Pre-Market Brief | Wednesday, August 5, 2026
Research Desk · August 5, 2026
SpaceX dipped after earnings on heavy AI spending, then ripped about 10 percent higher overnight as retail buyers piled back in. Tomorrow its lock-up expires and roughly 95 percent of the float becomes sellable.
Where Futures Sit
S&P 500 and Dow futures are each up about 0.2 percent.
Nasdaq 100 futures are firmer as chip names bounce back after last night's earnings.
Tuesday closed at fresh records across the board. The S&P gained 1.79 percent, the Dow rose 1.71 percent, and the Nasdaq Composite jumped 2.59 percent to a six-week high.
And now that Elon Musk has lost the equivalent of Warren Buffet's entire fortune - in a single day...
Wall Street's declared what could be the worst news for the U.S. stock market in 50 years .
If Goldman Sachs and Morgan Stanley are right... what's coming next could be a historic crisis much worse than a single stock falling.
Macro Pulse
Iran and Hormuz de-escalation hopes are steadying risk appetite this morning after last week's tanker scare.
The calendar is busy today: ADP private payrolls, the Services PMI, and weekly EIA oil inventories all land before and during the session.
Watch oil on the inventory print. A de-escalating Strait and a supply build would both point lower.
That’s what former tech executive Jeff Brown is revealing in this new presentation.
Even though this Elon Musk-backed startup has nothing to do with robots, self-driving cars, or rockets, it’s growing faster than Tesla, faster than SpaceX, and even 23 times faster than Nvidia.
Click here to see the details and get the name of this startup, 100% free…
Tickers To Watch
SPCX: Up about 10 percent overnight, reversing the post-earnings dip. Revenue hit $7.81 billion, up 92 percent, and buyers are shrugging off the jump in AI capital spending to $18.4 billion. The lock-up frees roughly 911 million shares tomorrow.
AMD: Up about 7 percent, recovering its post-earnings dip. Adjusted results beat and Q3 guidance came in strong, with data-center revenue up 107 percent.
NVDA, AVGO: Chip sympathy to the upside as AMD's bounce lifts the group.
Hyperscalers: The spend-now, profit-later debate is back in focus.
A NEW strategy unlocks 146X more income on the SAME underlying stocks (like Meta, Apple, and Amazon)
WITHOUT options trading.
Uncover the NEW MAG-7 alternative.
Bottom Line
SpaceX gave investors a 92 percent revenue quarter, sold off on its spending plans, then bounced about 10 percent overnight.
That is a stock being pulled in two directions at once. Capital-spending worry by night, retail conviction by morning.
Tomorrow's lock-up is still the real event. Roughly 95 percent of the float becomes sellable, and a crowded, fast-moving name can turn quickly when new supply arrives. For a retirement-focused investor, the lesson is to respect the two-way volatility and let the unlock clear before making a decision.
But this next one could blow them all away. It's in a sector Warren Buffett has $40B in...
And Elon Musk says civilization depends on it.
Get the ticker before it's no longer under $20 >>>
Disclaimer:
This content is for informational and educational purposes only and does not constitute financial, investment, or trading advice. All opinions expressed are based on publicly available data believed to be reliable but are not guaranteed for accuracy or completeness. Investing and trading involve risk, including the possible loss of principal. Always perform your own due diligence and consult with a qualified financial advisor before making investment decisions. Past performance is not indicative of future results. Paid ads from 3rd parties are clearly identified. We do NOT specifically endorse these products nor are we responsible for the content of these ads. You should assume an affiliate payment will be made to us if you click a link or buy a product.