Breaking news in the pre-market U.S. stock market
1. The three major US stock index futures rose together: Dow futures rose by 0.11%, S&P 500 futures rose by 0.15%, and Nasdaq futures rose by 0.23%.
2. European stock market indices were mixed: Germany's DAX30 rose by 0.14%, France's CAC40 fell by 0.60%, Europe's Stoxx 50 fell by 0.32%, and the UK's FTSE 100 fell by 0.08%.
3. The S&P 500 index has not seen a single-day drop of 2% for 107 consecutive trading days, marking the longest period of stability in over a year, with a cumulative rise of 34% and a market value increase of nearly $16 trillion.
4. Three Federal Reserve officials support changing the fixed 2% inflation target to a range system, sparking speculation about the Fed's future policy adjustments in the market.
5. Traders are reducing bets on future rate cuts in the coming months due to increasing divisions within the Federal Reserve. Options tied to overnight financing rates suggest a possible further 25 basis point rate cut by 2025.
6. OpenAI plans to invest approximately $40 billion to collaborate with Oracle and SoftBank in the US to develop 5 new data center sites with a total power generation capacity of 7GW, advancing the "Stargate" project.
7. Boeing will collaborate with Palantir to introduce AI into the defense and aerospace manufacturing sectors, using Palantir's Foundry platform to standardize data analysis and insights in factories producing fighter jets, helicopters, missiles, and satellites.
8. Alibaba's pre-market stock price surged nearly 9% due to optimism about AI, following the release of the largest and most powerful model to date, Qwen3-Max. After four years, investment fund under "Wood Sister" Cathie Wood resumed buying approximately $16.3 million in ADR.
9. Micron Technology's first-quarter revenue for the 2026 fiscal year is expected to be around $12.5 billion, exceeding analysts' previous average expectations of $11.9 billion. Earnings per share are estimated at around $3.75, surpassing the expected $3.05.
Latest