With US stock futures trading slightly higher this morning on Thursday, some of the stocks that may grab investor focus today are as follows:
- Wall Street expects Adobe Inc. (NASDAQ:ADBE) to report quarterly earnings at $3.33 per share on revenue of $4.43 billion after the closing bell.
- Arconic Corporation (NYSE:ARNC) lowered its FY22 sales outlook from $9.6 billion-$10 billion to $9.2 billion-$9.5 billion. The company also said it sees Q3 Adjusted EBITDA to be in the range of $135 million to $150 million.
- Analysts expect Aurora Mobile Limited (NASDAQ:AUR) to post a quarterly loss at $0.03 per share on revenue of $12.90 million for the latest quarter. The company will release earnings before the markets open.
- Expedia Group, Inc. (NASDAQ:EXPE) named Julie Whalen as new Chief Financial Officer, effective September 26, 2022.
- Analysts are expecting Bowlero Corp. (NYSE:BOWL) to have earned $0.04 per share on revenue of $195.17 million for the latest quarter. The company will release earnings after the closing bell.
- Sea Ltd's top management will forgo their salaries and tighten company expense policies, as the Singapore gaming and e-commerce giant tries to shield itself from the economic slowdown threatening tech companies.
- AMTD Digital Inc. soared a record 311.78% on Wednesday, triggering multiple volatility-related trading halts along the way. The move came alongside a flurry of buying activity, with roughly 1.5 million shares trading hands, more than 5,500% higher than its daily average over the last 10 days. On paper, the surge added nearly $27 billion in market value to the stock.