U.S. stock futures are pointing to a modestly higher open on a quiet day for major economic data. Global markets were mixed to flat overnight as investors assess corporate news and await new catalysts.
Stocks to Watch:
- Advanced Micro Devices jumped 20% in pre-market trading after its first-quarter revenue surged 38%, driven by a 57% increase in data center sales.
- Howmet Aerospace reported strong Q1 results, with revenue climbing 19% and adjusted earnings per share of $1.22, exceeding guidance.
- Microsoft Corporation is reportedly considering a delay to its 2030 green energy goal due to the soaring costs of AI data centers; shares are up slightly.
- Nutrien Ltd. is scheduled to report its first-quarter 2026 earnings after the market closes today, which could impact the agriculture sector.
Looking ahead, investors will be monitoring individual company performance, with the earnings report from Nutrien Ltd. being a key focus after the closing bell.