US equity futures gained on Thursday after the earnings report by Micron Technology restored support for the artificial intelligence trade. Contracts for the Nasdaq 100 gained over 2% and those for the S&P 500 added 1%. Micron surged 17% premarket after beating earnings and sales expectations and estimating approximately a revenue of $50 billion in the quarter to August, above the expectations of $43.2 billion. Stability for the AI infrastructure sector was also supported by Micron unveiling 16 longer-term contracts. Also, Qualcomm jumped 15% after the chipmaker doubled its projection for non-handset revenue in the next thee years and announced a partnership with Meta. Softer inflationary risks also supported broader sectors as energy prices also continued fall and PCE price indices refrained from overshooting expectations, lifting the Dow to a record high of over 52,000. Banking shares gained as lenders will raise their dividends after passing the Federal Reserve’s stress test.

Octalas AI

الربح

الجميع يسارعون إلى خفض التكاليف. أما نحن، فنسرع نحو تحقيق الأرباح.

ابدأ البيع من خلال تقديم الخدمات

ابدأ الفترة التجريبية

مجانًا لمدة 14 يومًا · لا حاجة لبطاقة ائتمان