Super Micro Computer $(SMCI)$: Shares surged in premarket trading after the AI server maker projected fourth-quarter gross margins roughly double those it had originally targeted. Rivals Dell Technologies $(DELL)$ and Hewlett Packard Enterprises $(HPE)$ also rallied.

Airbus SE (FR:AIR): Shares in the aerospace company jumped after it issued ambitious mid-term targets to boost profitability.

AT&T $(T)$: The network provider is set to post its second-quarter earnings ahead of the opening bell. Tobacco company Philip Morris (PM) is also slated to report this morning.

Alphabet $(GOOGL)$, Tesla $(TSLA)$, International Business Machines $(IBM)$, Southwest Airlines $(LUV)$: The companies are due to release second-quarter results after the market close.