Stocks Rise as AI Concerns Ease; Dollar Rally Persists

• OpenAI's expected $70 billion annualized revenue by 2026 is easing concerns around AI investment, leading to a rebound in tech futures.
• The US dollar continues its longest weekly winning streak since early 2023, reflecting global risks from wars, inflation, and AI.
• US visa program crackdowns are impacting major tech and outsourcing firms, with Microsoft and Adobe among those affected.
• Humana (HUM) surged nearly 15% pre-market due to improved Medicare Advantage ratings, while telecom giants Verizon (VZ), T-Mobile (TMUS), and AT&T (T) fell sharply after SpaceX's new mobile service deal.
• Asian markets reversed earlier losses, and European stocks are up, despite ongoing concerns about French bond yields and inflation.

Global markets are showing a rebound after recent jitters, driven by easing concerns over OpenAI's revenue forecast and a continued strong US dollar. While specific tech and telecom stocks experienced significant pre-market movements due to company-specific news, the overall sentiment is cautiously optimistic as major macroeconomic and geopolitical risks persist.