United States stock futures are edging lower. Dow futures have declined by 87 points, S&P 500 futures are down 12 points, and NASDAQ 100 futures slipped 46 points. S&P 500 and NASDAQ composite post their third consecutive weekly gain supported by the Federal Reserve's interest rate cut. Shares of Federal Express rose following a strong quarterly report, while Apple gained momentum following a JP Morgan Chase analyst upgrade on the iPhone maker's price target. Micron Technology set to report after market close. Microns results are expected to provide insight into the ongoing artificial intelligence-driven boom. Shares of major Indian information technology companies including Tata consultancy and Infosys declined after the announcement of a $100,000 annual fee for H1B visas. Berkshire Hathaway has fully exited its stake in the electric vehicle manufacturer. Gold prices hit an all-time high, boosted by expectations of further United States interest rate cuts and favorable economic conditions.