NextFin News - U.S. equity futures are mixed before the opening bell, with growth shares holding a modest lead while blue-chip futures lag. Nasdaq 100 futures are at 30,264.0, up 75.5 points or 0.25%. S&P 500 futures are at 7,829.3, up 6.8 points or 0.09%. Dow Jones futures are at 53,847.0, down 88.0 points or 0.16%.
European markets are also mixed. The FTSE 100 is at 10,769.38, down 3.29 points or 0.03%, after trading between 10,723.66 and 10,789.71. France’s CAC 40 is at 8,654.49, up 3.93 points or 0.05%. Germany’s DAX is outperforming at 26,527.00, up 227.26 points or 0.86%, near its intraday high of 26,537.50.
In commodities and currencies, crude oil is firmer as Middle East supply concerns remain in focus. Brent crude is around $87.31 per barrel, up $0.24, while WTI crude is near $81.83, up almost 1%. Gold is trading around $4,396 per ounce, down about 0.4% in the latest overnight snapshot, while the U.S. Dollar Index is near 101.30, up 0.01%. In major FX, the dollar is near 159.15 yen, while the euro is around $1.1555.
Hot News
- Futures mixed after Wall Street records: U.S. stocks reached fresh highs Thursday as inflation readings cooled and oil prices eased. Pre-market trading is more selective today, with Nasdaq 100 futures higher but Dow futures lower as investors balance momentum in growth shares against energy-price volatility.
- Oil rebounds on Strait of Hormuz risk: Crude is rising after reports that two United Arab Emirates tankers were attacked while attempting to cross the Strait of Hormuz. The move keeps energy-price risk elevated for transportation, consumer and inflation-sensitive shares.
- Consumer resilience remains a market test: Retail-sales data due before the open is drawing attention after prior signs that shoppers slowed spending in June. Markets are watching whether higher gasoline and grocery costs are changing spending patterns into the back half of the summer.
- AI pricing and infrastructure remain active themes: Reports that DeepSeek is sharply increasing prices for its flagship V4 model add another signal that AI demand is translating into pricing power and infrastructure spending. The theme is supporting select software and platform names, though earnings reactions remain stock-specific.
U.S. Stock Focus
- Reddit - S&P 500 inclusion lifts shares: Reddit shares are up more than 12% before the bell after the company was selected to join the S&P 500 next week. Separate pre-market data showed the stock near $174.95-$177.97, compared with a prior regular-hours close around $158.05.
- Applied Materials - Strong quarter, weaker stock reaction: Applied Materials reported fiscal third-quarter revenue of about $9.12 billion, above estimates near $9.02 billion, with adjusted EPS of $3.50 versus consensus around $3.39-$3.42. Despite the beat and stronger AI-related demand commentary, the stock is down about 5% pre-market near $506-$508 as expectations had already risen.
- Nu Holdings - Earnings beat drives pre-market rally: Nu Holdings posted quarterly revenue of $5.51 billion, exceeding estimates by about $39.1 million, while EPS of $0.22 beat by $0.03. Shares are among the stronger pre-market gainers, recently indicated up 8.5%-13.2% around $15.09-$15.77.
- Workday - Take-private talks keep stock in focus: Workday remains active after reports that Silver Lake is in talks to acquire the enterprise software company, which recently carried a market value of about $43 billion. The stock surged roughly 18% in the prior session, making the name a key read-through for large-cap software valuations.
- Credicorp - Revenue and EPS top expectations: Credicorp reported revenue of $1.79 billion, beating expectations by about $71.0 million, with EPS of $7.29 ahead of estimates by $0.09. The results point to continued earnings momentum for the Peru-based financial group’s U.S.-listed shares.
- Alumis - Biotech results miss estimates: Alumis reported revenue of $1.66 million, missing expectations by about $2.46 million. EPS of -$1.11 also missed by $0.40, putting pressure on sentiment around the clinical-stage immunology company.
- Sigma Lithium - Q2 results scheduled today: Sigma Lithium is expected to release full second-quarter financial and operating results today after previously reporting 35,000 tonnes of high-grade lithium concentrate production, 6% above its 33,000-tonne guidance. Consensus figures cited for the report include revenue near $68.34 million and EPS around $0.23.
- EchoStar - Shares jump in early trading: EchoStar is one of the larger pre-market gainers, indicated near $96.20 versus a prior regular-hours level of $86.98, a gain of about 10.6%. The move puts the satellite and wireless-spectrum company back on the active watchlist for momentum and event-driven traders.
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