00:00futures mixed here this morning s&p futures turn negative they're actually down from their
00:10pre-market highs s&p futures down 0.24 percent as we speak dow futures barely holding on to green
00:17up 0.03 percent and the nasdaq futures down 0.44 percent it is worth noting that all of these
00:24future charts are lower from the pre-market high that they put in during the overnight session
00:29so mixed across the board we'll see how we open up here let's take a look at some cues from last
00:36session sectors gaining on monday included consumer discretionary communication services
00:42and information technology which posted the biggest increases while consumer staples and
00:47real estate bucked the positive market trend closing lower the u.s senate passed a 60 40 vote
00:55with support of nearly all of the chambers republicans thanks rand paul and eight common
01:00sense democrats the bill will now proceed to the house of representatives and has to later be signed
01:06by president trump and signed into law the bond market will remain closed for veterans day according
01:12to the securities industry in the financial markets the cme group's fed watch tool projections show
01:17markets are pricing in 63.7 percent likelihood of the federal reserve cutting the current interest
01:24rates in the december meeting i believe after the last meeting we saw the cme fed watch tool immediately
01:31say 68 percent it's jostled between now and then but now we find ourselves at just about 64 percent so
01:38pretty much in line with where we were right after we got the cut i know there was a lot of hoopla back
01:44and forth about oh my gosh are we not going to get a cut in december when does the next cut happen
01:48the whole nine yards but the percentage here from the cme watch tool very very close to what it was
01:55the day that we heard from powell we do have some more stocks in focus here the first one's going to be
02:02nvidia nvidia slipped 1.31 percent in pre-market on tuesday after softbank revealed that it sold its
02:09entire stake in the u.s chip maker for 5.83 billion now first things first this is a tremendous gain
02:16here for softbank so congratulations uh on the successful humongous trade the bigger note here is
02:24is this the start of rotation some of the things that we have been discussing as a group have been
02:29eventually there are going to be investors that rotate out of some of these high flyer names like
02:35nvidia also think palantir while you're on that uh while you're on that route and now we're seeing
02:40softbank liquidate its entire stake and that money is likely to rotate elsewhere so it's not necessarily
02:46something to be afraid of but if this happens more and more what does that mean overall for tech
02:51and perhaps more specifically the ai trade be interesting to watch this and i'm curious to get your
02:56focuses of feelings on what the softbank liquidation means if anything next stock on our list here is
03:03going to be big bear ai that's ticker bba i that surged 20.32 percent as it reported revenue of 33.14
03:12million which beat the estimate of 31.82 million and a third quarter loss of three cents per share which
03:18beat the expectations of seven cents loss per share so bba i having a nice morning here today
03:25rocket lab is the third stock on our list here that's ticker rklb that soared 9.5 percent after
03:32it posted revenue of 155.05 million beating the consensus of 151.75 million and a third quarter loss
03:41of three cents per share which beat the analyst estimate loss of 11 cents per share so rocket lab
03:46also trading up here today we'll see if that has any impact on any of the other space stocks that we've
03:51trading quite often around here the next stock on our list here is going to be paramount skydance
03:56this is ticker p s k y that gained 4.92 percent despite missing its third quarter earnings but it
04:03said it expects an additional 1 billion in merger savings also it announced a new round of layoffs that
04:09will affect around 1600 employees and said it plans to raise the price of its paramount plus streaming
04:15service in the first quarter of next year how many of you have paramount plus um and what's the big
04:22draw to paramount plus what's the content on there that you're after curious about that one live person
04:29is the next stock on our list here that's ticker lpsn that jumped 12.79 percent after reporting better
04:36than expected results and raising its full year 25 sales guidance the company said it now sees fiscal year
04:422025 sales of 235 235 million excuse me to 240 million that's up from the previous outlook of 230
04:50to 240 million lpsn uh uh maintains a weak price trend over the short medium and long term with a poor
04:59growth score part of me wonders when and if this stock is going to turn around last stock here on our list
05:06is going to be outset medical this is ticker om that tumbled 25.68 percent after reporting worse than
05:14expected third quarter financial results and cutting its full year 25 sales guidance below estimates so om
