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2021-06-04

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Toplines Before US Market Open on Friday

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stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1622810046,"share":"https://ttm.financial/m/news/1195193532?lang=&edition=fundamental","pubTime":"2021-06-04 20:34","market":"us","language":"en","title":"Toplines Before US Market Open on Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=1195193532","media":"Tiger Newspress","summary":"U.S. Futures, Treasuries Rise After Hiring DataAMC, BlackBerry shares slip as ‘meme stock’ rally fiz","content":"<ul><li>U.S. Futures, Treasuries Rise After Hiring Data</li></ul><ul><li>AMC, BlackBerry shares slip as ‘meme stock’ rally fizzles out</li></ul><p>U.S. futures pushed higher and Treasuries rose after May’s jobs report fell short of estimates.</p><p>At 8:34 a.m. ET, Dow e-minis were down 20 points, or 0.06%, S&amp;P 500 e-minis were up 4 points, or 0.1%, and Nasdaq 100 e-minis were up 18.25 points, or 0.13%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f079f3ba2e3fb8715dbae128358eb5c3\" tg-width=\"1080\" tg-height=\"416\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:34</span></p><p>Job creation disappointed again in May, with nonfarm payrolls up a solid 559,000 but still short of lofty expectations.</p><p>Payrolls were expected to increase by 671,000, according to economists surveyed by Dow Jones.</p><p>The unemployment rate fell to 5.8% from 6.1%, which was better than the estimate of 5.9%.</p><p>May's letdown came after April sharply undershot expectations, with the upwardly revised 278,000 still well short of the initial 1 million estimate that came with high hopes for an economy trying to shake loose its pandemic shackles.</p><p><b>Stocks making the biggest moves in the premarket:</b></p><p><b>AMC Entertainment&nbsp;(AMC)</b> – AMC fell 7.7% in the premarket, following the movie theater operator’s second share sale in a week to raise money. The stock had fallen almost 18% Thursday after announcing the sale, which had followed a 95% rise Wednesday and a nearly 23% gain Tuesday.</p><p><b>Bed Bath &amp; Beyond&nbsp;(BBBY)</b> – Bank of America Securities moved to a “no rating” on the housewares retailer, an unusual move that reflects the firm’s belief that the so-called “meme stock” is no longer trading on fundamentals. The firm also dropped coverage on&nbsp;<b>GameStop&nbsp;(GME)</b> for similar reasons, saying the videogame retailer’s stock is trading on non-fundamental factors. GameStop fell 1.4% in premarket trading, while Bed Bath &amp; Beyond was little changed.Shares of <b>Koss Corp&nbsp;(KOSS)</b>&nbsp;and&nbsp;<b>BlackBerry(BB)</b>&nbsp;dropped between 1% and 5%.</p><p><b>Facebook&nbsp;(FB) </b>–&nbsp;Europe and Britain launched formal antitrust investigations into Facebook&nbsp;on Friday to determine if the world's largest social network is using customers' data to unfairly compete with advertisers, in a new threat to its business model.Facebook Inc&nbsp;dropped 0.3%&nbsp;in premarket trading.</p><p><b>Lululemon&nbsp;(LULU)</b> – The athletic apparel and casualwear retailer reported quarterly earnings of $1.16 per share, compared to a consensus estimate of 91 cents a share. Revenue also exceeded forecasts, as Lululemon benefited from both a return by customers to physical locations as well as a jump in e-commerce sales. It also gave an upbeat forecast.</p><p><b>CrowdStrike&nbsp;(CRWD)</b> – The cybersecurity company beat Wall Street forecasts by 4 cents a share, with quarterly earnings of 10 cents per share. Revenue also topped analysts’ forecasts as CrowdStrike added more than 1,500 net new subscription customers.</p><p><b>Broadcom&nbsp;(AVGO)</b> – The chip maker beat estimates by 19 cents a share, with quarterly profit of $6.62 per share. Revenue came in slightly above forecasts. Broadcom also gave a better-than-expected outlook, helped by the ongoing adoption of 5G technology.</p><p><b>DocuSign&nbsp;(DOCU) </b>– DocuSign shares rallied 6.8% in premarket trading after the company beat Wall Street forecasts by 16 cents a share, with quarterly earnings of 44 cents per share. Revenue also beat estimates, and DocuSign gave an upbeat outlook as more companies adopt its electronic signature technology.</p><p><b>Five Below</b>&nbsp;<b>(FIVE) </b>– Shares of the discount retailer jumped 5.7% in the premarket, after first-quarter profit and revenue comfortably exceeded Street forecasts. Comparable-store sales surged 162% compared to the same quarter a year ago.</p><p><b>MongoDB&nbsp;(MDB)</b> – The database platform provider lost 15 cents per share for its latest quarter, less than half of the 37 cents a share loss expected by analysts. Revenue also exceeded estimates as subscription sales jumped 40%, and the company forecast a lower-than-expected full-year loss. The stock surged 6.2% in premarket action.</p><p><b>ChargePoint&nbsp;(CHPT) </b>– The electric vehicle charging network’s stock rose 1.1% in the premarket, despite reporting a wider-than-expected loss for its latest quarter. Its revenue beat Wall Street forecasts, however, and ChargePoint also held to its prior 2021 revenue outlook. Shares rose 2% in the premarket.</p><p><b>Zumiez&nbsp;(ZUMZ) </b>– The seller of apparel, footwear and athletic equipment gained 5% in premarket trading, after Zumiez surged past Wall Street’s consensus 4 cents a share estimate with first-quarter profit of $1.03 per share. Revenue also beat forecasts, with the company saying its business has recovered beyond pre-pandemic levels.</p><p><b>Asana&nbsp;(ASAN)</b> – The maker of collaboration software saw its stock rally 8.6% in the premarket after it reported a smaller-than-expected quarterly loss while its revenue and outlook beat consensus estimates.</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>Toplines Before US Market Open on Friday</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; 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The stock had fallen almost 18% Thursday after announcing the sale, which had followed a 95% rise Wednesday and a nearly 23% gain Tuesday.</p><p><b>Bed Bath &amp; Beyond&nbsp;(BBBY)</b> – Bank of America Securities moved to a “no rating” on the housewares retailer, an unusual move that reflects the firm’s belief that the so-called “meme stock” is no longer trading on fundamentals. The firm also dropped coverage on&nbsp;<b>GameStop&nbsp;(GME)</b> for similar reasons, saying the videogame retailer’s stock is trading on non-fundamental factors. GameStop fell 1.4% in premarket trading, while Bed Bath &amp; Beyond was little changed.Shares of <b>Koss Corp&nbsp;(KOSS)</b>&nbsp;and&nbsp;<b>BlackBerry(BB)</b>&nbsp;dropped between 1% and 5%.</p><p><b>Facebook&nbsp;(FB) </b>–&nbsp;Europe and Britain launched formal antitrust investigations into Facebook&nbsp;on Friday to determine if the world's largest social network is using customers' data to unfairly compete with advertisers, in a new threat to its business model.Facebook Inc&nbsp;dropped 0.3%&nbsp;in premarket trading.</p><p><b>Lululemon&nbsp;(LULU)</b> – The athletic apparel and casualwear retailer reported quarterly earnings of $1.16 per share, compared to a consensus estimate of 91 cents a share. Revenue also exceeded forecasts, as Lululemon benefited from both a return by customers to physical locations as well as a jump in e-commerce sales. It also gave an upbeat forecast.</p><p><b>CrowdStrike&nbsp;(CRWD)</b> – The cybersecurity company beat Wall Street forecasts by 4 cents a share, with quarterly earnings of 10 cents per share. Revenue also topped analysts’ forecasts as CrowdStrike added more than 1,500 net new subscription customers.</p><p><b>Broadcom&nbsp;(AVGO)</b> – The chip maker beat estimates by 19 cents a share, with quarterly profit of $6.62 per share. Revenue came in slightly above forecasts. Broadcom also gave a better-than-expected outlook, helped by the ongoing adoption of 5G technology.</p><p><b>DocuSign&nbsp;(DOCU) </b>– DocuSign shares rallied 6.8% in premarket trading after the company beat Wall Street forecasts by 16 cents a share, with quarterly earnings of 44 cents per share. Revenue also beat estimates, and DocuSign gave an upbeat outlook as more companies adopt its electronic signature technology.</p><p><b>Five Below</b>&nbsp;<b>(FIVE) </b>– Shares of the discount retailer jumped 5.7% in the premarket, after first-quarter profit and revenue comfortably exceeded Street forecasts. Comparable-store sales surged 162% compared to the same quarter a year ago.</p><p><b>MongoDB&nbsp;(MDB)</b> – The database platform provider lost 15 cents per share for its latest quarter, less than half of the 37 cents a share loss expected by analysts. Revenue also exceeded estimates as subscription sales jumped 40%, and the company forecast a lower-than-expected full-year loss. The stock surged 6.2% in premarket action.</p><p><b>ChargePoint&nbsp;(CHPT) </b>– The electric vehicle charging network’s stock rose 1.1% in the premarket, despite reporting a wider-than-expected loss for its latest quarter. Its revenue beat Wall Street forecasts, however, and ChargePoint also held to its prior 2021 revenue outlook. Shares rose 2% in the premarket.</p><p><b>Zumiez&nbsp;(ZUMZ) </b>– The seller of apparel, footwear and athletic equipment gained 5% in premarket trading, after Zumiez surged past Wall Street’s consensus 4 cents a share estimate with first-quarter profit of $1.03 per share. Revenue also beat forecasts, with the company saying its business has recovered beyond pre-pandemic levels.</p><p><b>Asana&nbsp;(ASAN)</b> – The maker of collaboration software saw its stock rally 8.6% in the premarket after it reported a smaller-than-expected quarterly loss while its revenue and outlook beat consensus estimates.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CRWD":"CrowdStrike Holdings, Inc.",".IXIC":"NASDAQ Composite","BBBY":"3B家居","LULU":"lululemon athletica","AMC":"AMC院线","AVGO":"博通",".SPX":"S&P 500 Index",".DJI":"道琼斯","GME":"游戏驿站","BB":"黑莓"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195193532","content_text":"U.S. Futures, Treasuries Rise After Hiring DataAMC, BlackBerry shares slip as ‘meme stock’ rally fizzles outU.S. futures pushed higher and Treasuries rose after May’s jobs report fell short of estimates.At 8:34 a.m. ET, Dow e-minis were down 20 points, or 0.06%, S&P 500 e-minis were up 4 points, or 0.1%, and Nasdaq 100 e-minis were up 18.25 points, or 0.13%.*Source From Tiger Trade, EST 08:34Job creation disappointed again in May, with nonfarm payrolls up a solid 559,000 but still short of lofty expectations.Payrolls were expected to increase by 671,000, according to economists surveyed by Dow Jones.The unemployment rate fell to 5.8% from 6.1%, which was better than the estimate of 5.9%.May's letdown came after April sharply undershot expectations, with the upwardly revised 278,000 still well short of the initial 1 million estimate that came with high hopes for an economy trying to shake loose its pandemic shackles.Stocks making the biggest moves in the premarket:AMC Entertainment (AMC) – AMC fell 7.7% in the premarket, following the movie theater operator’s second share sale in a week to raise money. The stock had fallen almost 18% Thursday after announcing the sale, which had followed a 95% rise Wednesday and a nearly 23% gain Tuesday.Bed Bath & Beyond (BBBY) – Bank of America Securities moved to a “no rating” on the housewares retailer, an unusual move that reflects the firm’s belief that the so-called “meme stock” is no longer trading on fundamentals. The firm also dropped coverage on GameStop (GME) for similar reasons, saying the videogame retailer’s stock is trading on non-fundamental factors. GameStop fell 1.4% in premarket trading, while Bed Bath & Beyond was little changed.Shares of Koss Corp (KOSS) and BlackBerry(BB) dropped between 1% and 5%.Facebook (FB) – Europe and Britain launched formal antitrust investigations into Facebook on Friday to determine if the world's largest social network is using customers' data to unfairly compete with advertisers, in a new threat to its business model.Facebook Inc dropped 0.3% in premarket trading.Lululemon (LULU) – The athletic apparel and casualwear retailer reported quarterly earnings of $1.16 per share, compared to a consensus estimate of 91 cents a share. Revenue also exceeded forecasts, as Lululemon benefited from both a return by customers to physical locations as well as a jump in e-commerce sales. It also gave an upbeat forecast.CrowdStrike (CRWD) – The cybersecurity company beat Wall Street forecasts by 4 cents a share, with quarterly earnings of 10 cents per share. Revenue also topped analysts’ forecasts as CrowdStrike added more than 1,500 net new subscription customers.Broadcom (AVGO) – The chip maker beat estimates by 19 cents a share, with quarterly profit of $6.62 per share. Revenue came in slightly above forecasts. Broadcom also gave a better-than-expected outlook, helped by the ongoing adoption of 5G technology.DocuSign (DOCU) – DocuSign shares rallied 6.8% in premarket trading after the company beat Wall Street forecasts by 16 cents a share, with quarterly earnings of 44 cents per share. Revenue also beat estimates, and DocuSign gave an upbeat outlook as more companies adopt its electronic signature technology.Five Below (FIVE) – Shares of the discount retailer jumped 5.7% in the premarket, after first-quarter profit and revenue comfortably exceeded Street forecasts. Comparable-store sales surged 162% compared to the same quarter a year ago.MongoDB (MDB) – The database platform provider lost 15 cents per share for its latest quarter, less than half of the 37 cents a share loss expected by analysts. Revenue also exceeded estimates as subscription sales jumped 40%, and the company forecast a lower-than-expected full-year loss. The stock surged 6.2% in premarket action.ChargePoint (CHPT) – The electric vehicle charging network’s stock rose 1.1% in the premarket, despite reporting a wider-than-expected loss for its latest quarter. Its revenue beat Wall Street forecasts, however, and ChargePoint also held to its prior 2021 revenue outlook. Shares rose 2% in the premarket.Zumiez (ZUMZ) – The seller of apparel, footwear and athletic equipment gained 5% in premarket trading, after Zumiez surged past Wall Street’s consensus 4 cents a share estimate with first-quarter profit of $1.03 per share. Revenue also beat forecasts, with the company saying its business has recovered beyond pre-pandemic levels.Asana (ASAN) – The maker of collaboration software saw its stock rally 8.6% in the premarket after it reported a smaller-than-expected quarterly loss while its revenue and outlook beat consensus estimates.","news_type":1},"isVote":1,"tweetType":1,"viewCount":501,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":116527435,"gmtCreate":1622813236927,"gmtModify":1704191669561,"author":{"id":"3585137845043149","authorId":"3585137845043149","name":"Jm2021","avatar":"https://static.tigerbbs.com/3f080754f2591c2a74a7cd4dd0412ae1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585137845043149","authorIdStr":"3585137845043149"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/116527435","repostId":"1195193532","repostType":4,"isVote":1,"tweetType":1,"viewCount":501,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}