US stock futures remained relatively flat on Tuesday, following a decline in major indexes during the previous session driven by a selloff in technology and artificial intelligence stocks.

On Monday, the S&P 500 and Nasdaq Composite dropped 0.5% and 1.21%, respectively, marking their third consecutive day of losses. In contrast, the Dow Jones edged up by 0.08%.

Among individual stocks, Palantir, a key player in defense AI, saw a steep 10.5% decline, now down nearly 30% from its peak.Nvidia also dropped 3.1% as it prepares to release its earnings report on Wednesday, while Microsoft lost 1% amid concerns over slower data center spending.

On the upside, Apple gained 0.6% after announcing plans to invest $500 billion in the US over the next four years, along with plans to hire 20,000 new employees.

Looking ahead, investors are bracing for upcoming earnings reports this week, as well as the release of the PCE index, the Federal Reserve’s preferred gauge of inflation.

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