GameStop(US:GME) Youtube·2025-09-09 15:03Market Overview - US stock futures indicate gains at the open, with NASDAQ set to reach a new all-time high [1][2] - Investors are awaiting key inflation readings and revised jobs data, which is expected to show slower job growth [1][6] - The NASDAQ closed at a record high, driven by strong performances from tech stocks like Broadcom and Nvidia [2][3] Company Highlights - Apple is set to unveil the iPhone 17, with expectations for a thinner design and new features, including updates to AirPods and Apple Watches [1][2] - Oracle will report earnings after the closing bell, following a 40% stock surge since June, with a focus on a significant cloud services deal potentially worth $30 billion annually [1][2][3] - GameStop is expected to report a 3% revenue growth, driven by hardware and accessories, amidst a challenging year for the stock [2][3] Economic Indicators - The Bureau of Labor Statistics will release revised jobs data, expected to show 600,000 to 900,000 fewer jobs created from April 2024 to March 2025 [6][7] - Current job creation numbers stand at 1.76 million for the prior 12 months, indicating a significant downward revision [7][8] - The revisions may influence Federal Reserve rate decisions and highlight the need for improved data collection methods [8][9] Technology Sector Insights - The tech sector is experiencing upward momentum, with a focus on the implications of upcoming earnings reports and economic data [2][3] - Analysts are observing a potential shift away from large-cap tech stocks as growth rates converge with other sectors [16][17] - The AI landscape remains competitive, with companies like Oracle and others expected to benefit from ongoing demand [19][20]