00:08All right. Futures under pressure here ahead of Monday's open. A little bit mixed and maybe
00:13firming up a little bit. But S&P futures down 0.19%. The Dow futures down 0.12%. They were
00:21both
00:21trying to go a little bit higher, but they've backed off that high. So we're still slightly
00:28negative ahead of the open. And NASDAQ actually leading the way lower down by 0.57%. It's also
00:34worth noting that oil is down 1.98%. So oil's down nearly 2% here today. In the past, we've
00:42actually
00:42seen the market respond positively to a lower oil price. So we'll see if we get that here again
00:48today. Now let's take a look at some cues from last session, as well as what we can expect here
00:53from today. Healthcare materials and financials led the advance as most S&P 500 sectors closed
01:00higher on Friday, while energy and utilities bucked the market trend to finish lower. However,
01:06all major indices recorded losses that week with the S&P 500 falling 1.4% and the NASDAQ losing
01:122%
01:13in the period. Both indices ended three-week winning streaks as well. The Dow also recorded a weekly
01:19loss of nine-tenths, registering back-to-back weekly losses. U.S. stock futures were mixed on
01:25Monday as the Dow Jones indice rose, while the S&P and NASDAQ fell following Friday's higher close.
01:31Again, since then, the Dow has moved into negative territory, although slightly.
01:35Iranian Parliament Speaker Mohamed Bagheer Galibyath mocked U.S. economic policy, sarcastically
01:42asking if Washington plans to, quote, import frozen yields, end quote, to fix rising bond yields following
01:48President Trump's trade and foreign policy moves. Galibyath warned on X that, quote, a frozen foreign
01:54policy delivers a frozen economy, end quote, taking aim at recent U.S. Treasury buybacks and domestic
01:59price control measures. This week, all eyes are on Wednesday's quarterly report from NVIDIA,
02:05ticker NVDA, as the market looks to see if immense AI infrastructure demand can reignite megacap tech
02:12momentum. In addition to NVIDIA, CrowdStrike Holdings, ticker CRWD, and Marvell Technology,
02:19ticker MRVL, will hand in their results on Wednesday and Thursday, respectively.
02:24Later in the week, macro attention shifts to Federal Reserve Chair Kevin Warsh's scheduled speech on Friday
02:31at the annual Jackson Hole Economic Policy Symposium, where investors will hang on any hints
02:37regarding the Fed's long-term monetary policy framework and bond market trajectory. Meanwhile,
02:44the 10-year Treasury bond yielded 4.71% and the two-year bond was at 4.22%. The CME
02:50Group's Fed
02:50watch tool projections show markets pricing a 36.9% likelihood of the Federal Reserve hiking the current
02:57interest rates during its September meeting. Now, we've got several stocks in focus here for you
03:02today, and the first one's going to be Applied Optoelectronics, and this is indeed AAOI. It slipped
03:0812.7% in the pre-market on Monday after it announced a $600 million at-the-market equity offering.
03:16The next stock on our list is going to be Kairos Pharma. The ticker is K-A-P-A, and
03:21it fell 4.52%
03:23after it reported a 1-for-7 reverse stock split. The next stock on our list is going to be
03:28Alibaba Group. The ticker is B-A-B-A, and it fell 3.72% after the Chinese e-commerce
03:36giant announced
03:36a $10 billion share sale to fund its artificial intelligence ambitions, also sending its Hong
03:42Kong-listed shares tumbling nearly 10%. The next stock on our list is going to be Picard Medical,
03:48the ticker's PMI, and it surged 41.9% following its second quarter earnings last week, where its revenue
03:54increased 39% and net losses decreased by 16%. The final stock on our list is going to be Birkenstock
04:03holding. The ticker is B-I-R-K, and it gained 6.09% after it reported higher third quarter
04:10sales year on
04:12year and raised its fiscal 2026 revenue growth guidance to 15%, targeting reported revenue at
04:19the upper end of 2,300 million euro or 2.68 billion USD.
Comments