5 things to know before the stock market opens on Friday

Happy Friday. Remember that Ring Super Bowl commercial about finding a lost dog? It turns out it didn’t do much good. AmazonThe owned doorbell company wanted it.

Stock futures are falling this morning as the averages for all three major stocks are negative.

Here are five important things investors need to know to start their trading day.

Stocks fell on Thursday as traders continued to exit sectors seen most exposed to disruption from artificial intelligence. of Dow Jones Industrial Average It ended yesterday’s trading down more than 600 points, or 1.34%. S&P500 It decreased by 1.57%.

Here’s what happened:

Concerns over what new AI tools mean for certain industries continue to rock the market. AI worries initially hit software and financial stocks, but yesterday also reached office real estate stocks and some trucking and logistics companies. Newly released AI tools that can expand freight volumes without adding staff have spooked the trucking industry, as investors worry that AI will mean companies will need less office space. Several tech stocks also fell in Thursday trading. shares of Cisco Rising memory prices weighed on the company’s profits, which fell 12% in its worst day since 2022.apple Shares fell 5% following reports that updates to Siri may be delayed, the biggest single-day drop since April last year. The company’s news app also faces scrutiny from the Federal Trade Commission. Meanwhile, U.S. Treasury yields fell yesterday after the National Association of Realtors reported that home sales in January were the largest monthly decline since February 2022.

The Bureau of Labor Statistics will release January’s consumer price index this morning, but like Wednesday’s jobs report, it was delayed due to the recent government shutdown.

Investors will be watching to see if this is the only thing this report has in common with this week’s labor data, or if the CPI brings more good news about the U.S. economy. Economists expect a 2.5% increase from a year ago, according to the Dow Jones consensus forecast. If the CPI matches these expectations, inflation will return to May 2025 levels.

Stock futures are falling ahead of the report bell at 8:30 a.m. ET. Follow live market updates here.

shares of pinterest Shares plunged more than 20% in after-hours trading after the social media company missed Wall Street expectations for fourth-quarter profit and revenue.

Pinterest CEO Bill Ready blamed the quarter’s disappointment on President Donald Trump’s tariffs, which weighed on retail advertisers. The company also issued a weaker-than-expected outlook for the current quarter, with Chief Financial Officer Julia Donnelly telling analysts Thursday that Pinterest expects “these headwinds to continue and may become slightly more pronounced in the first quarter.”

instacartMeanwhile, the company reported strong earnings for the latest quarter and issued an optimistic forecast for the first quarter. The grocery delivery platform’s stock rose 13% before the bell.

The Trump administration on Thursday rescinded a landmark finding that classified six greenhouse gases, including carbon dioxide and methane, as threats to public health and welfare. The Environmental Protection Agency’s so-called endangered findings supported federal emissions regulations.

This reversal would be a major blow to efforts to combat climate change. Experts say the long-term effects of climate change are likely to get worse, including more extreme weather events. The EPA also says the measure would save the average person about $2,400 per vehicle, but an increase in wildfires, floods, droughts and hurricanes could increase other costs for consumers.

According to CNBC’s 2026 Official NBA Team Valuations, the National Basketball Association’s three teams will be valued at $10 billion during the 2024-2025 season.

The Golden State Warriors, New York Knicks, and Los Angeles Lakers took first, second, and third place with valuations of $10.8 billion, $10.1 billion, and $10 billion, respectively. The league’s 30 teams had an average revenue of $416 million and an average valuation of $5.52 billion, an 18% increase from last year’s average.

See the complete ranking here.

Here’s what to do during the long weekend.

—CNBC’s Sean Conlon, Sarah Ming, Michelle Fox, Pia Singh, Laura Murti, Jennifer Elias, Diana Orrick, Jeff Cox, Jonathan Bunyan, Samantha Subin, Spencer Kimball, Greg Iacrussi, Michael Ozanian and Annie Palmer contributed to this report. Melody Warner edited this version.