Yahoo Finance·2025-12-17 23:07Market Overview - US stock futures rose as investors anticipated a recovery from recent tech sell-offs, with S&P 500 futures up 0.4% and Nasdaq 100 futures gaining approximately 0.8% [1] - Dow Jones Industrial Average futures increased by 0.1% [1] Tech Sector Developments - Oracle's stock fell after losing key support for a $10 billion data center project, impacting other major tech stocks like Nvidia and Broadcom [2] - Micron Technology's earnings report indicated strong AI demand, forecasting next quarter's adjusted profit to be nearly double analysts' expectations, leading to a surge in its stock during premarket trading [2][11] Inflation and Economic Indicators - Markets are awaiting the consumer price index report for November, which may be less reliable due to the US government shutdown affecting data collection [3] - The Federal Reserve is focusing more on labor market conditions than inflation pressures, with indications from Fed governor Chris Waller supporting potential rate cuts [4] Corporate News - Trump Media & Technology Group announced a merger with TAE Technologies in a $6 billion all-stock deal, creating the world's first publicly traded fusion company [5] - Maplebear's stock fell 6% following DoorDash's partnership with OpenAI for a grocery-shopping app, while Coinbase's stock rose 2% as it plans to introduce stock trading and prediction markets [6][7] - Birkenstock's stock dropped 7% despite better-than-expected fourth-quarter results, as its outlook for fiscal 2026 did not meet analysts' expectations [8] - Lululemon shares rose after reports of activist investor Elliott building a stake of over $1 billion in the company [9] Broader Market Concerns - US stocks face numerous potential risks in 2026, including AI expectations, valuation issues, inflation and interest rates, geopolitical tensions, and macroeconomic slowdowns [10]