01 Stock Market

Stock futures were under pressure Thursday as oil prices added to their surge on supply disruption worries while the Iran war continued.

Dow futures fell 0.7%, S&P 500 futures slipped 0.6%, and Nasdaq 100 futures eased 0.5%. The pullback reflected higher crude prices and geopolitical tension lifting volatility, with investors tilting defensively ahead of the bell. Rate expectations were little changed, but a firmer dollar and rising energy complex kept cyclicals mixed and weighed lightly on growth benchmarks.

Notable Stock Movers: Energy-linked instruments and selective growth names were active in pre-market trading. HIMS up 5.68% at $27.35; USO up 3.93% at $112.30; UCO up 2.93% at $37.20; OXY up 1.80% at $56.58. China EV ADRs firmed: XPEV up 2.90% at $19.85; NIO up 2.19% at $5.59. Mega-cap tech was softer: NVDA down 0.40% at $185.28; MSFT down 0.31% at $403.63; AAPL down 0.03% at $260.74; ORCL down 0.38% at $162.50. TSLA edged up 0.14% at $408.39. CF Industries up 4%; Netskope down 17%; UiPath down 8%.

Oil’s advance pushed energy ETFs and producers higher while semiconductors and software were mixed, with some AI leaders easing after a strong run. Taiwan chip supply chain names were softer: TSM down 0.58% at $352.50. Among U.S. financial-adjacent growth, SOFI fell 1.13% at $18.32, while leveraged semiconductor ETFs diverged (SOXL down 1.66% at $55.16; SOXS up 2.04% at $38.50), underscoring choppy risk appetite ahead of the open.

02 Other Markets

• 10-year U.S. Treasury yield rose 0.24%, to 4.22%.

• U.S. Dollar Index rose 0.08% to 99.29.

• WTI crude oil futures rose 4.73% to 91.38 USD/barrel; COMEX gold futures rose 5.00 USD/ounce.

03 Key News

Palantir, Nvidia to Provide Sovereign AI Operating System Architecture

Palantir Technologies (PLTR) and Nvidia (NVDA) are collaborating to deliver a sovereign AI operating system reference architecture that provides customers a complete AI data center from hardware procurement to application deployment.

The companies said the Palantir AI OS Reference Architecture, or AIOS-RA, delivers a complete, production-ready AI infrastructure. It is based on Nvidia's Enterprise Reference Architectures, tested and qualified to run Palantir's complete software suite — including Artificial Intelligence Platform, or AIP, Foundry, Apollo, Rubix, and AIP Hub.

Bumble Shares Rally on Earnings Beat, Optimism Around AI‑Led App Revamp

Bumble shares surged 21% in premarket trading on Thursday, as stronger‑than‑expected fourth‑quarter results and an AI‑focused overhaul of its dating app ​aimed at winning back younger users reignited investor optimism.

CEO Whitney ‌Wolfe Herd's push for AI‑driven product revamp comes as Bumble attempts a closely watched turnaround in an online dating industry grappling with slower growth and "swiping fatigue" ​among younger users.

Chipmaking Tool Provider KLA Unveils Additional $7 Billion Share Buyback and Dividend Increase

Chipmaking tool provider KLA Corp on Thursday announced a new $7 billion stock buyback program ​and a 21% increase in its quarterly dividend, while ‌reaffirming its forecast for the current quarter.

This buyback, with no specified timeframe, is in addition to the company's existing share repurchase ​authorization, which stood at $3.94 billion as of December ​31, 2025.

Sources: Reuters, Dow Jones, Tiger Newspress, public market data

Disclaimer: For informational purposes only; not investment advice.