Tech Strength Lifts Markets Ahead of Key Earnings

Major Indices Surged :

S&P 500 (SPX): +0.78%

Dow Jones (DJI): +0.47%

Russell 2000 (RUT): +0.17%

U.S. stocks closed higher on August 8, 2025, with the Dow Jones Industrial Average gaining 0.47%, the S&P 500 rising 0.78%, and the NASDAQ Composite climbing 0.98%, led by strong performances in the Technology, Healthcare, and Consumer Goods sectors.

U.S. stock futures rose early Monday, with Dow Jones futures up 146 points (0.3%), S&P 500 futures up 25 points (0.4%), and Nasdaq 100 futures up 127 points (0.5%) by 03:25 ET. Investors were focused on upcoming economic data and developments in the AI sector, while also digesting disappointing employment figures and evolving Federal Reserve interest rate expectations.

Key gainers on the Dow included Apple (+4.24%), Cisco (+2.70%), and UnitedHealth (+2.54%), while IBM (-3.15%), McDonald’s (-0.80%), and Disney (-0.40%) were among the weakest.

On the S&P 500, Gilead Sciences surged 8.28% to a 5-year high of $119.41, followed by Albemarle (+7.74%) and Gen Digital (+7.71%), while GoDaddy (-11.25%), Paramount Skydance (-10.48%), and Warner Bros Discovery (-8.01%) led declines.

The NASDAQ saw significant gains from Medirom Healthcare (+130.00%), Oriental Rise (+50.39%), and Alector (+47.26%), but TPI Composites (-54.00%), Fundamental Global (-48.08%), and Longeveron (-46.62% to an all-time low of $0.68) plummeted.

None scheduled

The index gained +0.47% to close at 44,175.61.

Support for the day: 44,085.52, with potential upside levels at 44,236.45 and 44,305.49.

The index closed at 23,611.27, with support for the day at 23,543.77 and potential upside levels at 23,650 and 23,700.

The index closed at 6,389.45, with support at 6,376.35 and potential upside levels at 6,397.84 and 6,414.04.

The price was trading at $637.98 pre-market, with support at $637.35 and potential upside levels at $638.95 and $640.08.

The price was trading at $574.90 pre-market, with support at $574.36 and potential upside levels at $575.96 and $577.

The price was trading at $221.08 pre-market, with support at $220.45 and potential upside levels at $221.45 and $221.99.

The price was trading at $292.76 pre-market, with support at $291.98 and potential upside levels at $293.66 and $294.35.

The price was trading at $25.59 pre-market, with support at $25.44 and potential upside levels at $25.72 and $25.82.

Barrick Gold reported strong Q2 2025 results, with net earnings per share of $0.47 (up from $0.27 in Q1) and adjusted net earnings per share also at $0.47. Gold production rose 5% QoQ to 797koz, in line with full-year guidance of 3.15-3.5Moz, driven by an 11% increase at Nevada Gold Mines and 28% at Pueblo Viejo.

Copper output jumped 34% QoQ to 59kt, tracking toward the upper end of 200-230kt annual guidance, led by Lumwana. Revenues climbed 18% QoQ to $3.68B, with H1 operating cash flow at $2.5B (+32% YoY) and free cash flow at $770M (+107% YoY). Gold cost of sales rose 2% QoQ to $1,654/oz, but AISC fell 5% to $1,684/oz; copper C1 cash costs improved to $1.80/lb from $2.25/lb.

The board declared a $0.15/share dividend (including $0.05 performance component) and repurchased $268M in shares, totaling $411M for H1 and $860M over 12 months.

The stock was trading at $22.60 pre-market, with support at $22.465 and potential upside levels at $22.705 and $22.79.

Monday.com delivered a strong Q2 2025 with revenue climbing 27% to $299M and notable customer growth, particularly within its CRM line, surpassing $100M ARR. While GAAP profit slipped into a $11.6M loss, non-GAAP operating income remained robust at $45.1M (15% margin), only slightly below last year’s efficiency.

The stock was trading at $199.89 pre-market, with a potential upside level at $201.80 if it manages to hold and sustain above $200.

Oklo (NYSE: OKLO) will report Q2 2025 results on August 11, with analysts expecting a loss of –$0.11 per share. Shares have soared over 255% YTD and 900% in the past year on optimism for its Aurora nuclear reactors.

Investors will watch for updates on NRC licensing progress, partnerships with Liberty Energy and Vertiv for data center deployments, and cash runway details as the company remains pre-revenue.

The stock was trading at $76.07 pre-market, with support at $75.75 and potential upside levels at $76.59 and $76.93.

Archer Aviation (ACHR) is set to report Q2 2025 earnings after market close on August 11, with analysts projecting an EPS loss of around –$0.25 on approximately $200,000 in revenue.

The report will be closely watched for updates on FAA certification progress for its Midnight eVTOL aircraft and its cash burn trajectory, particularly given the company's strategic partnerships and strong cash reserves, which will be crucial for scaling toward commercial operations.

The stock was trading at $9.77 pre-market, with support at $9.665 and potential upside levels at $9.879 and $9.94.