U.S. Stock Futures Quiet as S&P 500 Nears Record
Stock index futures were quiet in early pre-market trading ahead of a similarly muted holiday shortened session. U.S. stock markets closed at 1 pm ET and bond markets close at 2 pm ET.The S&P 500 index managed to hold near a record following the thin holiday trading as investors parsed labor market data for additional clues on the Federal Reserve's interest rate path. The move in the benchmark index follows four-straight sessions of gains. The Dow also gained, while the tech-heavy Nasdaq 100 Index closed little changed.Initial jobless claims fell to 214,000 for the week ended December 20, which was below expectations, and continuing jobless claims rose 38,000 to 1.92M in the latest survey.On the commodities front, gold prices climbed to another record, above $4,500 an ounce, while silver and platinum prices also hit records and copper heads for a 40% annual gain.Get caught up quickly on the top news and calls moving stocks with this market wrap Fly By.STOCK NEWS:Intelshares slid afterthat Nvidiarecently tested out whether it would manufacture its chips using Intel's 18A production process, but stopped moving forwardSanofiagreed toof Dynavax Technologiesfor $15.50 per share in cash, reflecting a total equity value of $2.2BBPreached ana 65% shareholding in Castrol to Stonepeak, at an enterprise value of $10.1B, resulting in total net proceeds of $6BWALL STREET CALLS:NorthcoastCostcoto Buy with a $1,100 price targetRaymond JamesKB Hometo Market Perform following the company's "disappointing" Q4 reportComstock Inc.to Market Perform at Noble CapitalSpire Globalto Neutral from Buy at Alliance Global3. AROUND THE WEB:Ares Managementis open to buying a private equity firm in an attempt to bolster its leveraged buyout business,Bitcoin mining companies like Core Scientific, Cipher Mining, Iren, and CleanSparkhave transitioned to artificial intelligence data centers,Hondawill acquire LG Energy Solution's facilities and other assets from their joint battery plant in Ohio for approximately $2.9B,A federal judge has blocked a Texas law requiring companies that run mobile app stores, like Appleand Google, to verify ages of users,4. MOVERS:Agios Pharmaceuticalsincreased after thein anemia patientsEdgewise Therapeuticsgained afterfrom its Phase 2 EDG-7500 trialUiPathclosed higher after beingin the S&P 400 at the open on January 1, 2026Tesla (TSLA) fell afterthe NHTSA has opened a probe into the Model 3 vehicle over door release controlsBrandywine Realtyclosed lower after being picked toon the S&P 600INDEXES:The Dow rose 288.75, or 0.60%, to 48,731.16, the Nasdaq gained 51.46, or 0.22%, to 23,613.31, and the S&P 500 advanced 22.26, or 0.32%, to 6,932.05.
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- Market Cap Milestone: Samsung crossed the $1 trillion market cap on February 26, 2026, becoming the first South Korean company to achieve this milestone, and despite a subsequent drop to $779 billion, it is expected to regain its trillion-dollar status, indicating strong market resilience.
- Surging Memory Demand: The demand for Samsung's memory hardware, particularly RAM and DRAM, is extremely high due to AI needs, with TrendForce forecasting a 50%-55% increase in DRAM prices in Q1 2026, which will further drive revenue growth for Samsung.
- Strong Financial Performance: Samsung reported Q4 2025 revenue of 93.8 trillion won ($63.2 billion), a 23.7% increase year-over-year, with full-year revenue reaching 333.6 trillion won ($224.8 billion), up 28%, showcasing its robust performance in the memory market.
- Significant Profit Growth: Samsung's earnings per share grew by 33.4%, with a net profit margin of 13.6%, and its memory segment became the fastest-growing revenue source, accounting for nearly one-third of total revenue in 2025, indicating continued profitability enhancement in the future.
- Rivian's Financial Struggles: In Q4 2025, Rivian reported total revenue of $1.29 billion, a 25% decline year-over-year, with automotive revenue plummeting 45%, indicating significant pressure on its core business, although its software and services segment grew 109% to $447 million, reflecting efforts towards revenue diversification.
- Tesla's Delivery Decline: Tesla delivered 418,227 vehicles in Q4 2025, a 16% year-over-year drop, with total deliveries for the year down about 9% to 1.63 million; however, Tesla maintains market competitiveness with a diversified business model and strong cash flow, generating $6.2 billion in free cash flow in 2025.
- Valuation Pressure: Tesla's market capitalization stands at approximately $1.5 trillion with a net income of only $3.8 billion, indicating high investor expectations for future software and automotive sales recovery, while Rivian's net losses reached $3.6 billion, highlighting its need for improved profitability.
- Future Growth Potential: Despite challenges, Tesla's energy storage segment achieved a record deployment of 14.2 gigawatt-hours in Q4, a 29% year-over-year increase, while Rivian anticipates deliveries between 62,000 and 67,000 units in 2026, showcasing differing strategies for future growth potential.
- Significant Revenue Growth: Oracle's revenue surged 22% year-over-year to $17.2 billion in its fiscal 2026 third quarter, driven by an 84% increase in cloud infrastructure revenue to $4.9 billion, highlighting the company's robust performance in the AI-driven cloud market.
- Improved Profitability: Adjusted operating income rose 19% to $7.4 billion, while adjusted earnings jumped 21% to $1.79, exceeding Wall Street's estimate of $1.69, alleviating investor concerns about potential short-term earnings impacts from rapid data center expansion.
- Optimistic Future Outlook: Oracle projects revenue and adjusted earnings-per-share growth of 19% to 21% and 15% to 17%, respectively, for the fourth quarter, with revenue expected to reach $90 billion in fiscal 2027, up from $67 billion in fiscal 2026, reflecting strong confidence in future growth.
- Strong Market Demand: CEO Clay Magouyrk emphasized that demand for AI infrastructure continues to exceed supply, particularly for GPUs and CPUs, indicating Oracle's significant position in the rapidly evolving AI market, which will further drive performance growth.
- Oil Price Surge Impacts Market: Despite the IEA's decision to release 400 million barrels from strategic reserves to address supply disruptions in the Strait of Hormuz, oil prices rose by 4.6%, exerting downward pressure on the stock market, particularly amid the ongoing conflict in Iran.
- Limited Impact from Inflation Data: February's CPI rose 2.4% year-over-year, with core CPI at 2.5%, which, while close to five-year lows, remains above the Fed's 2% target, leading to a muted market reaction and reflecting investor concerns over future inflation pressures.
- Mixed Performance in Tech Stocks: Following Oracle's strong AI demand announcement, tech stocks received a boost with Oracle's shares rising over 9%, yet other tech stocks like IBM and Microsoft saw slight declines, indicating ongoing uncertainty in investor confidence within the tech sector.
- Private Credit Market Struggles: JPMorgan Chase's restriction on lending to private credit funds has led to an exodus of investors from the $1.8 trillion sector, exacerbating market uncertainty and negatively impacting overall stock performance.
- Stable Inflation Data: The US February CPI rose 2.4% year-over-year, with core CPI at 2.5%, indicating persistent inflation pressures that remain above the Fed's 2% target, potentially influencing future monetary policy decisions.
- Private Credit Market Constraints: JPMorgan Chase's restriction on lending to private credit funds hampers the $1.8 trillion private credit market amid investor exodus, which could exacerbate financial difficulties and impact overall market confidence.
- Mixed Tech Stock Performance: While Oracle surged over 10% due to strong earnings, other tech stocks like Amazon and Microsoft declined, indicating uneven support for the tech sector and potentially affecting investor sentiment towards technology investments.
- Oil Price Surge Impacting Markets: Oil prices rose by 4%, and despite the IEA's decision to release 400 million barrels from strategic reserves to address supply shortages, market reactions were muted, reflecting cautious investor sentiment regarding the oil market outlook.

New Intel Processors Released: Intel has launched the Core Ultra 7270K and Core Ultra 5250K processors, which are now available for purchase.
Pricing Information: The starting prices for the new processors are set at $299 for the Core Ultra 7270K and $199 for the Core Ultra 5250K.










