With US stock futures trading higher this morning on Friday, some of the stocks that may grab investor focus today are as follows:
- The market for Tesla options has heated up, which have already been wildly popular in recent years. Trading in bullish call options hit the highest level of the year over the past week. Tesla shares rose 1% in prearket trading.
- Rivian Automotive Inc. late Thursday reported a narrower-than-expected quarterly loss, but called for steeper losses for the year, warned about ongoing supply-chain snags, and saw rising expenses, sending the stock lower in the extended session. Rivian shares slid 1% in prearket trading.
- Apple Inc. has asked suppliers to build at least as many of its next-generation iPhones this year as in 2021, counting on an affluent clientele and dwindling competition to weather a global electronics downturn.
- Wall Street expects Broadridge Financial Solutions, Inc. to report quarterly earnings at $2.63 per share on revenue of $1.67 billion before the opening bell. Broadridge Financial shares rose 1.3% to close at $171.87 on Thursday.
- Illumina, Inc. reported worse-than-expected results for its second quarter and issued weak full-year 2022 guidance. Illumina shares dipped 17% to $188.90 in the after-hours trading session.
- Analysts are expecting Spectrum Brands Holdings, Inc. to have earned $1.50 per share on revenue of $947.68 million for the latest quarter. The company will release earnings before the markets open. Spectrum Brands shares gained 1% to $71.23 in after-hours trading.
- Co-Diagnostics, Inc. reported downbeat results for its second quarter on Thursday. Co-Diagnostics shares dipped 39.6% to $3.90 in pre-market trading.
- LegalZoom.com, Inc. reported upbeat financial results for its second quarter, but lowered its full-year revenue guidance. LegalZoom.com shares gained 6.5% to $11.70 in the after-hours trading session.
Comments