S&P 500, Nasdaq futures rise as AI rally continues; oil falls over 5% on US-Iran talk hopes

US stock futures went up on Wednesday, May 27, as the AI rally kept going strong, pushing the S&P 500 and Nasdaq to new highs. Meanwhile, oil prices dropped over 5% because people felt hopeful about US-Iran talks. Chip stocks like Micron Technology saw big gains, with its market value crossing $1 trillion.