--- title: "Pre-market news summary for US stocks" description: "U.S. stock index futures are all up, while European stock markets are mixed. Morgan Stanley expects global artificial intelligence spending to approach $3 trillion by 2028. Ericsson has signed a $3 bi" type: "news" locale: "en" url: "https://longbridge.com/en/news/261265315.md" published_at: "2025-10-15T12:41:02.000Z" --- # Pre-market news summary for US stocks > U.S. stock index futures are all up, while European stock markets are mixed. Morgan Stanley expects global artificial intelligence spending to approach $3 trillion by 2028. Ericsson has signed a $3 billion cooperation agreement with the Canadian Trade Commissioner Service. The global promotion targets for electric vehicles are slowing down. ASML and Taiwan Semiconductor's stock prices have risen, both reaching all-time highs. Bank of America's Q3 performance exceeded expectations, leading to a rise in its stock price. Gold stocks in the U.S. stock market are generally up ① U.S. stock index futures all rose: Dow futures rose 0.53%, S&P 500 futures rose 0.74%, and Nasdaq futures rose 0.97%. ② European stock market indices were mixed: Germany's DAX30 rose 0.02%, France's CAC40 surged 2.37%, Europe's Stoxx 50 fell 0.33%, and the UK's FTSE 100 fell 0.34%. ③ Morgan Stanley stated that the artificial intelligence investment cycle has just begun, expecting global related spending to approach $3 trillion by 2028. The report noted that hyperscale cloud providers are the main drivers. It is estimated that AI software revenue could reach $1.1 trillion by 2028, indicating considerable potential for capital returns. Additionally, U.S. Treasury Secretary Janet Yellen mentioned that artificial intelligence will have a positive effect on productivity starting in Q1 or Q2 of 2026. ④ Swedish telecom giant Ericsson announced on Wednesday that it has signed a strategic cooperation agreement worth $3 billion with the Canadian Trade Commissioner Service to accelerate the research and development of key technologies such as artificial intelligence and mobile networks. ⑤ The global electric vehicle downturn is spreading, with the U.S., Europe, and Canada all slowing down their promotion targets. Canadian Prime Minister Justin Trudeau announced a pause on the mandatory electric vehicle sales order originally set to take effect next year; UK Prime Minister Keir Starmer relaxed the timeline for electric vehicle penetration targets; the EU, under pressure from automakers, has initiated the evaluation process for the 2035 "ban on combustion engines" a year early. ⑥ ASML's pre-market stock price rose over 4% after announcing Q3 orders reached €5.4 billion, exceeding the expected €4.9 billion, with EUV lithography machine orders hitting a nearly seven-quarter high. The company expects sales in 2026 to be no less than in 2025 and reiterated its revenue target of €60 billion by 2030. ⑦ TSMC's U.S. stock pre-market rose over 4.5%, opening on track to set a historical high; the market expects Q3 net profit to grow 26% year-on-year, setting a new record. ⑧ Bank of America rose over 5% in pre-market trading. The company's Q3 performance exceeded expectations, with investment banking revenue soaring 43% to $2.05 billion, driven by a rebound in merger and acquisition activities, where advisory fees grew 51% to $583 million, and underwriting revenue for stocks and bonds increased by 34% and 42%, respectively. ⑨ U.S. gold stocks rose broadly in pre-market trading, with Harmony Gold up nearly 5%, Kinross Gold up 4.5%, Coeur Mining up nearly 4%, and Pan American Silver and Kinross Gold both up over 2% ### Related Stocks - [BAC.US - Bank of America](https://longbridge.com/en/quote/BAC.US.md) - [ERIC.US - Ericsson](https://longbridge.com/en/quote/ERIC.US.md) - [TSM.US - Taiwan Semiconductor](https://longbridge.com/en/quote/TSM.US.md) - [ASML.US - ASML](https://longbridge.com/en/quote/ASML.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Ericsson to Invest Over $730,000 in Wireless Infrastructure in Collaboration With University of Toronto | 10:13 AM EST, 02/18/2026 (MT Newswires) -- Ericsson (ERIC) said Wednesday it plans to invest 1 million Canadian dollars | [Link](https://longbridge.com/en/news/276245966.md) | | February Fund Manager Survey: Near Record Euphoria, Record CapEx Revulsion | Last month's Fund Manager Survey by Bank of America foundthat not only were investors the most bullish since July 2021, | [Link](https://longbridge.com/en/news/276229246.md) | | ZAWYA-PRESSR: Ericsson and Specialized by stc sign MoU to advance mission‑critical connectivity for public safety and first responders | Ericsson and specialized by stc have signed a Memorandum of Understanding (MoU) to enhance mission-critical communicatio | [Link](https://longbridge.com/en/news/275852661.md) | | Ericsson sues Acer over 4G, 5G wireless patent licensing | Ericsson has filed a lawsuit against Acer in Delaware federal court, claiming that Acer has violated its obligation to l | [Link](https://longbridge.com/en/news/276255647.md) | | Syon Capital LLC Raises Holdings in Bank of America Corporation $BAC | Syon Capital LLC increased its stake in Bank of America Corporation (NYSE:BAC) by 13.2% in Q3, owning 90,258 shares valu | [Link](https://longbridge.com/en/news/276238045.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.