Futures were narrowly mixed. Nvidia and Deckers extended big recent gains while Apple rose on rebounding iPhone sales in China.
GameStop completes an offering of 45 million shares for proceeds of about $933.4 million, and Nvidia stock gets a boost from an announcement that Elon Musk’s XAI raised $6 billion in the start-up’s latest fundraising round.
Apple faces challenges that have weighed on Apple stock, including slowing iPhone sales and lack of a strategy for artificial intelligence.