Overview

• U.S. stock futures slipped slightly and global shares were mixed after Monday’s flat close near record highs.
• Home Depot reports before the bell, with Lowe’s, Walmart and Target due later this week to gauge consumer demand.
• SoftBank said it will invest $2 billion in Intel at $23 per share, and Intel rose about 5% in extended and pre-market trading.
• Palo Alto Networks topped estimates and gave stronger guidance for the next quarter and full year, boosting its stock more than 5% after hours.
• S3 Partners said Meta Platforms has seen the biggest increase in U.S. short interest this year, with notional shorts up 75% year to date.