U.S. stock futures are mixed this morning as investors cautiously await key economic data on growth and inflation. The market is largely focused on major corporate earnings and their potential impact on the technology sector.
Stocks to Watch:
- NVIDIA Corporation: Set to report highly anticipated earnings after today's market close, a result seen as crucial for the AI sector.
- Zoom Video Communications, Inc.: Stock fell in after-hours trading due to a lukewarm full-year forecast, despite beating quarterly estimates.
- Advanced Micro Devices, Inc.: Shares jumped nearly 5% yesterday after receiving a "Strong Buy" upgrade and a price target increase from Raymond James.
- DICK'S Sporting Goods, Inc.: Tumbled almost 28% yesterday after cutting its annual forecast due to weak sales, signaling potential consumer weakness.
Looking ahead, traders will monitor the 8:30 AM ET economic releases, but market direction will likely be determined by NVIDIA Corporation's results after the closing bell.