US Market Preview | FATBB Up 465.6%; SanDisk Soars 23% Post-Earnings Beat; Trump Names Kevin Warsh for Fed Chair Role; Gold & Silver Tumble
FAT Brands Inc. Class B FATBB | 0.00 | |
TechCreate Group Ltd. Class A TCGL | 0.00 | |
VivoSim Labs Inc VIVS | 0.00 | |
FAT Brands Inc. Class A FAT | 0.00 | |
La Rosa Holdings Corp. LRHC | 0.00 |
Most Important News
- Trump Picks Warsh: Trump nominates Kevin Warsh for Fed Chair role.
- SanDisk Jumps 23% on Stellar Results, AI Demand Soars.
- Apple's Record China Quarter Driven by iPhone
Stock futures fell Friday, a day after the S&P 500 posted a second consecutive losing session, but trimmed declines after President Donald Trump nominated Kevin Warsh to succeed Jerome Powell as Federal Reserve chair.
As of 08:20 EST (or 4:20 PM in Riyadh), futures tied to the broad market index were down 0.39%, and Nasdaq 100 futures lost about 0.53%. Dow futures dropped 187 points, or 0.38%. At one point, futures contracts were down around 0.8% each.
As of 04:25 PM Riyadh Time, top pre-market movements are as follows:
Change | Price($) | Ticker (🌙 means "Shariah Compliant") | |
465.6% | 1.81 | FAT Brands Inc. Class B(FATBB.US) | - |
144.2% | 210.9 | 🌙 TechCreate Group Ltd. Class A(TCGL.US) | No material nonpublic information disclosed; shares gained 128.3% pre-market.; Stock headed substantially up by 889.2% on last trading day |
94.7% | 3.31 | VivoSim Labs Inc(VIVS.US) | Signed distributors in Korea and China for toxicology services. |
72.2% | 0.38 | FAT Brands Inc. Class A(FAT.US) | - |
62.2% | 4.85 | La Rosa Holdings Corp.(LRHC.US) | After falling 5% on Thursday. |
Trump Picks Warsh for Fed Chair Role
Trump formally nominates Kevin Warsh to be the next Federal Reserve Chairman, signaling potential shifts in US monetary policy.
Precious Metals Plunge on Fed Speculation
Gold and silver prices fell sharply Friday as the dollar strengthened on reports Trump may nominate Kevin Warsh as Fed chair, cooling its rally.
Cocoa Prices Plunge Below US$4,000/Ton
New York cocoa futures drop below US$4,000 per tonne for the first time since 2023, erasing prior gains amid weak demand.
Bitcoin Plummets Amid Fed Speculation
Bitcoin fell to a two-month low on Friday, down 2.5% to US$82,300, as Fed Chair's speculation on cash tightening hit crypto and boosted the dollar, marking its longest losing streak in eight years.
Bitcoin Plummets, ETFs See Redemptions
Bitcoin drops to a two-month low in early Asian trading Friday, with US Bitcoin ETFs facing net redemptions for the third straight month.
Jim Cramer: Silver 'Overvalued', Shortage Narrative May Fail
Silver prices fall from historic highs as Jim Cramer warns it's "overvalued" and Peter Brandt challenges the "supply shortage" narrative driving the surge.
Gold Bubble Alert from Cathie Wood
Cathie Wood of ARK Invest and Robin Brooks warn gold's historic rally is a speculative bubble nearing collapse.
Apple's Record China Quarter Driven by iPhone
Apple Inc.(AAPL.US) saw a 38% YoY revenue jump in Greater China for Q1 FY2026, powered by record iPhone 17 sales and high customer engagement.
SanDisk Jumps 23% on Stellar Results, AI Demand Soars
Sandisk Corporation(SNDK.US) 's stock surged over 23% pre-market after smashing Q4 estimates and issuing exceptional Q1 guidance. Revenue and EPS for the quarter far exceeded consensus, while its outlook for the current quarter projects revenue ~53% and EPS ~140% above forecasts. This signals booming NAND storage demand fueled by AI, a positive indicator for the entire sector.
SoFi Rises 7% on Record Revenue
SoFi(SOFI.US) ' stock gained over 7% pre-market after reporting record Q4 2025 revenue of $1 billion. The results were driven by new highs in membership and product growth, with the company posting a net profit of $174 million for the quarter.
KLA Shares Drop Over 8% Amid Valuation Concerns
KLA Corporation(KLAC.US) 's stock fell more than 8% in pre-market trading despite reporting better-than-expected Q2 FY2026 results, with revenue of $3.3 billion and adjusted EPS of $8.85. The decline appears driven by investor concerns over valuation risks. The CEO emphasized KLA's dominant position in semiconductor process control as a key beneficiary of the industry's transition to more advanced nodes.
Humana: Top Value Play After YTD Plunge?
Humana Inc.(HUM.US) becomes a top-ranked value stock in healthcare after a 26.64% year-to-date stock price drop amid Trump's proposed Medicare rates.
Chevron Q4 EPS Beats Forecasts, Plans Venezuela Output Boost
Chevron Corporation(CVX.US) reported Q4 adjusted earnings per share of $1.52, exceeding the consensus estimate of $1.38. The company forecasts further growth in the coming year, with production expected to rise by about 8%, primarily from its Guyana and East Mediterranean oil fields.
TechCreate Stock's Massive 880% Surge
TechCreate Group Ltd. Class A(TCGL.US) shares are trending, soaring over 880% on Friday.
Earnings Calendar
Imperial Oil Limited(IMO.US)
Nomura Holdings, Inc. Sponsored ADR(NMR.US)
Verizon Communications Inc.(VZ.US)
Aon Plc Class A(AON.US)
American Express Company(AXP.US)
SoFi(SOFI.US)
Exxon Mobil Corporation(XOM.US)
Chevron Corporation(CVX.US)
Note: US calendars are in Eastern Standard Time (EST).
| Time | Event | Previous | Forecast |
| 4:30 PM | PPI MoM DEC | 0.20% | 0.20% |
| 4:30 PM | Core PPI MoM DEC | 0% | 0.10% |
| 5:45 PM | Chicago PMI JAN | 43.5 | 45 |