U.S. markets are pointing towards a slightly higher open, with index futures showing modest gains in pre-market trading. With no major economic data releases scheduled, investor focus is shifting towards individual company performance.
Stocks to Watch
- Advanced Micro Devices: Shares jumped 18% after Q1 revenue surged 38%, driven by a 57% increase in data center sales that beat estimates.
- NVIDIA Corporation: The stock rose over 5% to reach a $5 trillion market cap, lifted by the strong AI chip demand indicated in Advanced Micro Devices' report.
- Vistra Corp.: Reported a strong first quarter with a GAAP Net Income of $1.029 billion and reaffirmed its full-year 2026 guidance.
- Snap Inc.: Set to report earnings after the market closes today, with investors focusing on user growth and advertising revenue.
- Caterpillar Inc.: The stock gained 1.87% in overnight trading following a strong session.
Looking ahead, all eyes will be on Snap Inc.'s earnings report this afternoon for insights into the social media advertising landscape.