[Pre-market analysis of U.S. stocks] U.S. stock futures rise, investors expect rebound (2025.08.04)
U.S. stock futures rise as investors look for a rebound, Palantir earnings get attention, Berkshire reports impairment losses, Amazon cloud business underperforms raises concerns, Boeing workers strike, cracks in U.S. job market, Asian markets mixed.
US stock futures rise, investors expect rebound
U.S. stock market futures rose after falling sharply on Friday as investors tried to recover losses. Nasdaq futures rose 0.7%, while S & P 500 and Dow Jones Industrial Average futures each rose about 0.5%. On Friday, all three major indices fell sharply due to President Trump's announcement of new tariff measures and a weak jobs report. At the same time, bitcoin prices remained unchanged, remaining above $114,000, the yield on the 10-year U.S. Treasury bond rose slightly, oil prices fell and gold prices rose slightly.
Palantir is about to announce highly anticipated earnings
Palantir Technologies(PLTR), one of the most watched stocks in 2025, will report second-quarter earnings after the close today. Palantir's share price has doubled this year, becoming one of the best performing companies in the S & P 500, mainly due to the widespread use of its AI software in U.S. government agencies. Analysts expect Palantir to report adjusted earnings per share of 14 cents and revenue to increase nearly 40% year-on-year to $939.6 million, according to a survey by Visible Alpha. Palantir shares rose 2% in pre-market trading.
Berkshire Hathaway reports impairment of Kraft Heinz stock
Berkshire Hathaway(BRK.A) reported on Saturday a second-quarter impairment loss of nearly $5 billion on Kraft Heinz shares. The conglomerate, led by legendary investor Warren Buffett, recorded the impairment loss after Kraft Heinz said it was evaluating potential strategic transactions to enhance shareholder value. Berkshire's operating profit fell nearly 4% year-on-year to $11.16 billion.
Amazon's cloud business underperforms and shares attract attention
Amazon(Amazon, AMZN) shares fell 8% last Friday as cloud business revenue fell short of expectations, becoming the focus of attention at the beginning of the week. Although Amazon Web Services 'revenue grew by nearly 18% year-on-year, both rival Microsoft and Google's parent company Alphabet saw cloud business revenue growth of more than 30%. Analysts at Jefferies said AWS's growth was disappointing, especially given the strong momentum from Microsoft and Google. Amazon shares rose 1.5% in pre-market trading.
Boeing defense workers strike
About 3200 workers at Boeing's defense facility in the St. Louis area began striking Monday morning after rejecting a four-year labor agreement from the aircraft manufacturer. The strike comes nearly two months after 33000 mechanics went on strike in the Pacific Northwest last year. Boeing recently reported sales that exceeded expectations, reduced losses and increased deliveries, but its share price fell slightly in pre-market trading.
Cracks appear in the U.S. job market
U.S. non-farm payrolls increased by 73,000 in July, lower than Dow Jones 'forecast of 100,000, and the unemployment rate rose 10 basis points to 4.2%. Employment data for May and June was revised down significantly. The data sparked market concerns about the U.S. economic outlook and prompted President Trump to fire Erika McEntarfer, director of the Bureau of Labor Statistics, accusing her of falsifying employment data before the election.
Asian markets are mixed, oil prices fall
Asian stock markets were mixed on Monday, with oil prices falling on increased supply. Trump's new tariff measures will take effect on August 7, which may further drag down U.S. recruitment activities, increase corporate costs and uncertainty, and in turn affect economic and market trends. Investors will pay close attention to this week's tariff developments and the financial reports of AI-related companies to judge the future trend of the market.
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