Nasdaq, S&P 500 Futures Steady As Iran Talks, Warsh Hearing Set Market Tone: Why AAPL, AMZN, POET, FRMI, IBRX Are In Focus

• U.S. stock futures ticked higher early Tuesday, attempting to stabilize after recent volatility in tech-heavy indices. 
• Reports suggest that Iran may engage in peace talks with the U.S. ahead of a looming ceasefire deadline.
• At 10:00 AM ET, Fed Chair nominee Kevin Warsh faces the Senate Banking Committee.

U.S. stock futures rose early Tuesday as investors digested the leadership transition at Apple and reports of potential peace talks between the U.S. and Iran. Iran is reportedly considering attending peace talks in Pakistan; however, it faces internal resistance from the Revolutionary Guard as Wednesday’s ceasefire deadline looms. 

JPMorgan has reportedly raised its S&P 500 year-end target to 7,600, while traders brace for March retail sales data and a high-stakes Senate confirmation hearing for Fed Chair nominee Kevin Warsh this morning at 10:00 am ET.

As of 4:00 a.m. ET on Tuesday: S&P 500 and Nasdaq futures gained 0.1%; Dow futures rose 0.3%; and Russell 2000 futures were flat with a positive bias. 

Retail sentiment toward the SPDR S&P 500 ETF (SPY), an exchange-traded fund that tracks the S&P 500 Index, and the Invesco QQQ Trust (QQQ) ETF, which tracks the Nasdaq-100 Index, continued to remain in the ‘extremely bullish’ territory.

Trending Stocks To Watch

Apple (AAPL): Tim Cook is stepping down as CEO. Successor John Ternus, the current SVP of Hardware Engineering, takes the helm during a period of intense AI integration. 

Amazon (AMZN): Remains on the retail radar following a massive $25 billion investment in Anthropic. Anthropic has pledged to spend over $100 billion on Amazon Web Services (AWS) technologies over the next decade.

Poet Technologies (POET): The stock saw its best day in over four months on Monday. In an exclusive conversation with Stocktwits, POET CFO Thomas Micah dismissed the Wolfpack short report’s tax concerns as irrelevant, arguing the company had “nothing to declare” due to net losses and calling short sellers “maggots.”

Fermi LLC (FRMI): The stock is garnering renewed retail interest amid a leadership shakeup this week. Early Tuesday, former CEO Toby Neugebauer said he favors selling the company to maximize shareholder value, while reiterating his bullish stance on Project Matador, its biggest AI bet in Texas.

ImmunityBio, Inc. (IBRX): This retail favorite biotech stock continued its upward trend on Monday, boosted by founder Patrick Soon-Shiong’s comments on emerging breast-cancer research, which indicates a link between low immune-cell levels and less favorable patient outcomes.

SpaceX IPO Buzz: Leaked prospectus details reportedly suggest Elon Musk will retain ‘super-voting’ control of SpaceX post-IPO.

Meanwhile, Tesla (TSLA) gears up to report Q1 earnings this week after missing delivery expectations for the second straight quarter. 

Other tickers trending on Stocktwits at the time of writing included Poet Technologies (POET), Psyence Biomedical (PBM), Webull Corp (BULL), and AEVEX Corp (AVEX).

Other Catalysts To Watch

On the economic front, traders will be watching for the release of March retail sales and pending home sales this morning.

On earnings radar, watch out for quarterly reports from GE Aerospace (GE), UnitedHealth (UNH), RTX Corp (RTX), 3M (MMM), Northrop Grumman (NOC), and Halliburton (HAL) before the bell. Meanwhile, United Airlines (UAL), Viking Therapeutics (VKTX), and Intuitive Surgical (ISRG) are among the key names to watch after the closing bell.

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