00:07futures in the green here ahead of wednesday's open let's hope that's not an april oh i have
00:14to share my screen sorry about that uh let's hope that's not an april fool's joke here let's hope
00:18that we can hold it uh s&p futures up 0.85 percent dow futures up 0.78 and the
00:26nasdaq futures leading
00:27the way higher 0.13 it's also worth noting that oil futures down 2.81 here today so we see
00:34a
00:34continuation of the market trading up along with oil trading down uh let's take a look at some cues
00:41from last session here scroll down and grab that here communication services consumer discretionary
00:50and information technology stocks led the s p 500's tuesday gains though energy and the
00:57utilities sector ended up closing lower in the latest on the u.s iran war president trump said
01:06the u.s could end its military campaign quote within two or three weeks end quote noting that iran would
01:12not need to agree to any terms for the withdrawal to proceed additionally iranian president masoud
01:19peshakian stated that iran is open to ending hostilities but only if it receives formal security
01:26guarantees against future attacks white house press secretary carolyn levitt said that trump is
01:32scheduled to deliver a televised address to the nation tonight wednesday 9 p.m eastern to provide
01:40an important update on the iran situation meanwhile the 10-year treasury bond yielded 4.27 and the two-year
01:48bond was at 3.76 the cme group's fed watch tool projections show the market's pricing in a 99.5
01:56percent likelihood of the federal reserve leaving the current interest rates unchanged in its april
02:01meeting now we've got several stocks in focus here for you today and the first one's going to be nike
02:06which is the big earnings report from yesterday it dropped 9.31 percent in the pre-market on wednesday
02:12despite reporting better than expected third quarter results amid a turnaround strategy
02:16nike's q3 eps of 35 cent beat the 31 cent estimate and sales of 11.279 billion beat the estimate
02:25of 11.236
02:26billion nike sees q4 sales of 10.65 billion to 10.87 billion that was versus the estimate of 11
02:35.23
02:36billion so a guide lower there and that's what's causing nike to sell off here today
02:40the next stock on our list is going to be restoration hardware ticker rh and it plunged 19.1
02:48after reporting worse than expected fourth quarter financial results and is an issuing fiscal year 26
02:54sales guidance below estimates rh q4 adjusted eps of 153 misses the 222 estimate sales of 842.62
03:04million missed the estimate of 873.32 million restoration hardware sees q1 sales of 781.34
03:13million to 797.63 million that was versus an estimate of 880 million rh sees fiscal year 2026 sales
03:23of 3.57 billion to 3.71 billion that was versus the estimate of 3.77 billion so this is
03:32a mark of the
03:33high-end consumer and it looks like the guidance here not great so we'll see if a wealth effect is
03:39maybe starting to creep in the next stock on our list is going to be encino and the ticker on
03:45this
03:45one is ncno it jumped 16.89 after the cloud banking software company reported strong fourth quarter
03:52with non-gap eps beating analyst estimates by nearly 147 percent and unveiling a hundred million dollar
03:59accelerated share repurchase program encino's q4 adjusted eps of 37 cent beat the 21 cent estimate
04:06and sales of 149.7 million beat the estimate of 147.82 million encino sees q1 sales of 154.5
04:16million to
04:17156.5 million that's versus the estimate of 152.64 million encino sees fiscal year 2027 sales of 639
04:26million to 643 million that was versus the estimate of 639.58 million the next stock on our list is
04:34beyond me ticker bynd and it dropped 10.21 percent after it missed revenue estimates its full year
04:43revenue of 275.5 million was lower by 15.6 percent year over year beyond meet q4 adjusted eps of
04:53a 29 cent
04:53loss missed the 13 cent loss estimate so they lost more than anticipated and sales of 61.589 million
05:01missed the estimate of 62.56 million beyond meet sees q1 sales of 57 to 59 million that was versus
05:08the estimate of 66.74 million so no good for beyond meet there uh the last stock on our list
05:15here is a
05:15stalwart it's at&t and the ticker is t it was down 0.76 percent as despite signaling a deal
05:21to invest about a
05:22billion dollars to approve the commerce department's first net and deliver 1 billion in cost savings
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