Investment
Features
FeesSafety
Academy
More
Pluang+

Tech stocks rally premarket as weak jobs report fuels rate cut hopes

Technical Signals
07 Aug 2026
FXEmpire
View Source
Bullish
Tech stocks rally premarket as weak jobs report fuels rate cut hopes

Major tech stocks Tesla, Nvidia, and Amazon are set to open higher following a weaker-than-expected jobs report that has investors anticipating interest rate cuts. Tesla shows potential to fill a price gap near $340, while Nvidia benefits from recent momentum and a SpaceX partnership announcement. Amazon continues its upward trend, supported by strong technical indicators. This rally reflects a "bad news is good news" sentiment as markets react to the possibility of looser monetary policy ahead.

More News (TSLA)

Tesla's full self-drive adoption tops 55%, boosting paid subscriptions 56% YoY to 1.48M.

Tesla's full self-drive adoption tops 55%, boosting paid subscriptions 56% YoY to 1.48M.

Tesla, Inc. is increasingly becoming a software-driven company, with over 55% of new vehicle deliveries in North America now adopting its full self-drive (FSD) system. The company's paid FSD subscriptions have grown 56% year-over-year, reaching 1.48 ...

Market News
Bullish
2 days ago
Nio shares plunge 20% in a month amid rising competition, sparking sell debate.

Nio shares plunge 20% in a month amid rising competition, sparking sell debate.

Nio's stock dropped 20% in the past month, underperforming peers like Tesla and XPeng, signaling company-specific issues rather than sector-wide problems. Despite narrowing losses in the first half of 2026, investors worry about intensified competiti...

Market News
Bearish
2 days ago
Tesla's high valuation hinges on robotaxi success, but investor Steve Eisman remains skeptical.

Tesla's high valuation hinges on robotaxi success, but investor Steve Eisman remains skeptical.

Investor Steve Eisman, known for predicting the 2008 housing crash, criticizes Tesla's valuation as excessively high unless one believes its robotaxi business will dominate globally. Tesla's 2026 price-to-earnings ratio is about 220, far above tradit...

Market News
Neutral
2 days ago
Tesla stock rises 8% on Roadster hype but delivery odds by 2027 remain low at 37.5%.

Tesla stock rises 8% on Roadster hype but delivery odds by 2027 remain low at 37.5%.

Tesla's stock jumped 8.7% recently due to excitement over a potential new Roadster model expected by 2027, but prediction markets assign only a 37.5% chance of its delivery by then. Despite record vehicle sales and growth in energy storage and FSD su...

Market News
Neutral
2 days ago
Zoox's 100-robotaxi cap in Nevada expires, allowing fleet expansion amid rising competition in Las Vegas.

Zoox's 100-robotaxi cap in Nevada expires, allowing fleet expansion amid rising competition in Las Vegas.

Zoox's regulatory cap limiting its robotaxi fleet to 100 vehicles in Nevada will expire on September 25, enabling the Amazon-owned company to expand its commercial robotaxi service in Las Vegas. This comes as competition intensifies, with Waymo launc...

Market News
Bullish
3 days ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App