Previous close | 0.5100 |
Open | 1.4000 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 460.00 |
Expiry date | 2024-05-31 |
Day's range | 0.5100 - 1.4000 |
Contract range | N/A |
Volume | |
Open interest | N/A |
Advanced Micro Devices shed 6.3% in premarket trading after its forecast for AI chip sales failed to impress investors, while Super Micro Computer lost 9.1% as the artificial intelligence server maker reported third-quarter revenue below estimates. Investors will now await a slew of economic data during the day to further gauge the state of inflation in the U.S. economy, before tuning in to the Fed's interest rate decision at the end of its two-day meeting. "Although we still expect rate cuts to remain on the agenda for later in the year, disinflation has stalled in the U.S., where it hasn't in many places overseas."
U.S. stock index futures fell on Wednesday as downbeat results dragged chip stocks and markets exercised caution ahead of more economic data and the Federal Reserve's interest rate decision later in the day. Advanced Micro Devices shed 6.3% in premarket trading after its forecast for AI chip sales failed to impress investors, while Super Micro Computer lost 9.1% as the artificial intelligence server maker reported third-quarter revenue below estimates. Investors will now await a slew of economic data during the day to further gauge the state of inflation in the U.S. economy, before tuning in to the Fed's interest rate decision at the end of its two-day meeting.
DigitalOcean Holdings Inc. (NYSE: DOCN) will replace Agiliti Inc. (NYSE: AGTI) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, May 7. Thomas H. Lee Partners L.P. is acquiring Agiliti in a deal expected to be completed on or about that date pending final conditions.