Stock index futures rose as investors hoped U.S. tariffs would be less severe than feared. Tariffs may target specific sectors rather than being broadly applied, boosting market sentiment ahead of key economic data releases.
JPMorgan upgraded the stock to Neutral from Underweight with a price target of $45.
Rising more than +5% to lead gainers in the Nasdaq 100.
Advanced nearly +2%.
Rose over +3% and was the top percentage gainer on the Dow after securing a contract to design and build the U.S.'s next-generation stealth fighter jet.
Slumped more than -8% after offering a weak FQ3 adjusted gross margin forecast.
Slid over -6% after cutting its full-year guidance.
Slumped over -7% after a U.S. jury ordered the company to pay approximately $2.1 billion.
Utilized Chinese-made semiconductors to develop techniques for training AI models that could reduce costs by 20%.
Climbed over +4% after raising its car deliveries guidance.
Jumped over +10% after Bloomberg reported that Elliott Investment Management had built a sizeable stake in the real estate developer.
Soared over +18% after James Hardie Industries agreed to acquire the manufacturer of outdoor living products in a cash and stock deal valued at $8.75 billion.
Climbed more than +5% after lowering the price of its upcoming preferred stock offering.
Gained over +3% after Morgan Stanley initiated coverage with an Overweight rating and $82 price target.
Rose more than +3% after Guggenheim upgraded the stock to Buy from Neutral with a price target of $40.
Fell over -2% in pre-market trading after Goldman Sachs downgraded the stock to Sell from Neutral with a price target of $32.
This analysis highlights the critical business insights and market implications, emphasizing the interplay between macroeconomic factors, corporate performance, and investor sentiment in shaping global financial markets.