Key Points To Watch Out For:
- Shares in Apple, Dell and HP rose by more than 5% after tariff news.
- Goldman Sachs rose in the premarket before publishing its results.
- Nvidia rebounded amid a technology rally, despite the ongoing risk of tariffs.
Goldman Sachs (GS): Optimism Ahead of Results Drives Action
Goldman Sachs shares climbed in premarket trading ahead of the release of its quarterly earnings. On Friday, JPMorgan, Wells Fargo, and Morgan Stanley posted higher-than-expected profits but warned of trade uncertainty. The market is watching carefully to see how Goldman reacts to this mixed environment.
Apple (AAPL), Dell (DELL), HP (HPQ): Tariff Relief Favors the Tech Sector
Apple, Dell, and HP rose more than 5% in premarket trading after the Trump administration excluded electronic devices—such as PCs, chips, and smartphones—from general tariffs. Despite the positive sentiment, the White House stated it was preparing to impose tariffs specifically on certain technology products.
Nvidia (NVDA): Moderate Advance Under Regulatory Risk
Nvidia and other chipmakers rose before the opening, boosted by a broader technology rally. However, Commerce Secretary Howard Lutnick cautioned that key products in the sector will face new tariffs in a month or two as part of an investigation into the semiconductor industry.
