Stock futures rose Friday as oil prices eased and investors moved past concerns over OpenAI's sluggish revenue and looked ahead to next week's earnings slate.

SpaceX rose 2.9% in premarket trading after the rocket and artificial-intelligence company bought spectrum from Grain Management, which it said would "pave the way for Starlink Mobile to become a major mobile carrier in the U.S."

The news triggered a selloff across telecommunication stocks. AT&T fell 6.7%, Verizon dropped 5.4%, and T-Mobile slumped 7.5%, making the wireless carriers the S&P 500's three worst performers ahead of the opening bell as investors fretted SpaceX will muscle into telecom.

Cell tower stocks, however, got a boost. American Tower gained 6.6%, Crown Castle climbed 7.5%, and SBA Communications advanced 8.2%.

Apple dropped 2.5%. Nikkei Asia reported Friday that Apple told suppliers to cut production of iPhone 18 Pro and Pro Max components due to soft consumer demand.

Delta Air Lines slid 2.4% after the airline missed analysts' fiscal third-quarter earnings targets as the Iran war sparked a surge in jet fuel prices that drove up costs.

Humana jumped 16% after the federal government released new ratings data on Medicare Advantage plans, showing Humana achieved a four-star rating on a key contract closely watched by Wall Street.

Cryptocurrency stocks rose as Bitcoin reached nearly $83,000, marking a sharp rebound from earlier this week, as global tensions intensified and energy costs rose. Strategy gained 2.3%, Robinhood Markets advanced 1.9%, and Coinbase added 1.8%.

AI stocks rebounded a day after a report about ChatGPT developer OpenAI's weaker-than-expected revenue sparked a selloff. Advanced Micro Devices, Intel, Marvell, and Sandisk all traded higher.

Lumentum Holdings rose 6.1%. CEO Michael Hurlston said the company's optical components have sold out through 2029. He added that Lumentum will struggle to meet as much as 70% of demand for certain products through next year.