Svmuu News: Ahead of the U.S. stock market open, investors should pay close attention to the following key news items:
1. Futures for the three major U.S. stock indices are all down. Dow Jones futures are down 0.20%, S&P 500 futures are down 0.47%, and Nasdaq-100 futures are down 1.27%.
2. International oil prices are rising across the board. WTI crude oil futures rose 4.26% to $74.452 per barrel; Brent crude oil futures rose 4.37% to $79.328 per barrel.
3. International spot gold and silver prices fell across the board. Spot gold prices fell 1.40% to $4,061.29 per ounce; spot silver prices fell 2.52% to $58.33 per ounce.
4. Europe’s three major stock indices fluctuated within a narrow range. The UK’s FTSE 100 Index fell 0.20%, France’s CAC 40 Index fell 0.01%, and Germany’s DAX 30 Index rose 0.08%.
5. META announced it will invest an additional $40 billion in its Louisiana data center, expanding the facility’s computing capacity to 5 gigawatts.
6.Renowned journalist Gurman reported that Apple has completed the tape-out of the M7 chip, which is expected to launch in the first half of next year. The company is also set to introduce the M7 Pro and M7 Max by the end of 2027, followed by the M7 Ultra in 2028. Meanwhile, the M8 chip is reportedly already in development and is rapidly transitioning to TSMC’s 1.4-nanometer process.
7. SpaceX’s Starship conducted its 13th test flight on Thursday. The primary objectives of this flight were to deploy 20 V3 satellites for the first time and to gather critical data for the 14th test flight, which aims to achieve a sea-based rocket recovery.
8. Samsung Electronics is reportedly providing samples of “Gaia,” its next-generation AI PC-specific processor, to PC manufacturers such as HP and Lenovo. The chip is a neural processing unit (NPU) and is expected to be manufactured using Samsung Electronics’ 4-nanometer-class process technology.
9. Intel. announced an additional investment of 5 billion euros in its Irish facility to upgrade existing fab infrastructure and install advanced manufacturing equipment, thereby expanding AI chip production capacity.
10. The U.S. memory sector fell in premarket trading. SK Hynix ADRs dropped more than 10%, SanDisk fell more than 6%, and Micron. declined more than 5%.