ET 09:46

Premarket Outlook: Tech Weak, AI Spend, Crypto Rebound, AMZN, STLA, and Earnings Impact

IMP4.0
SNT-0.5
CONF50%
Earnings

[Para 1: The Lead] U.S. stock futures point to gains as investors seek to end a volatile week; the Dow, S&P 500, and Nasdaq premarket indices are up 0.6% and 0.7%, respectively. Bitcoin rebounds from a 2024 low as broader risk aversion eases, trading at $67,300 after touching $60,000. Auto and tech sectors face key earnings and strategy updates. [Para 2: Supporting details & Context] Amazon (AMZN) shares are down 8% after reporting earnings below consensus and unveiling up to $200B in 2026 capital expenditures, including significant AI spending. Stellantis (STLA) is off 26% amid a $26B charge through H2 2025 to reset its EV strategy, signaling a potential 2025 net loss and a sale of its 49% stake in the NextStar Energy joint venture. [Para 3: Additional context] Crypto stocks are firmer as BTC recovers; Strategy (MSTR) +7%, Robinhood (HOOD), Coinbase (COIN), and Mara Holdings (MARA) all higher. In earnings: Reddit (RDDT) +8% on a $1B buyback plan, Roblox (RBLX) +10% on strong guidance, and Coty (COTY) -13% after撤回 full-year outlook and CEO transition.

EditorTan Wei Jie