U.S. stock futures are trading slightly lower this morning in a quiet session for economic data. Investor focus is shifting towards individual company news and key earnings reports due later today.
Stocks to Watch:
- GE Vernova jumped 10% in premarket trading after the company raised its financial outlook, doubled its dividend, and increased its share buyback program.
- Nvidia Corporation gained 1% premarket after receiving approval to export its H200 chip to China, a move that could add substantial revenue.
- Adobe Inc. will report its earnings after the market close, with analysts watching for performance in the software sector.
- Oracle Corporation is also set to announce its earnings after the bell, a key event for enterprise tech and AI sentiment.
Looking ahead, the after-hours earnings reports from Adobe Inc. and Oracle Corporation will be critical to monitor, likely influencing the technology sector's direction for the rest of the week.