U.S. stock futures are modestly higher in pre-market trading, navigating overnight volatility from global tech and crypto markets. Investor attention now turns to individual company performance as no major U.S. economic data is scheduled for today.
Stocks to Watch:
- Synopsys, Inc.: Shares rose 4.9% after NVIDIA announced a $2 billion investment, signaling strong confidence in the semiconductor design software company.
- Moderna, Inc.: Stock fell 7% following reports of an FDA memo linking its COVID-19 vaccine to 10 child deaths.
- CrowdStrike Holdings, Inc.: Reports third-quarter earnings after the market closes today, with analysts anticipating strong results from the cybersecurity leader.
- Marvell Technology, Inc.: Is set to release its third-quarter earnings today, a key event for the semiconductor industry.
Looking ahead, the after-hours earnings reports from CrowdStrike Holdings, Inc. and Marvell Technology, Inc. will be closely monitored for insights into the health of the tech sector.