David Tran
U.S. stock index futures on Thursday were lower, as sentiment was weighed down by trade tensions and geopolitical risks. Here are some stocks to watch on Thursday:
- Shares of Boeing (NYSE:BA) were -5.8% in pre-market trading. The decline came after one of the U.S. planemaker’s 787 Dreamliners crashed in the western city of Ahmedabad in India on Thursday. The London-bound Air India flight went down minutes after taking off, crashing into a residential neighborhood while carrying 242 people on board. The crash raised fresh questions about the safety of Boeing’s (NYSE:BA) planes.
- Micron Technology (NASDAQ:MU) stock was in focus, -1% ahead of the opening bell. The memory chipmaker said it would spend about $200B on U.S. semiconductor manufacturing and research and development, in another example of a big company pledging domestic investments following U.S. President Donald Trump’s return. Micron (NASDAQ:MU) said the new investment will create an estimated 90,000 direct and indirect jobs.
- Shares of Adobe (NASDAQ:ADBE) will garner attention, ahead of the creative software maker’s FQ2 2025 results after the closing bell. Wall Street expects the San Jose, Calif.-based firm to earn $4.97 per share on revenue of $5.80B. Adobe (NASDAQ:ADBE) is known for its Photoshop graphics editor and Premier Pro video editor, but investors will be looking at the performance of the company’s generative AI offerings.
- RH (NYSE:RH) stock will get some eyes, ahead of the Corte Madera, Calif.-based firm’s Q1 earnings after hours. Wall Street expects the upscale home-furnishings retailer to narrow its quarterly loss to 7 cents per share on revenue of $818.57M. Still, overall demand has been subdued due to lower consumer discretionary spending. Keybanc last month raised concerns after RH (NYSE:RH) boosted member discounts.