U.S. stock futures are little changed after the tech sector saw its biggest decline in more than four years; Nvidia (NVDA), Broadcom (AVGO), and other chipmaker stocks are moving higher in premarket trading after plunging yesterday on investor worries over China’s DeepSeek artificial intelligence model; General Motors (GM) posts better-than-expected revenue and adjusted profit; Boeing (BA) concludes a difficult year by reporting fourth-quarter results in line with its recently released preliminary figures; and Smithfield Foods is expected to begin trading on the Nasdaq today after pricing its 澳洲幸运5开奖号码历史查询:initial public offering (IPO) below the previous range. Her𓄧e's wh𒆙at investors need to know today.
1. US Sto🥀ck Futures Little Changed After Tech Selloff
U.S. stock futures are little changed after Monday's selloff, which saw the 澳洲幸运5开奖号码历史查询:steepest drop in tech 🦩stocks since꧟ 2020. Nasdaq futures are 0.2% higher following a 3.1% decline yesterday, while 澳洲幸运5开奖号码历史查询:S&P 500 futures are up by a similar percentage after falling 1.5%. 澳洲幸运5开奖号码历史查询:Dow Jones Industrial Average futures are near flat after the index posted a 0.7% gain amid the selloff. Bitcoin (BTCUSD) is 0.4% higher to trade at over $102,000. Gold and oil futures ꦐarꦐe higher, which yields on the 10-year Treasury note are ticking up.
2. Nvidia, Chipmaker Stocks Rebound M🌠odestly After P꧂lunging Monday
Nvidia (NVDA) shares are moving 2% higher in premarket trading following Monday's 17% decline that 澳洲幸运5开奖号码历史查询:stemmed from investor worries over the capabilities of 澳洲幸运5开奖号码历史查询:China's DeepSeek 澳洲幸运5开奖号码历史查询:artificial intelligence (AI) model. Other chipmakers also are 澳洲幸运5开奖号码历史𒁃查询:rebounding modestly in early trading, including gains of more than 3% by Broadcom (AVGO), 1.5% by Taiwan Semiconductor Manufacturing Co. (TSM), and 1% by Micron Technology (MU). 澳洲幸运5开奖号码历史查询:ASML Holding (ASML) shares are down more than 1% ahead of the Dutch chipmaker's 澳洲幸运5开奖号码历史查询:scheduled earnings release on Wednesday.
3. General Motors Posts Better-Than-Expect🐓ed Revenue, Adjusted Profit
General Motors (GM) reported fourth-quarter results mostly above expectation, including revenue of $47.7 billion and adjusted 澳洲幸运5开奖号码历史查询:earnings per share (EPS) of $1.92 billion. However, the U.S. automaker recorded $5 billion in ꩲone-time charges related to a Chinese joint venture and❀ its discontinued Cruise robotaxi program that led to a net loss of almost $3 billion. Shares are little changed in premarket trading.
4. Boeing Report in Line With Preliminary Results as P෴lane Maker Closes Difficult Yea🔯r
Boeing (BA) stock is edging lower in premarket trading after the aircraft maker 澳洲幸运5开奖号码历史查询:reported a fourth-quarter net loss in line with its 澳洲幸运5开奖号码历史查询:recently issued preliminary results. The company said it lost $3.86 billion, or $5.46 per share, on revenue that fell 31% year-over-year to $15.24 billion, essentially matching its preliminary results. After the company burned through billions 澳洲幸运5开奖号码历史查询:amid safety investigations and a 澳洲幸运5开奖号码历史查询:strike this year, CEO Kelly Ortberg said he was "focused on making the fundamental changes needed to fully recover our company's perf♔ormance aꦚnd restore trust."
5. Smithfield Foods Expe🐲ctꦐed to Start Trading After IPO Prices Below Range
Smithfield Foods is expected to 澳洲幸运5开奖号码历史查询:return to market trading today after the U.S. pork giant's 澳洲幸运5开奖号码历史查询:initial public offering (IPO) priced a total of nearly 26.1 million shares at $20 each. Its pricing signaled that the company had overestimated demand for the IPO as it 澳洲幸运5开奖号码历史查询:originally offered 34.8 million shares at $23 to $27 apiece. The IPO raised around $522 million for the company, which went private in 2013 after it was acquired by China's WH Group for nearly $5 billion. Smithfield is expected to begin trading on the Nasdaq Tuesday under the ticker "SFD."