US Stock Market Outlook: Futures Rise, Micron Surpasses $600, Apple Considers Intel and Samsung合作.

US Stock Market Overview

As of Tuesday pre-market, the three major US stock index futures showed mixed results. The Dow futures were down 0.01%, while the Nasdaq futures rose by 0.30%, and S&P futures increased by 0.02%.

Notable Movements in Tech Stocks

Most star tech stocks were up in pre-market trading, with Micron Technology rising nearly 4% and Intel gaining over 3%.

Chinese Concept Stocks Performance

Popular Chinese concept stocks also saw gains, with UMC up over 3%, and both Nexperia and Alibaba rising more than 1%.

Coinbase Restructuring Announcement

Coinbase announced a restructuring plan aimed at optimizing operations for the AI era, which includes laying off about 700 employees, or 14% of its workforce. The restructuring costs are estimated to be between $50 million and $60 million, with completion expected by Q2 2026.

Pfizer's Strong Q1 Earnings

Pfizer reported Q1 revenue of $14.45 billion, exceeding estimates of $13.84 billion, with an adjusted EPS of $0.75. The company maintains its full-year adjusted EPS forecast of $2.80 to $3.00.

Shopify's Impressive Q1 Results

Shopify's Q1 revenue reached $3.17 billion, surpassing market expectations of $3.09 billion, with a GMV of over $100 billion.

Michael Burry Sells GameStop Shares

Investor Michael Burry sold all his shares in GameStop, expressing concerns over the company's potential debt from a proposed acquisition of eBay for approximately $56 billion.

Google TPU Sales Strategy

Google announced plans to sell TPUs directly to customers, but major cloud service providers like Nebius and CoreWeave have opted to wait and see.

Apple Explores Chip Production Partnerships

Apple is in early discussions with Intel and Samsung to produce its main device chips, although concerns about using non-TSMC technology may hinder final agreements.

Palantir's Strong Q1 Performance

Palantir reported Q1 revenue of $1.63 billion, significantly exceeding expectations, with a net profit increase of nearly four times year-over-year.

PayPal Exceeds Revenue Expectations

PayPal's Q1 revenue was $8.35 billion, above the expected $8.05 billion, with an adjusted EPS of $1.34.

Goldman Sachs Oil Inventory Warning

Goldman Sachs warned that global oil inventories are nearing an eight-year low, raising concerns about the pace of consumption amid ongoing geopolitical tensions.

Iraq Offers Major Discounts on Oil

Iraq's SOMO is offering buyers a discount of up to $33.40 per barrel, contingent on navigating the nearly closed Strait of Hormuz.

Japan's Currency Intervention

During Japan's Golden Week, the country intervened in the forex market for three consecutive days, spending an estimated $54 billion, but claims these actions count as only one intervention.

Upcoming Economic Data

• 20:30: US March Trade Balance (in billions)
• 22:00: US April ISM Non-Manufacturing PMI

For any investment inquiries or stock analysis, feel free to ask!