Gasoline Futures Rally as Retail Prices Top $4.12
Commodities Rebecca Torres

Gasoline Futures Rally as Retail Prices Top $4.12

U.S. gasoline futures rose 0.9% as the national average retail price climbed above $4.12. October RBOB futures gained 0.86% to $3.1621 per gallon, with inventories down 7% year-over-year.

USO UNG
Nu Holdings Stock Edges Up as Credit Growth Outpaces Late Payment Risks
Earnings James Calloway

Nu Holdings Stock Edges Up as Credit Growth Outpaces Late Payment Risks

Nu Holdings (NU) shares advanced 0.4% premarket after Q2 loan growth of 37% was offset by rising late-stage delinquencies, now at 6.9% of balances.

NU
Uber's $10B AV Push Puts Cash Flow in Focus as Shares Hold Near $75
Markets Daniel Marsh

Uber's $10B AV Push Puts Cash Flow in Focus as Shares Hold Near $75

Uber shares hover near $75 as BMO maintains a $119 target, with the company's $10B autonomous vehicle plan and robust cash flow in focus.

UBER RIVN
Tech-Heavy QQQ Slips 1.3% Premarket as Yields, Oil Pressure Growth Stocks
Markets Daniel Marsh

Tech-Heavy QQQ Slips 1.3% Premarket as Yields, Oil Pressure Growth Stocks

QQQ fell 1.3% premarket Tuesday, more than double SPY's decline, as higher yields and oil prices hit tech heavyweights.

QQQ SPY IWM XLK XLE CRWD MSFT NVDA
S&P Futures Edge Higher as Oil Retreats Below $90 Ahead of ADP Data
Markets Daniel Marsh

S&P Futures Edge Higher as Oil Retreats Below $90 Ahead of ADP Data

S&P futures edged up as oil slipped under $90, with investors awaiting ADP payrolls. GitLab jumped 20.9% post-earnings, MongoDB fell 12.5%.

GTLB DELL MDB CRDO USO SPY QQQ
American Airlines Edges Up Premarket as Oil Retreats From $90
Markets Daniel Marsh

American Airlines Edges Up Premarket as Oil Retreats From $90

AAL gains 0.8% premarket as crude dips below $90, yet fuel price sensitivity remains a key risk. Q2 fuel costs surged 83%.

AAL DAL UAL JBLU USO
Dell Surges 8% on Record AI Server Backlog, Raised Guidance
Earnings James Calloway

Dell Surges 8% on Record AI Server Backlog, Raised Guidance

Dell shares rose 8.3% premarket as AI server backlog hit $95B and revenue guidance was lifted to $192B, signaling strong demand and margin expansion.

DELL HPE SMCI
United Stock Dips 3.1% as Newark Expansion Tests Premium Strategy
Markets Daniel Marsh

United Stock Dips 3.1% as Newark Expansion Tests Premium Strategy

United Airlines shares fell 3.1% as the carrier announced 14 new Newark routes, betting on premium seats to offset cost pressures.

UAL
Loonie Slips 0.2% as Traders Await Bank of Canada's Rate Verdict
Forex Rebecca Torres

Loonie Slips 0.2% as Traders Await Bank of Canada's Rate Verdict

The Canadian dollar fell 0.2% against the U.S. dollar ahead of the Bank of Canada's rate announcement, with markets widely expecting the overnight rate to remain at 2.25%.

UiPath Stock Dips as Q2 Revenue Growth Forecast Slows to 10%
Earnings James Calloway

UiPath Stock Dips as Q2 Revenue Growth Forecast Slows to 10%

UiPath shares slipped 1.2% in premarket after guidance indicated revenue growth of just 9.2%-10.6% for the fiscal second quarter, with results due Thursday.

PATH
Nasdaq Futures Slip as Oil Holds Above $90, Yields Remain Elevated
Markets Daniel Marsh

Nasdaq Futures Slip as Oil Holds Above $90, Yields Remain Elevated

Nasdaq-100 futures dropped 0.5% early Wednesday as oil prices held near $90 and Treasury yields stayed elevated, pressuring growth stocks ahead of ADP data.

GTLB DELL MDB USO TLT
NIO Shares Slide as Onvo Price Cuts Cloud Margin Outlook
Earnings James Calloway

NIO Shares Slide as Onvo Price Cuts Cloud Margin Outlook

NIO shares fell 3.2% premarket as investors weighed the impact of Onvo price cuts on margins. August deliveries rose 14.5% YoY, but the lower-priced brand saw a 46.4% decline.

NIO