00:08all right futures red across the board here today nasdaq actually just dipping into the red that
00:15was green a little bit earlier s&p futures down 0.19 the dow futures down 0.40 and the
00:22nasdaq
00:23now down 0.09 again that actually came from green territory about an hour ago so we'll see if any
00:32of
00:32these bounce here today we've seen bounces quite a bit all right let's take a look at some cues from
00:41last session here let me get this all queued up for you energy and information technology stocks
00:46bucked the overall market trend on monday closing the session higher while most sectors on the s&p
00:52500 closed on a negative note with utilities consumer discretionary and real estate stocks
00:57recording the biggest losses u.s stock futures fell a little bit on tuesday after a record close on
01:03monday starting the month of june on a positive note remember we also had inflows yesterday for
01:09being the first of the month president trump appeared unfazed by the possibility of negotiations
01:14collapsing with iran quote i really don't care i couldn't care less end quote trump told cnbc when
01:21he was asked about reports suggesting that iran may halt talks with washington also he predicted
01:27that crude would soon be quote dropping like a rock end quote gasoline would plummet to 185 a gallon
01:34once the crisis resolves meanwhile the 10-year treasury bond yielded 4.43 percent and the two-year bond was
01:41at 4.02 percent cme groups fed watch tool projections show that the markets are pricing in a 98.4
01:48percent
01:49likelihood that the federal reserve leaves the current interest rates unchanged during the june meeting
01:54now i've got several stocks in focus for you here today the first one is going to be hewlett-packard
02:02this is ticker hpe so this is hewlett-packard enterprise it surged 26.6 percent in the pre-market
02:10on tuesday after it reported higher than expected second quarter results after the market close
02:14company's eps came in at 79 cents that was ahead of consensus at 53 cents and it posted revenue of
02:2110.68 billion which beat the estimate of 9.79 billion the next stock on our list is going to
02:28be google or alphabet the ticker here is g-o-o-g or g-o-o-g-l and uh
02:35it was 2.48 percent lower as
02:38the google parent company announced plans to sell stock worth 80 billion including a 10 billion
02:45investment by berkshire hathaway ticker brk slash a brk slash b and they did this to raise money for
02:52the ai build out so it was an 80 billion dollar offering 10 billion of that was actually a private
02:58placement with berkshire that's why it's moving down and i actually have a story for you and some
03:03more opinion on that coming up here but they're doing it to raise money for the ai build out now
03:10you could look at this two ways if that goes well probably not going to hurt the stock in the
03:14long
03:15run if they raise this money and the ai build out slows down or fizzles at all that's where we
03:20might
03:20see problems too early to say just yet the next stock on our list is going to be super micro
03:27computer
03:27and the ticker is smci advanced 5.06 percent as it is a direct hpe rival in the high density
03:36ai server
03:36market the sympathy moves underscore the market's view that hpe's ai driven demand surge isn't
03:43company specific rather it is a sector-wide tailwind the next stock on our list big show winner
03:51marvel ticker is mrvl and it soared 25.32 percent as nvidia ceo jensen wong said it was quote the
04:01next
04:01trillion dollar company end quote at the computex conference in taipei taiwan the final stock on our
04:10list is going to be palo alto networks the ticker on this one is panw and it was 0.28
04:16percent lower as
04:17analysts expect it to report earnings of 78 cents to 81 cents on revenue of 2.94 billion and that
04:24comes
04:25after the closing bell today
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