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2021-04-20
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IBM, Netflix, Dogecoin, Tesla, 420 Day - 5 Things You Must Know
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The tech-heavy Nasdaq dropped 0.98%.</p>\n<p>Eighty-one of the 500 members in the S&P 500 index are expected to report earnings this week. According to FactSet, Wall Street expects an increase in earnings of more than 24% for companies in the broad market index.</p>\n<p>The yield on the 10-year U.S. Treasury rose early Tuesday to 1.626%.</p>\n<p><b>2.-- IBM's Revenue Rise Gets Boost From Cloud Business</b></p>\n<p>IBM was rising 3% in premarket trading Tuesday after posting better-than-expected first-quarter earnings and revenue and reiterating that it expects an increase in 2021 revenue.</p>\n<p>Revenue of $17.7 billion rose 1% from a year earlier and topped analysts' forecasts of $17.3 billion.Total cloud revenue in the quarter jumped 21% to $6.5 billion, while sales at IBM's cloud and cognitive software unit rose nearly 4% to $5.4 billion.</p>\n<p>\"Strong performance this quarter in cloud, driven by increasing client adoption of our hybrid cloud platform, and growth in software and consulting enabled us to get off to a solid start for the year,\" said CEO Arvind Krishna. “While we have more work to do, we are confident we can achieve full-year revenue growth and meet our adjusted free cash flow target in 2021.\"</p>\n<p>IBM said it expects adjusted free cash flow for the year of between $11 billion and $12 billion.</p>\n<p>Krishna, who assumed the top job at IBM last April, has been pursuing efforts to streamline the company’s operations with a focus on cloud-based computing.</p>\n<p>The stock gained 3% to $137.11 in premarket trading.</p>\n<p><b>3. -- Tuesday's Calendar: Netflix and Johnson & Johnson Earnings</b></p>\n<p>Earnings reports are expected Tuesday from Netflix, Johnson & Johnson, Procter & Gamble, Abbott Labs, Lockheed Martin, Travelers Cos., CSX and Philip Morris International.</p>\n<p>The U.S. economic calendar is light this week until Thursday.</p>\n<p><b>4. -- Dogecoin Surges on April 20 or 'Doge Day'</b></p>\n<p>Dogecoin, the meme-based digital currency with a dog as its logo, was rising more than 10% higher early Tuesday to more than 41 cents and its market cap has pushed past $53 billion.</p>\n<p>The hashtag #DogeDay has been trending on Twitter as fans looked to boost its price ahead of \"Weed Day\" or 4/20 (April 20). Tesla's Elon Musk has been one fan pushing for a Dogecoin record high on Tuesday.</p>\n<p>Musk has called Dogecoin \"the people's crypto.\" It rose more than 500% last week.</p>\n<p>Ahead of 4/20, the marijuana high holiday, shares of the benchmark ETFMG Alternative Harvest ETF were rising 2.91% to $21.60.</p>\n<p><b>5. -- Elon Musk Says Autopilot Wasn't Enabled in Fatal Tesla Crash</b></p>\n<p>Tesla edged lower Monday after CEO Elon Musk said company checks showed a car involved in a fatal crash over the weekend in Texas didn't have the Autopilot driver assistance system enabled.</p>\n<p>Musk tweeted Monday afternoon that \"Data logs recovered so far show Autopilot was not enabled & this car did not purchase FSD.\"</p>\n<p>Transport officials have begun probing the deadly weekend crash involving a Tesla Model S that reports said occurred while there was no driver at the wheel.</p>\n<p>The National Highway Traffic Safety Administration investigation follows multiple media reports that suggested the weekend incident in involving a Model S sedan, which took the lives of two passengers following a fiery crash outside of Houston, occurred while the car was operating under autopilot.</p>\n<p>\"We are actively engaged with local law enforcement and Tesla to learn more about the details of the crash and will take appropriate steps when we have more information,\" the agency said.</p>\n<p>Tesla shares fell 1.28% to $705.45 in premarket trading Tuesday. The stock tumbled 3.4% on Monday.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>IBM, Netflix, Dogecoin, Tesla, 420 Day - 5 Things You Must Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIBM, Netflix, Dogecoin, Tesla, 420 Day - 5 Things You Must Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-20 18:29 GMT+8 <a href=https://www.thestreet.com/markets/5-things-you-must-know-before-the-market-opens-tuesday-042021><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stock futures fall as investors look to earnings for signs of a post-pandemic recovery; IBM's revenue beats gets a boost from the cloud; Netflix reports earnings; Dogecoin continues its surge.\n1. -- ...</p>\n\n<a href=\"https://www.thestreet.com/markets/5-things-you-must-know-before-the-market-opens-tuesday-042021\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","NFLX":"奈飞","IBM":"IBM"},"source_url":"https://www.thestreet.com/markets/5-things-you-must-know-before-the-market-opens-tuesday-042021","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178415304","content_text":"Stock futures fall as investors look to earnings for signs of a post-pandemic recovery; IBM's revenue beats gets a boost from the cloud; Netflix reports earnings; Dogecoin continues its surge.\n1. -- Stock Futures Fall as Wall Street Weighs Earnings\nStock futures declined Tuesday as Wall Street looked to corporate earnings for indications on the strength of the post-pandemic recovery.\nInvestors also were monitoring the impact of accelerating COVID-19 infections in Asia and South America.\nContracts linked to the Dow Jones Industrial Average fell 127 points, S&P 500 futures dropped 14 points and Nasdaq futures were down 45 points.\nStocks declined Monday and the Dow and S&P 500 came off record highs as investors turned their attention to a busy week for earnings. The tech-heavy Nasdaq dropped 0.98%.\nEighty-one of the 500 members in the S&P 500 index are expected to report earnings this week. According to FactSet, Wall Street expects an increase in earnings of more than 24% for companies in the broad market index.\nThe yield on the 10-year U.S. Treasury rose early Tuesday to 1.626%.\n2.-- IBM's Revenue Rise Gets Boost From Cloud Business\nIBM was rising 3% in premarket trading Tuesday after posting better-than-expected first-quarter earnings and revenue and reiterating that it expects an increase in 2021 revenue.\nRevenue of $17.7 billion rose 1% from a year earlier and topped analysts' forecasts of $17.3 billion.Total cloud revenue in the quarter jumped 21% to $6.5 billion, while sales at IBM's cloud and cognitive software unit rose nearly 4% to $5.4 billion.\n\"Strong performance this quarter in cloud, driven by increasing client adoption of our hybrid cloud platform, and growth in software and consulting enabled us to get off to a solid start for the year,\" said CEO Arvind Krishna. “While we have more work to do, we are confident we can achieve full-year revenue growth and meet our adjusted free cash flow target in 2021.\"\nIBM said it expects adjusted free cash flow for the year of between $11 billion and $12 billion.\nKrishna, who assumed the top job at IBM last April, has been pursuing efforts to streamline the company’s operations with a focus on cloud-based computing.\nThe stock gained 3% to $137.11 in premarket trading.\n3. -- Tuesday's Calendar: Netflix and Johnson & Johnson Earnings\nEarnings reports are expected Tuesday from Netflix, Johnson & Johnson, Procter & Gamble, Abbott Labs, Lockheed Martin, Travelers Cos., CSX and Philip Morris International.\nThe U.S. economic calendar is light this week until Thursday.\n4. -- Dogecoin Surges on April 20 or 'Doge Day'\nDogecoin, the meme-based digital currency with a dog as its logo, was rising more than 10% higher early Tuesday to more than 41 cents and its market cap has pushed past $53 billion.\nThe hashtag #DogeDay has been trending on Twitter as fans looked to boost its price ahead of \"Weed Day\" or 4/20 (April 20). Tesla's Elon Musk has been one fan pushing for a Dogecoin record high on Tuesday.\nMusk has called Dogecoin \"the people's crypto.\" It rose more than 500% last week.\nAhead of 4/20, the marijuana high holiday, shares of the benchmark ETFMG Alternative Harvest ETF were rising 2.91% to $21.60.\n5. -- Elon Musk Says Autopilot Wasn't Enabled in Fatal Tesla Crash\nTesla edged lower Monday after CEO Elon Musk said company checks showed a car involved in a fatal crash over the weekend in Texas didn't have the Autopilot driver assistance system enabled.\nMusk tweeted Monday afternoon that \"Data logs recovered so far show Autopilot was not enabled & this car did not purchase FSD.\"\nTransport officials have begun probing the deadly weekend crash involving a Tesla Model S that reports said occurred while there was no driver at the wheel.\nThe National Highway Traffic Safety Administration investigation follows multiple media reports that suggested the weekend incident in involving a Model S sedan, which took the lives of two passengers following a fiery crash outside of Houston, occurred while the car was operating under autopilot.\n\"We are actively engaged with local law enforcement and Tesla to learn more about the details of the crash and will take appropriate steps when we have more information,\" the agency said.\nTesla shares fell 1.28% to $705.45 in premarket trading Tuesday. The stock tumbled 3.4% on Monday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":111,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":21,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/371357026"}
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