【US Pre-Market】Nvidia Earnings Due Tonight; Software Stocks Fall Broadly as Intuit Tumbles Nearly 12%
TradingKey·- US stock index futures traded mixed in pre-market on August 26 as investors remained cautious ahead of Nvidia's earnings report and core PCE inflation data. - Software stocks fell broadly, with Intuit tumbling nearly 12% due to weak fiscal 2027 guidance and Zoom dropping over 6% despite beating Q2 expectations. - Key market news included Canada announcing retaliatory tariffs on US goods worth approximately C$27.6 billion and SoftBank considering issuing up to $20 billion in bonds.Rocket Lab Stock: Launch This Bear Put Spread That Aims For A $295 Profit
Investors Business Daily·Nvidia Q2 Preview: SpaceX Is Becoming the 'Fifth Horseman,' Gene Munster Says
benzinga_article·- Nvidia is scheduled to report its second-quarter financial results with analysts expecting revenue of $92.01 billion and earnings per share of $2.09. - Deepwater Management managing partner Gene Munster predicts Nvidia will beat expectations by 4 % and raise October revenue guidance by 3 %. - Munster notes that SpaceX is emerging as a major customer and could become Nvidia's fifth major data center client alongside Amazon, Google, Meta, and Microsoft.