Market Dynamics and Industry Trends - Boeing shares climbed 7% in pre-market trading after the Federal Aviation Administration certified the 737 Max 7 jetliner for flight [1] - Amazon market capitalization surpassed $3 trillion driven by strong earnings, robust AWS performance, and increasing AI demand [3] - Palantir Technologies shares surged 16% following a 93% year-over-year increase in revenue, boosted by strong US commercial business and artificial intelligence platform adoption [3][4] - NASDAQ futures rose in early trading led by technology shares, and the Dow surged 560 points to reach a record high [5] - SpaceX will hold its first earnings call as a public company amid a sharp post-IPO stock decline and investor concerns over Starship development and insider share sales [6] - Micron Technology shares fell after reports that Apple is evaluating memory chips from a rising Chinese competitor [7] Financial Performance and Corporate Earnings - BP reported more than double its quarterly profit driven by surging oil prices amid the ongoing conflict involving Iran [2] - Advanced Micro Devices is expected to post earnings per share of $16 on revenue of $11.3 billion [7] - Caterpillar is projected to report earnings of $65 per share with revenue of $19.3 billion [7] - Toyota is projected to post 54 cents per share in earnings on revenue of $81.9 billion [8]
First Look: Boeing, BP, Amazon, Palantir Lead Major Market Moves