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2021-03-24

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Toplines Before US Market Open on Wednesday

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Nasdaq-100 futures rose 0.8%, suggesting&nbsp;technology stocks could recover some groundafteredging lower on Tuesday.\n<img src=\"https://static.tigerbbs.com/1a9677ff1b7af8372cf0b8b5405c359e\" tg-width=\"1080\" tg-height=\"367\">*Source FromTiger Trade, EST 08:17\nShares in Intel Corp. rose in premarket trading after it unveiled a&nbsp;plan&nbsp;to make chips for other companies amid a global shortage.\nThe stabilization in bond yields and assurances by Federal Reserve Chairman Jerome Powell on&nbsp;inflation risks&nbsp;have helped allay fears that a growth breakout will force tighter central-bank policy.\nTreasury&nbsp;auctions&nbsp;scheduled for Wednesday and Thursday will be closely watched for the direction of yields since last month’s disastrous seven-year auction sparked a global selloff in bonds and tech stocks. Today’s offerings include $61 billion of five-year notes.\nStocks making the biggest moves in the premarket:\nIntel&nbsp;(INTC) – Intel said it would spend $20 billion&nbsp;to build two new plants&nbsp;at existing facilities in Arizona, in an effort to grab more market shares and fill gaps created by a worldwide chip shortage. Intel aims to start production at the new plants by 2024. Intel shares rose 4% in premarket trading, while shares of competitor&nbsp;Taiwan Semiconductor&nbsp;(TSM) fell 2.1% following Intel’s announcement.\nTesla(TSLA)&nbsp;–&nbsp;Elon Musk announced last night that people can now buy a Tesla with Bitcoin (BTC). This option is only available for US customers so far, with Musk promising that people outside of the country will be able to buy a Tesla using BTC “later this year.”The stock rose 1% in premarket trading.\nAmazon.com&nbsp;(AMZN) – Amazon named Adam Selipsky&nbsp;as CEO of its Amazon Web Services unit, effective when current chief Andy Jassy replaces Jeff Bezos as Amazon CEO later this year. Selipsky had been an executive at Amazon Web Services to become CEO of Tableau Software, which has since been acquired by&nbsp;Salesforce.com&nbsp;(CRM). Amazon rose 1% in premarket trading.\nGameStop&nbsp;(GME) – GameStop reported quarterly earnings of $1.34 per share, missing forecasts by a penny a share. Revenue also came in below consensus. The videogame retailer did not address the Reddit-fueled trading frenzy in its stock during its earnings conference call, but in a Securities and Exchange Commission filing said it was considering the idea of&nbsp;raising money by selling shares&nbsp;to fund its ongoing transformation. The stock tumbled 14% in premarket trading.\nAMC Entertainment&nbsp;(AMC) – AMC shares turn from red to green in premarket trading following&nbsp;Walt Disney’s&nbsp;(DIS) announcement that it would&nbsp;delay the release of its “Black Widow” movie&nbsp;by two months, and offer it simultaneously in theaters and on its Disney+ service for a fee. The movie theater operator’s shares had plummeted 14.7% yesterday and 10.3% on Monday.\nViacomCBS&nbsp;(VIAC) – The media company’s shares fell another 6% in the premarket after sinking 9.1% Tuesday on news of a $3 billion stock offering.\nGeneral Mills&nbsp;(GIS) – The food producer fell 2 cents a share shy of Wall Street forecasts, with quarterly earnings of 82 cents per share. Revenue exceeded estimates and General Mills said expects demand for food at home to remain elevated relative to pre-pandemic levels. Its shares were down 3.7% in the premarket.\nWinnebago&nbsp;(WGO) – The company’s shares gained 4.2% in premarket action after the recreational vehicle maker reported quarterly profit of $2.12 per share, compared to a $1.42 a share consensus estimate. Revenue topped analysts’ forecasts and Winnebago saw a nearly 6 percentage point expansion in gross margins during the quarter.\nAdobe&nbsp;(ADBE) – Adobe beat estimates by 35 cents a share, with quarterly profit of $3.14 per share. The software company’s revenue came in above estimates as well and Adobe issued strong current-quarter and full-year earnings guidance on strength in its flagship Creative Cloud suite and other cloud-based offerings. Adobe rose 1% in premarket action.\nBank of New York Mellon&nbsp;(BK) – The bank’s shares climbed 2% in the premarket following a double upgrade from Bank of America Securities to “buy” from “underperform.” BofA said its call is based on attractive valuation as well as an improving profit outlook.\nExxon Mobil&nbsp;(XOM) – Exxon Mobil’s debt ratings were downgraded by rating agency Moody’s to Aa2 from Aa1, pointing to the energy giant’s aim to maintain its dividend. Moody’s said that policy will slow debt reduction at Exxon Mobil.\nSteelcase&nbsp;(SCS) – Steelcase earned 6 cents per share for its latest quarter, compared to a consensus estimate of a 1 cent per share loss. The office furniture maker’s revenue came in above forecasts as well. The company gave a weaker-than-expected forecast, however, as demand for office products continues to be weak. 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Nasdaq-100 futures rose 0.8%, suggesting&nbsp;technology stocks could recover some groundafteredging lower on Tuesday.\n<img src=\"https://static.tigerbbs.com/1a9677ff1b7af8372cf0b8b5405c359e\" tg-width=\"1080\" tg-height=\"367\">*Source FromTiger Trade, EST 08:17\nShares in Intel Corp. rose in premarket trading after it unveiled a&nbsp;plan&nbsp;to make chips for other companies amid a global shortage.\nThe stabilization in bond yields and assurances by Federal Reserve Chairman Jerome Powell on&nbsp;inflation risks&nbsp;have helped allay fears that a growth breakout will force tighter central-bank policy.\nTreasury&nbsp;auctions&nbsp;scheduled for Wednesday and Thursday will be closely watched for the direction of yields since last month’s disastrous seven-year auction sparked a global selloff in bonds and tech stocks. Today’s offerings include $61 billion of five-year notes.\nStocks making the biggest moves in the premarket:\nIntel&nbsp;(INTC) – Intel said it would spend $20 billion&nbsp;to build two new plants&nbsp;at existing facilities in Arizona, in an effort to grab more market shares and fill gaps created by a worldwide chip shortage. Intel aims to start production at the new plants by 2024. Intel shares rose 4% in premarket trading, while shares of competitor&nbsp;Taiwan Semiconductor&nbsp;(TSM) fell 2.1% following Intel’s announcement.\nTesla(TSLA)&nbsp;–&nbsp;Elon Musk announced last night that people can now buy a Tesla with Bitcoin (BTC). This option is only available for US customers so far, with Musk promising that people outside of the country will be able to buy a Tesla using BTC “later this year.”The stock rose 1% in premarket trading.\nAmazon.com&nbsp;(AMZN) – Amazon named Adam Selipsky&nbsp;as CEO of its Amazon Web Services unit, effective when current chief Andy Jassy replaces Jeff Bezos as Amazon CEO later this year. Selipsky had been an executive at Amazon Web Services to become CEO of Tableau Software, which has since been acquired by&nbsp;Salesforce.com&nbsp;(CRM). Amazon rose 1% in premarket trading.\nGameStop&nbsp;(GME) – GameStop reported quarterly earnings of $1.34 per share, missing forecasts by a penny a share. Revenue also came in below consensus. The videogame retailer did not address the Reddit-fueled trading frenzy in its stock during its earnings conference call, but in a Securities and Exchange Commission filing said it was considering the idea of&nbsp;raising money by selling shares&nbsp;to fund its ongoing transformation. The stock tumbled 14% in premarket trading.\nAMC Entertainment&nbsp;(AMC) – AMC shares turn from red to green in premarket trading following&nbsp;Walt Disney’s&nbsp;(DIS) announcement that it would&nbsp;delay the release of its “Black Widow” movie&nbsp;by two months, and offer it simultaneously in theaters and on its Disney+ service for a fee. The movie theater operator’s shares had plummeted 14.7% yesterday and 10.3% on Monday.\nViacomCBS&nbsp;(VIAC) – The media company’s shares fell another 6% in the premarket after sinking 9.1% Tuesday on news of a $3 billion stock offering.\nGeneral Mills&nbsp;(GIS) – The food producer fell 2 cents a share shy of Wall Street forecasts, with quarterly earnings of 82 cents per share. Revenue exceeded estimates and General Mills said expects demand for food at home to remain elevated relative to pre-pandemic levels. Its shares were down 3.7% in the premarket.\nWinnebago&nbsp;(WGO) – The company’s shares gained 4.2% in premarket action after the recreational vehicle maker reported quarterly profit of $2.12 per share, compared to a $1.42 a share consensus estimate. Revenue topped analysts’ forecasts and Winnebago saw a nearly 6 percentage point expansion in gross margins during the quarter.\nAdobe&nbsp;(ADBE) – Adobe beat estimates by 35 cents a share, with quarterly profit of $3.14 per share. The software company’s revenue came in above estimates as well and Adobe issued strong current-quarter and full-year earnings guidance on strength in its flagship Creative Cloud suite and other cloud-based offerings. Adobe rose 1% in premarket action.\nBank of New York Mellon&nbsp;(BK) – The bank’s shares climbed 2% in the premarket following a double upgrade from Bank of America Securities to “buy” from “underperform.” BofA said its call is based on attractive valuation as well as an improving profit outlook.\nExxon Mobil&nbsp;(XOM) – Exxon Mobil’s debt ratings were downgraded by rating agency Moody’s to Aa2 from Aa1, pointing to the energy giant’s aim to maintain its dividend. Moody’s said that policy will slow debt reduction at Exxon Mobil.\nSteelcase&nbsp;(SCS) – Steelcase earned 6 cents per share for its latest quarter, compared to a consensus estimate of a 1 cent per share loss. The office furniture maker’s revenue came in above forecasts as well. The company gave a weaker-than-expected forecast, however, as demand for office products continues to be weak. Its shares lost 3.4% in the premarket.\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯","AMZN":"亚马逊","GME":"游戏驿站","INTC":"英特尔",".IXIC":"NASDAQ Composite","AMC":"AMC院线"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121220814","content_text":"The Nasdaq 100 Index led U.S. equity futures higher while Treasury yields were steady\n\n\nOil rallies after container ship runs aground in Suez Canal\n\nU.S. stock futures edged higher Wednesday as investors awaited more testimony from Federal Reserve Chairman Jerome Powell and economic data on the pace of recovery.\nFutures tied to the S&P 500 index and the blue-chip Dow Jones Industrial Average ticked up about 0.4%. Nasdaq-100 futures rose 0.8%, suggesting technology stocks could recover some groundafteredging lower on Tuesday.\n*Source FromTiger Trade, EST 08:17\nShares in Intel Corp. rose in premarket trading after it unveiled a plan to make chips for other companies amid a global shortage.\nThe stabilization in bond yields and assurances by Federal Reserve Chairman Jerome Powell on inflation risks have helped allay fears that a growth breakout will force tighter central-bank policy.\nTreasury auctions scheduled for Wednesday and Thursday will be closely watched for the direction of yields since last month’s disastrous seven-year auction sparked a global selloff in bonds and tech stocks. Today’s offerings include $61 billion of five-year notes.\nStocks making the biggest moves in the premarket:\nIntel (INTC) – Intel said it would spend $20 billion to build two new plants at existing facilities in Arizona, in an effort to grab more market shares and fill gaps created by a worldwide chip shortage. Intel aims to start production at the new plants by 2024. Intel shares rose 4% in premarket trading, while shares of competitor Taiwan Semiconductor (TSM) fell 2.1% following Intel’s announcement.\nTesla(TSLA) – Elon Musk announced last night that people can now buy a Tesla with Bitcoin (BTC). This option is only available for US customers so far, with Musk promising that people outside of the country will be able to buy a Tesla using BTC “later this year.”The stock rose 1% in premarket trading.\nAmazon.com (AMZN) – Amazon named Adam Selipsky as CEO of its Amazon Web Services unit, effective when current chief Andy Jassy replaces Jeff Bezos as Amazon CEO later this year. Selipsky had been an executive at Amazon Web Services to become CEO of Tableau Software, which has since been acquired by Salesforce.com (CRM). Amazon rose 1% in premarket trading.\nGameStop (GME) – GameStop reported quarterly earnings of $1.34 per share, missing forecasts by a penny a share. Revenue also came in below consensus. The videogame retailer did not address the Reddit-fueled trading frenzy in its stock during its earnings conference call, but in a Securities and Exchange Commission filing said it was considering the idea of raising money by selling shares to fund its ongoing transformation. The stock tumbled 14% in premarket trading.\nAMC Entertainment (AMC) – AMC shares turn from red to green in premarket trading following Walt Disney’s (DIS) announcement that it would delay the release of its “Black Widow” movie by two months, and offer it simultaneously in theaters and on its Disney+ service for a fee. The movie theater operator’s shares had plummeted 14.7% yesterday and 10.3% on Monday.\nViacomCBS (VIAC) – The media company’s shares fell another 6% in the premarket after sinking 9.1% Tuesday on news of a $3 billion stock offering.\nGeneral Mills (GIS) – The food producer fell 2 cents a share shy of Wall Street forecasts, with quarterly earnings of 82 cents per share. Revenue exceeded estimates and General Mills said expects demand for food at home to remain elevated relative to pre-pandemic levels. Its shares were down 3.7% in the premarket.\nWinnebago (WGO) – The company’s shares gained 4.2% in premarket action after the recreational vehicle maker reported quarterly profit of $2.12 per share, compared to a $1.42 a share consensus estimate. Revenue topped analysts’ forecasts and Winnebago saw a nearly 6 percentage point expansion in gross margins during the quarter.\nAdobe (ADBE) – Adobe beat estimates by 35 cents a share, with quarterly profit of $3.14 per share. The software company’s revenue came in above estimates as well and Adobe issued strong current-quarter and full-year earnings guidance on strength in its flagship Creative Cloud suite and other cloud-based offerings. Adobe rose 1% in premarket action.\nBank of New York Mellon (BK) – The bank’s shares climbed 2% in the premarket following a double upgrade from Bank of America Securities to “buy” from “underperform.” BofA said its call is based on attractive valuation as well as an improving profit outlook.\nExxon Mobil (XOM) – Exxon Mobil’s debt ratings were downgraded by rating agency Moody’s to Aa2 from Aa1, pointing to the energy giant’s aim to maintain its dividend. Moody’s said that policy will slow debt reduction at Exxon Mobil.\nSteelcase (SCS) – Steelcase earned 6 cents per share for its latest quarter, compared to a consensus estimate of a 1 cent per share loss. The office furniture maker’s revenue came in above forecasts as well. The company gave a weaker-than-expected forecast, however, as demand for office products continues to be weak. Its shares lost 3.4% in the premarket.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"AMC":0.9,"AMZN":0.9,"ESmain":0.9,"NQmain":0.9,"YMmain":0.9,"GME":0.9,"INTC":0.9}},"isVote":1,"tweetType":1,"viewCount":387,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":17,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/351848504"}