Pre-Market Brief | Friday, July 31, 2026
The Big Tech relief rally extends into Friday's open.
Nasdaq 100 futures are up 1.2 percent. S&P 500 futures are up 0.4 percent. Dow futures are higher by 0.6 percent.
Thursday closed at fresh records with the S&P 500 up 1.66 percent to 7,437.63 and the Nasdaq 100 up 3.4 percent.
Microsoft alone added roughly $450 billion in market value on a 15.51 percent rally.
That is the largest single-day dollar gain by any stock in history!
And stocks connected to it are already breaking out. Check this out…
One “Accelerated AI” stock just moved 133%... A second ripped 320% in less than three months…
And a third company jumped over 210% in under four months… A
ll the while Tesla, Microsoft, Meta… even the king of AI — Nvidia… kept going sideways.
Tickers To Watch:
AMZN: Up 10 percent premarket. Cloud revenue accelerated for the fifth straight quarter. Custom chip business expanded.
AAPL: Down 7 percent premarket. Services and China revenue both came in light. First real crack in the Ternus transition tape.
MSFT: Watch for follow-through or profit-taking after Thursday's historic run.
XOM: Reports before the bell. Q2 was a windfall quarter for the majors given the Iran-driven price spike.
ABBV: Reports today. Watch Humira erosion cadence and immunology pipeline.
ETN: Reports today. Best real-time read on datacenter and AI infrastructure demand outside the chipmakers.
Louis Navellier has spent 40+ years identifying stocks before major tech waves — his system helped him flag Nvidia before its 82,000% run.
Today, he's revealing the three stocks at the center of the biggest AI buildout in history.
Click for the full story.
Stock Highlight: Chevron (CVX)
Chevron reports Q2 before the bell today.
Chevron pays roughly $7.12 per share annually in dividends, currently yielding around 3.7 percent.
If you owned 100 shares on January 1, you have already collected around $356 in cash dividends this year regardless of what the price did. The Iran oil bump is icing on top.
That is the type of "get paid to wait" position investors love.
The stock trades near $191 with a market cap around $393 billion. Q2 could be a windfall quarter with Brent averaging elevated on the Iran shock.
He's even been nicknamed "The Billionaire Maker." So, when he comes out with a new stock recommendation, I pay attention.
The one below is so promising, I had to share it with you today.
And if you click any of the links in Marc's e-mail below, you'll get the name and Ticker.
Bottom Line
Big Tech just told us the AI capex cycle is nowhere near done. $720 billion combined from four companies for 2026 is not a plateau. It is a peak that keeps moving higher.
But under the celebration, Apple's China weakness is a real signal, and the Kospi tripping halts on the way up is another. Those are momentum warnings inside an already stretched tape...
I expect a lot more volatility.
Best
-Greg
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.