U.S. stock index futures rose on Tuesday as investors sought insight into the Federal Reserve's policy plans following a decline in Treasury yields in the last session and braced for any announcements on the tariffs front.

Market Snapshot

At 7:50 a.m. ET, Dow E-minis were up 83 points, or 0.19%, S&P 500 E-minis were up 22.5 points, or 0.37%, and Nasdaq 100 E-minis were up 92.25 points, or 0.42%.

Pre-Market Movers

Intel - Intel shares jumped another 5.2% in premarket trading Tuesday after soaring 23.6% last week. Intel's rivals TSMC and Broadcom are each eyeing potential deals that would break the U.S. chipmaking icon in two, the Wall Street Journal reported on Saturday, citing people familiar with the matter. And a report from the Taiwanese press claims that TSMC might acquire a 20% stake in Intel's Intel Foundry business.

Super Micro Computer - Super Micro Computer shares jumped another 5.8% in premarket trading Tuesday. The shares jumped 32.1% last week after giving an aggressive long-term revenue outlook and saying it “believes” it will meet a Nasdaq Inc. deadline to file audited financial results.

Grab - Grab shares surged 12% in premarket trading Tuesday as Q4 earnings approached. The Southeast Asian ride-hailing and food delivery company plans to announce its unaudited fourth quarter and full year 2024 results after the U.S. market closes on February 19, 2025.

Baidu - Chinese search engine giant Baidu reported a 2% drop in quarterly revenue, dragged down by a slowdown in the advertising business, though offset by gains from cloud AI. The shares dropped about 2% in premarket trading.

Chinese ADRs - Chinese ADRs mixed in premarket trading Tuesday as Investors weighed the news Chinese President Xi Jinping presided over a meeting with Alibaba co-founder Jack Ma and other prominent entrepreneurs. YINN rose 4%; XPeng rose 5%; Alibaba rose 3%; PDD Holdings rose 2%; while JD.com fell 3%; Bilibili fell 2%.

Nvidia-Linked Stocks - Nvidia-linked stocks mixed again in premarket trading Tuesday After Nvidia disclosed stakes. WeRide jumped another 35% after soaring 83.5% on Friday; Recursion Pharmaceuticals rose 9%; Nebius rose 6%; Innoviz Technologies rose 5%; Serve Robotics fell 2%; Aurora Innovation fell 3%.

Berkshire-Linked Stocks - Berkshire-linked stocks also mixed in premarket trading Tuesday. Constellation rose 7%; Domino's Pizza and Occidental rose 2%; Sirius XM rose 1%; while Nu Holdings and Ulta Beauty fell 1%.

Delta Air Lines - A Delta Air Lines regional jet flipped upside down upon landing at Canada's Toronto Pearson Airport on Monday amid windy weather following a snowstorm, injuring 18 of the 80 people on board, officials said. Delta Air shares dropped 0.8% in premarket trading Tuesday.

Wynn - Jefferies analyst David Katz upgraded Wynn Resorts to buy from hold. He also increased his price target to $118 from $105, implying 33% upside potential from Friday’s close. Shares rose 1.5% after the rating change.

Market News

Musk Debuts Grok-3 AI Chatbot to Rival OpenAI, DeepSeek

Elon Musk's artificial intelligence startup xAI showed off the updated Grok-3 model, showcasing a version of the chatbot technology that the billionaire has said is the “smartest AI on Earth.”

Across math, science and coding benchmarks, Grok-3 beats Alphabet's Google Gemini, DeepSeek's V3 model, Anthropic’s Claude and OpenAI’s GPT-4o, the company said via a live stream on Monday. Grok-3 has “more than 10 times” the compute power of its predecessor and completed pre-training in early January, Musk said in a presentation alongside three of xAI’s engineers.

“We’re continually improving the models every day, and literally within 24 hours, you’ll see improvements,” Musk said.

Delta Plane Flips Upside Down on Landing at Toronto Airport, Injuring 18

A Delta Air Lines regional jet flipped upside down upon landing at Canada's Toronto Pearson Airport on Monday amid windy weather following a snowstorm, injuring 18 of the 80 people on board, officials said.

Three people on flight DL4819 from Minneapolis-St. Paul International Airport suffered critical injuries, among them a child, a Canadian air ambulance official said, with 15 others also immediately taken to hospitals.

Some of the injured have since been released, Delta said late on Monday.

OpenAI Weighs Special Voting Rights to Guard Against Hostile Takeovers

OpenAI is considering granting special voting rights to its non-profit board to preserve the power of its directors, as the ChatGPT-maker fends off an unsolicited takeover bid from Elon Musk, Financial Times reported on Tuesday.

Chief Executive Officer Sam Altman and board members are evaluating new governance measures as the company transitions to a traditional for-profit structure, the report said, citing people with direct knowledge of the discussions.

While no firm decisions have been made, the move could help OpenAI block future hostile takeover attempts, including from Musk, who co-founded the company with Altman but later departed.