Stock futures are declining as major indexes appear set for losses this week, with investors closely watching Tesla after shareholders approved CEO Elon Musk’s substantial pay package.
This week has seen volatile trading with major indexes retreating as investors pulled back from the AI sector despite strong tech earnings.
Tesla shareholders overwhelmingly approved a trillion-dollar pay proposal for CEO Elon Musk.
Take-Two Interactive Software shares fell after the company delayed the release of its popular video game, Grand Theft Auto VI, once again.
Summary: Stock futures indicate a likely downtrend this week amid a retreat from AI stocks, Tesla’s CEO pay approval, government funding efforts, bitcoin’s dip, and delays in a major game release.