US stock futures rise, market sentiment warms

U.S. stock futures rose and market sentiment warmed up. On August 5, 2025, as the market rebounded after last week's sell-off, U.S. stock market futures showed an upward trend before the opening. Nasdaq futures rose 0.4%, while S & P 500 futures rose 0.3%, while Dow Jones industrial index futures were little changed. Bitcoin prices were near stable at about $115,000, with the yield on the 10-year U.S. Treasury bond rising, while oil and gold prices fell.

Palantir's performance exceeded expectations and shares soared before the market

Palantir(PLTR) shares rose more than 6% in pre-market trading as its second-quarter results exceeded market expectations and raised its sales outlook. The company reported adjusted earnings of 16 cents per share, and revenue rose 48% year-on-year to a record $1 billion. Commercial business nearly doubled year-on-year, and U.S. business grew by 68%. The company expects third-quarter sales to reach US$1.08 billion to US$1.09 billion and full-year revenue to be US$4.14 billion to US$4.15 billion, both higher than analysts 'estimates.

AMD will announce second-quarter earnings after hours

Advanced Micro Devices(AMD) will announce second-quarter earnings after the close today. Analysts forecast the company's adjusted earnings per share of $0.48, and revenue is expected to increase 27% year-on-year to $7.43 billion, driven mainly by strong data center sales. AMD has warned that China chip export restrictions may affect performance, but the company said it plans to restart MI308 chip exports after obtaining final approval from U.S. authorities.

TSMC discovered that trade secrets were leaked and has fired employees

Taiwan Semiconductor Manufacturing Company (TSMC) reportedly discovered the leakage of trade secrets related to advanced processes and took disciplinary action against the employees involved. Multiple media reported that TSMC stated that its comprehensive monitoring procedures allow it to detect problems in a timely manner and conduct internal investigations. Nikkei Asia reported that the company fired several employees who tried to obtain proprietary information on the development of 2-nanometer chips.

Vertex drug development fails, stock price drops sharply

Vertex Pharmaceuticals(VRTX) shares fell 14% in pre-market trading after the company announced it would end development of its VX-993 painkiller and test results missed targets. Although second-quarter results were better than expected, with adjusted earnings per share and revenue exceeding forecasts, the news put pressure on stock prices.

Trump's Tariff Policy and Market Reaction

U.S. President Trump plans to significantly increase tariffs on India on August 7 because of its purchase of oil from Russia. India responded that it was "targeted" by the United States and the European Union and criticized its trade with Russia. The European Union said it would suspend its planned U.S. tariffs for six months to allow further negotiations and complete a joint statement on a trade agreement. These policy developments may have an impact on market sentiment in the short term.

in summary

To sum up, the market sentiment before the opening of U.S. stocks today was generally optimistic, mainly affected by corporate financial performance and policy news. However, investors still need to pay close attention to upcoming economic data and policy developments to assess the future trend of the market.