US STOCK FUTURES STEADY AS AI CONCERNS WEIGH ON TECH SHARES

What happened: U.S. stock futures were largely flat Friday as falling Treasury yields steadied markets, while AI investment concerns, tech valuations, and inflation weighed on sentiment. Key numbers: S&P 500 futures slipped 0.1% to 7,802.00; Nasdaq 100 futures rose 0.1% to 30,173.25; Dow futures gained 0.1% to 52,496.0. Why it matters: Investors question whether AI demand can justify heavy data center, semiconductor, and cloud spending, and scrutiny of AI-related debt and capex is rising. Hotter inflation data complicates the Fed outlook, and markets await third-quarter earnings.

U.S. stock futures were largely flat Friday as falling Treasury yields steadied markets, while AI investment concerns, tech valuations, and inflation weighed on sentiment.

Investors question whether AI demand can justify heavy data center, semiconductor, and cloud spending, and scrutiny of AI-related debt and capex is rising. Hotter inflation data complicates the Fed outlook, and markets await third-quarter earnings.