5 Things to Know Before the Stock Market Opens
Global markets are showing modest gains early Thursday as investors weigh corporate earnings, economic data, and policy updates. Futures for major indexes are slightly positive, with renewed attention on technology and energy shares. Here are five key developments to watch before markets open:
1. Stock Futures Edge Higher as Investors Regain Confidence
U.S. stock futures are ticking upward, extending Wednesday’s recovery after a mixed week for tech and industrials. Futures tied to the S&P 500 and Nasdaq 100 show small gains, reflecting optimism that recent volatility in AI-related stocks could stabilize. Treasury yields are easing slightly, while gold prices remain strong near record levels, signaling that investors continue to balance risk and safety.
2. Tesla Shareholder Vote Puts Musk’s Leadership in Focus
Tesla investors are preparing for a major vote that will shape the company’s leadership and long-term direction. The decision centers on CEO Elon Musk’s compensation plan and his role in advancing Tesla’s next generation of robotics, battery systems, and autonomous vehicles. The vote results are expected later today, and the outcome could influence investor sentiment across the broader tech sector.
3. Airline Stocks Dip as Travel Adjustments Begin
Airline shares are trending lower after government officials announced temporary flight schedule adjustments due to staffing and operational challenges. Major carriers such as Delta, United, and American Airlines saw small premarket declines as the aviation industry faces pressure from reduced air traffic and rising operational costs. Industry groups say the move is meant to ensure safety and reliability while managing workforce shortages.
4. Snap Surges on Strong Results and New AI Integration
Social media company Snap is gaining momentum after reporting stronger-than-expected quarterly results. The company posted solid user growth, improving ad revenue, and announced new AI-powered features aimed at enhancing its search and discovery tools. The update has boosted investor optimism that Snap is regaining competitiveness in the digital advertising space. Shares jumped sharply in premarket trading.
5. DoorDash Slips After Earnings Miss and Soft Guidance
Food delivery giant DoorDash saw its shares fall in early trading after reporting quarterly earnings below expectations. While overall orders and revenue grew, profit margins narrowed due to higher delivery costs and promotional spending. The company issued a cautious outlook for the next quarter, signaling that growth may slow as consumer spending patterns adjust heading into the holiday season.
