Svmuu News: Pre-Market Highlights for U.S. Stocks:
1. U.S. major stock index futures were mixed. Dow Jones futures rose 0.24%, S&P 500 futures rose 0.04%, and Nasdaq-100 futures fell 0.23%.
2. International oil prices edged higher. WTI crude oil futures rose 0.27% to $72.277 per barrel; Brent crude oil futures rose 0.52% to $76.695 per barrel.
3. International spot gold and silver prices fell across the board. Spot gold prices fell 0.52% to $4,102.04 per ounce; spot silver prices fell 0.58% to $59.59 per ounce.
4. Musk said he plans to launch the first batch of AI satellites next year, with plans to send humans to the Moon and Mars within the next five years and establish permanent cities on the lunar surface within a decade.
5. HBM leader SK Hynix is set to list on the Nasdaq tonight in the form of American Depositary Shares (ADS). The offering is expected to raise up to $26.5 billion, with institutional subscription demand exceeding seven times the offering size.
6. S&P downgraded Oracle’s credit rating from “BBB” to “BBB-,” just one notch above “junk” status. S&P cited increased structural risks stemming from the company’s large-scale transition to AI infrastructure.
7. Circle, the issuer of the stablecoin USDC, surged more than 13% in pre-market trading,following news that the company has received regulatory approval to establish a nationwide trust bank.
8. UBS. stated that as AI demand continues to grow and negotiations on long-term supply agreements are still underway, the memory chip market cycle is “further strengthening,” and structural supply shortages will persist at least through mid-2028.