By Alex Financials

📈 Global Markets Rebound on Weak Jobs & Fed Rate Cut Hopes

Global equities are rallying after last Friday’s steep sell‑off. The U.S. Nonfarm Payrolls report for July significantly underperformed, along with downward revisions to May and June figures—prompting markets to sharply lower Fed rate‑cut expectations, with traders now pricing in an ~85‑88% chance of a September rate cut. U.S. futures for the Dow, S&P 500, and Nasdaq surged 0.5–0.6% this morning. Europe’s STOXX 600 rose ~0.5%, while the dollar steadied after a prior slide. Oil prices slipped amid renewed OPEC+ output increases.

🏦 Big Moves in U.S. Mega‑Caps & Corporate News

Tesla (TSLA)

Tesla shares rose ~2% after its board approved a ~$29‑30 billion stock award for CEO Elon Musk—following a court ruling invalidating his previous compensation package. Market response to the new plan was broadly positive.

Berkshire Hathaway (BRK.B)

The company reported a 4% drop in Q2 operating earnings, partly due to a write‑down on its Kraft Heinz stake, pressuring the stock. It slipped between 0.7–3% depending on the source.

Amazon (AMZN)

Amazon shares gained ~1.3% on the day, recovering from an 8% Friday plunge that followed disappointing guidance from AWS. Despite decent growth, AWS lags peers like Microsoft and Google.

Palantir Technologies (PLTR)

Up ~2–3% amid strong investor anticipation ahead of Q2 earnings. Analysts expect ~40% revenue growth, fueled by deepening AI-linked contracts with U.S. government and military (including reportedly a $10 billion U.S. Army deal).

Boeing (BA)

Shares declined ~0.6–1% as 3,200 defense workers across Missouri and Illinois began strike action, raising concerns over program delays.

🚀 Standouts & Unexpected Movers

• CommScope (COMM) surged ~70–80% after Amphenol (APH) announced plans to acquire its broadband and cable unit in a $10.5 billion deal.

• Idexx Laboratories (IDXX) jumped ~10–25% after beating earnings and raising full‑year guidance.

• Wayfair (W) rose on an unexpected profit beat.

• Tyson Foods (TSN) advanced ~3% following stronger results and an improved full‑year outlook.

• Spotify (SPOT) climbed >7% announcing price hikes for Premium subscriptions in key markets effective this September.

🌏 Regional Markets: India & Europe React

India

The Sensex gained ~419 points, and the Nifty50 crossed the 24,700 level. Investor optimism was driven by strong rallies in metal and IT sectors, buoyed by global rate‑cut expectations and easing trade tensions.

UK & Europe

UK lenders such as Lloyds and Close Brothers saw gains after a ruling reduced liability from a vehicle finance scandal—from estimates near £44 billion down to £9–18 billion, easing fears.

🔍 Market Themes & What’s Next

• Labor market weakness has reignited hopes for an impending Fed rate cut.

• U.S. trade policy uncertainty, particularly new tariffs on key partners, continues to weigh on sentiment, despite today’s rebound.

• AI and defense/tech earnings remain in focus—particularly results today from Palantir, AMD, Shopify, and others. These will help shape broader growth expectations.

• M&A and corporate governance events, such as CommScope/Amphenol and Tesla’s compensation drama, are sparking outsized moves.

📝 What to Watch

• Palantir and AMD Q2 earnings results

• Amazon’s forward guidance and AWS trajectory

• Ongoing labor unrest at Boeing

• Any shifts in tariff policy or trade deal updates