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Shares of Boeing are on the rise this morning after the aircraft manufacturer secured a deal with Uzbekistan Airways said to be worth more than $8 billion.
Stock futures are little changed this morning after major indexes hit record highs for the third straight session yesterday; Nvidia (NVDA) shares are down slightly in premarket trading after surging following news of the company’s $100 billion investment in OpenAI; Micron Technology (MU) is expected to report strong earnings when it releases its financials after markets close today; Boeing (BA) shares are rising after the aircraft manufacturer signed its biggest-ever single order; and the OECD projects U.S. GDP growth will remain resilient this year but will slow in 2026 as tariffs and lower immigration weigh on the economy. Here’s what investors need to know today.
Stock futures are flat after major market indexes hit record highs for the third consecutive session yesterday. Investors will be following remarks from Federal Reserve Chair Jerome Powell today after the central bank last week made its first interest rate cut of the year. Futures tied to the blue chip Dow Jones Industrial Average were up 0.1% in recent trading, while those linked to the benchmark S&P 500 and the tech-heavy Nasdaq fell fractionally. Gold futures hit another record high this morning, trading at around $3,820 an ounce. Bitcoin (BTCUSD) was up slightly at around $113,000. The yield on the 10-year Treasury note, which affects borrowing costs on a wide array loans, was at 4.12% recently, down from 4.15% at yesterday’s close.
Nvidia (NVDA) shares are in focus after the world’s most valuable company said yesterday it would invest up to $100 billion into ChatGPT-maker OpenAI. Shares of Nvidia surged on the news yesterday, gaining close to 4%, while other chipmakers also moved higher. “This investment and infrastructure partnership mark the next leap forward—deploying 10 gigawatts to power the next era of intelligence,” Nvidia CEO Jensen Huang said in a release….
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