Catch the latest Wall Street news live at the market open as Adidas drops its partnership with Ye West, Rishi Sunak takes office and big tech prepares to report earnings.

"We are building broad-based momentum with solid revenue and free cash flow results, as well as services growth in all businesses," said CEO Larry Culp.

Stocks futures edge lower with Tech earnings on tap; Microsoft nudges higher ahead of Q1 update after the bell; General Motors declares dividend ahead of Q3 report; General Electric earnings on deck with split plans in focus and Adidas reportedly prepared to cut ties with Kanye West.

Stocks futures slip, dollar steadies after China market slump; Week Ahead: big tech earnings, GDP, inflation data in focus; Fed begins 'pivot' messaging; traders pare bets on big rate hikes; Boris Johnson exits race for UK Prime Minister, pound jumps and Tesla shares slide after surprise China EV price cut.

Stock futures higher as earnings, inflation data loom; Bank of England re-states Friday bond buying deadline; Intel shares higher on report of big job cuts; Credit Suisse extends slump on report of new DoJ probe and PepsiCo tops earnings forecast on Frito-Lay strength

Automaker Ford Motor joins the list of companies hurt by the inflation-ridden economy.

Growing concerns for a global recession, and a surprise profit warning from FedEx, put stocks firmly in the red Friday.

GE CFO Carolina Dybeck Happe cautioned late Thursday that supply chain disruptions could trim the industrial group's cashflow forecasts.

Stock futures slump on recession worries; Consumer sentiment data in focus amid sticky inflation; FedEx shares plunge after pulling profit forecast; General Electric slumps on supply chain, cash flow caution and Uber skids after confirming cybersecurity breach.

"It makes sense to moderate the pace of our rate increases as we approach the level of restraint that will be sufficient to bring inflation down," Powell said.

Researchers from Oregon State University are expected to present evidence that cannabis is an even greater miracle drug than previously known.

Employees that helped to create the highest grossing video game of the year have come forward with their stories.