U.S. stock futures are pointing slightly lower after indexes mostly gained yesterday on a positive reaction to February consumer inflation data; Intel (INTC) shares are jumping after it named a new CEO; February wholesale inflation is expected to have dropped in today's Producer Price Index report; Adobe (ADBE) shares are falling after its earnings outlook disappointed analysts; and the 澳洲幸运5官方开奖结果体彩网:Federal Trade Commission (FTC) reportedly will keep pursuing an antitrust investigation of Microsoft (MSFT) that opened during the Biden administration. Here's what investors need to know toda🉐y.

1. US Stock Futures Point Sꦡlightly Lower After Indexes ꦍMostly Rebound Wednesday

U.S. stock futures are pointing slightly lower after 澳洲幸运5官方开奖结果体彩网:indexes rebounded Wednesday on positive consumer inflation data, with investors watching for 澳洲幸运5官方开奖结果体彩网:more pricing data today. Nasdaq and 澳洲幸运5官方开奖结果体彩网:S&P 500 futures are down 0.6% and 0.4%, respectively, after gaining 1.2% and 0.5% yesterday. 澳洲幸运5官方开奖结果体彩网:Dow Jones Industrial Average futures are ticking down by 0.3% after the blue-chip index closed slightly lower. Bitcoin (BTCUSD) is down about 1% to trade around $83,000. Yields on the 10-year Treasury note advanced to over 4.33%. Gold futures are high𒅌er. Oil futu🐽res are slightly lower.

2. Intel Stock Jumps on Naming of New CEO

Intel (INTC) 澳洲幸运5官方开奖结果体彩网:shares are surging 11% in premarket trading after the 澳洲幸运5官方开奖结果体彩网:chipmaker named Lip-Bu Tan its new 澳洲幸运5官方开奖结果体彩网:Chief Executive Officer (CEO). Tan is the former CEO of semiconductor software company Cadence Design Systems (CDNS). Intel has been led by interim co-CEOs after former chief executive 澳洲幸运5官方开奖结果体彩网:Pat Gelsinger retired in December. The move comes amid reports that Intel 澳洲幸运5官方开奖结果体彩网:could sell parts of its business or 澳洲幸运5官方开奖结果体彩网:form new partnerships as the 澳洲幸运5官方开奖结果体彩网:struggling chipmaker seeks to engineer a turnaround.  

3. Wholesale Inflatio꧒n Expected to Have Cooled in February

Investors are anticipating another good piece of inflation news today with the 8:30 a.m. ET release of wholesale pricing data. The 澳洲幸运5官方开奖结果体彩网:Producer Price Index (PPI) is expected to have declined to 0.3% in February from 0.4% the prior month, according to economists surveyed by The Wall Street Journal and Dow Jones Newswires. It comes after yesterday’s release of 澳洲幸运5官方开奖结果体彩网:Consumer Price Index (CPI) data that showed that 澳洲幸运5官方开奖结果体彩网:i✅nflation slowed more than expected in February, helping send markets higher.

4. Adobe Stock Falls on Weak Outlook

Shares of Adobe (ADBE) are falling more than 5% in premarket trading after the graphics software maker 澳洲幸运5官方开奖结果体彩网:issued an underwhelming outlook alongside quarterly results that topped analysts' estimates. Adobe affirmed its full-year revenue outlook of $23.3 billion to $23.55 billion and adjusted 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) projection of $20.20 to $20.50, each below Visible Alpha consensus at the midpoint. CEO Shantanu Narayen said Adobe is "well-positioned to capitalize on the acceleration of the creative economy driven by AI," while analysts prepare for more updates on the company’s AI progress at an 澳洲幸运5官方开奖结果体彩网:event next week.

5. FTC to Press Forward With Microsꦡoft Probe, Report Says꧂

The 澳洲幸运5官方开奖结果体彩网:Federal Trade Commission (FTC) reportedly will keep pursuing an antitrust investigation of Microsoft (MSFT) that opened during the Biden administration, indicating that the agency under President Donald Trump will 澳洲幸运5官方开奖结果体彩网:continue to review big tech firms. Bloomberg reported that new FTC Chair Andrew Ferguson is seeking information from the company on its AI operations, including on costs to train models and obtain data. Microsoft shares are ticking lower in premarket trading.