Loading...
On Wednesday morning, US stock futures showed slight gains, with the Nasdaq futures up by 0.65%.
Most major tech stocks were strong in pre-market trading:
Cryptocurrency-related stocks also performed well:
Gold stocks continued to rise:
Tesla's stock rose 1.4% in pre-market trading as the Model Y L began deliveries earlier than expected. The vehicle features a range of 751 km, accelerates from 0 to 100 km/h in 4.5 seconds, and has a starting price of 339,000 yuan.
Google's stock surged nearly 6% following a significant antitrust ruling. A judge ruled that Google does not hold a monopoly in the search market, allowing it to retain its Chrome browser and Android operating system without divestiture.
Apple's stock rose nearly 4% due to multiple positive factors, including the anticipated launch of its first foldable iPhone, with shipment expectations increasing significantly.
Macy's stock jumped nearly 12% after reporting second-quarter earnings that exceeded expectations, raising its annual guidance.
Amazon announced it will end its Prime sharing plan starting October 2025, limiting benefits to household members only.
Alibaba's international platform reported a 33% year-on-year increase in transaction volume on the first day of its September procurement festival.
Barclays noted that while the S&P 500's overall valuation is high, tech stocks remain reasonably valued with potential for growth.
Bank of America believes that strong job growth may not hinder expectations for a rate cut in September, with unemployment rates being a key variable.
UBS strategists remain optimistic about gold, suggesting a potential rise to $4,000 per ounce under certain geopolitical conditions.
The WTO warned that global trade rules are facing unprecedented damage due to tariffs imposed by the Trump administration, with trade under WTO rules dropping significantly.
