U.S. stock futures are pointing to a lower open this morning, following a downturn in global markets. Investor caution is growing due to escalating geopolitical tensions in the Middle East, which has pushed oil prices above $100 a barrel.
Stocks to Watch:
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Carnival Corporation & plc is set to release its Q1 2026 earnings today, providing insights into consumer travel demand and operating costs.
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Unity Software Inc. saw a significant premarket surge after announcing strong preliminary Q1 revenue guidance.
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Meta Platforms, Inc. shares declined after a court ruling found the company negligent in social media addiction lawsuits.
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Micron Technology, Inc. has fallen sharply over the past week on concerns that a new Google AI algorithm could reduce demand for its memory chips.
With a light economic calendar today, market direction will likely be driven by developments in the Middle East and their impact on oil prices.