Julie Morgan
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And NVIDIA re-enters the PC market with AI-powered laptop chips.
On our Catalyst Watch for the day, I have one item.
JP Morgan will host a company-wide update in New York City.
Analysts expect the firm-wide overview by the CFO to be more in-depth than in recent years, as it will likely include key points for each main business line.
CEO Jamie Dimon is anticipated to close out the event with prepared remarks and a Q&A.
On Wall Street, we've already talked about Dow, S&P, and Nasdaq futures.
Crude oil is down 0.6% at $66 a barrel.
Gold is up 1% at $51.61.
The FTSE 100 is little changed, and the DAX is down 0.3%.
And the markets in China and Japan remain closed for a holiday.
Novo Nordisk is on our list of the biggest movers of the day pre-market.
NVO is down 15% after the company's next-generation obesity drug delivered less weight loss than Eli Lilly's competing treatment in a Phase 3 trial, raising new concerns about its sales potential.
And on today's economic calendar at 8 30 a.m the Chicago Fed National Activity Index at 10 a.m factory orders and at 10 30 a.m the Dallas Fed Manufacturing Survey.
That's it for today's Wall Street Breakfast.
Thanks for listening.
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I'm your host, Julie Morgan.
Go out and make it a great day.
Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning.