Friday, October 16, 2026
Privacy-First Edition
Back to NNN
Business

Why Are Nasdaq Futures Edging Higher Premarket? TSLA, CRWV, TSM, NVDA, RKLB, ASST, PEP Stocks In Focus

Via Stocktwits

Why Are Nasdaq Futures Edging Higher Premarket? TSLA, CRWV, TSM, NVDA, RKLB, ASST, PEP Stocks In Focus Preeti Ayyathurai Fri, October 16, 2026 at 4:42 AM EDT 4 min read ^IXIC +0.08% TSLA -1.29% NVDA -1.84% RKLB -6.64% PEP -0.69% Explore stocks on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.

A heavy selloff in semiconductor and artificial intelligence (AI) infrastructure stocks this week raised concerns about the cost of the AI boom, elevated bond yields and inflation.

Speaking at a Goldman Sachs event, Cleveland Fed President Beth Hammack warned on Thursday that deteriorating inflation expectations could require a more aggressive policy response.

Tesla shares rose over 4% in early premarket trade after unveiling its redesigned Roadster with a rocket-thruster technology developed with SpaceX.

U.S. stock futures were in the green early on Friday as investors parsed the recovery on Wall Street in the previous session after a heavy selloff in semiconductor and artificial intelligence (AI) infrastructure stocks this week raised concerns about the cost of the AI boom, elevated bond yields and inflation.

As of 4 a.m. ET, Nasdaq, and S&P 500 futures rose 0.1%, Dow futures gained 0.2%, and Russell 2000 futures rose 0.3%.

See what 10M+ investors are talking about. Get the Stocktwits Daily Rip for what retail is watching right now, free to your inbox

On Stocktwits, retail sentiment for the SPDR S&P 500 ETF (SPY), which tracks the S&P 500 Index, has stayed 'neutral,' moderating from 'bullish' earlier in the week, while Invesco QQQ Trust (QQQ), which tracks the Nasdaq-100 Index, has remained 'bullish' amid pressure in the tech sector.

After the September consumer inflation at 3.7% year-on-year, the Producer Price Index came in at 6.3% on Thursday. Speaking at a Goldman Sachs event, Cleveland Fed President Beth Hammack warned on Thursday that deteriorating inflation expectations could require a more aggressive policy response.

CoreWeave (CRWV) and Nebius (NBIS) remain on the retail radar. Nvidia's Jensen Huang pushed back against concerns about CoreWeave's financial stability, and analysts have said the selloff has been "overdone." Cathie Wood's ARK Invest continued to buy the dip in CRWV, adding 192,000 shares on Thursday.

Micron Technology (MU), SK Hynix (SKHY), Broadcom (AVGO), and Qualcomm (QCOM) continued to reel in the red. Nvidia (NVDA) bucked the sector, with 0.5% gains in early premarket.

Taiwan Semiconductor Manufacturing Co (TSM): Reports suggest that Taiwan is looking to tighten its AI chip export controls to China to align with U.S. restrictions. This comes amid TSMC's talks surrounding a potential 'Terafab' deal with Elon Musk.

Apple (AAPL) is also on the retail radar as it opens pre-orders for its foldable iPhone on Friday.

Tesla (TSLA) shares rose over 4% in early premarket trading after unveiling its redesigned Roadster, featuring rocket-thruster technology developed with SpaceX (SPCX). Production is expected to begin in 2028. Investors are also tracking executive departure from Tesla's energy division.

Rocket Labs (RKLB) shares rebounded in early premarket trade after it delayed its Neutron rocket launch to 2027. Goldman Sachs has cut its price target to $67 from $75 and maintained its 'Neutral' rating. Meanwhile, Cathie Wood's ARK Investment bought the dip on Thursday, adding 168,000 shares across three funds.

Hims & Hers Health (HIMS): Reports that the Trump administration is reviewing a proposal involving certain peptides sparked market buzz about a potential opportunity for the company.

Strive (ASST): Shares were under mild pressure in early premarket trade after announcing the pricing of its upsized offering for its SATS preferred stock at a discount.

Strategy (MSTR): Reports suggest that MSCI plans to remove Strategy from its indexes.

AMC Entertainment (AMC) CEO Adam Aron has publicly opposed Robinhood (HOOD) stock tokenization initiative ahead of upcoming Q3 earnings.

Coca-Cola (KO): KFC's decision to switch its U.S. beverage partnership from PepsiCo (PEP) to Coca-Cola has brought this stock on the retail radar.

Other tickers trending on Stocktwits at the time of writing included Wynn Resorts (WYNN), Applovin (APP), ServiceNow (NOW), and D-Wave Quantum (QBTS).

On the earnings front, Regions Financial Corp. (RF), Truist Financial Corporation (TFC), Travelers Companies Inc. (TRV), Hingham Institution for Savings (HIFS), Bancfirst Corp. (BANF), and Ames National Corp. (ATLO) are among those reporting today.

For updates and corrections, email newsroom[at]stocktwits[dot]com

Preeti Ayyathurai has no position in any of the stocks mentioned in this article. StockTwits' news team content is for informational purposes only and is not intended as investment advice. For more, see our editorial policy. This article was originally published on StockTwits.

Why Are SPCX, ECHO, KO Stocks Moving Premarket Today?

Stocktwits Wall Street Wrap: Crocs, Liquidia Win Upgrades While SpaceX Competition And Grocery Woes Put AST SpaceMobile, Albertsons Under Pressure

NVDA Bucks Selloff As MU, INTC, AMD Slide Premarket Amid Chip Rout

Read original at Yahoo Finance News

The Perspectives

0 verified voices · Three viewpoints · Real discourse

Left
0
Be the first to share a left perspective
Center
0
Be the first to share a center perspective
Right
0
Be the first to share a right perspective

Related Stories