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2022-11-15

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Pre-Bell｜Nasdaq Futures Rose over 170 Points; Walmart Shares Surged 6.9%

2022-11-15

Patience!

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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":1668516476,"share":"https://ttm.financial/m/news/1147886867?lang=&edition=fundamental","pubTime":"2022-11-15 20:47","market":"us","language":"en","title":"Pre-Bell｜Nasdaq Futures Rose over 170 Points; Walmart Shares Surged 6.9%","url":"https://stock-news.laohu8.com/highlight/detail?id=1147886867","media":"Tiger Newspress","summary":"U.S. stock index futures rose on Tuesday after a meeting between President Joe Biden and Chinese lea","content":"<html><head></head><body><p>U.S. stock index futures rose on Tuesday after a meeting between President Joe Biden and Chinese leader Xi Jinping in which they pledged more frequent communications, while investors awaited producer prices data for cues on the path of future rate hikes.</p><h2><b>Market Snapshot</b></h2><p>At 07:46 a.m. ET, Dow e-minis were up 202 points, or 0.6%, S&amp;P 500 e-minis were up 38.5 points, or 0.97%, and Nasdaq 100 e-minis were up 171 points, or 1.46%.</p><p><img src=\"https://static.tigerbbs.com/d52b8a38981c8b9bb450b693f9fbe81e\" tg-width=\"403\" tg-height=\"196\" width=\"100%\" height=\"auto\"/></p><h2><b>Pre-Market Movers</b></h2><p>Walmart(WMT) – Walmart shares surged 6.9% in the premarket after the retailer reportedbetter-than-expected quarterly profit and revenue, and also saw comparable store sales exceed estimates. Walmart also announced a $20 billion share repurchase program.</p><p>Vodafone(VOD) – Vodafone slid 4.1% in premarket trading after the mobile operator cut its earnings guidance and cash flow forecast, pointing to a challenging economic environment.</p><p>Getty Images(GETY) – Getty Images slumped 11.8% in the premarket after its quarterly revenue fell short of Wall Street forecasts, although the visual content marketplace operator did see earnings top consensus.</p><p>Home Depot(HD) – Home Depot fell 1.1% in the premarket, after beating top and bottom line estimates for its latest quarter but merely reaffirming its full-year earnings forecast.</p><p>Energizer Holdings(ENR) – The maker of Energizer and Rayovac batteries saw its stock surge 10% in premarket action following better-than-expected quarterly results. Energizer’s results came despite what the company calls a volatile operating environment with significant headwinds.</p><p>Taiwan Semiconductor(TSM) – Taiwan Semiconductor rallied 10.9% in off-hours trading afterBerkshire Hathaway(BRKb) disclosed in a Securities and Exchange Commission filing that it had bought more than $4.1 billion of the chip maker’s stock during the third quarter.</p><p>Bath &amp; Body Works(BBWI) – Bath &amp; Body Works rose 2.8% in the premarket after investor Dan Loeb’s Third Point revealed a $265 million purchase in the retailer’s stock in its quarterly SEC filing.</p><p>Estee Lauder(EL) – Estee Lauder is close to a deal to buy high-end fashion company Tom Ford for roughly $2.8 billion, according to people familiar with the matter who spoke to The Wall Street Journal. It would be the cosmetics company’s largest-ever acquisition. Estee Lauder rose 2.1% in the premarket.</p><p>Tencent Music(TME) – Tencent Music surged 9.7% in premarket action after reporting better-than-expected quarterly profit and revenue. The China-based music streaming service benefited from an increase in the number of paying subscribers.</p><h2><b>Market News</b></h2><p><b>Walmart Raises Outlook As Groceries Boost Sales, Inventory Glut Recedes</b></p><p>Walmart said Tuesday that sales rose by nearly 9% in the fiscal third quarter, as Americans across income levels bought the company’s low-priced groceries.</p><p>The discounter beat Wall Street’s expectations for the quarter and raised its outlook to reflect that beat.</p><p><b>Sea Non-GAAP EPS of -$0.66 beats by $0.29, revenue of $3.2B beats by $190M</b></p><p>Sea shares surged 11% as sales beat estimate. Sea Q3 EPS $(0.66) beats $(1.09) estimate, sales $3.20b beat $3.00b estimate.</p><p>E-commerce revenue grew 32.4% Y/Y to $1.98B. Gross orders totaled 2.B, an increase of 21.4% Y/Y.</p><p><b>Tencent Music&#39;s Q3 Revenues Were $1.04 Billion, Net Profit Was $149 Million</b></p><p>Tencent Music Entertainment Corp beat Wall Street estimates for third-quarter revenue and profit on Tuesday, as more paying users signed up on the Chinese music streaming company&#39;s platform.</p><p>A recovery in advertising sales helped the company that has been ramping up its original content slate to help put more users behind a paywall.</p><p><b>Buffett Takes $5 Billion Stake in TSMC, Sparking Surge in Shares</b></p><p>Warren Buffett’s Berkshire Hathaway Inc. took a stake of about $5 billion in <a href=\"https://laohu8.com/S/TSM\">Taiwan Semiconductor Manufacturing Co.</a>, a sign the legendary investor thinks the world’s leading chipmaker has bottomed out after a selloff of more than $250 billion. Shares surged.</p><p>The Omaha-based conglomerate acquired about 60 million American depository receipts in TSMC in the three months ended September, it said in a filing. The Taiwanese company produces semiconductors for clients like Nvidia Corp. and Qualcomm Inc. and is the exclusive supplier of Apple Inc.’s custom Silicon chips. Apple remains the most valuable single holding in Berkshire’s portfolio.</p></body></html>","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>Pre-Bell｜Nasdaq Futures Rose over 170 Points; Walmart Shares Surged 6.9%</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\">\nPre-Bell｜Nasdaq Futures Rose over 170 Points; Walmart Shares Surged 6.9%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-11-15 20:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock index futures rose on Tuesday after a meeting between President Joe Biden and Chinese leader Xi Jinping in which they pledged more frequent communications, while investors awaited producer prices data for cues on the path of future rate hikes.</p><h2><b>Market Snapshot</b></h2><p>At 07:46 a.m. ET, Dow e-minis were up 202 points, or 0.6%, S&amp;P 500 e-minis were up 38.5 points, or 0.97%, and Nasdaq 100 e-minis were up 171 points, or 1.46%.</p><p><img src=\"https://static.tigerbbs.com/d52b8a38981c8b9bb450b693f9fbe81e\" tg-width=\"403\" tg-height=\"196\" width=\"100%\" height=\"auto\"/></p><h2><b>Pre-Market Movers</b></h2><p>Walmart(WMT) – Walmart shares surged 6.9% in the premarket after the retailer reportedbetter-than-expected quarterly profit and revenue, and also saw comparable store sales exceed estimates. Walmart also announced a $20 billion share repurchase program.</p><p>Vodafone(VOD) – Vodafone slid 4.1% in premarket trading after the mobile operator cut its earnings guidance and cash flow forecast, pointing to a challenging economic environment.</p><p>Getty Images(GETY) – Getty Images slumped 11.8% in the premarket after its quarterly revenue fell short of Wall Street forecasts, although the visual content marketplace operator did see earnings top consensus.</p><p>Home Depot(HD) – Home Depot fell 1.1% in the premarket, after beating top and bottom line estimates for its latest quarter but merely reaffirming its full-year earnings forecast.</p><p>Energizer Holdings(ENR) – The maker of Energizer and Rayovac batteries saw its stock surge 10% in premarket action following better-than-expected quarterly results. Energizer’s results came despite what the company calls a volatile operating environment with significant headwinds.</p><p>Taiwan Semiconductor(TSM) – Taiwan Semiconductor rallied 10.9% in off-hours trading afterBerkshire Hathaway(BRKb) disclosed in a Securities and Exchange Commission filing that it had bought more than $4.1 billion of the chip maker’s stock during the third quarter.</p><p>Bath &amp; Body Works(BBWI) – Bath &amp; Body Works rose 2.8% in the premarket after investor Dan Loeb’s Third Point revealed a $265 million purchase in the retailer’s stock in its quarterly SEC filing.</p><p>Estee Lauder(EL) – Estee Lauder is close to a deal to buy high-end fashion company Tom Ford for roughly $2.8 billion, according to people familiar with the matter who spoke to The Wall Street Journal. It would be the cosmetics company’s largest-ever acquisition. Estee Lauder rose 2.1% in the premarket.</p><p>Tencent Music(TME) – Tencent Music surged 9.7% in premarket action after reporting better-than-expected quarterly profit and revenue. The China-based music streaming service benefited from an increase in the number of paying subscribers.</p><h2><b>Market News</b></h2><p><b>Walmart Raises Outlook As Groceries Boost Sales, Inventory Glut Recedes</b></p><p>Walmart said Tuesday that sales rose by nearly 9% in the fiscal third quarter, as Americans across income levels bought the company’s low-priced groceries.</p><p>The discounter beat Wall Street’s expectations for the quarter and raised its outlook to reflect that beat.</p><p><b>Sea Non-GAAP EPS of -$0.66 beats by $0.29, revenue of $3.2B beats by $190M</b></p><p>Sea shares surged 11% as sales beat estimate. Sea Q3 EPS $(0.66) beats $(1.09) estimate, sales $3.20b beat $3.00b estimate.</p><p>E-commerce revenue grew 32.4% Y/Y to $1.98B. Gross orders totaled 2.B, an increase of 21.4% Y/Y.</p><p><b>Tencent Music&#39;s Q3 Revenues Were $1.04 Billion, Net Profit Was $149 Million</b></p><p>Tencent Music Entertainment Corp beat Wall Street estimates for third-quarter revenue and profit on Tuesday, as more paying users signed up on the Chinese music streaming company&#39;s platform.</p><p>A recovery in advertising sales helped the company that has been ramping up its original content slate to help put more users behind a paywall.</p><p><b>Buffett Takes $5 Billion Stake in TSMC, Sparking Surge in Shares</b></p><p>Warren Buffett’s Berkshire Hathaway Inc. took a stake of about $5 billion in <a href=\"https://laohu8.com/S/TSM\">Taiwan Semiconductor Manufacturing Co.</a>, a sign the legendary investor thinks the world’s leading chipmaker has bottomed out after a selloff of more than $250 billion. Shares surged.</p><p>The Omaha-based conglomerate acquired about 60 million American depository receipts in TSMC in the three months ended September, it said in a filing. The Taiwanese company produces semiconductors for clients like Nvidia Corp. and Qualcomm Inc. and is the exclusive supplier of Apple Inc.’s custom Silicon chips. Apple remains the most valuable single holding in Berkshire’s portfolio.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147886867","content_text":"U.S. stock index futures rose on Tuesday after a meeting between President Joe Biden and Chinese leader Xi Jinping in which they pledged more frequent communications, while investors awaited producer prices data for cues on the path of future rate hikes.Market SnapshotAt 07:46 a.m. ET, Dow e-minis were up 202 points, or 0.6%, S&P 500 e-minis were up 38.5 points, or 0.97%, and Nasdaq 100 e-minis were up 171 points, or 1.46%.Pre-Market MoversWalmart(WMT) – Walmart shares surged 6.9% in the premarket after the retailer reportedbetter-than-expected quarterly profit and revenue, and also saw comparable store sales exceed estimates. Walmart also announced a $20 billion share repurchase program.Vodafone(VOD) – Vodafone slid 4.1% in premarket trading after the mobile operator cut its earnings guidance and cash flow forecast, pointing to a challenging economic environment.Getty Images(GETY) – Getty Images slumped 11.8% in the premarket after its quarterly revenue fell short of Wall Street forecasts, although the visual content marketplace operator did see earnings top consensus.Home Depot(HD) – Home Depot fell 1.1% in the premarket, after beating top and bottom line estimates for its latest quarter but merely reaffirming its full-year earnings forecast.Energizer Holdings(ENR) – The maker of Energizer and Rayovac batteries saw its stock surge 10% in premarket action following better-than-expected quarterly results. Energizer’s results came despite what the company calls a volatile operating environment with significant headwinds.Taiwan Semiconductor(TSM) – Taiwan Semiconductor rallied 10.9% in off-hours trading afterBerkshire Hathaway(BRKb) disclosed in a Securities and Exchange Commission filing that it had bought more than $4.1 billion of the chip maker’s stock during the third quarter.Bath & Body Works(BBWI) – Bath & Body Works rose 2.8% in the premarket after investor Dan Loeb’s Third Point revealed a $265 million purchase in the retailer’s stock in its quarterly SEC filing.Estee Lauder(EL) – Estee Lauder is close to a deal to buy high-end fashion company Tom Ford for roughly $2.8 billion, according to people familiar with the matter who spoke to The Wall Street Journal. It would be the cosmetics company’s largest-ever acquisition. Estee Lauder rose 2.1% in the premarket.Tencent Music(TME) – Tencent Music surged 9.7% in premarket action after reporting better-than-expected quarterly profit and revenue. The China-based music streaming service benefited from an increase in the number of paying subscribers.Market NewsWalmart Raises Outlook As Groceries Boost Sales, Inventory Glut RecedesWalmart said Tuesday that sales rose by nearly 9% in the fiscal third quarter, as Americans across income levels bought the company’s low-priced groceries.The discounter beat Wall Street’s expectations for the quarter and raised its outlook to reflect that beat.Sea Non-GAAP EPS of -$0.66 beats by $0.29, revenue of $3.2B beats by $190MSea shares surged 11% as sales beat estimate. Sea Q3 EPS $(0.66) beats $(1.09) estimate, sales $3.20b beat $3.00b estimate.E-commerce revenue grew 32.4% Y/Y to $1.98B. Gross orders totaled 2.B, an increase of 21.4% Y/Y.Tencent Music's Q3 Revenues Were $1.04 Billion, Net Profit Was $149 MillionTencent Music Entertainment Corp beat Wall Street estimates for third-quarter revenue and profit on Tuesday, as more paying users signed up on the Chinese music streaming company's platform.A recovery in advertising sales helped the company that has been ramping up its original content slate to help put more users behind a paywall.Buffett Takes $5 Billion Stake in TSMC, Sparking Surge in SharesWarren Buffett’s Berkshire Hathaway Inc. took a stake of about $5 billion in Taiwan Semiconductor Manufacturing Co., a sign the legendary investor thinks the world’s leading chipmaker has bottomed out after a selloff of more than $250 billion. Shares surged.The Omaha-based conglomerate acquired about 60 million American depository receipts in TSMC in the three months ended September, it said in a filing. The Taiwanese company produces semiconductors for clients like Nvidia Corp. and Qualcomm Inc. and is the exclusive supplier of Apple Inc.’s custom Silicon chips. Apple remains the most valuable single holding in Berkshire’s portfolio.","news_type":1},"isVote":1,"tweetType":1,"viewCount":285,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9969291925,"gmtCreate":1668452654567,"gmtModify":1676538057912,"author":{"id":"4131396505504592","authorId":"4131396505504592","name":"Shuvam","avatar":"https://community-static.tradeup.com/news/dc0d87df4373aec1bf0209c4251fb1e8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4131396505504592","authorIdStr":"4131396505504592"},"themes":[],"htmlText":"Patience!&nbsp;","listText":"Patience!&nbsp;","text":"Patience!","images":[{"img":"https://community-static.tradeup.com/news/f9dbb4135494fcd85322c635bda3b421","width":"1170","height":"2292"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9969291925","isVote":1,"tweetType":1,"viewCount":237,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}