US stock market pre-market highlights: S&P 500 poised for best quarterly performance in 6 years; Bernstein raises Sandisk target price to $3,000
Odaily Planet Daily News: US stock market pre-market highlights:
1. The three major US stock index futures edged lower. Dow futures fell 0.11%, S&P 500 futures fell 0.10%, and Nasdaq 100 futures fell 0.14%. As of the previous trading day, the S&P 500 has risen 14% this quarter, on track for its best quarterly performance in six years.
2. International oil prices edged up. WTI crude oil futures rose 0.49% to $71.096 per barrel; Brent crude oil futures rose 0.66% to $74.399 per barrel.
3. International spot gold and silver prices were mixed. Spot gold fell 0.07% to $4,013.60 per ounce; spot silver rose 0.15% to $58.36 per ounce.
4. Anthropic announced that its Claude large model is now fully available on the Microsoft Azure cloud platform, with underlying computing power provided by Nvidia GB300 Blackwell Ultra GPUs.
5. Anthropic has reached a new agreement with Amazon, changing the billing method from charging by compute hour to charging by token. Amazon may end up paying a higher fee for this.
6. Bernstein raised its price target for Sandisk from $1,700 to $3,000. This is the highest target price among all institutions, implying an upside of approximately 50%.
7. The CEO of US nuclear power giant Exelon warned that due to pressure from growing electricity demand, the US could face blackouts as early as 2027, and AI giants are underestimating the "headwinds ahead."
