US stock futures increased following a tech-led rally, with the Nasdaq advancing while the Dow Jones fell in the previous session. The Federal Reserve is almost certain to keep interest rates unchanged in June, according to CME Group's FedWatch tool. Key stocks like Box Inc. and United Microelectronics showed mixed performance, while Braiin dropped sharply after a big contract announcement. Analysts highlight a shift in the fixed income market driven by AI, favoring income investors amid rising corporate bond issuance.
Box reported better-than-expected Q1 results and raised its full-year revenue growth guidance to 9% year-over-year, signaling strong sales momentum. The company expects a pro forma EPS of $1.56 and a 28% operating margin for fiscal year 2027. Despite...
US stock futures increased following a Memorial Day break, supported by defensive US strikes on Iranian missile sites and optimism over AI-driven earnings growth. Key stocks like Elbit Systems and Intuitive Machines saw notable gains due to new contr...
This week, investors focus on key economic data including Core PCE inflation and GDP figures, which will influence Federal Reserve rate expectations and Treasury yields. Fed officials' speeches may further sway market views on monetary policy. Earnin...
