Morning Movers: Equifax sinks following second quarter earnings
Stock futures are pointing higher as investors attempt to build on Monday's rebound, with technology shares leading premarket gains ahead of a stretch of earnings from some of the market's largest companies. The focus this week is on corporate earnings, with Alphabet, Tesla, IBM and Intel all set to report in the coming days. Investors are looking for signs that spending on artificial intelligence continues to translate into revenue growth and profitability after recent volatility in chip stocks raised questions about lofty valuations across the sector. Hopes for a potential ceasefire proposal between the United States and Iran have eased some pressure on oil prices, improving risk appetite, but Brent crude remains near $90 a barrel as uncertainty persists and renewed threats to shipping routes in the Middle East keep energy markets on edge. In pre-market trading, S&P 500 futures rose 0.40%, Nasdaq futures rose 1.36% and Dow futures rose 0.24%. Check out this morning's top movers from around Wall Street, compiled. HIGHER - Nebius (NBIS) up 6% after Nvidia (NVDA) disclosed a 9.3% stake in the company TSMC (TSM) up 3% after Nikkei Asia reported TSMC plans to raise chipmaking prices.
Stock futures are pointing higher as investors attempt to build on Monday's rebound, with technology shares leading premarket gains ahead of a stretch of earnings from some of the market's largest companies.
The focus this week is on corporate earnings, with Alphabet, Tesla, IBM and Intel all set to report in the coming days.
Investors are looking for signs that spending on artificial intelligence continues to translate into revenue growth and profitability after recent volatility in chip stocks raised questions about lofty valuations across the sector.
Hopes for a potential ceasefire proposal between the United States and Iran have eased some pressure on oil prices, improving risk appetite, but Brent crude remains near $90 a barrel as uncertainty persists and renewed threats to shipping routes in the Middle East keep energy markets on edge.
In pre-market trading, S&P 500 futures rose 0.40%, Nasdaq futures rose 1.36% and Dow futures rose 0.24%.
Check out this morning's top movers from around Wall Street, compiled.
HIGHER - Nebius (NBIS) up 6% after Nvidia (NVDA) disclosed a 9.3% stake in the company TSMC (TSM) up 3% after Nikkei Asia reported TSMC plans to raise chipmaking prices.