• 215
  • 54
  • 2

Toplines Before US Market Open on Friday

Tiger Newspress2021-11-05

Futures tracking the S&P 500 and Nasdaq indexes hit a record high on Friday, boosted by a batch of strong earnings reports and Pfizer, while investors looked to monthly employment data for clues on the pace of economic growth.

At 08:00 a.m. ET, Dow e-minis were up 54 points, or 0.15%, S&P 500 e-minis were up 10.75 points, or 0.23%, and Nasdaq 100 e-minis were up 23.75 points, or 0.15%.

Travel stocks rose following the news, with American Airline , United Airlines, Delta Air Lines, cruise operators Carnival Corp and Norwegian Cruise rising between 2% and 4%.

The U.S. economy added more jobs than expected in October while the unemployment rate fell to 4.6%, the Labor Department reported Friday.Nonfarm payrolls increased by 531,000 for the month, compared to the Dow Jones estimate of 450,000. The unemployment rate had been expected to edge down to 4.7%.

Meanwhile, the U.S. House of Representatives is expected to vote on Friday on the social policy and climate-change bill and a bipartisan infrastructure bill.

Stocks making the biggest moves premarket:

Pfizer(PFE) – The drug maker's shares surged 10.4% in premarket trading after a study showed that its experimental Covid-19 antiviral pill reduced the risk of hospitalization and death by nearly 90%. Pfizer said it will ask regulators to approve the pill as soon as possible.

DraftKings(DKNG) – The sports betting company’s stock slid 10% in the premarket after it reported a wider-than-expected loss and revenue that fell short of Street forecasts. DraftKings did raise the midpoint of its fiscal 2021 revenue guidance and said it expected a strong 2022.

Nvidia(NVDA) – Nvidia shares rose 3% in premarket trading Friday after a 12% rise yesterday.Well Fargo Securities analyst Aaron Rakers reiterated an Overweight rating on Nvidia and bumped up the price target from $245 to $320.

Peloton(PTON) – Peloton tumbled 33% in the premarket after the fitness equipment maker slashed its full-year sales forecast by $1 billion, amid slowing demand for bikes and treadmills. Peloton also reported a quarterly loss of $1.21 per share, wider than the $1.07 loss expected by analysts, and revenue fell short of estimates as well.

Expedia(EXPE) – Expedia earned an adjusted $3.53 per share for its latest quarter, well above the $1.65 consensus estimate. Revenue was also higher than expected, with the travel services company benefiting from the surge in travel demand. Expedia soared 13.7% in premarket trading.

Airbnb(ABNB) – Airbnb rallied 5.9% in the premarket as the travel-demand surge lifted sales and earnings beyond Wall Street forecasts. Airbnb earned $1.22 per share for its latest quarter, beating the $0.75 consensus estimate, with sales coming in at a record high. The company also said it expects a strong holiday season.

Uber Technologies(UBER) – Uber reported its first profitable quarter on an adjusted basis, thanks to upbeat performances by its ride-sharing and food delivery services. It did post an overall loss due to the drop in value of its stake in China ride-hailing company Didi(DIDI). Uber rose 2.5% in premarket trading.

Pinterest(PINS) – Pinterest came in 5 cents above estimates with an adjusted quarterly profit of 28 cents per share, and the image-sharing site operator’s revenue also topped analyst forecasts. It is also predicting an upbeat current quarter as the online retailer spends more on holiday season ads. Pinterest jumped 3.8% in premarket action.

Square(SQ) -Square matched estimates with quarterly earnings of 37 cents per share, while the mobile payments company’s revenue missed forecasts. Square did see a nearly 60% rise in profit from a year earlier, thanks in large part to a surge in bitcoin transactions, but the stock dropped 3.5% in premarket trading.

Canopy Growth(CGC) – The Canadian cannabis producer lost 3 cents per share for its latest quarter, smaller than the 20-cent loss expected by analysts. However, revenue fell short of estimates and the company flagged slower-than-expected revenue growth for the second half of fiscal 2022. The stock fell 2.7% in the premarket.

Shake Shack(SHAK) – Shake Shack reported a quarterly loss of 5 cents per share, 1 cent less than Wall Street had anticipated, but the restaurant chain’s sales missed analyst forecasts. Despite the revenue miss, Shake Shack rallied 7.6% in the premarket.

Canada Goose(GOOS) – The outerwear maker reported an unexpected profit for its latest quarter along with better-than-expected revenue, and also raised its full-year forecast. Canada Goose also said it’s seeing an indication of a strong winter season, and shares jumped 7.4% in the premarket.

Live Nation Entertainment(LYV) – Live Nation shares rallied 5.4% in premarket action after the event promoter returned to profit amid a sales surge as live events returned. Results exceeded analyst estimates.

Lions Gate Entertainment(LGF) – The movie and tv studio is considering a sale or spin-off of its Starz premium cable channel, saying it sees the potential to unlock significant shareholder value. The stock surged 15.1% in the premarket.

免责声明:本文观点仅代表作者个人观点,不构成本平台的投资建议,本平台不对文章信息准确性、完整性和及时性做出任何保证,亦不对因使用或信赖文章信息引发的任何损失承担责任。

举报

评论54

  • Is this from bezinga pro? Anyone know?
    回复
    举报
  • HearMeRoar
    ·2021-11-07
    Chiong ah
    回复
    举报
  • HearMeRoar
    ·2021-11-07
    Huat
    回复
    举报
  • koolgal
    ·2021-11-07
    The good news continues with all 3 US indexes continuing their upward momentum! Next week should hit new records too!  This is the Santa rally which we have been waiting for since Black September!  Let's celebrate and bask in the sunshine! 🚀🚀🚀🎉🎊🎉
    回复
    举报
    收起
    • koolgal
      Thanks
      2021-11-09
      回复
      举报
    • 3f585b4d
      👍
      2021-11-09
      回复
      举报
    • koolgal回复tklew
      Thanks
      2021-11-07
      回复
      举报
    查看更多 2 条评论
  • justinemj
    ·2021-11-05
    $Pfizer(PFE)$ reduce risk for experimental vaccine? Pls! 
    回复
    举报
  • beanbun
    ·2021-11-05
    ok
    回复
    举报
  • Trentonyap
    ·2021-11-05
    Great info
    回复
    举报
  • TradingVest
    ·2021-11-05
    Nice
    回复
    举报
    收起
    • vbjvvbb
      Ok
      2021-11-05
      回复
      举报
  • Hayleypang
    ·2021-11-05
    Ho
    回复
    举报
    收起
  • Blyss
    ·2021-11-05
    Ok
    回复
    举报
  • justinC
    ·2021-11-05
    Djdjdjdj
    回复
    举报
    收起
    • justinC
      djdbbd
      2021-11-05
      回复
      举报
  • dnhos0005
    ·2021-11-05
    Good
    回复
    举报
  • edelyu
    ·2021-11-05
    Like 
    回复
    举报
    收起
  • Limhockmeng
    ·2021-11-05
    Wow 
    回复
    举报
  • Jazling
    ·2021-11-05
    Wow
    回复
    举报
    收起
    • Jazling
      Ok
      2021-11-05
      回复
      举报
  • MunYee531
    ·2021-11-05
    Okay 
    回复
    举报
  • Ccl2
    ·2021-11-05
    Like
    回复
    举报
    收起
    • edelyu
      Like
      2021-11-05
      回复
      举报
    • Ccl2
      Like
      2021-11-05
      回复
      举报
  • KAHHUAT
    ·2021-11-05
    Latest 
    回复
    举报
    收起
    • KAHHUAT
      Latest
      2021-11-05
      回复
      举报
  • Jamie13
    ·2021-11-05
    Like
    回复
    举报
    收起
    • Jamie13
      Ok
      2021-11-05
      回复
      举报
  • jwee
    ·2021-11-05
    K
    回复
    举报
    收起
    • jwee
      .
      2021-11-05
      回复
      举报
 
 
 
 

热议股票

 
 
 
 
 

7x24