US stock futures increased early in the week, with the Nasdaq 100 up more than 1% and S&P 500 futures up about 0.4%, as investors weigh the return of an AI‑driven rally.
Morgan Stanley strategist Michael Wilson noted that market leadership is expanding, citing Microsoft, Amazon and Meta as still attractive within the AI ecosystem.
Samsung’s first‑quarter earnings, due Tuesday, will be an early indicator of demand for AI‑related memory, while SK Hynix has begun marketing its U.S. IPO to capitalize on strong investor interest in memory chips.
SpaceX’s addition to the Nasdaq 100 on Tuesday is expected to trigger portfolio rebalancing for index funds. Goldman Sachs reports that risk‑hedging funds have been net sellers for the third straight week, with technology stocks under heavy selling pressure. Momentum trading remains active, though signs of buyers returning at lower prices are noted. The upcoming June Fed meeting may provide further insight into inflation outlook and future rate paths.