Updated
Updated · Stocktwits · Aug 6
Nasdaq Futures Slip 0.3% as Earnings Misses Offset Dow and S&P Gains
Updated
Updated · Stocktwits · Aug 6

Nasdaq Futures Slip 0.3% as Earnings Misses Offset Dow and S&P Gains

3 articles · Updated · Stocktwits · Aug 6

Summary

  • Nasdaq futures fell 0.3% by 4 a.m. ET Thursday, while Dow futures rose 0.2% and S&P 500 futures added 0.1%, leaving the broader premarket picture mixed.
  • Figma's 14% drop, Sandisk's 9% slide and scrutiny of Meta's AI systems weighed on tech sentiment, even as SoundHound jumped 24%, IonQ gained 10% and Moderna rose more than 3%.
  • Weekly jobless claims due later Thursday and Friday's payrolls report are the next key tests for markets after Fed Governor Lisa Cook said she could back further rate hikes if inflation stops moderating.
  • Middle East developments also stayed in focus, with Trump saying the U.S. is still talking with Iran and reports pointing to a possible Iran-Oman understanding over the Strait of Hormuz.

Insights

As AI drives tech layoffs while overall job cuts hit a two-year low, is the labor market cooling or fundamentally evolving?
With millions of SpaceX shares unlocking tomorrow, will insiders trigger a massive sell-off or spark a historic short squeeze?
Can AMD's new Helios AI system truly dethrone Nvidia, or is the AI hardware market already heavily monopolized?