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12/16 06:37
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On Tuesday morning, US stock futures showed mixed results, with Dow futures up 0.12% and Nasdaq futures down 0.1%. Market attention is focused on President Trump's interview on FOX & FRIENDS at 8 AM (Beijing time).
Most major tech stocks weakened before the market opened, with AMD down over 1%, while TSMC, Meta, and Amazon saw slight declines. In contrast, Intel surged over 5%.
Palo Alto Networks reported better-than-expected Q4 results and 2026 guidance, driven by increased demand for AI-driven cybersecurity solutions, leading to a pre-market stock rise of over 6%. Q4 revenue reached $2.54 billion, up 16% year-over-year.
The Trump administration is contemplating a significant move to reshape US industrial policy by converting federal subsidies into direct equity investments in Intel, potentially making the government its largest shareholder. Meanwhile, SoftBank has already committed $2 billion to Intel at $23 per share.
Home Depot's Q2 same-store sales grew by 1%, below the expected 1.39%. The company reported net sales of $45.28 billion, slightly missing estimates.
XPeng Motors reported a record Q2 revenue of 18.27 billion yuan, up 125.3% year-over-year, with a narrowed net loss of 480 million yuan. However, Q3 delivery guidance fell short of market expectations.
As Nvidia prepares to release its earnings next week, analysts are raising price targets due to strong AI demand and potential revenue opportunities from China. Despite previous restrictions, the recent lifting of a ban has renewed optimism.
Goldman Sachs warns that the slowdown in the US job market may worsen, despite a stable unemployment rate around 4%. They predict three rate cuts this year if hiring remains weak.
UBS has increased its gold price target for 2026, citing ongoing macroeconomic risks and strong investment demand, projecting prices could reach $3,600 to $3,700 per ounce.
Blockchain lending platform Figure has filed for an IPO on Nasdaq, aiming to become a pioneer in capital markets on-chain. The company has seen significant growth in its home equity lending business.
The US stock market is navigating through mixed signals, with significant developments in tech, cybersecurity, and economic forecasts shaping investor sentiment.
