U.S. stock futures are pointing to a slightly higher open, buoyed by signs of easing inflation and a dip in Treasury yields. Overall market sentiment is cautiously optimistic as traders await key corporate earnings.
Stocks to Watch:
- Ubiquiti Inc. is trading up over 14% in the pre-market after reporting strong results.
- AppLovin Corporation has gained over 13% following positive analyst upgrades.
- Amazon.com, Inc. and Alphabet Inc. are in focus after both companies signaled significant future spending, which has put pressure on their stocks despite strong revenues.
- The Coca-Cola Company and Robinhood Markets, Inc. are scheduled to report their Q4 earnings after the market closes today.
Looking ahead, investors will be closely monitoring today's earnings reports for fresh insights into corporate performance and the economic outlook.