S&P 500 futures were 0.4% higher as of 7:52 a.m. Futures climbed on Wednesday as the latest batch of earnings pointed to strong demand for, and spending on, artificial intelligence. Key points and original sources are listed below.

• S&P 500 futures were 0.4% higher as of 7:52 a.m. in New York, while Nasdaq 100 contracts were little changed.S1

• Futures climbed on Wednesday as the latest batch of earnings pointed to strong demand for, and spending on, artificial intelligence. SpaceX reported higher-than-expected AI-related outlays, which overshadowed results that broadly beat forecasts, while Nvidia C...S2