U.S. stock futures are pointing to a lower open this morning, following a mixed session in Asia and a slight downturn in European markets. Investor focus is shifting towards upcoming economic data and key corporate earnings reports.
Stocks to Watch * Applied GPU, Inc., Inhibrx, Inc., and Elpida Power, Inc. are among the top pre-market gainers, with shares up significantly. * Tesla, Inc. slipped despite strong Q1 results, as investors reacted to concerns over higher capital spending on AI infrastructure. * The Boeing Company rose 5.5% after reporting Q1 revenue and a core loss per share that both exceeded analyst expectations. * Dow Inc. jumped 2.3% in pre-market trading after its Q1 earnings and sales figures beat estimates. * Intel Corporation is set to report earnings after the close, a crucial event for the semiconductor sector.
Looking ahead, traders will be monitoring the release of U.S. jobless claims and Flash PMI data from the U.S., Eurozone, and the U.K. for further market direction.