Super Micro Computer

Nasdaq 100 futures came under pressure as Brent crude moved above $94 and briefly topped $95, forcing traders to reassess the path for interest rates. Super Micro Computer offered support to the AI trade with a $60 billion order book, but Tesla, Alphabet and IBM earnings now face a tougher macro backdrop.

Gold is drawing renewed attention as technology shares show signs of strain and traders reassess where defensive capital can also generate returns. Market participants say the recent pullback may be setting the stage for a bigger move if momentum returns.

Gold is drawing fresh attention as technology stocks show strain and investors reassess where the next major wealth-creation trade may emerge. Market participants say the recent pullback may be less a sign of weakness than a reset before another potential leg higher.