Wall Street week ahead rocky US stock market faces inflation data test

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Wall Street week ahead rocky US stock market faces inflation data test: 📊 A critical inflation report in the coming week could further rattle an increasingly tumultuous U.S. stock market, with investors worried about an economic growth slowdown and President Donald Trump's tariffs. Reuters reports.

📈 Alibaba stock jumps as it unveils AI model to rival DeepSeek: Alibaba shares surged after the Chinese behemoth revealed a new reasoning model it claims can rival DeepSeek’s global blockbuster R1. Hong Kong-listed shares of Alibaba ended the Thursday session up 8.39% — hitting a new 52-week high — with the company’s New York-trading stock fell about nearly 1%. Alibaba shares have gained nearly 71% in Hong Kong in the year to date. CNBC reports.

💾 Broadcom surges 12% as strong forecast eases AI chip demand fears: Broadcom's shares soared 12% in premarket trading on Friday as the chipmaker's strong revenue forecast helped restore some confidence in AI chip demand after a bruising sector-wide selloff following rival Marvell Technology's bleak outlook. Yahoo Finance reports.

🎮 Amazon cloud introduces new game streaming service for developers: Amazon’s cloud unit said Thursday that it’s launching a service to allow video game publishers to stream their games online. GameLift Streams will deliver games to any device with a browser that supports the WebRTC standard, Amazon said in a blog post. That includes smart TVs, phones, tablets and PCs. One way the service can be used is to rapidly distribute titles in development to testers, and then securely remove access later. CNBC reports.

🛍️ Gap stock soars 17% as strong earnings reinforce turnaround momentum: Gap on Thursday posted another quarter that blew away expectations, indicating its turnaround under CEO Richard Dickson is working better – and faster – than Wall Street anticipated. Shares jumped 17% in extended trading Thursday. CNBC reports.

🏪 Costco falls short on profit estimates as merchandise costs climb: Costco Wholesale would consider making changes to its international supply chain if tariffs from U.S. President Donald Trump lead to big price hikes, Chief Executive Officer Ron Vachris said on a conference call on Thursday. Reuters reports.

📉 Nasdaq enters correction as U.S. trade policy uncertainty weighs on markets: Wall Street stocks finished lower on Thursday, with the Nasdaq confirming it has been in a correction since December, weighed down by market jitters over the current uncertainty surrounding U.S. trade policy. Reuters reports.

✈️ Airbus deliveries drop 18% in early 2025 amid supply chain challenges: Airbus deliveries for January and February fell 18% year on year to 65 aircraft, the planemaker said on Friday. Airbus has warned about relatively weak deliveries in the first quarter after supplies from engine maker CFM were pulled forward to the fourth quarter of last year to help Airbus to broadly reach its annual target. Reuters reports.

(All pricing and percent gains are based on Early Pre-Market from 4:00 AM to 7:00 AM Eastern Time)
Benzinga reports.

1) $SUNE: SUNation Energy
Total gain: +78.88%

2) $PSTV: Plus Therapeutics
Total gain: +50%

3) $CTMX: CytomX Therapeutics
Total gain: +48.56%

4) $FAMI: Farmmi
Total gain: +31.05%

5) $JMSB: John Marshall Bancorp
Total gain: +26.3%

*Estimate and Actual numbers represent Earnings Per Share in US Dollars

YPF: YPF
4Q 2024
Before Market Open
Estimate: 0.660
Actual: N/A

AQN: Algonquin Power
4Q 2024
After Market Close
Estimate: 0.090
Actual: N/A

GCO: Genesco
4Q 2025
After Market Close
Estimate: 3.230
Actual: N/A

Time (ET) / Report / Period

8:30 AM - U.S. jobs report - Feb.
8:30 AM - U.S. unemployment rate - Feb.
8:30 AM - U.S. hourly wages - Feb.

“The big money is not in the individual fluctuations but in the main movements—that is, not in reading the tape but in sizing up the entire market and its trend.”

- Jesse Livermore

Sourced in: "How to Trade in Stocks", by Jesse Livermore, published in 1940.