Chevron Rises 1.7% as Storm Threat Fades, Oil Gains on Iran Worries
Markets Daniel Marsh

Chevron Rises 1.7% as Storm Threat Fades, Oil Gains on Iran Worries

Chevron shares advanced 1.7% after the National Hurricane Center slashed the odds of a nearby storm developing. Oil prices climbed on Iran supply worries, not storm threats.

CVX XOM COP USO
Nvidia's New AI Financing Strategy Caps Exposure at $125B
Markets Daniel Marsh

Nvidia's New AI Financing Strategy Caps Exposure at $125B

Nvidia unveiled a financing strategy to deploy over $500B in third-party AI capital, limiting its own exposure to 25% per project, as the stock hovers near record highs.

NVDA GS APO BLK BX BAM KKR
Drone Stocks Surge as Tariffs Favor Niche U.S. Manufacturers
Markets Daniel Marsh

Drone Stocks Surge as Tariffs Favor Niche U.S. Manufacturers

U.S. drone stocks rallied in premarket trading Friday after new tariffs on imported drones were announced. Smaller pure-play firms like Unusual Machines and Red Cat outpaced larger defense contractors.

UMAC RCAT AVAV KTOS
Ford's $110K Mustang SC Convertible: Premium Pricing Play
Markets Daniel Marsh

Ford's $110K Mustang SC Convertible: Premium Pricing Play

Ford's Mustang Dark Horse SC Convertible, priced around $110,000, aims for premium status. Shares rose 0.3% in premarket as investors weigh the high-margin potential against ongoing EV losses.

F GM STLA TM
Dow Futures Dip 0.1% as Price-Weighted Index Magnifies Small Move
Markets Daniel Marsh

Dow Futures Dip 0.1% as Price-Weighted Index Magnifies Small Move

Dow futures fell 68 points (0.1%) premarket, but the price-weighted index makes the move look larger than the underlying basket pressure. High-priced stocks like Goldman Sachs dominate the point impact.

GS CAT MSFT GOOGL CSCO DIA
Nu Holdings Soars 10% on Record $1B Profit, Margin Recovery
Earnings James Calloway

Nu Holdings Soars 10% on Record $1B Profit, Margin Recovery

Nu Holdings (NYSE:NU) jumped 10% premarket after posting its first $1B+ quarterly profit, driven by a sharp margin recovery and lower credit costs.

NU
Workday Stock Holds Gains After Silver Lake Buyout Talks
Analysis Daniel Marsh

Workday Stock Holds Gains After Silver Lake Buyout Talks

Workday shares surged 18% after Silver Lake takeover discussions, with a possible $54B deal. Analysts see limited upside at current levels.

WDAY EA HUBS DOCU CRM NOW
SpaceX Stock Rebounds 36% Ahead of Key Share Unlock
IPO Michael Okonkwo

SpaceX Stock Rebounds 36% Ahead of Key Share Unlock

SpaceX shares climb 36% from lows to $142.71 as investors eye the upcoming August 20 unlock, testing the stock's resilience amid mixed fundamentals.

GOOGL
VIX at 14.6 Signals Calm Trading as S&P 500 Holds Near Record Highs
Markets Daniel Marsh

VIX at 14.6 Signals Calm Trading as S&P 500 Holds Near Record Highs

The Cboe Volatility Index sits at 14.6, pricing a 0.92% daily move for the S&P 500. Markets remain calm after a record close, but geopolitical risks persist.

SPY QQQ GLD SLV XLK XLF
Coherent Stock Drops 8% as AI Optics Expansion Strains Cash Flow
Earnings James Calloway

Coherent Stock Drops 8% as AI Optics Expansion Strains Cash Flow

Coherent's stock dropped 8% post-earnings even with record revenue, as a massive capex push for AI optics caused operating cash flow to tumble 87% to $79.5M.

COHR LITE
Reddit Soars 12.5% on S&P 500 Inclusion, $3B Index Buying Expected
Markets Daniel Marsh

Reddit Soars 12.5% on S&P 500 Inclusion, $3B Index Buying Expected

Reddit (RDDT) surges 12.5% premarket after S&P 500 inclusion. J.P. Morgan projects $2.97B in index fund purchases, nearly three times average daily volume.

RDDT META SNAP PINS SPY
AMD's $5B Bond Plan: Debt to More Than Double
Markets Daniel Marsh

AMD's $5B Bond Plan: Debt to More Than Double

AMD shares ticked up premarket after announcing a $4-$5 billion bond offering that could more than double its gross debt. The company's strong liquidity and Q2 revenue surge support the move.

AMD NVDA INTC