The heavyweight financial report is coming, NVIDIA's pre-market stock price slightly rises, European stocks open generally higher
After the market closes on Wednesday, NVIDIA will release its Q2 financial report, which will impact the entire stock market. Before the US stock market opens, index futures are relatively stable, with NVIDIA up 0.11%. Following a short seller attack, AMD's stock dropped by about 2% before the market opened
Pre-market stock market in the US is relatively stable, European stocks generally open higher, and most Asia-Pacific stock markets close higher.
Pre-market in the US, Dow Jones futures and S&P 500 futures are slightly up, NVIDIA is up 0.11%, Li Auto announced its financial report and is up 0.9% pre-market.
European stocks generally open higher, with the Germany DAX index up 0.23%.
Most Asia-Pacific stock markets close higher, with the Nikkei 225 index up 0.2% at the close, and the Seoul Composite Index in South Korea slightly up.
Li Auto released its performance report pre-market, with a revenue of 31.7 billion RMB in the second quarter, market estimate was 31.42 billion RMB; adjusted net profit attributable to shareholders in the second quarter was 1.5 billion RMB.
After-market today, NVIDIA, Salesforce, CrowdStrike, HP Inc. (HPQ), and others will release their performance reports.
【Update at 16:20】
In the US pre-market, the three major index futures are relatively stable, with Dow Jones futures and S&P 500 futures slightly up.
Li Auto released its performance report pre-market, up 0.9% pre-market.
AI concept stocks are relatively stable pre-market, with NVIDIA up slightly by 0.11%. On Wednesday after-market in the US Eastern Time, NVIDIA will release its Q2 financial report. Morgan Stanley stated that if NVIDIA's revenue exceeds expectations, it may drive AI-related stocks up by 3-15%, otherwise it may cause a decline in AI stocks.
AMD is down by about 2% pre-market, as Citron Research released a report yesterday shorting "AI giant" AMD.
European stocks open higher, with the Germany DAX index up 0.23%, France's CAC 40 index up 0.29%, the UK's FTSE 100 index up 0.22%, and the Euro Stoxx 50 index up 0.29%. The current trend is as shown in the following chart.
Asia-Pacific stock markets generally slightly up. The Nikkei 225 index closed up 0.2% at 38,371.76 points. The TOPIX index in Japan closed up 0.4%.
