Tag: NASDAQ:ZS
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Unilever Initiates Ice Cream Division Spin-Off and Announces Job Cuts; Berkshire Ramps Up Share Buyback Efforts, and More
Unilever (NYSE:UL) – Unilever announced on Tuesday the spin-off of its ice cream unit, including Magnum and Ben & Jerry’s, into an independent business, accompanied by a cost-cutting program that would cut 7,500 jobs. The initial action resulted in a 3.2% increase in shares in pre-market trading. Berkshire Hathaway (NYSE:BRK.A) – Berkshire Hathaway has stepped…
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U.S. Futures Dip as PCE Data Looms; Modest Gains for WTI and Brent Crude in April Contracts
U.S. index futures are down in pre-market trading as investors await the release of January’s Personal Consumption Expenditures (PCE) deflator, a key indicator for the Federal Reserve (Fed). Anxiety mounts following surprises in CPI and PPI indices, while the Fed maintains a cautious stance on interest rate cuts. At 05:40, Dow Jones futures (DOWI:DJI) fell…
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Wall Street Radar: Amazon, Blackrock, General Motors, Eli Lilly, Novavax..
Amazon (NASDAQ:AMZN) announces record sales during Black Friday and Cyber Monday, and introduces a new data center chip to intensify competition with Microsoft. Boeing (NYSE:BA) joins the business coalition for net-zero emissions. BlackRock’s (NYSE:BLK) shares are on an upward streak, potentially marking the longest winning streak since August 2014. US Thanksgiving weekend sees over 200 million shoppers…
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Keep An Eye Out: Pre-Market Movers And Analyst Recommendations
Today, all eyes are focused on U.S. CB consumer confidence data in a couple of hours. Economists, on average, forecast that November CB Consumer Confidence will stand at 101.0, compared to the previous figure of 102.6. Also, investors will likely focus on the U.S. S&P/CS HPI composite – 20 n.s.a, which came in at +2.2%…
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Monday’s Wall Street Highlights: Walmart, Disney, Lloyds Banking, Mitsui Financial, HSBC, and more
U.S. index futures show a slight decline in Monday’s pre-market. This scenario is a response to the recent increase in U.S. interest rates, the drop in oil prices, and unfavorable economic indicators from China influencing market movements. As of 05:59 AM, Dow Jones futures (DOWI:DJI) fell 28 points, or 0.08%. S&P 500 futures declined by…
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Keep An Eye Out: Pre-Market Movers And Analyst Recommendations
Pre-Market U.S. Stock Movers Netflix Inc (NASDAQ:NFLX) surged about +13% in pre-market trading after the company reported stronger-than-expected Q3 EPS, posted its best subscriber growth in years, and confirmed it would start raising prices. Tesla Inc (NASDAQ:TSLA) slid over -5% in pre-market trading after the Austin-based company reported weaker-than-expected Q3 results. Las Vegas Sands Corp…
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Keep An Eye Out: Pre-Market Movers And Analyst Recommendations
Pre-Market U.S. Stock Movers United Airlines Holdings (NASDAQ:UAL) slid over -4% in pre-market trading after the carrier provided weaker-than-expected Q4 EPS guidance. Floor & Decor Holdings (NYSE:FND) climbed more than +7% in pre-market trading after entering the S&P MidCap 400 index. NVIDIA Corporation (NASDAQ:NVDA) fell over -1% in pre-market trading after Morgan Stanley lowered its…
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Wednesday’s Wall Street Highlights: Verb Technology, Apple, Alphabet, Warner Bros, and more
US index futures are lower in premarket trading on Wednesday, weighed down by disappointing numbers in Europe and a rise in the cost of oil the day before. These factors heighten inflation concerns as investors await new US indicators, including the Beige Book. By 6:52, Dow Jones futures (DOWI:DJI) were down 51 points, or 0.14%. S&P 500…
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Tuesday’s Wall Street Highlights: Goldman Sachs, Airbnb, Tesla, Novo Nordisk, and more
US index futures are lower in premarket trading on Tuesday, influenced by a series of PMI index announcements from various countries, which gauge the activity of specific sectors. By 6:52 AM, Dow Jones Futures (DOWI:DJI) were down 3 points, or 0.01%. S&P 500 futures were down 0.11% and Nasdaq-100 futures were down 0.21%. The yield on the…