| What to watch today: Wall Street looks like it's going to extend its losing streak | | |  | FRI, JAN 21, 2022 | | | | AS OF FRI, JAN 21, 2022 • 08:47 ET | | Dow Jones Fut | | 34,715.39 | | Current: | 34,528.00 | | Change: | -88.00 | | Impl. Open: | -71.39 | | | S&P 500 Fut | | 4,482.73 | | Current: | 4,454.25 | | Change: | -20.50 | | Impl. Open: | -19.88 | | | NASDAQ 100 Fut | | 14,846.46 | | Current: | 14,730.50 | | Change: | -110.50 | | Impl. Open: | -102.96 | | | Russell 2000 Mini | | 2,024.04 | | Current: | 2,014.40 | | Change: | -6.80 | | Impl. Open: | -8.04 | | Intel (INTC) will invest $20 billion in two new plants in Ohio to make advanced chips, the company said Friday, the first step to a "mega-site" that can accommodate eight chip factories costing $100 billion. The planned investment includes 3,000 permanent jobs and 7,000 construction jobs on the 1,000-acre site just outside of Columbus. (Reuters)
* Twitter shakes up its security team as new CEO reorganizes (NY Times) | | | | The U.S. and Russia are trying to avoid another conflict in Europe. However, the top diplomats from both nations warned Friday that no breakthrough was imminent as fears rise that Moscow is planning to invade Ukraine. In 2014, Russia seized control of Ukraine's Crimean Peninsula. (AP) |  | CSX (CSX) beat estimates by 1 cent with a quarterly profit of 42 cents per share. The railroad operator's revenue also beat forecasts. However, the stock fell 1.4% in the premarket as the company noted a surge in expenses. | | | | Intuitive Surgical (ISRG) reported adjusted quarterly earnings of $1.30 per share, 2 cents above estimates, with the surgical equipment maker's revenue topping estimates as well. However, the stock is being pressured after the company noted a decline in procedures using its Da Vinci surgical system. Intuitive Surgical slumped 6.4% in premarket trading. | | | | PPG Industries (PPG) is seeing its shares fall in premarket trading despite beating Wall Street forecasts on the top and bottom lines for its latest quarter. The paint and coatings maker is seeing demand take a hit from declining airplanes and automobiles production. The stock lost 2.9% in the premarket. | | | | Schlumberger (SLB) rose 1% in the premarket after it beat top and bottom-line estimates for the fourth quarter. The oilfield services company earned an adjusted 41 cents per share, 2 cents above estimates, as higher oil prices spurred demand for drilling services. | | | | Rio Tinto (RIO) lost 1.6% in premarket trading after Serbia revoked the mining company's lithium exploration licenses, citing environmental concerns. Rio had aimed to become one of the top producers of lithium, a key component in batteries. | | | | Under Armour (UAA) rose 1.4% in the premarket after Citi upgraded the stock to "buy" from "neutral," saying Under Armour is emerging from the pandemic in a very strong position in North America. | | Adele apologized to fans in a teary video Thursday, announcing she's postponing her anticipated Las Vegas residency due to Covid. Half her team and crew have come down with the virus, she added. The residency was scheduled to begin Friday at the Colosseum of Las Vegas' Caesars Palace Hotel. (NBC News) | | Meat Loaf, the singer and actor whose "Bat Out of Hell" album became one of the best-selling of all time, has died at the age of 74. Born Marvin Lee Aday, the rock musician's career spanned six decades across the music and film industries. (NBC News) | | |
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