| What to watch today: Stocks set to bounce after Tuesday's broad sell-off | | |  | WED, MAR 24, 2021 | | | | AS OF WED, MAR 24, 2021 • 08:35 ET | | Dow Jones Fut | | 32,423.15 | | Current: | 32,423.00 | | Change: | 117.00 | | Impl. Open: | 125.85 | | | S&P 500 Fut | | 3,910.52 | | Current: | 3,915.25 | | Change: | 15.50 | | Impl. Open: | 15.73 | | | NASDAQ 100 Fut | | 13,017.79 | | Current: | 13,094.25 | | Change: | 88.00 | | Impl. Open: | 90.46 | | | Russell 2000 Mini | | 2,185.69 | | Current: | 2,203.10 | | Change: | 22.70 | | Impl. Open: | 27.61 | | | Dow stock Intel (INTC) rose about 4% in premarket trading after the company said late Tuesday it will spend $20 billion to build two new semiconductor factories in Arizona. The announcement, coinciding with new CEO Pat Gelsinger's first public remarks since taking over the job, signals that Intel will continue to focus on manufacturing. (CNBC) | | | | Incoming Amazon (AMZN) CEO Andy Jassy, head of the company's cloud business for the past 15 years, revealed his Amazon Web Services successor in a memo to employees. Adam Selipsky, a former Amazon executive and currently CEO of Salesforce-owned data-visualization software maker Tableau, was chosen to run the AWS division. (CNBC) | | | | Elon Musk announced late Tuesday that it's now possible to buy Tesla (TSLA) vehicles in the U.S. with bitcoin. "You can now buy a Tesla with Bitcoin," tweeted CEO Musk, who was also officially made the "Technoking of Tesla" this month. People outside the U.S. will be able to buy a Tesla with bitcoin "later this year," Musk said, without specifying which countries. (CNBC) | | | | A cargo container ship that's among the largest in the world has turned sideways and blocked all traffic in Egypt's Suez Canal, officials said Wednesday, threatening to disrupt a global shipping system already strained by the coronavirus pandemic. (AP) | | | | AMC Entertainment (AMC) shares continue to fall following Walt Disney's (DIS) announcement that it would delay 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. (CNBC) | | | | Jeep is leading electrification plans for Stellantis (STLA), its new parent company formed earlier this year through the merger of Fiat Chrysler and French automaker Groupe PSA. Every new Jeep is expected to offer some form of electrification, including all-electric vehicles as well as hybrids. (CNBC) | | | | ViacomCBS (VIAC) shares fell another 7% in the premarket after sinking 9.1% Tuesday on news of a $3 billion stock offering. | | | | General Mills (GIS) 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 1.9% in the premarket. | | | | Winnebago (WGO) shares gained 3.7% 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. | | | | Adobe (ADBE) 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 1.2% in premarket action. | | | | Steelcase (SCS) 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. | | |
Tidak ada komentar:
Posting Komentar