Current nasdaq futures show a modest decline of 0

Current Nasdaq futures show a modest decline of 0.18% to 16,720, as investors react to mixed earnings from semiconductor companies. Analysts note that weakness in chip demand could weigh on broader tech indices, but cloud computing and AI-related sectors remain resilient, potentially cushioning the downside pressure. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Buy now, pay later firm Klarna ( KLAR ), which debuted on the public markets on Wednesday, was up 2.5% in premarket trading on Friday after a down day on Thursday. The stock closed its first day of trading 16% higher and its IPO raised $1.37 billion. Current Nasdaq futures slip 0.2% to 16,703 after weak guidance from a major streaming platform. Ad revenue shortfalls and rising competition could weigh heavily on media and entertainment segments of the index.