Wall Street Futures Rise on Tech Gains and AI Optimism
U.S. stock futures climbed Monday as Meta and Nvidia led technology gains ahead of key industry events. Investors remain cautious as oil prices hold near 100 dollars per barrel amid ongoing Middle East conflict.
Wall Street index futures signaled a positive opening on Monday as technology shares gained momentum, even as ongoing geopolitical tensions in the Middle East and elevated crude prices tempered overall risk appetite. Meta Platforms, Inc. led the advance in premarket trading following reports that the social media giant is preparing for significant workforce reductions to streamline operations and offset investments in artificial intelligence. This move follows similar restructuring efforts announced by Amazon.com, Inc. and Block, Inc. earlier this year.
