S&P 500 futures jump 0.87% as market shrugs off Fed hawkishness
Plus: SpaceX acquires Cursor for $60B, MRNA surges on FDA news, and ACN earnings ahead.
S&P 500 futures are up 0.87% and Nasdaq 100 futures are up 1.32% as investors pivot toward resilient economic data. MRNA leads pre-market gainers at 11.55% following positive FDA briefing documents.
Top News
Market Outlook
Investors are looking past the Federal Reserve's hawkish dot plot to focus on resilient economic conditions (per Benzinga).
MRNA Moderna
FDA briefing documents for the mFlusiva flu vaccine showed no major deficiencies, easing regulatory concerns (per Investor's Business Daily).
GEV GE Vernova
Bernstein SocGen Group analyst Sunaina Ocalan initiated the stock with an Outperform rating (per The Motley Fool).
Hear today's briefing on YouTube →
Trending on X
QURE uniQure
The FDA indicated existing data for AMT-130 supports an accelerated approval pathway for Huntington's disease (per FXLeaders).
CLPT ClearPoint Neuro
Partner uniQure received positive FDA feedback on AMT-130 trial data, validating the company's role in gene therapies (per Investing.com).
HOOD Robinhood
Shares are rallying 8.78% in pre-market trading.
AMAT Applied Materials
Citi raised its price target citing AI-driven demand for wafer-fab equipment and memory tightness (per Invezz).
TE T1 Energy
Shares are up 4.75% in early session activity.
AI Economy
SpaceX
SpaceX filed an 8-K confirming the $60B all-stock acquisition of AI coding assistant Cursor (per SEC Filing).
Everpure
The company launched a new data management platform designed to eliminate silos and improve AI performance (per PR Newswire).
Smart Money
AMZN Amazon
Analysts are bullish on the stock due to its continued dominance in cloud infrastructure and e-commerce efficiency.
See all of today's top buys at fintwit.ai
AI Pick
NVDA NVIDIA
Strong Buy. NVIDIA is poised for continued growth driven by the AI revolution and strong demand in data centers and automotive markets. Target: $306.71.
On Deck
ACN Accenture earnings
Before market open, $3.70 EPS estimated.
KR Kroger earnings
Before market open, $1.59 EPS estimated.
Initial Jobless Claims
8:30 AM ET, consensus N/A.
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