US Stock Outlook: G7 Energy Talks, Oracle Earnings, NIO's First Quarterly Profit

US Stock Market Update

As of Tuesday morning, US stock index futures showed slight fluctuations. The Nasdaq futures were down 0.08%, the Dow futures fell 0.14%, and the S&P futures decreased by 0.16%. Crude oil futures experienced a collective pullback, with both WTI and Brent crude dropping by 5%.

Key Events

A meeting is scheduled at 1:45 PM local time (8:45 PM Beijing time) at the International Energy Agency in Paris, where many participants will join remotely. An update is expected around 3 PM local time (10 PM Beijing time).

Pre-Market Movements

Tech Stocks

Most major tech stocks were up in pre-market trading. Notable movements included:

• ASML rose over 1%
• TSMC (TSM) and Micron Technology (MU) increased by more than 0.5%
• Tesla (TSLA) also saw a rise of over 0.5%

Chinese Stocks

Popular Chinese stocks also showed gains:

• NIO surged over 6% post-earnings
• Alibaba (BABA) increased by over 2%
• Pinduoduo (PDD) and Baidu (BIDU) rose by more than 1%
• Kingsoft Cloud (KC) fell over 4%

Cryptocurrency and AI Developments

Bitcoin (BTC) stabilized above $70,000, leading to a collective rise in cryptocurrency-related stocks, including:

• MicroStrategy (MSTR) and Coinbase (COIN), both up over 2%.

Nvidia's AI Expansion

Nvidia (NVDA) is expanding its AI capabilities through a partnership with Groq, aiming to increase Samsung's AI chip production by 70% to 15,000 wafers. This collaboration is expected to enhance Nvidia's ecosystem in the inference domain.

Upcoming Events

Nvidia GTC 2026

Nvidia's annual developer conference (GTC 2026) will take place from March 16 to 19 in San Jose, California. CEO Jensen Huang is set to deliver a keynote speech on March 16, where he may unveil a groundbreaking chip.

Earnings Reports

Oracle's Earnings

Oracle (ORCL) is set to release its Q3 earnings after the market closes on Tuesday. Analysts expect a 30% increase in EPS and a 20% rise in revenue, with cloud infrastructure sales projected to soar by 82%.

Apple Delays Product Launch

Apple (AAPL) has postponed the launch of its smart home display due to delays in the new Siri development, which is crucial for its upcoming AI hardware products.

Market Outlook

SpaceX IPO

Reports indicate that SpaceX is leaning towards an IPO on Nasdaq, seeking a valuation of approximately $1.75 trillion, which would make it the sixth-largest company in the US by market cap.

Hims & Hers Health

Hims & Hers Health (HIMS) saw a pre-market rise of over 3% following positive evaluations of its partnership with Novo Nordisk.

NIO's Historic Profit

NIO (NIO) reported its first quarterly profit, with Q4 revenue reaching 34.65 billion yuan and a delivery volume exceeding 124,000 vehicles.

Conclusion

The market is closely monitoring various risks, including AI spending and geopolitical tensions, as companies prepare for upcoming earnings reports and significant events in the tech sector.