U.S. stock futures are pointing higher as investors look for a market recovery following last week’s declines. Futures are 0.7% higher after the blue-chip index posted its worst week since October. S&P and Nasdaq futures are both roughly 0.5% higher.
📊Nifty closes flat after declining for 5 sessions
Here's how the market panned out today! #Nifty #StockMarket pic.twitter.com/DRcjZlSHtl
— ET NOW (@ETNOWlive) February 25, 2025
Investors are closely monitoring earnings from Nvidia and January inflation data. Bitcoin is down slightly, trading under $96,000. Yields on the 10-year Treasury note and gold futures are slightly higher, while oil futures remain relatively unchanged.
Sensex Today, Stock Market LIVE Feb 25: Sensex gains 200 points, Nifty below 22600; IT, Metal, PSU Bank, Realty dragshttps://t.co/FkRwlu1UKi
— ET NOW (@ETNOWlive) February 25, 2025
Apple has announced plans to invest $500 billion in the U.S. over the next four years. The investment includes the construction of a new factory in Texas for server production supporting Apple Intelligence.
The stock market, and life, can feel unfair, but I promise you that all your frustrations, losses & outright failures happen to make you wiser/stronger/more successful over time. You must confront any injustice with positivity/understanding because eventually your day will come!
— Timothy Sykes (@timothysykes) February 23, 2025
Apple will also double its U.S. Advanced Manufacturing Fund, which includes a significant investment in TSMC’s Fab 21 facility in Arizona to produce advanced silicon.
Despite the announcement, Apple shares are down by less than 1% in premarket trading.
Futures rise amid investor optimism
Shares of Domino’s Pizza are down nearly 4% in premarket trading following the company’s report on same-store sales.
The pizza chain posted earnings per share of $4.89 on revenue of $1.44 billion, slightly missing analysts’ expectations of $4.87 EPS and revenue of $1.48 billion. U.S. same-store sales rose just 0.4%, below the 1.5% consensus, while international same-store sales grew by 2.7%, surpassing the anticipated 1.7% growth. According to TD Cowen, Microsoft is canceling leases for AI data center capacity in the U.S., raising concerns about the company’s future AI infrastructure needs.
The tech giant has voided leases totaling approximately “a couple of hundred megawatts” of capacity. Microsoft plans to redirect some international spending back to the U.S. Despite these revelations, Microsoft shares are relatively unchanged in premarket trading. Alibaba Group has revealed plans to invest $52 billion in AI and cloud infrastructure over the next three years.
The Chinese tech giant’s investment emphasizes its focus on AI-driven growth and its status as a leading global cloud provider. However, U.S.-listed shares of Alibaba are down 3% in premarket trading following the announcement. Despite this dip, Alibaba’s shares have surged nearly 90% over the past 12 months, buoyed by better-than-expected quarterly results reported last week.
Investors will be keeping a close watch on these developments as the trading day unfolds.