Here’s what’s happening in the stock market today:
The stock market is opening higher today amid optimism ahead of Nvidia's highly anticipated earnings report after the bell, following President Trump's State of the Union address last night. 📈🔍 Futures indicate modest gains, with Dow Jones up 0.25%, S&P 500 up 0.28%, and Nasdaq 100 up 0.37% in premarket trading, building on yesterday's rebound in tech and software stocks.
Major Indices Performance 📊
Dow Jones futures are up 0.25% at around 49,357, signaling a positive start after yesterday's 0.8% gain to 49,174.
S&P 500 futures rose 0.28% to 6,923, extending the prior session's 0.8% advance to 6,890.
Nasdaq futures climbed 0.37% to 25,120, supported by yesterday's 1.0-1.1% jump to 22,863 amid AI sector relief.
Market Movers 🚀
Premarket gainers include Circle Internet (CRCL) up 16-18% on strong Q4 revenue and USDC growth, Axon Enterprise (AXON) +15-16% after upbeat 2026 guidance, and Cava Group (CAVA) +9-11% on solid comp sales outlook.
Notable losers feature GoDaddy (GDDY) down 9-10% on weak AI adoption and revenue guidance, First Solar (FSLR) -17%, and Workday (WDAY) -9% amid AI competition concerns.
Key Events Driving the Market 🗞️
Nvidia (NVDA) reports fiscal Q4 earnings after close, with expectations for $1.53 EPS and $65.7B revenue, seen as a key AI demand gauge amid recent sector volatility.
President Trump's State of the Union highlighted tariff policies despite Supreme Court setbacks, economic strength, and inflation decline, fueling mixed reactions on trade and volatility risks.
Broader factors include new 10% import tariffs (potentially rising to 15%), elevated Treasury yields tied to oil shocks, and gold steady near $5,146 amid dollar strength and safe-haven bids.
Investor Sentiment 👀
Investors appear cautiously optimistic, balancing AI hype with tariff uncertainties and Nvidia's report, as yesterday's rebound treated recent AI disruption fears as a temporary stress test rather than a trend reversal. Trading volume was subdued yesterday, with focus shifting to policy signals from Trump's speech and potential post-earnings volatility. 🐂⚖️
TRADE OF THE DAY:
META
Name: Meta Platforms, Inc.
Symbol: META
Current Price: ~$639.30 (latest trading)
Trade
Sell to Open: 1 META Mar 11, 2026 690/695 Call Vertical
Total Credit Received: $69.00
Credit per Contract: $69.00
Direction: Bearish (call credit spread)
Probability of Profit (PoP): 87.14%
Potential ROI:
Max Risk (Loss): $431.00
ROI: ($69 ÷ $431) × 100 ≈ 16.0%
Trade Explained in Simple English:
You’re selling one bearish call vertical on META that expires March 11, 2026, by selling the 690 strike call and buying the 695 strike call. You collect $69 upfront as credit. For this trade to profit, Meta’s share price needs to stay below roughly $690.69 by expiration; if it does, both options expire worthless and you keep the credit. Your maximum loss is limited to $431 if the stock rises above $695 at expiration.
Wall Street Highlights:
News Beyond the Numbers
Anthropic launched a new plugin ecosystem and enhancements to its Cowork platform, enabling enterprises to build AI agents tailored to specific business workflows with privacy controls. Read more.
JPMorgan forecasted a mid-teens percentage jump in first-quarter investment banking fees from strong deal pipelines and broad-based M&A activity expected to withstand market volatility.Read more.
U.S. asset manager Nuveen agreed to acquire UK-based Schroders for $13.5 billion, creating a combined firm with nearly $2.5 trillion in assets under management.Read more.
Novo Nordisk announced it will cut U.S. list prices for Ozempic and Wegovy by up to 50% starting January 2027, reducing monthly costs to $675 for both drugs.Read more.
Meta Platforms revealed a $100 billion deal to purchase AI chips from AMD, sparking recovery in tech shares after a prior AI-related selloff.Read more.
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