Amit Kukreja
TRUMP CONFIRMS A US CHINA DEAL, PALANTIR EARNINGS TOMORROW, NOVEMBER BEGINS | MARKET FUTURES
11/3/2025, 12:12:24 AM
Economic Summary
- When stocks run up sharply into earnings (e.g., the session mentioned where a name ran up to 125), much of the expected move is often priced in, so companies must beat already-high expectations to move the stock higher.
- Operational results can be overshadowed by non-operational items: Meta reported 26% EPS growth but still fell due to a tax charge, illustrating how tax or one-time items can drive stock performance independent of core earnings (META).
- Earnings season produces heightened volatility and surprise risk, as shown by Robinhood's big miss and subsequent 29% drop, emphasizing the importance of cautious positioning before reports (HOOD).
Bullish
- AMD and SMCI face a potentially massive earnings week with upside if they beat expectations.
- Palantir (PLTR) likely avoids Meta-style tax issues, reducing one downside risk.
- Strong EPS growth can still indicate durable fundamentals despite volatility.
Bearish
- Pre-earnings run-ups can price in expected moves, leaving little upside and raising downside risk.
- Non-operational items like tax charges can wipe out gains despite strong EPS (e.g., META).
- Earnings misses can trigger large, abrupt selloffs (example: HOOD missed and plunged).
Bullish tickers
AMDSMCIPLTRABNB
Bearish tickers
METAHOOD
D-WAVE
Bullish
Included in the earnings-week lineup; upside depends on beating elevated expectations.
Bearish
Listed among companies reporting, but specifics absent; subject to the usual earnings run-up risk.
OSH
Bullish
Part of the earnings cohort that could surprise positively if results beat forecasts.
Bearish
Mentioned as part of the earnings slate with no details; vulnerable if expectations are priced in.
SOUN
Bullish
Could benefit from strong report relative to already-priced expectations during a busy earnings week.
Bearish
Named in a list of upcoming reports; lacks specific positives and faces earnings volatility.
ABNB
Bullish
Earnings could be a catalyst for upside if the company exceeds analyst expectations.
Bearish
Airbnb is on the earnings docket and could be susceptible to pre-report price compression.
AMD
Bullish
Highlighted as a major earnings name this week with potential for a sizable move if results impress.
Bearish
Caution advised because a large pre-earnings run-up can leave little room for upside.
SMCI
Bullish
Called out alongside AMD as likely to have a significant earnings-driven week if performance is strong.
Bearish
Faces the same risk as other names that have run up into earnings; expectations may be priced in.
META
Bullish
Reported 26% EPS growth, indicating robust operating performance.
Bearish
Despite strong EPS, the stock fell due to a tax charge, showing vulnerability to one-time items.
PLTR
Bullish
Not expected to have the kind of tax charge that hurt Meta, which could be relatively favorable.
Bearish
Still exposed to general earnings volatility and expectations being priced in.
HOOD
Bullish
Showed the ability to recover after exogenous events, indicating potential for rebound.
Bearish
Previously missed guidance by $20M and plunged ~29%, demonstrating downside from small misses.
People mentioned
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