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