Pre-Markets Stay Buoyant on Trade-Deal Hopefulness
From Nasdaq: 2025-05-09 10:36:00
- Pre-market futures are on the rise as the White House announces progress on tariffs with the UK and China. The Dow is up 150 points, the S&P 500 is up 25 points, and the Nasdaq is up 110 points.
- Satellite telecom provider EchoStar (SATS) reported a narrower-than-expected loss of $0.71 per share, beating revenue estimates with $3.87 billion. Shares are up over $24.50 in early trading.
- Wireless data communication supplier Ubiquiti (UI) saw a strong fiscal Q3 beat with earnings of $3.00 per share and revenues of $664 million, up +61% and +8% respectively.
- Soho House & Co. (SHCO) is up 7% after reporting a huge earnings beat of $0.04 per share and revenues of $282.86 million in Q1.
- Next week, expect economic data releases including CPI, PPI, Retail Sales, and more. Companies like Toyota (TM), Cisco (CSCO), Walmart (WMT), D-Wave Quantum (QBTS), and Oklo (OKLO) will also be reporting.
- Zacks’ Research Chief highlights a stock set to double with innovative financial solutions and a fast-growing customer base. Download the free report for more top stock recommendations.
Read more at Nasdaq: Pre-Markets Stay Buoyant on Trade-Deal Hopefulness