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Futures down: Dow 0.34%, S&P 500 0.67%, Nasdaq 1.05%

Feb 5 (Reuters) - U.S. stock index futures dipped on

Wednesday, with the Nasdaq particularly impacted as shares of

Alphabet and AMD fell following subdued forecasts, while

negative earnings reactions in other sectors compounded losses.

Google-parent Alphabet dropped 7.5% in premarket

trading after posting a deceleration in cloud revenue growth,

missing analysts' expectations.

The company also said it would spend $75 billion on its AI

buildout this year, 29% higher than Wall Street expected.

Advanced Micro Devices ( AMD ) lost 8.2% after Chief

Executive Lisa Su said the company's data center sales - a proxy

for its AI revenue - in the current quarter would be down about

7% from the just-ended quarter.

Meanwhile, Apple ( AAPL ) shed 2.5% after Bloomberg News

reported that China's antitrust regulator was preparing for a

possible investigation of the iPhone maker.

Entertainment giant Walt Disney ( DIS ), ride-hailing

platform Uber ( UBER ) and global grains merchant Bunge

are among prominent companies scheduled to report earnings

before markets open.

At 04:49 a.m. ET, Dow E-minis were down 153 points,

or 0.34%, S&P 500 E-minis were down 40.5 points, or

0.67%, and Nasdaq 100 E-minis were down 227.5 points, or

1.05%.

All three major Wall Street indexes closed higher on

Tuesday, with energy shares outperforming, while an

earnings-driven move in Palantir ( PLTR ) spurred gains in

technology shares.

A January private payrolls reading is due at 8:15 a.m. ET,

while a survey on U.S. services activity for the month is due

shortly after the open.

The all-important January nonfarm payrolls report is

expected to be released on Friday.

Markets also looked for developments on the tariffs front.

U.S. President Donald Trump said on Tuesday that he was in no

hurry to speak to Chinese President Xi Jinping to try to defuse

a new trade war between the countries, sparked by sweeping 10%

U.S. tariffs on all Chinese imports.

Many analysts have noted that Trump's tariffs could raise

domestic inflation, with markets continuing to price in fewer

interest-rate cuts by the U.S. Federal Reserve this year.

However, markets appeared to shrug off Trump's controversial

statement that the United States would take over war-ravaged

Gaza and create a "Riviera of the Middle East" after resettling

Palestinians elsewhere.

Fed Vice Chair Philip Jefferson as well as San Francisco Fed

President Mary Daly commented on Tuesday, reiterating the

central bank's message that policymakers needn't rush into their

next rate cut.

Comments from four Fed heads including Richmond Fed

President Thomas Barkin will be on the radar through the day.

In other moves, FMC Corp ( FMC ) plunged 20.7% after the

agrichemicals producer forecast first-quarter revenue below

estimates.

Chipotle Mexican Grill ( CMG ) slid 6.8% after the burrito

maker forecast tepid annual comparable sales growth and said

that if Trump's proposed tariffs against Mexico went into full

effect, the company would take a roughly 60-basis-point impact

on its raw material costs this year.

Tinder-parent Match Group ( MTCH ) tumbled 8.9% after it

forecast annual revenue below Wall Street estimates.