((Automatic translation by Reuters, please see disclaimer https://bit.ly/rtrsauto))
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February 7 – Wall Street was set to open slightly higher on Wednesday, as investors took stock of strong earnings from companies such as Ford and Snap while awaiting additional signals from policymakers on interest rate cuts.
As of 9:08 am ET, the Dow e-minis 1YMc1 were up 0.19% at 38,688. The S&P 500 e-minis ESc1 rose 0.39% to 4,994.25, while the Nasdaq 100 e-minis NQc were up 1575%.
The top three NYSE percentages ahead of .PRPG.NQ:
** Glatfelter Corp GLT, up 110.9%
**MariaDB MRDB.K, up 71.7%
**Roblox Corp RBLX.K, up 11.3%
The top three NYSE percentage losers ahead of .PRPL.NQ:
**SNAP SNAP.K, down 31.2%
**fuboTV FUBO.K, down 13.9%
**MeridianLink MLNK.K, down 14.2%
Nasdaq tops two percent gains ahead of .PRPG.O:
**Microcloud Hologram HOLO.O, up 131.8%
** SMX Public SMX.O, up 95.3%
The two biggest losses before the Nasdaq’s .PRPL.O market:
**ADDvantage Technologies AEY.O, down 25.3%
** Snap Inc SNAP.N: Down 31.2% pre-market
BUZZ – Declines after declines in 4th quarter
** WestRock Co WRK.N: rose 4.5% before the market launch
BUZZ – Rising demand signals recovery after results from rival Smurfit Kappa
** Lumen Technologies Inc LUMN.N: +11.1% in first listing
BUZZ – Up after surprise quarterly profit release
** Ford Motor Company FN: Up 5.7% ahead of market launch
BUZZ – Rise after announcement of additional dividend
** Fortinet Inc FTNT.O: rose 9.7% pre-market
BUZZ – Brokers raise forecasts on growth after release of better-than-expected quarterly results
** FuboTV Inc FUBO.N: Down 13.9% before market launch
BUZZ – New sports streaming app stokes fear of competition
** Cognizant Technology Solutions Corp CTSH.O: Down 5.8% before market launch
BUZZ – Cut following weak revenue forecast for fiscal year
** VF Corp VFC.N: Down 10.3% before market launch
BUZZ – Turnover and profit fall for 3rd quarter that don’t meet expectations
** Target Corp TGT.N: +2.5% pre-market
BUZZ – Increased after announcement of paid membership program
** I-Mab IMAB.O: +2.5% before marketing
BUZZ – Rise following plans to divest from China activities
** Triumph Group Inc TGI.N: Down 12.7% in premarket
BUZZ – A cut in fiscal year guidance and a decline after a surprise quarterly loss
** Yum Brands Inc YUM.N: down 1.4% premarket
BUZZ – Cut after Q4 revenue misses estimates
** XPO Inc XPO.N: Up 8.5% in the market
BUZZ – Moves after quarterly results beat estimates
** MeridianLink Inc MLNK.N: Down 14.2% pre-market
BUZZ – Down after Thoma Bravo reduced its stake in a secondary offer
** CVS Health Corp CVS.N: +0.9% in first listing
BUZZ – Increase after fourth quarter profit release
** elf Beauty Inc ELF.N: +5.3% before market trading
BUZZ – Growth and forecasts revised upward after solid quarter
** Regenxbio Inc RGNX.O: Up 8.4% before marketing
BUZZ – Rise after promising study on muscle disorders
** First Solar Inc FSLR.O: Up 4.5% pre-market
** Array Technologies Inc ARRY.O: rose 3.2% premarket
** Maxeon Solar Technologies Ltd MAXN.O: Up 3.6% before the market
** Canadian Solar Inc CSIQ.O: rose 3.9% before the market
BUZZ – Solar stocks rise after Enphase Energy’s strong demand outlook
** Emerson Electric Co EMR.N: +5.6% in first listing
BUZZ – Increase in profit forecast for 2024
** Amgen Inc AMGN.O: Down 0.8% before market launch
BUZZ – Leerink Partners down after stock downgrade on weight-loss drug concern
** New York Times Co NYT.N: Down 4.1% in first listing
BUZZ – The decline follows a decline in fourth-quarter turnover
** Yum China Holdings Inc YUMC.N: Up 10.5% premarket
BUZZ – US stocks rise following better-than-expected 4th quarter results
** Funware Inc PHUN.O: Down 23.4% before market launch
BUZZ – Stock Offering Plan Slides
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