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Stock futures are modestly higher Friday as investors attempt to recover from Thursday's sharp technology-led selloff with Intel providing support after delivering stronger-than-expected earnings and an upbeat outlook. Technology remains the market's primary focus after Alphabet and Tesla sparked the biggest one-day decline in the S&P 500 and Nasdaq in about a month. Investors have grown increasingly concerned that soaring capital expenditures and cash burn tied to artificial intelligence may take longer to generate meaningful returns. Intel helped ease some of those concerns after beating quarterly expectations, forecasting stronger revenue and profit for the current quarter, and outlining plans to continue investing in AI and manufacturing capacity. Oil prices surged above $100 per barrel following renewed attacks on shipping linked to Iran-backed Houthi militants in the Red Sea, heightening fears of supply disruptions and adding to inflation concerns. Although crude has pulled back slightly from its overnight highs, it remains sharply higher for the week, contributing to a rise in Treasury yields. Trade policy is also back in focus after the Trump administration announced new.
Stock futures are modestly higher Friday as investors attempt to recover from Thursday's sharp technology-led selloff with Intel providing support after delivering stronger-than-expected earnings and an upbeat outlook.
Technology remains the market's primary focus after Alphabet and Tesla sparked the biggest one-day decline in the S&P 500 and Nasdaq in about a month.
Investors have grown increasingly concerned that soaring capital expenditures and cash burn tied to artificial intelligence may take longer to generate meaningful returns.
Intel helped ease some of those concerns after beating quarterly expectations, forecasting stronger revenue and profit for the current quarter, and outlining plans to continue investing in AI and manufacturing capacity.
Oil prices surged above $100 per barrel following renewed attacks on shipping linked to Iran-backed Houthi militants in the Red Sea, heightening fears of supply disruptions and adding to inflation concerns.
Although crude has pulled back slightly from its overnight highs, it remains sharply higher for the week, contributing to a rise in Treasury yields.
Trade policy is also back in focus after the Trump administration announced new.