Nasdaq, S&P 500, Dow futures edge higher, brushing off fresh US-Iran clashes as earnings take center stage: TSLA, NOW, GOOGL, NOK in focus
Complete. Here is the key summaryU.S. stock futures edged higher as investors focused on Big Tech earnings, particularly regarding AI investment impacts, while overlooking escalating U.S.-Iran tensions. Geopolitical conflicts drove oil prices above $95/barrel and raised supply concerns. Key earnings included Alphabet's decline due to high capex, Tesla's profit miss, and IBM's trimmed outlook. Markets await results from Microsoft, Meta, and Amazon for further AI growth cues.
・Alphabet’s shares declined amid a higher full-year capex outlook, while Tesla missed profit estimates and IBM trimmed its annual sales outlook. ・Meanwhile, conflict in the Middle East continued to escalate, dampening hopes for U.S.-Iran peace talks and fueling concerns about energy flow through the Strait of Hormuz. ・Oil prices climbed higher, wit...