Stock futures on Monday evening were hovering near the flatline. This came after both the S&P 500 and Nasdaq Composite had pulled back from their record highs. The broad market index futures slipped by 0.07%, while Nasdaq 100 futures inched down by the same percentage. Dow Jones Industrial Average futures lost 26 points, which is equivalent to 0.06%. In extended trading, Oracle shares took a significant dive, slumping more than 7%. The database software company's fiscal second-quarter results failed to meet Wall Street's estimates. During the regular session, the major averages also experienced a decline. The S&P 500 and the Nasdaq Composite slid about 0.6% each, dropping from their recent records as Nvidia shares declined. A regulator in China initiated an investigation into the chip giant Nvidia over possible violations of the country's antimonopoly law. Tech giants like Meta Platforms, Amazon, and Netflix also ended the session in the red.Laureate Tengler Investments CEO Nancy Tengler stated, "We have heard that the tech trade has been on and off for five years, yet there has not been a better place to be. Yes, the market is broadening, which is good, but without tech, the market and the economy struggle."On the economic report front, the National Federation of Independent Business's small business survey is scheduled to be released on Tuesday morning. The major event of this week is the U.S. consumer price index report, which is due on Wednesday and could have a significant impact on how the Federal Reserve proceeds with interest rates at its December 17-18 meeting. Economists polled by Dow Jones predict that headline inflation rose by 0.3% in November and 2.7% over the previous 12 months.Several notable companies are also reporting their results on Tuesday. These include GameStop and Dave & Buster's Entertainment.Now let's take a look at some of the companies making headlines in extended trading:Oracle
The computer technology company's stock slipped by 5% after it slightly missed fiscal second-quarter earnings estimates. The firm reported adjusted earnings of $1.47 per share, while analysts polled by LSEG were expecting $1.48 per share. However, Oracle's revenue of $14.1 billion matched analysts' estimates.MongoDB
Shares of the database company added more than 9% after it raised its fourth-quarter forecast. MongoDB now expects adjusted earnings per share to be in the range of 62 cents to 65 cents, while analysts polled by LSEG were looking for 58 cents per share. The firm also expects revenue in the current quarter to be between $515 million and $519 million, against a forecast of $509 million.Vail Resorts
The operator of ski resorts saw its shares jump close to 3% after posting a narrower-than-expected loss in the fiscal first quarter. Vail reported an adjusted loss of $4.61 per share on revenue of $260 million. Analysts polled by LSEG were expecting a loss of $5.00 per share and revenue of $253 million.Read the full list here.— Brian Evans
Stock Futures Open with Minimal Changes
Stock futures showed minimal changes on Monday. This followed the pullback of both the S&P 500 and Nasdaq Composite from their respective highs. S&P 500 futures ticked down by 0.03%, while Nasdaq 100 futures lost 0.01%. Futures tied to the Dow Jones Industrial Average remained near the flatline.— Brian Evans