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NextFin News - U.S. equity futures were mixed ahead of the open, with a sharp rebound in Nasdaq 100 futures contrasting with continued pressure in Dow futures. The tone remained fragile after Thursday's AI-led selloff, while European equities were broadly lower and energy prices stayed elevated.
Pre-Market Performance
- Nasdaq 100 futures: 27,165.3, up 413.3 points, or +1.54%, indicating a technology-led attempt to stabilize after the prior session's rout.
- S&P 500 futures: 7,400.8, up 17.8 points, or +0.24%, pointing to a modestly positive open for the broader market.
- Dow futures: 51,079.0, down 536.0 points, or -1.04%, showing persistent weakness in blue-chip cyclicals and value-oriented components.
- FTSE 100: 10,543.53, down 239.13 points, or -2.22%; intraday range 10,528.07 to 10,784.16.
- CAC 40: 8,053.67, down 151.70 points, or -1.85%; intraday range 8,053.55 to 8,139.69.
- DAX: 25,690.52, down 634.49 points, or -2.41%; intraday range 25,685.34 to 26,061.64.
- Commodities and FX: Brent crude was quoted near $99.99 a barrel, up about +1.73%, while WTI traded around $91.64, up roughly +1.24%. Gold was softer near $4,042.59 an ounce, down about -1.14%. The U.S. Dollar Index was firmer near 101.90, up about +0.47%, as risk aversion supported the dollar. Sources: Centrino Capital, ChartsView, Investing.com
Hot News
- AI selloff spills into global markets. Global equities remained under pressure after a broad Wall Street selloff in AI-linked shares. The Nasdaq Composite dropped more than 5% on Thursday, and Asian markets followed lower, with investors reassessing the durability, financing needs and regulatory exposure of the AI data-center buildout. AP
- Regulatory concerns weigh on the data-center trade. Market attention stayed focused on the post-midterm political backdrop, with investors debating whether a Democratic-controlled Congress could slow or reshape AI infrastructure expansion. Data-center and AI infrastructure names were among the most volatile areas of the market. Axios
- European markets extend risk-off move. Major European benchmarks fell sharply alongside U.S. futures, reflecting spillover from the technology selloff, weaker global risk appetite and pressure on cyclical shares. Exact index levels are listed in Pre-Market Performance above.
- Oil rebounds as geopolitical risk remains in focus. Brent and WTI crude prices moved higher in early trading, with oil staying sensitive to Middle East headlines and shipping-risk concerns. Higher energy prices added another layer of complexity for equity investors already dealing with elevated volatility. GEO
- Dollar firms while gold retreats. The U.S. Dollar Index strengthened while gold traded lower despite broader market turbulence. The move suggested investors were favoring dollar liquidity over precious metals in the near term. Investing.com
U.S. Stock Focus
- Cloudflare — Q3 beat drives sharp pre-market gain. Cloudflare reported third-quarter revenue of $782.5 million, up 39% year over year, with non-GAAP operating income of $137.1 million. The stock was among the notable pre-market gainers, with StockTitan showing NET up about 19% on roughly 77,000 pre-market shares after the earnings release and executive update. Cloudflare filing, StockTitan
- Airbnb — Revenue acceleration and $12 billion buyback lift shares. Airbnb said third-quarter revenue rose 19% year over year to $4.9 billion, while gross booking value increased 21% to $27.7 billion. The company also announced a new authorization to repurchase up to an additional $12 billion of Class A common stock, and ABNB was indicated up about 12% in pre-market trading on StockTitan's momentum board. Airbnb, StockTitan
- DraftKings — Shares tumble after wider loss and lower guidance. DraftKings reported third-quarter revenue growth of 16% and monthly unique payers of 4.1 million, up about 13% year over year. However, the company updated its 2026 revenue guidance to $6.35 billion to $6.55 billion and adjusted EBITDA guidance to $175 million to $275 million, while Investing.com reported the stock fell 25.2% after hours to $17.60 following a larger-than-expected loss. DraftKings, Investing.com
- Affirm — Revenue climbs 35% as credit metrics stay in focus. Affirm reported fiscal first-quarter 2027 revenue of $1.26 billion, up from $933.3 million a year earlier, with adjusted operating income of $379.7 million and an adjusted operating margin of 30.1%. The company's loan book and provision for credit losses remain key investor focus points heading into the holiday shopping season. StockTitan
- Monster Beverage — Sales grow double digits, but margin pressure persists. Monster Beverage reported third-quarter net sales of $2.56 billion, up 16.7% from a year earlier, with Monster Energy Drinks segment sales up 17.1% to $2.37 billion. Net income rose 8.4% to $568.4 million, while gross margin narrowed to 54.7% due in part to higher aluminum can costs, geographic sales mix and freight-in expenses. Monster Beverage filing
- Live Nation Entertainment — Attendance growth supports record revenue. Live Nation reported third-quarter revenue of $10.1 billion, with attendance up 19% in the quarter. The company said international markets surpassed the U.S. year to date in both concert attendance and sponsorship revenue, underscoring continued global demand for live events. Live Nation
- EOG Resources — Dividend increase follows Q3 results. EOG Resources reported third-quarter results and raised its regular dividend by 8%. The company's updated capital-return profile comes as energy stocks remain sensitive to crude-price swings and geopolitical risk in the oil market. EOG Resources
- Sweetgreen — Cost pressure offsets modest revenue growth. Sweetgreen reported third-quarter restaurant-level profit of $18.3 million and restaurant-level profit margin of 10.4%, while adjusted EBITDA was -$6.8 million. Comparable sales fell 6.4% in the quarter, though management commentary indicated October comps rebounded about 5%. Sweetgreen
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