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Below are AI-generated insights on today's premarket moves, powered by MarketReader technology.

Friday, September 11

Noteworthy macro moves today: Oil (WTI) -4.7%. EUR/USD -0.3%. US Dollar Index +0.3%. Noteworthy US mega-cap moves today: Oracle Corp (ORCL) +6.5%. Meta Platforms Inc (META) +1.4%. Exxonmobil Holdings Corp (XOM) -1.0%.

Global equity indices are trading mixed, with U.S. and European markets higher while Asian markets are lower. The U.S. equity indices are buoyed by stronger-than-expected inflation data released today, which showed core inflation rising by 0.3% month-on-month in August, above the forecast of 0.2%. This has implications for Federal Reserve policy as markets now anticipate a higher likelihood of interest rate hikes in response to persistent inflationary pressures.

In the U.K., GDP growth for July came in at 0.4%, exceeding expectations of no growth, alongside a rebound in manufacturing production of 0.9%. These figures have contributed to positive sentiment in the U.K., helping lift stock prices despite ongoing concerns about inflation and geopolitical tensions affecting energy prices.

Conversely, Asian markets are experiencing declines due to rising oil prices and elevated Treasury yields, which have raised concerns about inflation and potential interest rate hikes from central banks globally. The Nikkei 225 fell sharply as investors reacted to these pressures, reflecting broader regional trends influenced by geopolitical instability.

Oil prices have seen significant volatility, with WTI crude dropping over 4% today amid fears of prolonged supply disruptions linked to Middle Eastern tensions and a downward revision in global oil demand forecasts by the International Energy Agency (IEA). This decline is impacting commodities broadly and contributing to shifts in market sentiment across various sectors.

iShares MSCI South Korea ETF (EWY) [+3.3%]
The iShares MSCI South Korea ETF is gaining in pre-market hours, reflecting a notable increase from Thursday's close. Contributing to this upward movement are strong performances from key holdings, including SKHY and KB, which have shown returns of 2.83% and 4.78%, respectively. Additionally, the broader market is experiencing positive trends, with the Nasdaq 100 Index up by 0.51%. This correlation suggests that EWY's performance is aligned with favorable market sentiment, despite ongoing inflationary pressures and rising crude oil prices impacting the overall economic landscape. The release of U.S. Consumer Price Index data, indicating persistent inflation concerns, may also be influencing investor confidence as they navigate these economic uncertainties.

United States Oil Fund LP (USO) [-3.3%]
Oil prices have pulled back amid reports of Middle Eastern foreign ministers negotiating a temporary deal with Iran concerning shipping through the Strait of Hormuz. This development follows increased regional tensions after Yemen's Houthis gained control of a key Red Sea island, further destabilizing shipping routes. Additionally, the International Energy Agency has revised its forecasts, now anticipating a decline in global oil supply and demand greater than previously expected, projecting a drop of 5.7 million barrels per day by 2026. These factors have contributed to the decline in United States Oil Fund LP during pre-market hours on Friday, following Thursday's close. Earlier in the session, the asset reached a session high before pulling back significantly.

ROBO Global Robotics & Automation Index ETF (ROBO) [+1.9%]
The U.S. Consumer Price Index (CPI) for August 2026 increased by 0.4%, matching forecasts and marking the highest rise in three months. This data has led traders to raise expectations for a potential Federal Reserve interest rate hike amid ongoing inflation concerns. Concurrently, rising crude oil prices tied to geopolitical tensions may influence sectors related to robotics and automation. The ROBO Global Robotics & Automation Index ETF is trading higher in pre-market hours, supported by strong performances from key holdings such as Teradyne, Coherent, and Xpeng. The Nasdaq 100 Index has also seen gains, reflecting a historical correlation with ROBO, which is benefiting from the broader positive market sentiment following recent favorable economic indicators.

ORCL | +5.9% | +27.4B
Oracle Corp | Information Technology
Oracle Corp shares are advancing in pre-market trading following a strong earnings report for the first quarter of fiscal 2027 that exceeded analyst expectations. The company reported adjusted earnings per share of $1.92, surpassing the consensus estimate of $1.74, alongside total revenue of $19.3 billion, above the anticipated $19.14 billion. Cloud revenue was a standout, increasing 62% year-over-year to $11.6 billion, driven by a 121% surge in cloud infrastructure revenue. Additionally, Oracle raised its fiscal year 2027 adjusted EPS guidance to $8.10 from $8.05 and expects total revenue to reach at least $90 billion. Positive analyst outlooks, including an Overweight rating from Cantor Fitzgerald with a price target of $284, have further bolstered investor sentiment. Earlier in the session, shares pulled back from their highs but remain higher since Thursday's close.

ADBE | -3.2% | -3.1B
Adobe Inc | Information Technology
Adobe Inc's stock is under pressure in pre-market trading following multiple analyst downgrades and price target reductions. Jefferies lowered its price target to $275 from $285, citing a lackluster Q3 performance, while Citi cut its target to $250 from $301, pointing to slowing annual recurring revenue growth and declines in remaining performance obligations. KeyBanc maintained an Underweight rating, emphasizing challenges related to shorter contract terms impacting bookings. Despite reporting strong earnings with adjusted EPS of $6.13 and revenue of $6.76 billion, concerns about growth overshadowed these positive results, contributing to the stock's decline. In pre-market hours, Adobe shares are trading lower, continuing a trend of declining performance over the past five sessions.

CPRT | +7.2% | +2.2B
Copart Inc | Industrials
Copart Inc received an upgrade from Barrington Research, raising its rating from Market Perform to Outperform with a price target of $40. This follows the company's announcement of a $1.9 billion acquisition of ACV Auctions at $10.50 per share, expected to enhance its vehicle remarketing capabilities and be accretive to earnings per share by fiscal 2028. Additionally, Baird maintained its Outperform rating on Copart but lowered its price target to $38. Following these developments, shares are trading sharply higher in pre-market hours, reflecting renewed investor interest after recent sessions of declines.

KR | -2.2% | -0.8B
Kroger Co | Consumer Staples
Kroger Co reported its second-quarter fiscal 2026 results, revealing a net income of $641 million, or $1.05 per share, compared to $609 million, or $0.91 per share, from the previous year. Adjusted earnings per share were $1.09, exceeding analyst expectations of $1.06. However, the company lowered its full-year guidance for identical sales growth without fuel to a range of 0.2% to 0.8%, down from a prior estimate of 1% to 2%. This revision reflects an approximately 140 basis point headwind from the Inflation Reduction Act. The combination of lowered sales growth expectations and a slight decline in adjusted FIFO operating profit has contributed to shares of Kroger Co trading lower in pre-market hours, with an initial drop of around 4.5% following the earnings announcement.

ES | +0.7% | +0.2B
Eversource Energy | Utilities
Eversource Energy declared a quarterly dividend of $0.7875 per share, yielding 4.6%. This dividend is set to be payable on September 30, 2026, to shareholders on record as of September 21, 2026. The announcement reflects the company's commitment to shareholder value and may positively influence investor sentiment. In after-market trading, shares of Eversource Energy have moved modestly higher since Thursday's close, recovering from an earlier low during the session.

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