U.S. stock futures are pointing higher as investors look for a market recovery following last week's declines; Apple (AAPL) says it will invest $500 billion in the U.S. over the next four years; Domino's Pizza (DPZ) shares are falling in premarket trading after disappointing domestic same-store sales; TD Cowen says Microsoft (MSFT) is canceling AI data center leases; and Chinese e-commerce firm Alibaba Group (BABA) announces it would commit $52 billion in AI and cloud computing infrastructure investments o🧜ver the next three years. Here's what investors neꦗed to know today.
1. US Stock Fut𓃲ure꧃s Point Higher Following Market Selloff
U.S. stock futures are pointing higher as investors look for markets to rebound after 澳洲幸运5官方开奖结果体彩网:Friday's selloff. 澳洲幸运5官方开奖结果体彩网:Dow Jones Industrial Average futures are 0.7% higher after the blue-chip index posted its worst week since October. 澳洲幸运5官方开奖结果体彩网:S&P 500 and Nasdaq futures are both roughly 0.5% higher. Investors are watching for earnings from Nvidia (NVDA) and January inflation data 澳洲幸运5官方开奖结果体彩网:later this week. Bitcoin (BTCUSD) is down slightly to trade under $96,000. Yields on the 10-year Treasury note and gold f🏅utures are slightly higher, while oil futures are little changed.
🌠2. Apple Commits to Investing $500B in US Ov🐬er Next 4 Years
Apple (AAPL) announced plans to spend $500 billion in the U.S. over the next four years, including a new Texas factory that will produce servers that support the company's AI platform Apple Intelligence. The iPhone maker will also double its U.S. Advanced Manufacturing Fund, including "a multibillion-dollar commitment from Apple to produce advanced silicon in TSMC's Fab 21 facility in Arizona," it said. Shares of Apple are down less than 1% in premarket trading.
3. Domino's Pizza Stock Falls After US Same-Store Sales Disappoint
Domino's Pizza (DPZ) are falling nearly 4% in premarket trading after the company 澳洲幸运5官方开奖结果体彩网:reported m🎃i🌼xed fourth-quarter results, with better profits but lower sales than analysts expected. Domino's reported 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) of $4.89 on revenue of $1.44 billion, while analysts polled by Visible Alpha had expected EPS of $4.87 and revenue of $1.48 billion. The pizza chain said 澳洲幸运5官方开奖结果体彩网:same-store sales rose just 0.4% among its U.S. locations, below the 1.5% consensus, and 2.7% internationally, better than the 1.7% growth expectation.
4. Microsoft Ca🌜nceling AI Data Center Leases, Report Sa𓂃ys
TD Cowen said Microsoft (MSFT) has begun canceling leases for AI data center capacity in the U.S., raising questions over whether the 澳洲幸运5官方开奖结果体彩网:OpenAI backer is developing more AI computing power than needed over the long term, according to a Bloomberg report. The software giant has voided data center leases totaling about "a couple of hundred megawatts" of capacity, the brokerage wrote, per Bloomberg. Microsoft also plans to redirect some international spending back to the U.S. Shares of Microsoft, which has said it 澳洲幸运5官方开奖结果体彩网:plans to spend $80 billion on AI infrastruꦫ⛎cture&nbs꧙p;this year, are little changed in premarket trading💙.
5. Aliba🌼ba Says It Will Invest $52 Billio♏n in AI, Cloud Over Next 3 Years
U.S.-listed shares of Alibaba Group (BABA) are falling 3% in premarket trading after the Chinese tech giant announced plans to 澳洲幸运5官方开奖结果体彩网:invest more than $52 billion in AI and cloud infrastructure over the next three years. Alibaba said the investment "underscores the company’s focus on AI-driven growth and its role as a leading global cloud provider." Alibaba shares soared to a 澳洲幸运5官方开奖结果体彩网:three-year high after the firm reported better-than-estimated quarterly results last week and are up almost 90% over the past 12 months entering Monday.