Microchip, Under Armour rise in premarket; Adidas falls
Market Intelligence Analysis
AI-PoweredNvidia's announcement of Rubin data center processors entering production has positively impacted the stock, while Adidas' decline is a negative indicator for the market. The S&P 500 Index futures remain relatively stable, awaiting fresh data on the US economy. The early New Year rally may be pausing.
Market impact analysis based on bullish sentiment with 75% confidence.
Article Context
Investing.com-- S&P 500 Index futures were little changed at 7:23 AM in New York, as the early New Year rally showed signs of pausing with investors waiting for fresh data to assess the strength of the U.S. economy. Here are the biggest pre-market movers: Nvidia led the so-called Magnificent Seven after Chief Executive Jensen Huang said the company’s highly anticipated Rubin data center processors are now in production and that customers will soon be able to test the technology. Nvidia shares we
Analysis and insights provided by AnalystMarkets AI.