00:07all right futures in the green across the board ahead of friday's open this is actually something
00:14that we've seen a number of times even when weeks are weak the friday ends up being a fairly decent
00:21session and if the pre-market futures are any indication that's what's on deck here today
00:25s&p futures up 0.35 percent and they have bounced nicely from the 66 40 level in the pre
00:30-market
00:31dow futures up 0.37 percent and the nasdaq futures up 0.34 percent let's take a look at some
00:39cues from
00:39last session here it was a doozy uh energy and utilities closed higher on thursday while
00:47industrial consumer discretionary health care and it sectors tumbled dragging the broader indices down
00:56investors await the delayed january personal consumption expenditure data today which is
01:02the federal reserve's preferred gauge of inflation so we'll see if these green arrows thus far can
01:07hold after we get that data print here in about 23 minutes meanwhile president trump in a true social
01:13post warned iran saying quote watch what happens to these deranged scumbags today end quote after the
01:19iran supreme leader warned that the strait of hormuz would remain closed on thursday
01:23cool story bro well the irgc signaled potential retaliation against israel's leviathan and karish
01:30cast fields these threats to regional energy infrastructure coincide with the confirmed
01:36crash of a u.s kc-135 refueling plane in iraq and reports of explosions in dubai following a drone
01:43interception the 10-year treasury bond yielded 4.28 percent and the two-year bond was at 3.76 percent
01:50as mentioned it is a certainty at this point at least based on the cme fed watch tool that we
01:55do
01:55not move interest rates at all next week in the march meeting now we've got several stocks in focus
02:02for you here today and the first one is without a doubt the biggest one this is going to be
02:06adobe
02:07ticker on this one is adbe and it dropped 9.02 percent in the pre-market on friday despite reporting
02:14upbeat financial results for the first quarter of fiscal 2026 after the market closed yesterday
02:19however ceo shantanu narian decided to transition from his ceo role after a successor had been
02:28appointed also by the way adobe's q1 eps of 606 beat the 587 estimate sales of 6.398 billion beat
02:38the
02:38estimate of 6.276 billion they see q2 adjusted eps of 580 to 585 that was versus a 565 estimate
02:47and they see sales of 6.43 to 6.48 billion that was versus the estimate of 6.425 billion
02:54so
02:54a little bit of a hike there adobe also affirms fiscal year 26 adjusted eps guidance of 2330 to 2350
03:01that was versus the 2350 estimate so that's in line they affirmed full year 26 sales guidance of
03:0725.9 million to 26.1 excuse me billion 25.9 billion uh to 26.1 billion that was versus
03:16the
03:16estimate of 26.025 billion so again that one is in line there for adobe the next stocks on our
03:22list
03:23are actually a theme a trio if you will and they're all related to the same uh or to the
03:28same happenings
03:29they're as part of the same theme fertilizer stocks like mosaic ticker mos cf industries ticker cf
03:36and nutrien ticker ntr all advanced amid concerns that the ongoing closure of the strait of hormuz will
03:44limit exports from key middle east producers saudi arabia and the united arab emirates impacting
03:49fertilizer supply prices worldwide the next stock on our list is going to be power technology that's
03:57ticker par it plunged 22.08 percent after it announced the pricing of a private offering of
04:03250 million in four percent convertible senior notes that are due in 2031
04:09the next stock on our list is probably the second biggest earnings report of the day yesterday this
04:14is ulta beauty and the ticker on this one is ulta it tumbled 10.81 percent despite posting better than
04:21expected earnings for the fourth quarter however it expects fiscal 2026 gap eps of 2805 to 2855
04:28versus the 28.38 estimate so that's likely uh the reason for the move down there the last stock on
04:35our list is going to be zoomies that's ticker z-u-m-z and it fell 8.07 percent regardless
04:42of
04:42reporting upbeat earnings for the fourth quarter on thursday but the company said it sees first quarter
04:47gap loss of 87 cents to 77 cents per share versus market estimates of a loss of 75 cents per
04:54share
04:56so
05:02you
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