Daily Market Pulse
🌅 Premarket Briefing | Friday, August 7, 2026
📈 Market Snapshot
| Index | Previous Close | Premarket |
|---|---|---|
| S&P 500 | -0.18% | +0.55% |
| Nasdaq | -0.06% | +1.21% |
| Dow Jones | -0.85% | +0.34% |
Market Mood: 🟢 Risk-on as investors digest a weak July jobs report, strong AI earnings, and another busy earnings session.
🔥 Top Market Movers
✈️ Airbnb (ABNB)
- Q2 revenue and EPS beat expectations.
- Raised full-year revenue outlook.
- Strong international travel demand and World Cup bookings.
- Premarket: +8%
🚀 SpaceX (SPCX)
- Shares gained after IPO lockup expiration.
- Over 900M shares became tradable, significantly increasing float.
- Higher volatility expected.
🥗 Sweetgreen (SG)
- Cut same-store sales outlook.
- Consumer concerns surrounding produce-related illness pressured demand.
- Premarket: -13%
🏠 United Wholesale Mortgage (UWMC)
- Suspended dividend.
- Raised $2.05B in equity.
- Quarterly loss weighed on shares.
- Premarket: -35%
💊 Eli Lilly (LLY)
- Continues widening lead over Novo Nordisk.
- Investors rewarded stronger obesity drug growth and guidance.
🇨🇳 Alibaba (BABA)
- Plans to monetize commercial AI by requiring major users of future open-source AI models to share revenue.
⚖️ Regulatory & Legal Headlines
☀️ Solar Stocks Rally
President Trump announced:
- 15% tariff on selected solar imports
- Minimum pricing measures
Premarket Winners
- First Solar (FSLR)
- FTC Solar (FTCI)
📱 Meta (META)
Judge ordered Meta to contribute $567M into a New Mexico youth mental health fund. Meta intends to appeal.
✈️ Boeing (BA)
FAA ordered inspections of 471 Boeing 737 MAX aircraft after structural cracks were discovered.
🤝 M&A Activity
🏡 Homebuilders
Dream Finders (DFH)
- Buying Beazer Homes (BZH)
- Deal value: $2.2B
📺 Media
Nielsen
- Acquiring DoubleVerify (DV)
- Deal value: $2.15B
📊 Economic Highlights
🇺🇸 July Employment Report
| Indicator | Result |
|---|---|
| Nonfarm Payrolls | -23K |
| Expected | +83K |
| Unemployment Rate | 4.1% |
| Participation Rate | 61.4% (5-year low) |
Markets are increasingly pricing in a more dovish Federal Reserve following the unexpectedly weak labor report.
🇨🇳 China
- Exports +24% YoY
- Electronics and EV demand remained strong.
- Crude imports reached a three-month high.
💰 Commodities
- 🥇 Gold heading for its best week since January (+6%)
- Lower inflation expectations continue supporting precious metals.
📊 Earnings Highlights
Strong Beats
- ✅ Airbnb (ABNB)
- ✅ Cloudflare (NET)
- ✅ Datadog (DDOG)
- ✅ Roku (ROKU)
- ✅ Monster Beverage (MNST)
- ✅ ConocoPhillips (COP)
- ✅ Howmet Aerospace (HWM)
- ✅ Parker-Hannifin (PH)
- ✅ Fox Corp (FOXA)
- ✅ Take-Two (TTWO)
Mixed Results
- Warner Bros. Discovery (WBD)
- Petrobras (PBR)
- Targa Resources (TRGP)
- Fiserv (FISV)
- Rocket Companies (RKT)
- Kenvue (KVUE)
👀 Earnings to Watch Next Week
| Company | Report |
|---|---|
| Barrick Mining (B) | Monday BMO |
| Ferguson (FERG) | Monday BMO |
| Simon Property (SPG) | Monday AMC |
| AECOM (ACM) | Monday AMC |
| Sea Ltd (SE) | Tuesday |
| Cardinal Health (CAH) | Tuesday |
| Lumentum (LITE) | Tuesday |
| Cerebras (CBRS) | Wednesday |
| Nebius (NBIS) | Wednesday |
| Coherent (COHR) | Wednesday |
| Nu Holdings (NU) | Thursday |
📰 Other Headlines
- 🎮 Rockstar to unveil extended GTA VI preview on August 27 via Netflix and YouTube.
- 🇸🇦 Saudi Arabia, Turkey and Pakistan preparing a regional defense agreement.
- 🇹🇭 Deadly school shooting near Bangkok leaves multiple victims.
- 🇺🇸 White House announced new executive actions targeting birthright citizenship eligibility.
📌 Key Themes for Today’s Session
🟢 AI remains leadership sector.
🟢 Travel stocks continue benefiting from resilient consumer demand.
🟢 Weak payrolls strengthen expectations for Fed easing.
🟢 Gold remains one of the week’s strongest-performing assets.
🟡 Boeing and Meta face renewed regulatory pressure.
🔴 Mortgage lenders remain under pressure from elevated interest rates.
Market Focus Today: Investors will closely monitor reactions to the surprisingly weak U.S. jobs report, post-earnings price action in major technology names, and whether AI leadership can keep the Nasdaq outperforming into the close.
