How Nvidia Earnings Pressure and Tesla Slide Weigh on Nasdaq Tech Stocks — Market Wrap May 19

7horns.ai Daily Briefing EN · May 19, 2026 · 3m

Today's AI insights from 7horns.ai reveal a mixed global market tone with tech stocks under pressure ahead of Nvidia's key earnings report. Nasdaq futures fell 0.6% pre-market, led by Nvidia dropping 0.75% and Tesla sliding over 1%, extending Monday’s losses. Meanwhile, Asian markets showed divergence: Japan’s Nikkei declined 0.45%, while Hong Kong’s Hang Seng and China’s FXI edged higher by 0.41% and 0.55% respectively, supported by banking stocks. Oil prices remain volatile; Brent crude eased after geopolitical tensions cooled, yet USO crude oil futures gained 0.8%, reflecting underlying…