U.S. stock futures are pointing to a mixed open, with tech futures showing modest gains while the broader market is flat. A quiet economic calendar is shifting focus to individual company performance and overnight developments in global markets.
Stocks to Watch: * Micron Technology, Inc. surged 10% after strong Q1 earnings, with EPS of $4.78 beating by 82 cents, fueling AI sector optimism. * NIKE, Inc. shares fell 10.8% after reporting earnings revealed persistent weak sales in China, impacting the consumer discretionary sector. * Oracle Corporation rose 5% on news of leading a US joint venture to acquire TikTok's US operations with a 15% stake. * Conagra Brands, Inc. reported Q2 2026 net sales decreased 6.8% and a diluted loss of $1.39 per share, signaling challenges in consumer staples.
With no major economic releases scheduled, traders will be closely monitoring these key earnings movers and sector-specific news to gauge market direction.