Floor & Decor(US:FND) Benzinga·2025-10-24 09:47Market Overview - U.S. stock futures advanced on Friday following positive moves on Thursday, with major benchmark indices showing higher futures [1] - The 10-year Treasury bond yielded 4.01%, while the two-year bond was at 3.49%, indicating market expectations for a Federal Reserve interest rate cut in October with a 98.9% likelihood [2] Futures Performance - Dow Jones increased by 0.04%, S&P 500 by 0.23%, Nasdaq 100 by 0.41%, and Russell 2000 by 0.27% [3] - The SPDR S&P 500 ETF Trust (SPY) rose 0.32% to $673.89, and Invesco QQQ Trust ETF (QQQ) advanced 0.53% to $613.81 in premarket trading [3] Company Highlights - Intel Corp.: Jumped 8.44% in premarket after reporting Q3 revenue of $13.65 billion, exceeding estimates of $13.14 billion, and earnings of 23 cents per share, beating estimates by one cent [5] - Ford Motor Co.: Rose 2.51% after reporting quarterly earnings of 45 cents per share, surpassing the estimate of 36 cents, and revenue of $47.18 billion, above the $43.07 billion estimate [6] - Deckers Outdoor Corp.: Dropped 10.90% despite better-than-expected financial results due to disappointing full-year sales guidance [6] - Plug Power Inc.: Advanced 4.51% after announcing a milestone deployment of its hydrogen fuel cell systems at Floor & Decor Holdings' distribution center [6] - Procter & Gamble Co.: Shares increased by 0.39% ahead of its earnings report, with analysts expecting earnings of $1.90 per share on revenue of $22.17 billion [6] Sector Insights - The AI boom is creating significant opportunities in sectors beyond Technology, particularly in Industrials and Utilities, which are essential for building data centers and upgrading the power grid [8][9] - An estimated $3 will be spent on supporting infrastructure for every $1 spent on AI, indicating a long-term secular trend in infrastructure investment [10]