Morning Movers: AT&T jumps, GE Vernova slips following reports
Stock futures are lower as investors adopt a cautious stance ahead of a round of Big Tech earnings, with results from Alphabet and Tesla due after the closing bell. Nasdaq futures are leading the declines, pressured by renewed weakness in semiconductor stocks, while Dow and S&P 500 futures are also modestly lower as traders await fresh catalysts. Alphabet and Tesla's reports are expected to provide the first major test of whether companies' heavy investments in artificial intelligence continue to generate meaningful returns. Investors will closely scrutinize Alphabet's AI monetization strategy and cloud growth, while Tesla faces questions surrounding vehicle demand, margins and its autonomous driving initiatives. Energy markets remain in focus as Brent crude climbed above $94 a barrel, reaching its highest level in roughly six weeks as escalating tensions in the Middle East raise concerns over potential supply disruptions. Reports that two Saudi oil tankers altered their routes in response to Houthi threats in the Red Sea have added to fears that higher energy prices could reignite inflation pressures and complicate the Federal Reserve's policy outlook. In pre-market trading, S&P.
Stock futures are lower as investors adopt a cautious stance ahead of a round of Big Tech earnings, with results from Alphabet and Tesla due after the closing bell.
Nasdaq futures are leading the declines, pressured by renewed weakness in semiconductor stocks, while Dow and S&P 500 futures are also modestly lower as traders await fresh catalysts.
Alphabet and Tesla's reports are expected to provide the first major test of whether companies' heavy investments in artificial intelligence continue to generate meaningful returns.
Investors will closely scrutinize Alphabet's AI monetization strategy and cloud growth, while Tesla faces questions surrounding vehicle demand, margins and its autonomous driving initiatives.
Energy markets remain in focus as Brent crude climbed above $94 a barrel, reaching its highest level in roughly six weeks as escalating tensions in the Middle East raise concerns over potential supply disruptions.
Reports that two Saudi oil tankers altered their routes in response to Houthi threats in the Red Sea have added to fears that higher energy prices could reignite inflation pressures and complicate the Federal Reserve's policy outlook.
In pre-market trading, S&P.