Julie Morgan
๐ค SpeakerAppearances Over Time
Podcast Appearances
Microsoft is said to win approval for 15 additional data centers at a former Wisconsin Foxconn site.
And Micron outlines a $24 billion plan for a new memory chip plant in Singapore.
A few items on our catalyst to watch.
India Energy Week will kick off in Goa.
The event is India's flagship oil, gas, and broader energy exhibition and conference.
Visa will hold its annual meeting.
and Boeing will hold its earnings call.
Updates on 737 MAX 89 output, the planned activation of the Everett Northline, and the timeline for 737-10 certification will be closely watched.
Astronix derives 12% of its revenue from Boeing and trades in tandem with it following earnings 75% of the time.
On Wall Street at this early hour, Dow, S&P and Nasdaq futures are in mixed territory.
Crude oil is up 0.5% at $60 a barrel.
Bitcoin is down 0.5% at $87,000.
Gold is up 1.5% at $5,085.
The FTSE 100 is up 0.5% and the DAX is up 0.2%.
Health insurers are on our list of the biggest movers of the day pre-market.
Humana is down 12 percent, UnitedHealth down 8 percent, and CVS Health is also down 8 percent.
The company slumped after the Trump administration proposed nearly flat 2027 Medicare Advantage reimbursement rates, with payments set to rise just 0.09 percent versus the 4 to 6 percent increase analysts had expected.
And on the economic calendar today, of course, the FOMC meeting begins.
We'll hear from them tomorrow.
At 9 a.m., the FHFA House Price Index and at 10 a.m., the Richmond Fed Manufacturing Index.