NewsNovo
stock futures edged higher on Friday as investors weighed conflicting reports on OpenAI's financial trajectory against Delta Air Lines' upcoming earnings release.
The market is currently digesting a Financial Times report stating that OpenAI's annualized revenue stood at approximately $50 billion at the end of September, a figure short of the $70 billion previously signaled.
This discrepancy weighed on technology stocks, even as broader index futures pointed upward. By 03:04 ET, Dow futures had risen by 33 points, or 0.1%, while S&P 500 futures advanced 25 points, or 0.3%.
Nasdaq 100 futures jumped by 243 points, or 0.8%.
Keep reading