5 Things to Know Before the Stock Market Opens | Global News Avenue

U.S. stock futures little changed after tech stocks rose; Nvidia (NVDA) Shares hit record high in pre-market trading following CEO Jensen Huang’s remarks; Uber Technologies (Uber) shares are rising after the ride-hailing company announced a partnership with Nvidia on autonomous driving; Inari Medical (Nari) shares surged after the company was acquired by medical device maker Stryker for $4.9 billion (SYK); Shares in Tencent Holdings fell in Hong Kong trading after the Pentagon blacklisted WeChat’s parent company as a “Chinese military company.” Here’s what investors need to know today.

1. U.S. stock futures changed little after mixed trading on Monday

U.S. stock futures were little changed after market indexes posted mixed results on Monday. Nasdaq Futures edged lower after rising 1.2% in the previous session Chip stock strength. S&P 500 Index Futures edged higher after rising 0.6% yesterday, while Dow Jones Industrial Average Futures also edged higher after falling slightly in the previous session. Bitcoin (Bitcoin USD) fell 1% but still traded above $100,000, while the 10-year Treasury yield was little changed at above 4.6%. Oil and gold futures were higher.

2. NVIDIA stock price hits record high, CEO’s speech further rises

NVIDIA (NVDA) shares were trading at 2.5% in pre-market trading Closed at all-time high Monday as Supplier Foxconn Reports record strong revenue Artificial Intelligence (AI) Require. Nvidia shares rise further Chief Executive Officer (CEO) Jen-Hsun Huang give a speech Last night at the Consumer Electronics Show in Las Vegas, he touted the company’s progress on self-driving cars, robots and artificial intelligence agents.

3. Uber shares rise on Nvidia partnership

Uber Technologies (UberThe company’s shares rose 2.5% in pre-market trading after announcing a partnership with Nvidia to support the development of artificial intelligence self-driving technology. “By partnering with NVIDIA, we are confident we can help accelerate the industry’s progress toward safe, scalable self-driving solutions,” said Uber CEO Dara Khosrowshahi. Launching a new business, the company’s shares rose 2.7% on Monday Accelerate $1.5 billion buyback program.

4. Stryker acquires Inari Medical, shares soar $4.9B

Inari Medical stock (Nari) surged 30% in pre-market trading Stryker (SYK) agreed to acquire the company $4.9 billion deal Consolidation of medical device manufacturers. Stryker said the deal would be “highly complementary” to its neurovascular business and agreed to acquire Inari Medical for $80 per share, well above its Monday closing price of $65. Stryker shares are slightly lower.

5. Tencent’s stock price fell after the Pentagon put it on the “Chinese military” blacklist

Shares of Tencent Holdings fell 7% in Hong Kong trading on Tuesday after the U.S. Department of Defense added WeChat parent company to its list of companies. “List of Chinese Military Enterprises”” Electric vehicle (EV) battery manufacturer Contemporary Amperex Technology (CATL) supplier to Tesla (Tesla) and Jeep parent company Stellantis (STLA) was also included in the list, causing its share price to fall by 2% on the Shenzhen Stock Exchange. The designation carries no penalties but prohibits his company from doing business with the Pentagon.