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Micron's 346% Revenue Jump, Qualcomm's 2029 Guidance Lift Stock Futures Overnight

Stocks Indices Commodities

2026-06-25 03:38:05

According to earnings reports, Micron Technology posted a 346% surge in quarterly revenue to $41.5 billion overnight on Wednesday (June 25), while Qualcomm raised its fiscal 2029 revenue targets and announced an expanded partnership with Meta Platforms to supply data center CPUs. The strong results reversed earlier losses, sending Nasdaq 100 futures up nearly 2%, Dow futures up 0.06%, and S&P 500 futures up 0.54% in extended trading hours. Meanwhile, WTI crude futures fell below $70 per barrel on easing Middle East tensions.

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