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Wall Street futures point to mixed open; Nasdaq slips 0.6% on AI weakness

Grade Abearish AI signal$NDX$SPX$DJI$QCOM$NVDA$MRVL$INTC$BRENT
US stock futures turned mixed as AI-related weakness pressured technology stocks, with Nasdaq futures falling 0.6% despite gains in Dow and S&P 500 futures. Qualcomm plunged 10.1% after reporting weaker-than-expected smartphone chip sales, while Nvidia fell 0.4%, Marvell declined 2.5%, and Intel dropped 1.7% in premarket trading. Continued weakness in chipmakers and AI-related stocks could intensify selling pressure across the technology sector and weigh on the Nasdaq.

Bullish strength: 25/100

  • Dow futures gained 0.7% and S&P 500 futures rose 0.15%, indicating resilience outside technology stocks.
  • Brent crude declined 1% to $93.50 per barrel, extending the previous session's 8.7% loss.

Bearish strength: 75/100

  • Nasdaq futures declined 0.6% amid continued weakness in AI and semiconductor stocks.
  • Qualcomm plunged 10.1% after reporting weaker-than-expected smartphone chip sales.
  • Nvidia fell 0.4%, Marvell declined 2.5%, and Intel dropped 1.7% in premarket trading.
  • Sluggish smartphone demand and declining Apple-related revenue pressured Qualcomm.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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