S&P 500 futures remain flat as traders await tech earnings and Fed decision
Updated
Updated · CNBC · Apr 28
S&P 500 futures remain flat as traders await tech earnings and Fed decision
7 articles · Updated · CNBC · Apr 28
S&P 500 futures gained 0.1%, Nasdaq 100 futures rose 0.2%, and Dow futures advanced 63 points Tuesday night.
Starbucks surged 5% after raising its outlook, while Robinhood fell 9% on disappointing results. Seagate Technology and NXP Semiconductors both jumped 16% following strong earnings and guidance.
Markets retreated earlier amid tech losses linked to OpenAI's missed targets. Investors anticipate earnings from Alphabet, Amazon, Meta, and Microsoft, and await the final Fed meeting under Jerome Powell, with no rate change expected.
Is Big Tech's $670 billion AI gamble fueling innovation or just the next economic bubble?
Is the report on OpenAI's missed targets a warning sign that the AI gold rush is slowing down?
How is the AI boom's 'RAMageddon' secretly raising prices on everyday consumer electronics?
AI will reshape 55% of US jobs. Are we headed for a productivity boom or a displacement crisis?
A new Fed chair wants 'regime change.' Does this signal an end to high interest rates?
What is the hidden environmental cost of building the massive data centers powering the AI revolution?