With US stock futures trading higher this morning on Monday, some of the stocks that may grab investor focus today are as follows:
- Warren Buffett’s Berkshire Hathaway bought more stock in Occidental Petroleum (NYSE:OXY) to increase its holdings to 26.8% of outstanding shares, a regulatory filing shows.
- Wall Street expects Oracle Corporation (NYSE:ORCL) to report quarterly earnings at $1.07 per share on revenue of $11.46 billion. Oracle will report its first quarter fiscal year 2023 results after market closes on Monday.
- JPMorgan Chase & Co. (NYSE:JPM) agreed to acquire California-based Renovite Technologies to solidify its presence in the payment processing arena.
- Analysts expect Matrix Service Company (NASDAQ:MTRX) to post a quarterly loss $0.30 per share on revenue of $181.84 million for the latest quarter. The company will release earnings after the markets close. Matrix Service shares fell 0.4% to $5.72 in after-hours trading.
- IDEAYA Biosciences, Inc. (NASDAQ:IDYA) disclosed interim Phase 2 clinical results for darovasertib and crizotinib synthetic lethal combination in metastatic uveal melanoma. IDEAYA Biosciences shares fell 1% to close at $9.25 on Friday.
- Analysts expect Rent the Runway, Inc. (NASDAQ:RENT) to post a quarterly loss at $0.65 per share on revenue of $73.26 million after the closing bell. Rent the Runway shares fell 2% to $4.39 in the after-hours trading session.