U.S. futures are trading mixed this morning as global markets remain cautious amid geopolitical tensions. Investor attention is now firmly on Wednesday's key inflation data for signs of the Federal Reserve's next move.
Stocks to Watch: - NVIDIA Corporation: In the spotlight following reports of talks to acquire or invest further in AI startup Reflection AI. - Amazon.com, Inc.: Reportedly in discussions to acquire AI firm Decart for $7 billion to bolster its custom chip development. - Biogen Inc.: Rose over 2% in pre-market trading after receiving an upgrade to 'overweight' from JPMorgan. - Delta Air Lines, Inc.: Declined on Friday after missing Q3 earnings expectations and cutting its 2026 forecast due to higher fuel costs.
Looking ahead, market participants will be closely monitoring Wednesday's Consumer Price Index (CPI) report for insights into future monetary policy.