Early buys and sells (impulse): SO, NEM, MOS, COP ILUM to upside, SYF, CF, COF to downside (these are candidates for one day option trades, often exited before Noon. They may lead to larger daily swings depending on overall structure). DIS:
Premarket movers
Mag 7 stocks are all higher (Tesla +1.3%, Meta +0.7%, Alphabet +0.7%, Amazon +0.6%, Nvidia +0.5%, Apple +0.1%, Microsoft +0.1%)
Cryptocurrency-linked stocks are rallying as Bitcoin rises, putting it on track for its best weekly gain in more than two years. Strategy (MSTR) climbs 8%, Coinbase (COIN) rises 5%.
Mining stocks are rising as gold is on track for a third weekly gain after the US Treasury’s unexpected ramp-up in buybacks of long-dated government debt underscored concerns about its burden. Newmont (NEM) rises 3%.
Flowers Foods (FLO) falls 4% after the maker of Wonder Bread cut its adjusted earnings-per-share forecast for the full year.
O-I Glass (OI) rises 5% after Citi upgraded the packaging products company to buy, saying shares appear to be “meaningfully oversold.”
OSI Systems (OSIS) falls 13% after the medical device maker’s forecast for fiscal 2027 revenue fell short of the average analyst estimate.
Parsons Corp. (PSN) rises 2% after Baird upgraded the IT services company to outperform, saying guidance looks conservatively set.
NetEase ADRs (NTES) rise 6% after the company’s core gaming business was seen as resilient and forecast to keep growing steadily.
Ross Stores (ROST) climbs 8% after the off-price retailer boosted its earnings per share forecast for the full year.