Stock Futures

Stock futures point lower amid a busy week of economic data and earnings. Investors eye the Federal Reserve, with Chair Powell under investigation. JPMorgan Chase faces leadership transition questions as earnings season begins. Retail giants Walmart and Google partner on AI for shopping. Boeing aims to boost production, while the aviation sector sees consolidation. The oral GLP-1 therapy market for obesity is set for growth, offering convenient alternatives. Key economic indicators like CPI and PPI, along with major bank earnings, are also on the horizon.

Stock futures are lower as investors await key news. Geopolitical shifts include Venezuela’s oil supply to the US and a potential US interest in Greenland, prompting Danish rearmament. Minneapolis faces tension due to an ICE shooting amid federal operations. Ford plans an “eyes-off” driving system for a $30,000 EV in 2028. Alphabet has now surpassed Apple in market capitalization.

Stock futures traded cautiously as markets processed geopolitical developments from Venezuela, evolving monetary policy signals from the Fed, and significant technological shifts. Investors are watching for inflation trends and AI’s dual impact on productivity and hiring. The automotive sector shows divergence, with GM and Lucid reporting sales growth while Stellantis navigates a decline, and EV makers face scaling challenges. Nvidia is aggressively entering the autonomous vehicle market with robotaxi tests. JPMorgan Chase is launching exclusive client advisory services, and San Jose’s mayor opposes a proposed “billionaires tax.”