| What to watch today: Dow set to bounce after breaking a six-session win streak | | |  | WED, FEB 10, 2021 | | | | AS OF WED, FEB 10, 2021 • 08:57 ET | | Dow Jones Fut | | 31,375.83 | | Current: | 31,418.00 | | Change: | 140.00 | | Impl. Open: | 139.17 | | | S&P 500 Fut | | 3,911.23 | | Current: | 3,925.00 | | Change: | 19.50 | | Impl. Open: | 19.77 | | | NASDAQ 100 Fut | | 13,687.08 | | Current: | 13,745.75 | | Change: | 65.50 | | Impl. Open: | 66.67 | | | Russell 2000 Mini | | 2,299.00 | | Current: | 2,312.60 | | Change: | 15.50 | | Impl. Open: | 18.80 | | | This morning, the government reported January consumer prices rose 0.3%, matching estimates. At 2 p.m. ET, Fed Chairman Jerome Powell speaks on an Economic Club of New York webinar. Uber (UBER), Zillow (ZG), MGM Resorts (MGM), Spirit Airlines (SAVE) and Equifax (EFX) release quarterly results after Wall Street's closing bell. (CNBC) | | Coca-Cola on Wednesday said the coronavirus pandemic is still hurting sales, but cost-cutting efforts helped it top analyst earnings estimates. Shares of the Dow component rose 2% in premarket trading. The beverage giant made 47 cents per share in the fourth-quarter. Net sales dropped 5% to $8.6 billion, missing expectations. (CNBC) | | | | Shares of General Motors fell less than 1% in the premarket after the U.S. automaker said Wednesday that a global semiconductor chip shortage could cut earnings by $1.5 billion and $2 billion this year. GM also issued fourth-quarter profit of $1.93 per share on revenue of $37.5 billion. Both beat analyst expectations. (CNBC) | | | Shares of Twitter rose about 9% in Wednesday's premarket, the morning after the social media network reported fourth-quarter earnings of 38 cents per share on revenue of $1.29 billion, both of which beat estimates. Monetizable daily active users gained 30% to 192 million from a year ago, but still fell short of expectations. (CNBC)
Twitter is "bigger than any one account," said CEO Jack Dorsey, in his first earnings call following the ban of then-President Donald Trump last month, days after the Jan. 6 attack on the U.S. Capitol. | | | Opening arguments are set begin at noon ET Wednesday in Trump's second impeachment trial. An emotional first day ended with the Senate voting to hear the case on whether to convict the former president of inciting the Capitol riot even though he's no longer in office. (AP)
Watching the proceedings from his Mar-a-Lago club in Palm Beach, Florida, Trump was furious at what he saw from his attorneys Tuesday, according to a person familiar with his thinking. The 50-50 split Senate is expected to acquit Trump. (AP)
* GOP senator rips former president's impeachment legal team (CNBC) | | | The crushing coronavirus spike in the U.S. has been showing signs of abating, with 95,360 new cases Tuesday being less than a third of the record high new daily infections of 300,282 on Jan. 2. The number of people in U.S. hospitals being treated for Covid-19 totaled 79,179 on Tuesday, the first daily count below 80,000 since Nov. 18. U.S. deaths from the virus averaged 2,857 over the past seven days. Fatalities reached a single-day peak of 4,432 on Jan. 12.
* CVS, Walgreens, other pharmacies to begin Covid vaccines within days (USA Today)
* J&J CEO says people may need annual Covid vaccine shots for the next several years (CNBC) | | | | Eli Lilly (LLY) received emergency use authorization from the FDA for its combination antibody therapy used to treat Covid-19 patients. Data from a late-stage trial showed that the treatment cut the risk of hospitalization and death by 70%. (Reuters) | | | | Musk's SpaceX has widened the scope of the public beta test of its Starlink satellite internet service, saying it is accepting preorders from potential customers. Prospective Starlink users can enter a service address on the company's website, with preorders available for $99. (CNBC) | | Under Armour (UAA): The athletic apparel maker earned 12 cents per share, compared to analysts' forecasts of a 7 cents per share loss. Revenue also beat estimates, amid an online sales surge. | | | | Lyft (LYFT): Lyft stock is up more than 10% premarket trading, with the ride-sharing service posting a smaller-than-expected loss. Lyft reported a quarterly loss of 58 cents per share, 14 cents a share smaller than anticipated. Revenue was above estimates. The company also said it could become profitable by the third quarter of this year, three months sooner than it previously projected. | | | | Mattel (MAT): Mattel reported quarterly profit of 40 cents per share, 17 cents a share above estimates. The toy maker's revenue also topped Wall Street projections, propelled by strong holiday season sales of toys like Barbie dolls and Hot Wheels cars. The stock gained 2% in premarket trading as of 7:46 a.m. ET. | | | | Yelp (YELP): Yelp shares are gaining ground after the restaurant and local services review site company posted quarterly profit of 27 cents per share, compared to consensus forecasts of a breakeven quarter. Revenue was also above forecasts, and Yelp is projecting that it will return to year-over-year revenue growth for 2021. | | | | Akamai Technologies (AKAM): Akamai posted better-than-expected profit and revenue for its latest quarter, but the technology security company is seeing its stock fall in premarket trading amid a rise in operating expenses. | | | | Toyota (TM): The automaker raised its full-year earnings forecast by 54%, noting a faster-than-expected rebound from the pandemic and adding that it has not had to reduce production significantly despite a worldwide shortage of computer chips. | | | | Match Group (MTCH): Match Group shares are on the rise after the dating service operator announced it had bought South Korean social media company Hyperconnect for $1.73 billion. Hyperconnect offers apps that allow users to connect through audio and video chats. | | | | Pacific Biosciences (PACB): Pacific Biosciences is seeing its shares jump in the premarket following news that Japan's SoftBank is investing $900 million in the U.S.-based gene sequencing company. The stock surged 22% in premarket trading. | | PepsiCo's (PEP) Quaker Oats said its Aunt Jemima pancake mix and syrup will be renamed Pearl Milling Company. Aunt Jemima products will continue to be sold until June, when the packaging will change. Back in June, Quaker Oats said it would retire the Aunt Jemima brand, saying its origins are "based on a racial stereotype." (Reuters) | | |
⊗⋗⋮〖~DownLoad!〗 2021 Initiation Full Movie Online released 2021. story: Whiton University unravels the night a star-athlete is murdered, k...
Post a Comment