As the US market gears up for another trading day, several key stocks are making waves in pre-market trading. Let’s dive into the movers and shakers ahead of the opening bell:

Major Indices:

• ES (S&P 500 Futures): +0.3%
• NQ (Nasdaq Futures): +0.4%
• RTY (Russell 2000 Futures): +0.4%

These positive moves suggest a strong start for the US markets, with all three major indices showing gains.

Top Performers:

• JPMorgan Chase (JPM) +0.7%
  JPMorgan posted a solid earnings report, with earnings per share (EPS), revenue, and net interest income (NII) all exceeding expectations. The bank also provided a more optimistic FY25 NII outlook, surpassing analyst forecasts.
• Goldman Sachs (GS) +2%
  Goldman Sachs impressed with a stellar earnings report, as all major financial metrics surpassed Wall Street estimates. Investors are responding positively to the strong performance.
• Wells Fargo (WFC) +3.5%
  Wells Fargo’s earnings and NII also exceeded expectations, with the bank offering a more favorable 2025 NII outlook. The strong results have led to a sharp increase in the stock price.
• BlackRock (BLK) +2.5%
  BlackRock delivered a strong quarter, with both EPS and revenue beating consensus estimates. Investors are reacting positively to the firm’s impressive performance in the market.
• Bank of New York Mellon (BK) +2.5%
  BNY Mellon also reported strong results, with EPS, revenue, and net interest margin (NIM) all exceeding expectations. The bank’s strong financial performance has led to an uptick in stock price.
• Microsoft (MSFT) +0.2%
  Microsoft saw a slight uptick in pre-market trading despite news of layoffs across several teams. The layoffs are described as small, but still noteworthy in terms of potential impact on the company’s workforce.
• Samsung Electronics (SSNLF) Flat
  Samsung’s stock is flat as the company scales back NAND wafer production at its Xi’an factory by over 10%. The move is aimed at stabilizing prices amid a global oversupply of semiconductors.
• Intel (INTC) Flat
  Intel’s stock is holding steady as the company announces that Intel Capital will become a standalone investment fund in 2025. This restructuring is seen as a strategic move to focus on its investment portfolio.

Social Media & Global News:

• TikTok Deal Rumors
  In the world of social media, Chinese officials are reportedly considering involving Elon Musk to broker a deal for TikTok’s US operations. This potential development has sparked intrigue among investors and could have far-reaching implications for both TikTok and Musk’s various ventures.

As we head into the trading day, these pre-market moves are shaping up to be an exciting start. Investors are clearly focused on the financial sector, with big banks like JPMorgan, Goldman Sachs, Wells Fargo, BlackRock, and BNY Mellon leading the way with impressive earnings reports. Meanwhile, tech stocks like Microsoft, Samsung, and Intel are facing their own unique challenges and opportunities.