U.S. stock futures are little changed following yesterday's rally as investors watch for key earnings today; Nvidia (NVDA) and Salesforce (CRM) are expected to report strong first-quarter revenue growth after markets close; Stellantis (STLA) taps a company veteran to be CEO as the automaker grapples with U.S. tariffs; and Vail Resorts (MTN) shares are surging after its former CEO returns to the helm of the ski resort operator. Here's what investors need to know today.

1. US Stock Futures Little Changed Ahead of Nvidia Results

U.S. stock futures are little changed after yesterday's rally as investors await key earnings reports from Nvidia and Salesforce. S&P 500 futures are ticking higher by after the benchmark index soared 2.1% Tuesday to break a four-session losing streak. Nasdaq futures are slightly higher after the tech-heavy index surged 2.5%, while Dow Jones Industrial Average futures are little changed after the blue-chip index rose 1.8%, or more than 700 points. Bitcoin (BTCUSD) is down 1% to trade below $109,000. The 10-year Treasury yield and oil and gold futures are moving higher.

2. Nvidia Seen Reporting Strong Q1 Revenue Growth

Nvidia (NVDA) shares are up less than 1% in premarket trading ahead of its highly anticipated first-quarter results scheduled for after markets close today. Analysts surveyed by Visible Alpha expect Nvidia to report adjusted earnings per share (EPS) of $0.86 on revenue of $43.28 billion, up 66% year-over-year. CEO Jensen Huang is expected to address sales to China after the Trump administration imposed tighter export controls, which Nvidia has warned would lead to a $5.5 billion Q1 charge due to restrictions on its H20 chips.

3. Salesforce Expected to Report Revenue Growth on AI Optimism

Salesforce (CRM) also is scheduled to report Q1 results after markets close today, with analysts expecting the software provider to post adjusted EPS of $2.55 on revenue that jumped 7% to $9.75 billion. The report comes a day after Salesforce announced it was buying AI-based data management software provider Informatica (INFA) for about $8 billion. Shares of Salesforce, which are down about 17% for 2025 entering Wednesday, are edging higher in premarket trading.

4. Jeep Parent Stellantis Names Company Veteran New CEO

Stellantis (STLA) on Wednesday appointed veteran executive Antonio Filosa as its next CEO as the Chrysler and Jeep maker grapples with tariffs and a drop in sales. Filosa has been with the company for 25 years and currently serves as COO, Americas, where he was tasked with reducing the "excessive dealer inventory" that has plagued the automaker’s U.S. business. Last month, Stellantis withdrew its full-year outlook due to "tariff-related uncertainties" and reported first-quarter revenue that fell 14%. Stellantis shares, down 20% so far this year entering Wednesday, are about 1% lower in premarket trading.

5. Vail Resorts Stock Soars as It Brings Back Former CEO

Vail Resorts (MTN) shares are soaring 11% in premarket trading after the operator of ski resorts appointed its former CEO to return to the role. Rob Katz, Vail Resorts' CEO from 2006 to 2021 and current Executive Chairperson, will succeed Kristen Lynch, who stepped down as CEO and will remain in an advisory role. The leadership change comes as Vail shares have fallen nearly 20% this year amid issues including a 12-day ski-patrol strike at its massive resort in Park City, Utah.