FuboTV, Unity Software, Wendy'' s: What to See When the Stock Market Opens Today
Here’s what we’re watching ahead of Wednesday’s opening bell.
U.S. stock futures fell after information revealed customer prices jumped in April, as the financial rebound and supply disturbances increased prices for items and services. Futures for the S&P 500 fell 0.6%, a day after the broad stocks gauge posted its greatest two-decline because early March. Contracts for technology-heavy Nasdaq-100 dropped 1.1%. Agreements on the Dow, which suffered its biggest drop since late February, ticked down 0.3%. Read our full market wrap here.
What’s Showing up
Earnings are due from Bumble BMBL -4.63% and Jack in package JACK -0.26% after the close. Market Movers to Watch
8.07% shares soared 20% ahead of the open. The sports streaming company reported that revenue more than doubled in the first quarter and increased its guidance.
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< figcaption class=" wsj-article-caption short article __ inset __ image __ caption" itemprop=" caption "> The fuboTV logo design was hung from the New York Stock Exchange on the day of its IPO, Oct. 8, 2020.< span class=" wsj-article-credit post __ inset __ image __ caption __ credit "itemprop=" creator "> Image: carlo allegri/Reuters Wendy’s WEN 0.31% shares climbed 4.8% premarket after the fast-food chain stated its profit rose for the very first quarter
and raised its dividend. Unity Software U 3.63% shares added 3.5% premarket after it reported a 41% increase in first-quarter income and likewise raised its assistance. Novavax NVAX
-13.91% slid another 3.2% ahead of the bell, having shed 13.9% on Tuesday after it delayed strategies to seek regulatory clearances for its Covid-19 vaccine. Minerva Neurosciences NERV
-2.62% shares shot 18% higher before the bell. The biopharmaceutical business after Tuesday’s close launched the outcomes from a Phase 3 trial of a schizophrenia drug. Electronic Arts EA
0.50% shares ticked up 1.7% premarket. The videogame company ended its financial year with a strong final quarter, though it expects implied adjusted earnings for the existing quarter to decline from a year earlier, when the pandemic was still raving. Market Truths
There are $ 10 billion dollars’ worth of space-related SPAC deals waiting to complete, according to a recent IHS Markit report.
The average prices for existing single-family homes was higher in the very first quarter compared to a year previously for 182 of the 183 metro locations tracked by the National Association of Realtors, the group stated Tuesday. In 89% of those metro areas, median prices rose by more than 10% from a year earlier.
On this day in 1817, the Warsaw Stock market opens for trading in Warsaw, Poland, dealing with primarily federal government and business bonds. Initially, a mere one hour of trading, from 12 twelve noon up until 1 p.m., served to fill all the buy and sell orders.
Chart of the Day
‘s OXY -7.89% first-quarter outcomes show long-lasting financiers expect returns– even if that is sometime in the far-off future, writes Heard on the Street columnist Jinjoo Lee. Must Reads Considering That You Went to Bed
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Released at Wed, 12 May 2021 12:46:00 +0000
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