Market Snapshot

Author

River1 Asset Management
August 08, 2025

Morning Note

presented by -

Calendar

Trading Observations

  • July CPI on Tuesday the next big macro input for the market.

  • Today - St. Louis Fed President Musalem is on the docket.

  • US gold futures hit record on reports of US Tariffs on imported bars

  • Oscillators still oversold

  • Late summer Friday, look for volumes to dry up this afternoon.

  • Fear and Greed only in Neutral

Futures

DOW +76

S&P +13

Nasdaq +38

Charts/Sentiment

CNN Fear/Greed Index

U.S. 10 Year Treasury

Vix

Bitcoin

Financials / Consumer / Healthcare

XYZ [streetaccount.com] GPV beat and raised FY guide. The only mild investor pushback is that Borrow (consumer lending) is big 2025 growth driver, and bad debt expense ramped

SG sank 29% in premarket trading Friday after the salad chain slashed its sales guidance and missed second-quarter estimates.  $25 salads are tough sell

MNST: $74 PT; Q2 Upside; Positive Topline/GM/Pricing; Strong Q3 Start In July; OW – Morgan Stanley

LLY: $1028 PT; Competitive Debates In Orfor Drove Weakness; Selloff Overdone; OW – Morgan Stanley and  “Compelling entry point” says JPM

Technology

AKAM - helped by beat and raise and Delivery growth improvement. With signs of revenue stabilization and improvement, coupled with strong margins, and valuation near trough levels, we view risk/reward favorably for value investors

MCHP - Are down 5% in premarket trading, after the semiconductor-device company reported its first-quarter results and gave a forecast.

EXPE +17% on their qtr…July saw a pick up in travel demand

TTWO - bookings growth well ahead and saw strong performance across portfolio. We remain constructive at these levels

CART climb 9.2% in premarket trading on Friday after the online grocery delivery company reported its strongest order growth since 2022 and forecast 3Q adj. Ebitda that beat estimates.

VIAV are soaring 19% in premarket trading, after the communications-equipment company reported first-quarter results that beat expectations and gave an outlook that is above the analyst consensus, prompting an upgrade.

Industrials 

Kratos Defense & Security Solutions (KTOS) – Baird - 2Q25 Recap: Purpose-Built Against Global Threats, New $70 Price Target

· We have been highly active since early-2024 in highlighting the emerging Defense Tech theme, which has now clearly arrived, with various names generating eye-watering returns for investors in 2025, coupled with significant capital markets activity and IPOs, however, KTOS remains one of the best-positioned Defense stocks for the foreseeable future.

· We reiterate our bullish stance on KTOS, with franchise program wins stacking up, coupled with 3-4 growth drivers set to emerge in 2026+, with the current Administration focused on highly-capable, low-cost weapon platforms.

· Stay long KTOS. Price target raised to $70.

Installed Building Products (IBP) downgraded to hold from buy at Loop Capital Markets

Johnson Controls International (JCI) enters into $5.0B accelerated share repurchase - 8-K

Rockwell Automation (ROK) downgraded to equal weight from overweight at Wells Fargo Securities

V2X (VVX) announces 2.0M share offering for holder Vertex Aerospace through RBC

GT slump 11% in premarket trading after the tire company reported a second-quarter loss, while analysts expected a profit of 19 cents.

Latest Media

$OSCR - Hot name in retail and social channels

Very attractive if models’ estimates hold.