U.S. futures are mixed in pre-market trading, with technology shares showing weakness while Dow futures point to a higher open. This follows a mixed session in global markets, highlighted by a significant drop in Brent crude oil prices below $100 a barrel.
Stocks to Watch
- QUALCOMM Incorporated: Shares fell about 9% in premarket trading after the company's smartphone chip sales missed expectations.
- Fidelity National Information Services, Inc.: The stock dropped over 23% yesterday after lowering its profit growth outlook.
- ConocoPhillips: The company is in focus after reporting strong third-quarter earnings and announcing an 11% dividend increase.
- Other companies active in premarket trading include Micron Technology, Inc., Tesla, Inc., Apple Inc., Microsoft Corporation, AppLovin Corporation, NVIDIA Corporation, and Iris Energy Limited.
With no major U.S. economic data scheduled for today, market focus will remain on individual company performance, including the upcoming earnings report from Airbnb, Inc. after the close.