Key Points To Watch Out For:

• Snap shares fell 14% after warning of advertising expenditure.
• Starbucks fell 7% after report of profits below expectations.
• Super Micro slumped 15% due to lower than expected preliminary revenues.

Starbucks (SBUX): Weak Results and Negative Market Reaction

Starbucks shares fell 7% in premarket trading after the coffee chain reported quarterly earnings that missed Wall Street expectations. While the CEO highlighted progress in improving customer service, weak revenue performance remains a major concern for investors.

Snap (SNAP): Advertising Spending Warnings Hit Hard

Snap plunged 14% before the market opened after revealing that advertisers are slashing budgets due to the U.S. government’s tariff policies. These macroeconomic pressures are negatively impacting the platform’s revenue stream and growth outlook.

Super Micro (SMCI): Preliminary Revenue Disappoints the Market

Super Micro dropped approximately 15% in premarket trading after publishing preliminary revenue figures below its own prior guidance. The company attributed the weakness to order delays in servers and computing products. The news weighed heavily on the broader tech sector, which remains sensitive to fluctuations in AI-related investment cycles.

Mercedes-Benz (MBG), Stellantis (STLA): Tariff Uncertainty Complicates Financial Visibility

Mercedes-Benz and Stellantis withdrew their annual financial forecasts, citing uncertainty stemming from U.S. tariffs. Although Volkswagen maintained its guidance, the automaker warned that some performance metrics may fall near the lower end of expectations. Automotive stocks traded with volatility across European markets.

Samsung Electronics (KRX:005930): Mobile Technology Offsets Weakness in Chips

Samsung fell on the Seoul Stock Exchange, although robust performance in its mobile division helped offset ongoing weakness in its semiconductor business. The chip segment continues to be pressured by declining global demand and ongoing regulatory constraints.

Caterpillar (CAT), Humana (HUM): Results Before the Open

Caterpillar and Humana are slated to report earnings on Wednesday before the market opens. Investors are focused on assessing how industrial input costs and regulatory pressures are affecting performance in the construction and healthcare sectors, respectively.

Microsoft (MSFT), Meta (META), and Qualcomm (QCOM): High Expectations for Tech Results

Three major technology companies—Microsoft, Meta Platforms, and Qualcomm—are set to report earnings after the close. Their performance will be pivotal in shaping sentiment toward the tech sector, especially after recent selloffs driven by concerns over trade policy and macroeconomic headwinds.