Pre-Market Brief | Tuesday, August 4, 2026
Research Desk · August 4, 2026
Records were set Monday. Palantir just showed what a real beat looks like. AMD and SpaceX report tonight.
Where Futures Sit
Nasdaq 100 futures up 0.6 percent.
Dow and S&P 500 futures up 0.2 percent.
Monday closed at fresh records. The S&P hit 7,600.50, up 1.48 percent. Amazon crossed $3 trillion in market cap for the first time.
Macro Pulse
Oil is climbing again. Fresh Hormuz attack reports contradict the weekend de-escalation.
Kospi fell 4 percent overnight. Samsung and SK Hynix each dropped 8 percent on AI positioning unwinds.
Factory Orders and JOLTS at 10 AM ET.
Love It Or Hate It: PLTR
Palantir is up 16 percent premarket to $145.90.
Last night's Q2 print silenced every operational bear on the tape. Revenue jumped 93 percent to $1.94 billion. EPS of 41 cents blew past the 33-cent estimate.
US commercial revenue surged 149 percent. Rule of 40 hit 155 percent. Full-year guidance was raised to $8.15 billion. Nine straight quarterly beats.
If you love PLTR, this quarter is your proof.
If you hate PLTR, the operational case just got harder. But the valuation problem got worse, not better. At $146, the stock trades near 76 times sales.
Both sides can be right at once. This is the definition of a story stock.
The Most Overlooked AI Stock Today Forget Nvidia—this "AI stock" trades for just $20 and is critical to the industry's future.
Billionaire investors are piling in, and its dividends are soaring.
Get in before the price skyrockets
Tickers To Watch
MCD: Up 1.3 percent. Reports before the bell.
CAT: Up 1.7 percent. Reports before the bell.
AMD, SPCX: Both report after the close.
NVDA, AVGO: Watch for chip-sector sympathy after the Kospi drop.
The Ex-CIA economist is convinced the Trump administration is about to invest in this company.
See why he's loading up on shares here.
Bottom Line
Records were set Monday. Records were tested overnight in Seoul.
Palantir just showed you what a real earnings beat looks like. But at 76 times sales, a beat is the only acceptable outcome. Every quarter. Forever.
For investors near retirement, this is a week to observe, not chase. Let AMD and SpaceX print tonight. Let the tape settle.
I've just revealed a powerful investing strategy that boils down to " Sell This, Buy That ."
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I even give away a Hotlist and Hitlist of buy and sell ideas that you can act on right now.
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