U.S. stock futures are mixed this morning following a sell-off in large-cap technology stocks driven by new AI developments. Investor sentiment is also being shaped by comments from Federal Reserve officials signaling that interest rate cuts are not imminent.
Stocks to Watch
- Eli Lilly and Company: Reports quarterly earnings before the market opens today, with analysts watching for potential impacts on the pharmaceutical sector.
- Alphabet Inc.: Set to release its earnings report after the market closes, with investor focus on its cloud, advertising, and AI business segments.
- Advanced Micro Devices, Inc.: Shares fell in after-hours trading despite beating earnings expectations, as results were impacted by a one-time gain.
- The Walt Disney Company: Stock declined after its earnings release as investors focused on softer international park demand and near-term costs.
Looking ahead, today's key earnings reports from the technology and pharmaceutical sectors will be critical in setting near-term market direction.