Key Points To Watch Out For: Coinbase (COIN): Shares Linked to Bitcoin’s Rise Shares of Coinbase (COIN), Marathon Digital Holdings (MARA), and MicroStrategy (MSTR) rose in premarket trading, reflecting the upward trajectory of Bitcoin prices, which have surpassed $107,000. This increase is attributed to optimism surrounding the president-elect’s proposed agenda. SoftBank Group: Announcement of a […]
U.S. stock index futures traded lower on Tuesday as investors exercised caution ahead of this week’s Federal Reserve meeting, where the central bank is expected to cut rates at a slower pace of easing. Last day Dow Jones futures were down 110 points, or 0.3%, S&P 500 futures were down nearly 10 points, or 0.2%, […]
U.S. stocks climbed on Monday, trading in narrow ranges as investors awaited the Federal Reserve’s final policy meeting of 2024. In early trading, Dow Jones futures were up about 50 points, or 0.1%, S&P 500 futures were up about 8 points, or 0.1%, and Nasdaq 100 futures increased by approximately 55 points, or 0.3%. Futures […]
Key Points To Watch Out For: General Motors (GM): Cancellation of Robotaxi Program Boosts Shares General Motors announced the cancellation of its Cruise robotaxi program after nearly a decade of development and a $10 billion investment. This decision led to a pre-market rise of more than 1% in GM shares as the company redirects resources […]
U.S. stock index futures showed little movement on Wednesday, stabilizing after a downbeat session on Wall Street. Investors remained cautious ahead of the release of key inflation data that could provide insights into the Federal Reserve’s interest rate trajectory. Wall Street indexes ended Tuesday lower, weighed down by continued weakness in technology stocks following disappointing […]
Key Points To Watch Out For: Oracle (ORCL): Earnings Miss Expectations Oracle, the cloud software company, reported adjusted quarterly earnings that fell below analysts’ estimates. This caused its shares to drop more than 8% in pre-market trading, highlighting ongoing challenges within its core business segment. HealthEquity (HQY): Weak Forecasts Drag Shares HealthEquity, a firm specializing […]
U.S. stock index futures traded within narrow ranges on Tuesday, stabilizing after a sharp pullback in technology stocks drove Wall Street away from its all-time highs. Investors are turning their attention to upcoming inflation data for further clues on the Federal Reserve’s next moves. Losses in the technology sector weighed on Monday’s trading, with the […]
Key Points To Watch Out For: Super Micro (SMCI): Extraordinary Extension from Nasdaq Super Micro Computer (SMCI) secured an extraordinary extension from Nasdaq to file its overdue annual report. This development fueled investor optimism, propelling the stock up by 10% in pre-market trading. Renowned for its expertise in developing artificial intelligence servers, Super Micro continues […]
U.S. stock index futures were slightly lower on Monday as investors consolidated recent gains ahead of the release of key inflation data this week, seeking more clarity on interest rates. Futures dipped after Wall Street indexes hit record highs on Friday, driven by a tech stock rally, while better-than-expected nonfarm payrolls data did little to […]
Key Points To Watch Out For: Salesforce (CRM): AI-Driven Growth Highlighted Enterprise software provider Salesforce raised its annual revenue forecast, citing the success of its “agent” artificial intelligence system. This innovation drove better-than-expected quarterly sales, sending shares soaring by more than 10% in premarket trading. Marvell Technology (MRVL): Strength in the Chip Market Chip producer […]
