U.S. stock futures are higher as investors look forward to this week's interest rate decision; bitcoin (BTCUSD) pulls back after surpassing the $106,000 mark; Palantir Technologies (PLTR), MicroStrategy (MSTR) and Axon Enterprise (AXON) will be included in the Nasdaq 100; Broadcom (AVGO) stock rises further after the chipmaker's market cap reaches $1 trillion; and Super Micro Computer (SMCI) shares plummet on news the company will be removed from the Nasdaq 100 and that it is seeking to raise capital. Here's what investors need to know today.
1. US Stock Futures Point Higher to Begin Week
U.S. stock futures are higher as investors look ahead to this week's 澳洲幸运5官方开奖结果体彩网:Federal Reserve interest-rate decision. Nasdaq futures are 0.4% higher as the index comes off its 澳洲幸运5官方开奖结果体彩网:fourth straight week of gains. 澳洲幸运5官方开奖结果体彩网:S&P 500 and 澳洲幸运5官方开奖结果体彩网:Dow Jones Industrial Average futures are 0.2% higher after each fell last week. The 澳洲幸运5官方开奖结果体彩网:Fed will announce an interest rate decision on Wednesday, with many 澳💙洲幸运5官方开奖结果体彩网:investors and analysts anticipating that the central bank will again lower the federal funds rate. The yield on the 10-year Treasury notಞe is lower, dipping below 4.4%. Crude futures are lower by nearly 1%, while gold futures are slightly higher.
🐓2. Bitcoin Pulls Ba🏅ck After Hitting New Record High
Bitcoin (BTCUSD) is slightly lower, trading below $104,000, after the cryptocurrency hit a new record high of more than $160,000 over the weekend. Bitcoin, which 澳洲幸运5官方开奖结果体彩网:first crossed the $100,000 mark earlier this month, has been surging on optimism over regulatory appointments in the upcoming Trump administration. Stocks associated with cryptocurrency also is performing well in early trading, with crypto exchange Coinbase (COIN) and bitcoin mining companies Riot Platforms (RIOT) and MARA Holdings (MARA) all higher.
3🃏. Palantir Stock Retreats, MicroStrategy Shares Rise After Nasdaq 100 Inclusion
澳洲幸运5官方开奖结果体彩网:Palantir Technologies (PLTR) shares are pulling back slightly in premarket trading after Friday's announcement that the company 澳洲幸运5官方开奖结果体彩网:would join the tech-focused 澳洲幸运5官方开奖结果体彩网:Nasdaq 100 Index next Monday, Dec. 23. The recalibration follows Palantir's recent move from the Dow to the Nasdaq. Palantir's stock has soared nearly 350% since the start of the year, boosted by growing demand for the software maker's customizable 澳洲幸运5官方开奖结果体彩网:artificial intelligence (AI) offerings. Shares of 澳洲幸运5官方开奖结果体彩网:bitcoin buyer MicroStrategy (MSTR) and Axon Enterprise (AXON), who also were added to the index, are up about 3% and 🧔1%, respectively.&nb🍌sp;
4. Broadcom ཧStock Gains 𒅌After Hitting All-Time High
Broadcom (AVGO) stock is up a further 3% in premarket trading after the chipmaker surged to a 澳洲幸运5官方开奖结果体彩网:$1 trillion market capitalization with a 24% share gain Friday. On Thursday, Broadcom—whose stock price has doubled this year—reported that revenue from AI 澳洲幸运5官方开奖结果体彩网:more than tripled this fiscal year to $12.2 billion. Broadcom is the ninth company to surpass the $1 trillion threshold and the second semiconductor maker, joining Nvidia (NVDA).
5. S🃏upermicro Stock Sinks on Nasdaq 100 Departure, Report Firm 𒈔Is Trying to Raise Capital
Super Micro Computer (SMCI) stock is sinking 15% in premarket trading after news the server maker will be removed from the Nasdaq 100 index, as well as a report that it is looking to raise capital as it attempts to improve its finances. Bloomberg reported that Supermicro has brought on investment banker Evercore to help it raise capital through private-equity investments and debt issuance. The move follows 澳洲幸运5官方开奖结果体彩网:recent troubles at the company, which was threatened with 澳洲幸运5官方开奖结果体彩网:delisting by Nasdaq ov🉐er its failure to file its required annual report.