US Market Preview | HCAI Saors 194%; Markets Eye Trump’s Iran “Deadline”; SpaceX IPO Details Revealed; Cathie Wood's Ark Buys Tesla Dip
Huachen AI Parking HCAI | 0.00 | |
Ridgetech RDGT | 0.00 | |
Silo Pharma SILO | 0.00 | |
Advanced Biomed ADVB | 0.00 | |
Cuprina Holdings CUPR | 0.00 |
Most Important News
- Markets Await Trump's Iran Deadline;
- Tech Stock Weakness Creates Buying Opportunities;
- SpaceX IPO: Company reveals share allocation details;
- Broadcom Rises: Stock gains on new partnership deals;
Stock futures fell on Tuesday as President Donald Trump’s deadline for Iran to reopen the Strait of Hormuz approached, with hopes of an agreement fading.
As of 08:00 EST (or 3:00 PM in Riyadh), Dow Jones Industrial Average futures shed 208 points, or 0.44%. Futures tied to the S&P 500 were down 0.5%. Nasdaq 100 futures traded 0.65% lower.
Futures took a leg lower after unconfirmed reports said that the U.S. military conducted strikes on military targets on Kharg Island in Iran.
The Wall Street Journal reported that negotiators aren’t optimistic a deal between the U.S. and Iran can be reached before Trump’s deadline.
As of 03:00 PM Riyadh Time, top pre-market movements are as follows:
Change | Price($) | Ticker (🌙 means "Shariah Compliant") |
194.3% | 0.43 | Huachen AI Parking Management Technology Holding Co., Ltd. Class A(HCAI.US) |
71.6% | 0.03 | 🌙 Ridgetech, Inc.(RDGT.US) |
70.0% | 0.6 | Silo Pharma Inc(SILO.US) |
65.4% | 7.31 | 🌙 Advanced Biomed, Inc.(ADVB.US) |
40.3% | 0.55 | 🌙 Cuprina Holdings (Cayman) Limited Class A(CUPR.US) |
-30.0% | 2.22 | Plutus Financial Group Limited(PLUT.US) |
-27.8% | 0.78 | 🌙 Scage future Sponsored ADS(SCAG.US) |
-19.2% | 4.64 | Focus Universal, Inc.(FCUV.US) |
Trump: 'The Entire Civilization of Iran Will Cease to Exist Tonight'
President Trump issued an apocalyptic warning on Iran, stating the country's civilization would "cease to exist tonight and never recover." He added that while he doesn't want such an outcome, it may happen. Trump suggested that with "full and complete regime change" underway, something transformational could occur. The remarks sharply escalated tensions amid ongoing military confrontation.
King Fahd Bridge Reopens After Brief Closure
The King Fahd Bridge, a vital link between Bahrain and Saudi Arabia, has reopened to traffic following a short-term closure, as announced by the bridge authority.
Markets Await Trump's Iran Deadline
Global markets are tense as President Trump's deadline for Iran to reopen the Strait of Hormuz nears, with oil prices volatile and stocks mixed amid fears of escalated conflict or another extended deadline.
Middle East Wars Damage 75 Energy Assets
The International Energy Agency's head, Fatih Birol, stated that ongoing conflicts in the Middle East have resulted in damage to 75 different energy assets across the region.
San Francisco Home Prices Hit Record High
The median home price in San Francisco surged 18% year-over-year to a record US$2.15 million in March, fueled by wealth from a booming artificial intelligence startup sector.
Middle East War Pressures, Not Breaks Oil
Morgan Stanley states the Middle East conflict pressures Brent crude, creating a high spot price premium, but has not caused a market collapse as overall operations remain normal.
JPMorgan's Hawkish Fed Outlook
JPMorgan Chase predicts the Federal Reserve will not cut rates in 2026 and will instead implement a 25 basis point hike in 2027.
Tech Stock Weakness Creates Buying Opportunities
Goldman Sachs strategists state that the technology sector's relative weakness is beginning to create attractive valuation opportunities for investors.
SpaceX IPO Details Revealed, Roadshow Set
SpaceX has disclosed its IPO plans, allocating a significant portion of shares to retail investors and scheduling a dedicated event for 1,500 of them in June following the start of its roadshow.
Anthropic Inks AI Chip Deal With Broadcom
Anthropic secured a major AI chip supply agreement with Broadcom Limited(AVGO.US) and Alphabet Inc. Class C(GOOG.US) for next-generation TPUs, with capacity expected to become available starting in 2027.
Silo Pharma Soars on European Patent Win
Silo Pharma Inc(SILO.US) stock surged 47% after securing a key European patent for its PTSD treatment, boosting its intellectual property portfolio.
Cathie Wood's Ark Buys Tesla Dip
Ark Invest, led by Cathie Wood, purchased US$14 million of Tesla Motors, Inc.(TSLA.US) stock across three of its ETFs on Monday, adding to its position as the electric vehicle maker's shares declined.
Pony AI Gains Singapore AV Ride Approval
Pony AI Inc.(PONY.US) has secured regulatory approval in Singapore to begin offering autonomous vehicle rides on public roads to invited passengers, advancing its commercial rollout.
Aehr Test Systems Q3 Earnings Preview
Aehr Test Systems(AEHR.US) will report its fiscal third-quarter 2026 financial results, with investors focusing on the company's revenue performance and outlook for its wafer-level test and burn-in equipment.
| Time | Event | Previous Value | Forecast Value |
| 8:15 PM | ADP Employment Change Weekly | 10K | |
| 8:30 PM | Durable Goods Orders MoM FEB | 0% | -0.30% |
| 8:30 PM | Durable Goods Orders Ex Transp MoM FEB | 0.40% | 0.50% |