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Premarket

All articles tagged with #premarket

SpaceX AI spend sparks 10% premarket plunge as earnings roll in
markets20 days ago

SpaceX AI spend sparks 10% premarket plunge as earnings roll in

SpaceX shares slid about 10% in premarket trading after a surge in AI-related spending clouded a stronger earnings report, with AMD down around 8% and Pinterest falling ~8.5% on slower Q3 revenue growth. Booking Holdings rose about 7% after beating profit estimates, and Uber gained roughly 3% as the UK approved supervised autonomous robotaxi trials with Wayve. The broader market backdrop was mixed, with Europe and Asia trading higher while futures pointed to mostly flat U.S. sentiment.

SanDisk Dips in Premarket as Earnings Preview Weighs on Memory Stocks
technology21 days ago

SanDisk Dips in Premarket as Earnings Preview Weighs on Memory Stocks

SanDisk shares slipped about 5% in premarket trading as investors cabin ahead of its Aug. 5 earnings report, with memory-chip peers Micron MU, Western Digital WDC and SK hynix SKHY also weaker. Wall Street expects SanDisk to report roughly $33.38 per share on about $8.24 billion in revenue. While the stock remains in a longer-term uptrend, momentum has cooled in the near term, with shares trading below key moving averages; investors will be watching for guidance on demand in a memory market facing competitive pressure.

Tech-led premarket rally as Micron beats elevate AI bets; Qualcomm eyes data-center growth
markets2 months ago

Tech-led premarket rally as Micron beats elevate AI bets; Qualcomm eyes data-center growth

Tech stocks jump in premarket trading as Micron’s strong earnings calm AI jitters. Nasdaq-100 futures rise about 2.2%, S&P 500 futures up ~0.8%, and Dow futures inch higher (~0.1%) as Qualcomm’s AI-expansion plans add to sentiment. Investors await the Federal Reserve’s preferred inflation gauge, the PCE price index, which could shape expectations for rate moves.

SpaceX stock slips in premarket as post-IPO euphoria fades
business2 months ago

SpaceX stock slips in premarket as post-IPO euphoria fades

SpaceX shares fell more than 3% in premarket trading after Monday’s 16% drop, wiping out much of the gains from its blockbuster IPO and leaving the stock trading around a $2 trillion market cap earlier in the week. The company announced a senior unsecured notes offering and said it holds $100.8 billion in cash as of June 19, while also signing a computing-power agreement with Reflection for Colossus, but the post-IPO rally has largely faded.

SpaceX stock pulls back after IPO rally, slipping in premarket
business2 months ago

SpaceX stock pulls back after IPO rally, slipping in premarket

SpaceX shares fell about 5% in premarket trading after a two‑day pullback from a post‑IPO rally; despite a roughly 37% gain since the June 12 debut, investors remain cautious due to SpaceX’s large losses (2025 net loss of $4.9B and Q1 2026 loss) even as the IPO briefly boosted its market value above Amazon and, briefly, Microsoft, and highlighted Musk’s wealth growth.

Trump-Backed U.S.-Made Apple Chips Deal Sends Intel Shares Higher
business2 months ago

Trump-Backed U.S.-Made Apple Chips Deal Sends Intel Shares Higher

Intel stock rose about 9% in premarket trading after President Trump claimed Apple had agreed to design and build chips in the U.S. with Intel, a development tied to Intel’s ongoing turnaround and a broader AI-fueled chip demand. The report notes Intel’s 12-month rally and the Terafab foundry project as part of Wall Street’s renewed interest in the company, with Apple also edging higher and the semiconductor sector posting strong gains this year.