By Mackenzie Tatananni and Adam Clark

Stock futures were rising Friday after U.S. inflation data showed the war in Iran had a less severe impact on inflation than economists had anticipated.

These stocks were poised to make moves:

Lumentum Holdings and peer Coherent each gained more than 5%. The stocks were rising after Lumentum CEO Michael Hurston cited strong AI-related demand. J.P. Morgan analysts also raised their price targets on shares of both optical equipment companies.

Sandisk advanced 2.6%. The chip maker looked set to add to the previous session's gains, when it closed up 9.1%. Sandisk has gained nearly 50% during the S&P 500's recent hot streak.

CrowdStrike and Palo Alto Networks rose 1.6% and 2%, respectively. Both stocks have been rattled by fears of artificial-intelligence disruption, but KeyBanc Capital Markets noted that the companies' inclusion in Project Glasswing could be a stock catalyst.

Nvidia was up slightly. The chip maker was on course to extend a seven-day winning streak, its longest run of consecutive daily gains since November 2023.

Organon surged 16% after the Economic Times, an Indian business newspaper, reported that Sun Pharmaceutical Industries had submitted a binding $12 billion bid for the healthcare company.

Docusign fell 1.2% to $45. Citi Research downgraded shares of the e-signature platform to Neutral from Buy with a $50 price target, down from $99, as part of a broader effort to become "more selective" in its software coverage.

Palantir Technologies slipped 0.9%. Wedbush pushed back on Michael Burry's claim that Anthropic was "eating Palantir's lunch," while Citi Research dubbed Palantir one of the software companies "demonstrating clear growth acceleration."

Intel ticked up 0.4%. The semiconductor company has been on a stellar run, its share price more than tripling in the past 12 months and hitting its highest levels for nearly five years amid excitement about chip deals with Tesla and Google.

Write to Mackenzie Tatananni at mackenzie.tatananni@barrons.com and Adam Clark at adam.clark@barrons.com

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April 10, 2026 09:16 ET (13:16 GMT)

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