U.S. stock futures are mixed in pre-market trading, with technology shares showing weakness while the Dow remains slightly positive. With no major economic data scheduled, investor focus is shifting to individual company performance and the broader global market sentiment.
Stocks to Watch:
- Oracle Corporation: Shares dropped significantly in after-hours trading yesterday after the company issued a weak revenue outlook and cited increased spending on artificial intelligence.
- Broadcom Inc.: The semiconductor giant is scheduled to report its fourth-quarter earnings after the market closes today.
- Lululemon Athletica Inc.: The athletic apparel retailer will announce its third-quarter earnings results following today's closing bell.
- Costco Wholesale Corporation: The warehouse club is set to release its first-quarter earnings report after market close.
Looking ahead, today's session will be shaped by reactions to corporate news, with key earnings reports this evening providing further insight into the health of the technology and retail sectors.