Stock Market Update
14-Oct-25 08:30 ET
Futures point to lower open as mega-caps lag
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: -62.00. Nasdaq futures vs fair value: -283.00.
The S&P 500 futures currently trade 62 points below fair value.
CNBC reports that Oracle (ORCL 305.00, -3.01, -1.0%) Cloud Infrastructure announced that it will deploy 50,000 Advanced Micro Devices (AMD 222.8, +6.46, +3.0%) GPUs in the back half of next year, signaling increased competition for NVIDIA's (NVDA 185.47, -2.85, -1.5%) industry-leading GPUs.
AMD is one of the only large semiconductor names that trades higher in the pre-market.
Separately, all of the "magnificent seven" names have moved lower before the open.
