00:08All right, we've got a mixed bag here ahead of Thursday's open on the back of the NVIDIA earnings.
00:14We have S&P futures up by 0.41%.
00:17We have the Dow futures actually down by 0.02%, although that is basically at unchanged.
00:23So we're going to be real close to a potential red-green move if that trades up at all here
00:28in the pre-market
00:28or past the open.
00:30The NASDAQ is leading the way higher.
00:32That's higher by 0.92%.
00:34Now, this is off the overnight and morning high.
00:37So there is still some range to the upside here.
00:40Again, a lot of stuff going on with NVIDIA's earnings, CrowdStrike earnings, CRM earnings, Okta earnings,
00:46all of those stocks trading higher, and that is bringing the NASDAQ with it.
00:49So we'll see how that holds into the open and then how it trades here today.
00:52But so far, we've got green arrows there with the exception of the Dow, and it is barely red to
00:59begin with.
00:59Also worth checking in, crude is up slightly here today, up 0.3% plus 0.34%.
01:06We're back in an 82 handle.
01:08That briefly dipped into a 70 handle yesterday.
01:12We'll see if oil rebounds here today or if it maybe retests some of those lows.
01:18Now, let's take a look at some cues from last session as well as what we have on deck for
01:22you today.
01:22We also have stocks in focus for you, as we always do.
01:26Healthcare, communication services, and consumer discretionary stocks recorded the biggest losses on Wednesday
01:31as most S&P 500 sectors closed lower, though industrials and utilities bucked the market trend to finish higher.
01:38U.S. stock futures were mixed on Thursday as the Dow slipped a bit while the S&P and the
01:43NASDAQ indices rose
01:44following Wednesday's lower close.
01:48Qatari Prime Minister Sheikh Mohammed bin al-Rahman al-Tani is traveling to Tehran on Thursday
01:55to spearhead mediation efforts aimed at reviving negotiations.
01:59While the pause in fighting has held for nearly a month, no diplomatic breakthroughs have been reached.
02:04The U.S. reimposed a naval blockade against Iranian ports last month
02:08and enacted fresh economic sanctions following the alleged violations in the Strait of Hormuz.
02:14Meanwhile, the 10-year Treasury bond yielded 4.66 percent and the two-year bond was at 4.22 percent.
02:21The CME Group's Fed watch tool projections show markets pricing a 36.1 percent likelihood of the Federal Reserve
02:27hiking the current interest rates during its September meeting.
02:30Now, I've got several stocks in focus here for you today.
02:33The first one, you guessed it, that's going to be NVIDIA.
02:37Ticker NVDA jumped 7.32 percent higher in the pre-market on Thursday
02:41after reporting better-than-expected second-quarter earnings results and issuing strong revenue forecast for the third quarter.
02:47Also, that conference call was a whopper, and that is sending the stock higher here.
02:52The next stock on our list is going to be Salesforce.
02:55The ticker is CRM, and it gained 11.25 percent after beating top and bottom lines
02:59and posting its strongest net new annual order value, or AOV, growth in four years,
03:05while attrition remained near record lows.
03:10The next stock on our list is going to be CrowdStrike, and I'm glad these are both on the list
03:14because I get these tickers mixed up all the time.
03:16It's just a personal flaw.
03:17CrowdStrike Holdings, ticker CRWD, advanced by 8.36 percent after its second-quarter revenue of $1.47 billion
03:25beat the analyst estimates of $1.44 billion,
03:28and adjusted earnings of $0.31 per share beat the estimates of $0.29 per share.
03:34The next stock on our list is going to be HP, Inc., and the ticker on this one is HPQ.
03:39It dropped 8.81 percent despite posting upbeat results for the third quarter
03:44and raising its fiscal year 2026 earnings forecast.
03:48The last stock on our list is one that is going to report tonight.
03:51It is going to be Ulta, ticker ULTA, and it was marginally higher as Wall Street expects it
03:58to post quarterly earnings of $6.18 per share on revenue of $2.95 billion.
04:04That takes place after the closing bell today, along with Marvell.
04:11Thank you so much for joining us.
