Tech-led premarket rally as Micron beats elevate AI bets; Qualcomm eyes data-center growth
TL;DR Summary
Tech stocks jump in premarket trading as Micron’s strong earnings calm AI jitters. Nasdaq-100 futures rise about 2.2%, S&P 500 futures up ~0.8%, and Dow futures inch higher (~0.1%) as Qualcomm’s AI-expansion plans add to sentiment. Investors await the Federal Reserve’s preferred inflation gauge, the PCE price index, which could shape expectations for rate moves.
- Stock market today: Dow, S&P 500, Nasdaq futures rise as Micron, Qualcomm ease AI jitters Yahoo Finance
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- SK Hynix, Micron Solidify Memory Chips as Runaway Stars of AI Bloomberg
- 📈 Earnings Snippet: Micron’s Booming Revenue WSJ
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