners in a weekend vote.

• S&P 500 contracts climbed 0.5%, while those on the Nasdaq 100 rose 0.4%. Berkshire Hathaway Inc. shares were up in the premarket on solid results boosted by a strong jump in insurance underwriting. Apple Inc. shares slid after it said it plans to spend $500 billion domestically over the next four years to hire workers and build out AI capacity. Nvidia shares rose as much as 1.5% in early trading, days before its earnings release. 

• The chip giant’s next scorecard Wednesday will be a key test of demand for US megacap stocks and the artificial intelligence frenzy that’s powered them. With recent advances in AI by China’s DeepSeek, Nvidia is under pressure to deliver blockbuster results to reassert its leadership.

• “Markets are in wait-and-see mode until we see those bellwether AI earnings as that could be a key turning point,” Laura Cooper, head of global investment strategy at Nuveen, said in an interview.

• After years of outperformance, the benchmark S&P 500 Index is trailing international peers in 2025 as investors are put off by uncertainty from US President Donald Trump’s policies on tariffs and their potential to rekindle inflation. Friday’s tumble left the S&P 500 1.7% lower on the week.  

• Wall Street’s top strategists say the underperformance is unlikely to last long given the robust outlook for US economic growth.

• “We’ve seen a lot of inflation fears, but now markets are shifting focus back to the potential growth effects of these US policies,” Nuveen’s Cooper said."