S&P 500 Futures Flat Amid Oil Rise and Fed Decision
Published on · Source: cnbc.com
AI Summary
Summarized by AI from the source belowS&P 500 futures were unchanged while oil prices rose due to a U.S. naval blockade on Iran. In premarket trading, Starbucks (SBUX) increased by 4% after raising its full-year outlook. Seagate Technology (STX) and NXP Semiconductors (NXPI) saw increases of over 18% and 19%, respectively, after strong earnings results. Conversely, shares of Robinhood (HOOD) fell 10% as their first-quarter results missed expectations. The market anticipates earnings reports from Alphabet (GOOGL), Amazon (AMZN), Meta Platforms (META), and Microsoft (MSFT) following the close on Wednesday.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
About Amazon.com Inc. (AMZN)
Amazon is the largest U.S. e-commerce retailer and, through Amazon Web Services (AWS), the leading cloud-infrastructure provider, with growing advertising and logistics arms.
The Consumer Discretionary sector covers retailers, automakers and leisure companies whose sales rise and fall with consumer confidence.
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