Some of the stocks that may grab investor focus today are:
Tesla CEO Elon Musk will have his first all-hands meeting with Twitter’s employees on Thursday. Twitter CEO Parag Agrawal told employees on Monday over an email that they could submit questions for the billionaire entrepreneur in advance.
Bitcoin briefly fell below $21,000 on Tuesday in Asia before bouncing back slightly, continuing its plunge as investorssold off risk assets. Stocks with heavy exposure to the space were also bleeding in sympathy and so were shares of Coinbase (COIN), further adding to what has been a horror show in 2022 – shares are down by 80% on a year-to-date basis.
Wall Street expects Core & Main, Inc. to post quarterly earnings at $0.35 per share on revenue of $1.40 billion before the opening bell. Core & Main shares gained 2.6% to $22.20 in after-hours trading.
Oracle Corporation reported better-than-expected Q4 results for its fourth quarter on Monday. Oracle shares jumped 15% to $73.68 in the after-hours trading session.
Analysts are expecting Motorcar Parts of America, Inc. to have earned $0.47 per share on revenue of $150.50 million for the latest quarter. The company will release earnings before the markets open. Motorcar Parts of America shares gained 5.5% to $16.50 in after-hours trading.
Beacon Roofing Supply, Inc. reported an additional $250 million accelerated share repurchase program. Beacon shares gained 1.5% to $58.34 in the after-hours trading session.
Analysts expect Sprinklr, Inc. to post a quarterly loss at $0.06 per share on revenue of $141.10 million after the closing bell. Sprinklr shares fell 1.7% to $9.66 in after-hours trading.