U.S. stock futures rose modestly Friday while AI‑related shares fell after OpenAI disclosed lower‑than‑expected revenue expectations.
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Micron reported a 256% jump in fiscal 2026 revenue to $133.1 billion, driven by AI‑related memory demand, while its stock surged 500% over the past year.
A September disclosure showing President Donald Trump's July purchases and sale of SpaceX stock lifted the company's shares 2% while investors focus on governance and profitability.
Micron stock jumped nearly 5% before settling at a 1.8% gain as Stifel analyst Brian Chin reaffirmed a buy rating and a $1,500 price target, while noting a more measured earnings upside ahead of the company’s Q4 report.
U.S. equities slipped after the Labor Department reported 162,000 new jobs in August, pushing expectations for a Federal Reserve rate increase higher.
Shein's Hong Kong listing saw its stock slip up to 10% in early trade, valuing the company at about $26 billion—roughly a quarter of its earlier estimate.
U.S. missile strikes on Iranian rocket launchers sent U.S. stock futures lower, while Wall Street prepares to close August with a string of monthly gains.









