Key Points to Watch Out For:
- Intel shares rise after meeting with Trump.
- Celanese warns of softer demand, drops 17% in premarket.
- CoreWeave results due today; Circle posts $4.48 loss but gains 4.5% premarket.
Intel (INTC): Pre-market rebound after Trump meeting
Shares advanced in premarket trading after President Trump described his meeting with the chipmaker’s CEO as “very interesting.” Last week, Trump called for the removal of Lip-Bu Tan over his links to Chinese businesses.
Celanese (CE): Weak demand and lower-than-expected guidance
The company warned of subdued demand across most major markets and projected quarterly earnings below analyst estimates. Shares tumbled 17% in premarket trading.
CoreWeave (CRWV): Results after market close, early pullback
The AI data center leasing firm, whose shares have surged since its 2025 IPO, will release earnings after today’s close. In premarket, shares slipped nearly 3%.
Nvidia (NVDA): China pressure and export conditions
Bloomberg and Financial Times report that China is urging domestic firms to choose alternatives to Nvidia’s H20 chips. The company recently secured U.S. approval to export the semiconductors to China, contingent on handing 15% of the revenue to the U.S. government.
Circle Internet (CRCL): Quarterly loss, pre-market rise
The newly listed stablecoin issuer reported a quarterly per-share loss of $4.48. Shares climbed 4.5% before the opening bell.
Apple (AAPL): Antitrust claims and OpenAI dispute
Elon Musk accused Apple of breaching antitrust laws by favoring OpenAI in the App Store and said his company xAI would initiate legal action immediately.
