U.S. equity futures are pointing to a lower open this morning, driven primarily by weakness in the technology sector amid a broader risk-off sentiment. With the economic calendar clear, market focus is turning to individual company performance.
Stocks to Watch
- Applied Materials, Inc.: Climbed 4.5% in after-hours trading on a strong Q2 earnings report and raised Q3 guidance, signaling robust semiconductor demand.
- Cisco Systems, Inc.: Jumped 13.4% yesterday after beating earnings and increasing its AI infrastructure order book to $9 billion.
- NVIDIA Corporation: Rose 4% yesterday on reports of potential H200 AI chip sales to China, extending its market-leading rally.
Looking ahead, traders will be closely monitoring individual earnings surprises and any geopolitical headlines for market direction.