US futures attached to the major gauges saw modest gains Wednesday evening as investors processed Nvidia’s latest earnings report. Nvidia's (NVDA) eagerly awaited earnings report led to a 4% pop in the company's stock before shares flatlined after the bell.

Nvidia options pricing on Wednesday afternoon suggested traders expect shares to move roughly $10, or about 8%, in either direction around Wednesday’s earnings, which would be the stock's biggest post-earnings move since May.