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Pre-Bell | Futures Inch Higher; Tesla Seeks Investor Approval for Stock Split

U.S. stock index futures inched higher on Monday as oil prices slid and investors remained hopeful a

Pre-Bell | Futures Inch Higher; Tesla Seeks Investor Approval for Stock Split

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The additional shares would enable the company to split its stock. Tesla jumped 5.4% in the premarket.</p><p><b>Apple(AAPL)</b> – Apple will reportedly cut planned iPhone SE output by 20% next quarter, according to a report by Japan’s Nikkei news service citing weaker-than-expected demand. Apple fell 1.2% in premarket trading.</p><p><b>Sea(SE) </b>– Singapore-based e-commerce and gaming firm Sea Ltd said on Monday it is withdrawing from India&#39;s retail market just months after beginning operations there, citing &#34;global market uncertainties&#34;.Sea shares tumbled more than 6% in premarket trading.</p><p><b>Beyond Meat(BYND)</b> – Beyond Meat slid 5.1% in the premarket after Piper Sandler downgraded the stock to “neutral” from “underweight.” Piper points to increasing competition for plant-based meat substitutes, as well as lower positive expectations for the impact of a nationwide McDonald’s (MCD) launch.</p><p><b>Coinbase(COIN) </b>– The cryptocurrency exchange operator is reportedly near a deal to buy 2TM, the parent of Brazilian cryptocurrency brokerage Mercado Bitcoin, according to a local newspaper. The paper said a deal could be closed by the end of April. 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AMC added 2.2% in the premarket, while Hycroft – a microcap stock with a market value of $77.3 million as of Friday’s close – surged 32.8%.</p><p><b>Uber Technologies(UBER)</b> – Uber won a new 30-month license to operate in London. The ride-hailing service had been engaged in a dispute with regulators over the past five years over safety issues and had lost its license to operate twice over that period.</p><p><b>Poly(POLY) </b>– The communications technology company agreed to be acquired by HP Inc. (HPQ) for $40 per share, compared to Poly’s Friday close of $26.20 per share. The companies expect the deal to close before the end of this year.</p><p><b>Foot Locker(FL) </b>– The athletic footwear and apparel retailer’s stock fell 1.7% in premarket trading after Cowen downgraded it to “market perform” from “outperform.” Cowen said despite an inexpensive valuation, investors may be underappreciating the potential impact of inflation.</p><p><b>Barclays(BCS) </b>– Barclays lost 3.1% in premarket action after the British bank disclosed a loss of nearly $592 million stemming from mishandled bond trades. It also said it would delay a planned share buyback as a result.</p><p><b>Hasbro(HAS) </b>– Hasbro turned down a settlement offer with activist investor Alta Fox Capital over board nominees, according to people familiar with the matter who spoke to Reuters. Alta Fox holds a 2.5% stake in the toymaker, and the two sides have been negotiating to avoid a proxy contest.</p><p><b>Market News</b></p><p>Tesla Inc said on Monday it would ask shareholders to vote at its annual meeting to increase the number of additional shares in order to enable a stock split.</p><p>U.S. automaker Tesla is suspending production at its Shanghai factory for four days after the financial hub said on Sunday it would lock down in two stages to carry out mass testing for COVID 19, two people familiar with the matter said.</p><p>Apple launched the iPhone SE as its first 5G-capable budget phone less than three weeks ago but is now telling multiple suppliers that it aims to lower production orders by about 2 million to 3 million units for the quarter, citing weaker-than-expected demand, four people told Nikkei Asia. 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The additional shares would enable the company to split its stock. Tesla jumped 5.4% in the premarket.</p><p><b>Apple(AAPL)</b> – Apple will reportedly cut planned iPhone SE output by 20% next quarter, according to a report by Japan’s Nikkei news service citing weaker-than-expected demand. Apple fell 1.2% in premarket trading.</p><p><b>Sea(SE) </b>– Singapore-based e-commerce and gaming firm Sea Ltd said on Monday it is withdrawing from India&#39;s retail market just months after beginning operations there, citing &#34;global market uncertainties&#34;.Sea shares tumbled more than 6% in premarket trading.</p><p><b>Beyond Meat(BYND)</b> – Beyond Meat slid 5.1% in the premarket after Piper Sandler downgraded the stock to “neutral” from “underweight.” Piper points to increasing competition for plant-based meat substitutes, as well as lower positive expectations for the impact of a nationwide McDonald’s (MCD) launch.</p><p><b>Coinbase(COIN) </b>– The cryptocurrency exchange operator is reportedly near a deal to buy 2TM, the parent of Brazilian cryptocurrency brokerage Mercado Bitcoin, according to a local newspaper. The paper said a deal could be closed by the end of April. Coinbase rallied 4.2% in the premarket.</p><p><b>XPeng (XPEV)</b> – XPeng reported quarterly losses of $(0.24) per share which beat the analyst consensus estimate of $(0.34) by 29.41 percent. This is a 60 percent decrease over losses of $(0.15) per share from the same period last year. The company reported quarterly sales of $1.34 billion which beat the analyst consensus estimate of $1.20 billion by 11.92 percent. This is a 207.33 percent increase over sales of $436.99 million the same period last year.XPeng jumped 4.6% in premarket trading.</p><p><b>AMC Entertainment(AMC) </b>– AMC CEO Adam Aron told Reuters the company would strike more “transformational” deals, following its $27.9 million investment in gold and silver mine operator Hycroft Mining (HYMC) earlier this month. AMC added 2.2% in the premarket, while Hycroft – a microcap stock with a market value of $77.3 million as of Friday’s close – surged 32.8%.</p><p><b>Uber Technologies(UBER)</b> – Uber won a new 30-month license to operate in London. The ride-hailing service had been engaged in a dispute with regulators over the past five years over safety issues and had lost its license to operate twice over that period.</p><p><b>Poly(POLY) </b>– The communications technology company agreed to be acquired by HP Inc. (HPQ) for $40 per share, compared to Poly’s Friday close of $26.20 per share. The companies expect the deal to close before the end of this year.</p><p><b>Foot Locker(FL) </b>– The athletic footwear and apparel retailer’s stock fell 1.7% in premarket trading after Cowen downgraded it to “market perform” from “outperform.” Cowen said despite an inexpensive valuation, investors may be underappreciating the potential impact of inflation.</p><p><b>Barclays(BCS) </b>– Barclays lost 3.1% in premarket action after the British bank disclosed a loss of nearly $592 million stemming from mishandled bond trades. It also said it would delay a planned share buyback as a result.</p><p><b>Hasbro(HAS) </b>– Hasbro turned down a settlement offer with activist investor Alta Fox Capital over board nominees, according to people familiar with the matter who spoke to Reuters. Alta Fox holds a 2.5% stake in the toymaker, and the two sides have been negotiating to avoid a proxy contest.</p><p><b>Market News</b></p><p>Tesla Inc said on Monday it would ask shareholders to vote at its annual meeting to increase the number of additional shares in order to enable a stock split.</p><p>U.S. automaker Tesla is suspending production at its Shanghai factory for four days after the financial hub said on Sunday it would lock down in two stages to carry out mass testing for COVID 19, two people familiar with the matter said.</p><p>Apple launched the iPhone SE as its first 5G-capable budget phone less than three weeks ago but is now telling multiple suppliers that it aims to lower production orders by about 2 million to 3 million units for the quarter, citing weaker-than-expected demand, four people told Nikkei Asia. The U.S. tech giant also reduced orders for its AirPods earphones by more than 10 million units for all of 2022, as the company predicted lukewarm demand and wanted to reduce the level of inventories.</p><p>Singapore-based e-commerce and gaming firm Sea Ltd said on Monday it is withdrawing from India&#39;s retail market just months after beginning operations there, citing &#34;global market uncertainties&#34;.</p><p>U.S. cryptocurrency exchange Coinbase Global Inc is set to close the acquisition of 2TM, a Brazilian holding that controls Latin America’s largest crypto brokerage Mercado Bitcoin, by the end of April, local newspaper O Estado de S.Paulo reported, without revealing how it obtained the information.</p><p>British bank Barclays disclosed on Monday around a 450 million pound ($591.80 million) loss on mishandled structured products and said this meant it would have to delay a share buyback.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","XPEV":"小鹏汽车","COIN":"Coinbase Global, Inc.","AAPL":"苹果","FL":"富乐客",".SPX":"S&P 500 Index","BYND":"Beyond Meat, Inc.","UBER":"优步","BCS":"巴克莱银行","TSLA":"特斯拉","AMC":"AMC院线","SE":"Sea Ltd",".DJI":"道琼斯","HAS":"孩之宝"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182826545","content_text":"U.S. stock index futures inched higher on Monday as oil prices slid and investors remained hopeful about progress in the Russia-Ukraine peace talks, while Tesla shares jumped after the company sought investor approval for a stock split.Market SnapshotAt 8:02 a.m. ET, Dow e-minis were up 56 points, or 0.16%, S&P 500 e-minis were up 9.25 points, or 0.20%, and Nasdaq 100 e-minis were up 35.25 points, or 0.24%.Pre-Market MoversTesla(TSLA) – Tesla will ask shareholders to authorize the issuance of additional shares at the upcoming annual meeting, according to a company tweet. The additional shares would enable the company to split its stock. Tesla jumped 5.4% in the premarket.Apple(AAPL) – Apple will reportedly cut planned iPhone SE output by 20% next quarter, according to a report by Japan’s Nikkei news service citing weaker-than-expected demand. Apple fell 1.2% in premarket trading.Sea(SE) – Singapore-based e-commerce and gaming firm Sea Ltd said on Monday it is withdrawing from India's retail market just months after beginning operations there, citing \"global market uncertainties\".Sea shares tumbled more than 6% in premarket trading.Beyond Meat(BYND) – Beyond Meat slid 5.1% in the premarket after Piper Sandler downgraded the stock to “neutral” from “underweight.” Piper points to increasing competition for plant-based meat substitutes, as well as lower positive expectations for the impact of a nationwide McDonald’s (MCD) launch.Coinbase(COIN) – The cryptocurrency exchange operator is reportedly near a deal to buy 2TM, the parent of Brazilian cryptocurrency brokerage Mercado Bitcoin, according to a local newspaper. The paper said a deal could be closed by the end of April. Coinbase rallied 4.2% in the premarket.XPeng (XPEV) – XPeng reported quarterly losses of $(0.24) per share which beat the analyst consensus estimate of $(0.34) by 29.41 percent. This is a 60 percent decrease over losses of $(0.15) per share from the same period last year. The company reported quarterly sales of $1.34 billion which beat the analyst consensus estimate of $1.20 billion by 11.92 percent. This is a 207.33 percent increase over sales of $436.99 million the same period last year.XPeng jumped 4.6% in premarket trading.AMC Entertainment(AMC) – AMC CEO Adam Aron told Reuters the company would strike more “transformational” deals, following its $27.9 million investment in gold and silver mine operator Hycroft Mining (HYMC) earlier this month. AMC added 2.2% in the premarket, while Hycroft – a microcap stock with a market value of $77.3 million as of Friday’s close – surged 32.8%.Uber Technologies(UBER) – Uber won a new 30-month license to operate in London. The ride-hailing service had been engaged in a dispute with regulators over the past five years over safety issues and had lost its license to operate twice over that period.Poly(POLY) – The communications technology company agreed to be acquired by HP Inc. (HPQ) for $40 per share, compared to Poly’s Friday close of $26.20 per share. The companies expect the deal to close before the end of this year.Foot Locker(FL) – The athletic footwear and apparel retailer’s stock fell 1.7% in premarket trading after Cowen downgraded it to “market perform” from “outperform.” Cowen said despite an inexpensive valuation, investors may be underappreciating the potential impact of inflation.Barclays(BCS) – Barclays lost 3.1% in premarket action after the British bank disclosed a loss of nearly $592 million stemming from mishandled bond trades. It also said it would delay a planned share buyback as a result.Hasbro(HAS) – Hasbro turned down a settlement offer with activist investor Alta Fox Capital over board nominees, according to people familiar with the matter who spoke to Reuters. Alta Fox holds a 2.5% stake in the toymaker, and the two sides have been negotiating to avoid a proxy contest.Market NewsTesla Inc said on Monday it would ask shareholders to vote at its annual meeting to increase the number of additional shares in order to enable a stock split.U.S. automaker Tesla is suspending production at its Shanghai factory for four days after the financial hub said on Sunday it would lock down in two stages to carry out mass testing for COVID 19, two people familiar with the matter said.Apple launched the iPhone SE as its first 5G-capable budget phone less than three weeks ago but is now telling multiple suppliers that it aims to lower production orders by about 2 million to 3 million units for the quarter, citing weaker-than-expected demand, four people told Nikkei Asia. The U.S. tech giant also reduced orders for its AirPods earphones by more than 10 million units for all of 2022, as the company predicted lukewarm demand and wanted to reduce the level of inventories.Singapore-based e-commerce and gaming firm Sea Ltd said on Monday it is withdrawing from India's retail market just months after beginning operations there, citing \"global market uncertainties\".U.S. cryptocurrency exchange Coinbase Global Inc is set to close the acquisition of 2TM, a Brazilian holding that controls Latin America’s largest crypto brokerage Mercado Bitcoin, by the end of April, local newspaper O Estado de S.Paulo reported, without revealing how it obtained the information.British bank Barclays disclosed on Monday around a 450 million pound ($591.80 million) loss on mishandled structured products and said this meant it would have to delay a share buyback.","news_type":1},"isVote":1,"tweetType":1,"viewCount":335,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":18,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":100987514,"commentId":"100987514","gmtCreate":1648470898367,"gmtModify":1663245861445,"authorId":3554853770778714,"author":{"id":3554853770778714,"idStr":"3554853770778714","authorId":3554853770778714,"name":"PTKH","avatar":"https://static.tigerbbs.com/730b421e1cf14ed038cbcbbccd32253e","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9010716059,"objectIdStr":"9010716059","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Ok","text":"Ok","html":"Ok","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}