Dmytro Kharkov

Gary Black: U.S. stocks rise pre-market as tech rebounds ahead of key earnings

Gary Black: U.S. stocks rise pre-market as tech rebounds ahead of key earnings
U.S. stocks rise pre-market with tech

Gary Black, managing partner and investor at The Future Fund, reports that U.S. stocks moved higher in pre-market trading Monday. Tech stocks led the rebound before this week’s earnings from Samsung and SK Hynix, which are expected to test the strength of the AI-driven rally.

Black notes that TSLA recovered 1.3% in pre-market action after falling 7.5% on Thursday following Q2 deliveries.

Black has previously compared valuations in the sector, pointing out that investors are paying 150 times 2026 EV/EBITDA for SPCX while NVDA trades at 19 times for the same year in a recent analysis. He also highlighted SPCX’s IPO, which opened at $150 and climbed to $164 after its debut, referencing parallels to the META IPO in 2012 in a prior post. These previous remarks add context to his focus on key stock moves during earnings season.

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