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Exxon Mobil, Chevron slip premarket; AMD surges
U.S. stock index futures rose on Wednesday morning, driven by optimism regarding a potential peace deal between the U.S. and Iran, which caused oil prices and energy stocks like Exxon Mobil and Chevron to slip. Meanwhile, Advanced Micro Devices (AMD) surged after its data center business outperformed expectations, supporting broader gains in semiconductor stocks. Several other companies, including Uber, Walt Disney, CVS Health, Kraft Heinz, and The New York Times Company, also saw their shares rise due to strong earnings or positive news.