U.S. stock futures are mixed this morning as markets weigh positive global signals against fading hopes for near-term rate cuts. With no major economic data scheduled for release, corporate news and individual stock performance will be the primary drivers for today's session.
Stocks to Watch: - Axon Enterprise, Inc.: Shares surged over 17% in pre-market trading following a strong Q4 earnings report and optimistic forward guidance. - Coinbase Global, Inc.: Trading up more than 13% pre-market, benefiting from positive sentiment in the cryptocurrency market. - Salesforce, Inc.: Stock fell over 5% after hours despite an earnings beat, weighed down by a weaker-than-expected full-year revenue outlook. - NVIDIA Corporation: Continuing to see positive sentiment after beating Q4 estimates and providing strong Q1 revenue guidance, bolstering optimism in the AI sector. - Autodesk, Inc. & Block, Inc.: Both companies are scheduled to report earnings today, with results poised to offer key insights into the software and fintech sectors.
Looking ahead, traders will be closely monitoring individual company earnings reports and pre-market momentum to determine the market's direction.