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U.S. stock futures declined on Wednesday following Tuesday’s mixed close. Futures of the major benchmark indices were lower amid the ongoing Iran-U.S. war.

Investors are eyeing February CPI data, with consensus expecting both headline and core to be roughly 2.5% year-over-year.

Iran struck U.S. bases across five Middle Eastern nations, while a projectile hit ignited a cargo ship in the Strait of Hormuz, forcing its evacuation. On Tuesday, President Donald Trump warned Iran not to place naval mines at Hormuz, threatening severe military retaliation if such activity were confirmed.

Meanwhile, the International Energy Agency (IEA) has proposed its largest-ever emergency release of oil reserves to curb soaring crude prices, exceeding the 182 million barrels released by member countries after Russia's full-scale invasion of Ukraine.

The 10-year Treasury bond yielded 4.16%, and the two-year bond was at 3.59%. The CME Group's FedWatch tool‘s projections show markets pricing a 99.4% likelihood of the Federal Reserve leaving the current interest rates unchanged in March.

The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 and Nasdaq 100, respectively, were lower in premarket on Wednesday. The SPY was down 0.11% at $676.45, while the QQQ declined 0.10% to $607.15.

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Transcript
00:07all right uh futures in the red slightly here today and that was after being up slightly in
00:15the morning so we're uh jostling around here a little bit it is worth noting that we are
00:20up off of the morning lows s&p futures down 0.1 percent or one tenth dow futures down 0
00:27.18 percent
00:28and the nasdaq futures down 0.12 percent so all pretty much around unchanged and up off the lows
00:34but when i first sat down we were in the green and looks like we are oscillating a little bit
00:39here
00:39prior to the open uh let's take a look at some cues from last session shall we only communication
00:45services and information technology sectors rose slightly on tuesday whereas other s&p 500 sectors
00:52declined amid a mixed close investors are eyeing the february cpi data with consensus expecting both
01:02headline and core to be roughly 2.5 percent year over year we'll bring that to you as soon as
01:07that
01:08print comes out iran struck u.s bases across five middle eastern nations while a projectile hit uh
01:15ignited a cargo ship in the strait of hormuz forcing its evacuation on tuesday president trump warned iran
01:22not to place naval mines at hormuz threatening severe military retaliation of such activity
01:28were confirmed as i understand it we've had mine sweepers in that area for the last 35 years
01:33meanwhile the international energy agency or the iea has proposed the largest ever emergency release of
01:41its oil reserves to curb the soaring crude prices exceeding the 152 million barrels released by member
01:47countries after russia's full-scale invasion of ukraine i saw on cnbc earlier before we went on
01:53that that figure was actually 400 million barrels although i haven't seen that anywhere else uh seemed
02:00like that reporting was pretty spot on so uh maybe that's the number let me take a quick look here
02:04at
02:05crude crude's actually up 4.2 percent holding just shy of 87 on the futures the 10-year treasury bond
02:13yielded 4.16 percent and the two-year bond was at 3.59 percent and as mentioned it's a shoo
02:20-in that we
02:20are not going to have any change at the march meeting uh for the fed per the cme fed watch
02:27tool
02:27now we have several stocks in focus for you here today and the first one is an obvious one it's
02:32going
02:32to be oracle this was the big earnings print of the night last week and oracle posted a good number
02:38as we expected and the market is rewarding that here this morning it's able to actually hold its gains
02:45did hit a high of 169.38 in the after hours yesterday it's currently at 164.67 here today
02:51so we'll see if oracle gives back any of its gains uh or if it's able to continue to trade
02:57higher here
02:58it did jump 10.71 percent in the pre-market on wednesday following upbeat financial results for the
03:03third quarter of fiscal 2026 on tuesday after the market closed that print is as follows eps excuse
03:10me adjusted eps of 196 to 2 that was versus the 195 estimate so a slight beat there uh and
03:17they see
03:17sales um of 18.925 billion to 19.24 billion that was versus the 19.122 billion estimate they affirm
03:26the full year sales guidance for 2026 at 67 billion and they see full year 27 sales at 90 billion
03:34that was versus the 86.632 billion estimate the next stock on our list is going to be domo and
03:40the
03:40ticker is domo d-o-m-o it soared 52.05 percent following the company's fourth quarter fiscal 2026
03:48earnings release um it reported earnings of three cents per share which was well above the expected
03:56loss of 17 cents per share this represents a beat of 117.65 percent over the estimate
04:05the next stock on our list is a decent one it's decent holdings and the ticker on this one is
04:09dxst it
04:10rose 6.37 percent as its subsidiary sun care signed an agreement with a regional senior care operator
04:17to expand its ai-enabled community health care network in china the next stock on our list is
04:24going to be cosmos energy and the ticker on this one is kos it plunged 15.35 percent after pricing
04:32a
04:32public offering of 97 and a half million uh common shares at 190 per share on tuesday generating gross
04:39proceeds of 185.25 million aero environment is the last stock on our list here today this is ticker
04:49avav and it dropped 9.28 percent after lowering its full year guidance following a third quarter miss
04:55there was also a write-off as competition for drones is expanding and the u.s government may not
05:02pay uh aero environment as much money so there's two things that we should watch here today number
05:09one is there a sympathy play in other drone names because of the miss and the move down
05:14or is the market looking through that and saying well one of the reasons it's down is because it
05:18might be losing business to other drone companies remember we saw umac really spike yesterday we've
05:24seen andas with a lot of news recently and we've seen another small guy like our cat hold pretty
05:29steady so it definitely bears watching some of the other drone stocks on the back of this earnings print
05:35so
05:42you
05:43you
05:45you
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