24 June 2026, 03:37 USA: Futures Steady Ahead of Micron Results.
US stock futures were little changed on Wednesday as investors awaited Micron Technology’s earnings report, with the memory chip sector continuing to benefit from the global expansion of AI infrastructure. Micron shares gained more than 1% in after-hours trading, while competitor Sandisk added around 1%, recovering slightly after both stocks plunged over 13% during Tuesday’s regular session. Meanwhile, shares of Google parent Alphabet rose roughly 0.5% after S&P Global announced the company would join the 30-stock Dow before trading begins next Monday. In the previous session, the S&P 500 fell 1.44% and the Nasdaq Composite dropped 2.21%, while the Dow lost 0.09%. The selloff was led by AI infrastructure firms, including semiconductor and memory chip makers, as investors grew increasingly concerned that massive AI investments by hyperscalers may generate weaker-than-expected returns.
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