financetom
Market
financetom
/
Market
/
Advanced Micro Devices-OpenAI Partnership Lifts Technology Sector, Driving Premarket Gains for US Equity Futures
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Advanced Micro Devices-OpenAI Partnership Lifts Technology Sector, Driving Premarket Gains for US Equity Futures
Oct 6, 2025 5:58 AM

08:24 AM EDT, 10/06/2025 (MT Newswires) -- US equity futures were higher pre-bell Monday, with futures of technology sector-heavy Nasdaq Composite outperforming other major indices after Advanced Micro Devices ( AMD ) unveiled a collaboration with Microsoft ( MSFT ) -backed OpenAI.

Dow Jones Industrial Average futures were 0.2% higher, S&P 500 futures were up 0.4%, and Nasdaq futures were 0.8% higher.

Advanced Micro Devices ( AMD ) shares were 33% higher after the company unveiled a collaboration with OpenAI to deploy 6 gigawatts of graphics processing units. As part of the agreement, AMD has issued OpenAI a warrant for up to 160 million AMD common shares, the companies said.

Oil prices were higher, with front-month global benchmark North Sea Brent crude up 0.9% at $65.11 per barrel and US West Texas Intermediate crude 0.9% higher at $61.40 per barrel.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US STOCKS-Wall St turns modestly higher as investors bet on Mideast peace hopes, while oil prices dip
US STOCKS-Wall St turns modestly higher as investors bet on Mideast peace hopes, while oil prices dip
May 21, 2026
(Updates prices to late afternoon, adds analyst comments and market details) * Indexes up: Dow 0.72%, S&P 500 0.27%, Nasdaq 0.24% * Nvidia ( NVDA ) down after quarterly results * Walmart ( WMT ) falls after giving conservative annual targets * Quantum stocks jump on US investment in exchange for stakes * US manufacturing activity rises to four-year high...
Top Midday Decliners
Top Midday Decliners
May 21, 2026
02:39 PM EDT, 05/21/2026 (MT Newswires) -- Intuit (INTU) posted a fiscal Q3 beat and raised its fiscal 2026 guidance, but weaker TurboTax trends and a 17% workforce reduction are likely to weigh on the stock, Oppenheimer said in a note Thursday. Shares slumped 20% as intraday trading volume advanced to over 17.6 million from a daily average of about...
Sector Update: Healthcare
Sector Update: Healthcare
May 21, 2026
03:38 PM EDT, 05/21/2026 (MT Newswires) -- Healthcare stocks rose late Thursday afternoon, with the NYSE Healthcare Index and the State Street Health Care Select Sector SPDR ETF (XLV) each adding 0.7%. The iShares Biotechnology ETF (IBB) was up 0.8%. In corporate news, West Pharmaceutical Services ( WST ) shares rose 2.7% after the company said it has restored its...
Sector Update: Energy
Sector Update: Energy
May 21, 2026
03:44 PM EDT, 05/21/2026 (MT Newswires) -- Energy stocks were lower late Thursday afternoon, with the NYSE Energy Sector Index decreasing 0.4% and the State Street Energy Select Sector SPDR ETF (XLE) falling 1%. The Philadelphia Oil Service Sector Index was declining 1.8%, and the Dow Jones US Utilities Index was adding 0.9%. Front-month West Texas Intermediate crude oil declined...
Copyright 2023-2026 - www.financetom.com All Rights Reserved