(For a Reuters live blog on U.S., UK and European stock

markets, click or type LIVE/ in a news window.)

*

Futures: Dow down 0.06%, S&P 500 up 0.1%, Nasdaq up 0.3%

*

September jobs report expected on Thursday

*

Quantum Computing ( QUBT ) rises on higher Q3 revenue

(Updates prices)

By Shashwat Chauhan and Twesha Dikshit

Nov 17 (Reuters) - Futures for the S&P 500 and the

Nasdaq ticked up on Monday, kicking off a packed week that

includes AI giant Nvidia's ( NVDA ) earnings and a resumption of

government data releases, while Alphabet jumped after Berkshire

Hathaway ( BRK/A ) disclosed a stake in the company.

Google-parent Alphabet gained 4.3% in premarket

trading after Berkshire Hathaway ( BRK/A ) revealed a new $4.3

billion stake in the company and further reduced its stake in

Apple ( AAPL ).

Apple ( AAPL ) shares, down 0.8%, lagged most megacap and growth

stocks.

Nvidia's ( NVDA ) shares dropped 0.8% ahead of its quarterly

earnings after markets close on Wednesday. The company has been

the pacesetter for AI-related stocks that have propped up

several tech names in this year's Wall Street rally.

"With concerns about AI valuations persisting, Nvidia's ( NVDA ) Q3

results will act as a crucial bellwether for the sector," Raffi

Boyadjian, lead market analyst at XM wrote in a note.

At 07:05 a.m. ET, Dow E-minis were down 28 points,

or 0.06%, S&P 500 E-minis were up 6.25 points, or 0.09%,

and Nasdaq 100 E-minis were up 59 points, or 0.24%.

The quarterly earnings season will start to thin out this

week, though not before earnings from retail giants Walmart ( WMT )

, Home Depot ( HD ) and Target ( TGT ) through the week.

Of the 456 S&P 500 companies that have reported

earnings for the quarter, 82.7% topped profit estimates compared

with a long-term average of 67.2%, according to data compiled by

LSEG.

With the longest government shutdown in U.S. history

officially ending last week, key data releases from government

agencies are expected in the next few days.

The much-delayed September jobs report will also be released

on Thursday, but may do little more than confirm earlier private

market surveys showing a slowing labor market.

Traders currently see a more than 56% chance that the

Federal Reserve will hold its rate steady in December compared

with a near 94% chance of a 25-basis-point cut seen a month ago,

according to the CME FedWatch Tool.

On Monday, at least four Fed speakers including Governor

Christopher Waller and New York Fed President John Williams are

slated to speak throughout the day.

Minutes from the Fed's October meeting - where it cut rates

by an expected 25 basis points - are due on Wednesday.

U.S. stocks have run into turbulence of late as investors

fretted about the pace of rate cuts and elevated valuations of

heavyweight technology stocks that have been one of the key

drivers of markets this year.

The S&P 500 and the Dow clocked marginal weekly gains

on Friday, while the Nasdaq recorded a mild weekly fall.

Among other movers, shares of Clearwater Analytics ( CWAN )

rose 12% after reports private equity firms Warburg Pincus and

Permira were in talks to buy the investment and accounting

software maker.

E.W. Scripps jumped 20.3% after a Wall Street

Journal report said Sinclair built a roughly 8% stake in the

local broadcaster in a bid to acquire it.

Quantum Computing ( QUBT ) rose 17.1% after the photonics

and quantum optics tech provider reported higher third-quarter

revenue.