U.S. stock futures are pointing to a higher open this morning, with European markets also showing gains. Investor focus is shifting towards key inflation and jobs data due later this week, along with commentary from Federal Reserve officials.
Stocks to Watch
- EchoStar Corporation: Shares are up over 4% in pre-market trading on news related to a potential SpaceX initial public offering.
- iRobot Corporation: The stock has fallen sharply by 80% following reports of a potential bankruptcy filing.
- Oracle Corporation: Shares declined last week after the company reported mixed earnings and announced increased capital expenditure for AI, raising spending concerns.
- Broadcom Inc.: The stock fell last week despite strong earnings, as investors worried about the impact of AI chip sales on profitability.
- Lululemon Athletica inc.: Shares surged after announcing strong earnings results and the planned departure of its CEO in January 2026.
- Seagate Technology Holdings plc: Forecasted to be a top addition to the Nasdaq-100 index, a move which could drive significant institutional buying.
Looking ahead, the market's direction will likely be influenced by the delayed November jobs report and consumer price index (CPI) data, as well as remarks from Federal Reserve speakers scheduled for later this week.