US stock index futures declined as the performance of a series of technology companies failed to meet high market expectations, and the escalation of hostilities in the Middle East pushed up oil prices, and investors widely withdrew from riskier assets. At 8:34 New York time, S&P 500 futures fell 0.9%, and Nasdaq 100 futures fell 1.6%, probably erasing most of the index's 2.2% increase this week, while Dow futures fell 0.6%. The performance outlook given by chip equipment manufacturer Fanlin Group was disappointing, driving its stock price down more than 8% before the market. Shares fell 3.7% after Tesla cut spending plans. The latest round of corporate earnings reports is being tested. At a time when the market is increasingly concerned that data center and computing power investments will take longer to generate returns, and financing costs continue to rise, corporate profits can continue to support AI transactions. Market demands are already high, and Meta Platforms Inc.'s stock price is falling even as results show that its investments are beginning to pay off. Santiago Mateo, head of stocks at CaixaBank AM, said: “The signal from the market seems increasingly clear: investors are still willing to reward large-scale AI investments, but the demand for returns is becoming much higher.” “Investors want to see evidence that these investments are translating into stronger growth, better profitability, and ultimately profitability,” he said.
Zhitongcaijing · 3d ago
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US stock index futures declined as the performance of a series of technology companies failed to meet high market expectations, and the escalation of hostilities in the Middle East pushed up oil prices, and investors widely withdrew from riskier assets. At 8:34 New York time, S&P 500 futures fell 0.9%, and Nasdaq 100 futures fell 1.6%, probably erasing most of the index's 2.2% increase this week, while Dow futures fell 0.6%. The performance outlook given by chip equipment manufacturer Fanlin Group was disappointing, driving its stock price down more than 8% before the market. Shares fell 3.7% after Tesla cut spending plans. The latest round of corporate earnings reports is being tested. At a time when the market is increasingly concerned that data center and computing power investments will take longer to generate returns, and financing costs continue to rise, corporate profits can continue to support AI transactions. Market demands are already high, and Meta Platforms Inc.'s stock price is falling even as results show that its investments are beginning to pay off. Santiago Mateo, head of stocks at CaixaBank AM, said: “The signal from the market seems increasingly clear: investors are still willing to reward large-scale AI investments, but the demand for returns is becoming much higher.” “Investors want to see evidence that these investments are translating into stronger growth, better profitability, and ultimately profitability,” he said.
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