5 Things to Know Before the Stock Market Opens on Friday
Stock futures rise after four days of losses, with Oracle shares up 6% on strong earnings and outlook. Adobe shares fall 4% despite beating estimates, while Kroger shares drop 3% on mixed results. Investors await the August CPI report ahead of the Fed's interest rate decision next week.
How this was made

The 30-second read
Why it matters
Earnings releases provide fresh data for pricing models; the CPI preview adds macro context that could affect sector rotation.
Market read
Three major earnings reports drive individual stock moves while broader market sentiment hinges on upcoming CPI data.
What to watch
Oracle's guidance may be challenged by rising cloud competition; macro inflation data could shift sentiment later in the day.
Background
The article previews the market open, noting futures up and upcoming August CPI, then details earnings for Oracle, Adobe, and Kroger.
Ticker impact
Oracle reported record Q1 revenue $19.35B and raised full-year revenue guidance to at least $90B, driving a 6% pre‑market jump.
ORCL may continue to rise intraday, targeting near‑term resistance around $115.
Revenue beat and guidance lift investor sentiment; market already reacting positively.
Adobe posted record Q3 revenue $6.76B and raised its full‑year outlook, yet the stock fell >4% pre‑market.
ADBE may face further downside, testing support near $460.
Mixed sentiment from earnings versus broader AI concerns limits upside.
Kroger posted Q2 earnings beat but missed sales estimates and trimmed its comparable‑sales forecast, sending the stock down ~3% pre‑market.
KR could test support around $45 before stabilizing.
Guidance downgrade and competitive pressures dominate the reaction.
Market effects
Strong cloud earnings boost tech sector sentiment; mixed results in software and consumer staples add nuance.
U.S. equities likely see heightened volatility ahead of CPI release.
Earnings from major U.S. firms influence global risk appetite.
Counterpoint
Investors could short‑sell Adobe and Kroger despite earnings beats, betting on execution risk.
Key entities
- CompanyOracle
Cloud and enterprise software provider
- CompanyAdobe
Creative software maker
- CompanyKroger
Grocery retailer



