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2022-03-04

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Pre-Bell | U.S. Stock Futures Slid; Ocugen Shares Tumbled 30%

Stock futures fell early Friday as worrisome developments in Ukraine weighed on sentiment as investo

Pre-Bell | U.S. Stock Futures Slid; Ocugen Shares Tumbled 30%

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·2022-03-06
hi. please like and comment back. thank you.
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·2022-03-04
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The economy added 678,000 jobs last month, above the 440,000 expected by economists, according to Dow Jones.Market SnapshotAt 8:34 a.m. ET, Dow e-minis were down 217 points, or 0.64%, S&amp;P 500 e-minis were down 24.75 points, or 0.57%, and Nasdaq 100 e-minis were down 61.5 points, or 0.44%.<img src=\"https://static.tigerbbs.com/2baf8147d7576de1148a065bdae9a499\" tg-width=\"413\" tg-height=\"182\" referrerpolicy=\"no-referrer\"/>Pre-Market MoversOcugen(OCGN) — Ocugen Inc. said Friday that the U.S. Food and Drug Administration has declined to issue an Emergency Use Authorization for Covaxin.Ocugen shares tumbled 30% in premarket trading.Tesla(TSLA) — Shares fell 1.2% in premarket trading after CEO Elon Musk challenged the United Auto Workers union to try and organize his company&#39;s assembly plant in Fremont, California.Broadcom (AVGO) — The chip stock rose more than 3% premarket after Broadcom beat Wall Street expectations for its fiscal first quarter. The company reported adjusted earnings of $8.39 per share, while analysts surveyed by Refinitiv were looking for $8.08 per share. The firm&#39;s second-quarter revenue guidance also came in above expectations.Sea(SE) — Sea shares fell another 6% in premarket trading Friday after falling more than 6% yesterday.JP Morgan lowered Sea Limited price target from $250 to $105.Grab(GRAB) — Grab shares rallied 3% in premarket trading Friday after plunging 37% yesterday.Gap(GPS) — Gap stock jumped 7% in premarket trading, after the specialty apparel maker delivered a smaller-than-expected quarterly loss and provided encouraging guidance.iQIYI(IQ) — iQIYI stock lost more than 3% in premarket trading after the company announced private placement financing of US$285 million.Sweetgreen(SG) — Sweetgreen shares soared 19.9% in premarket trading after the salad chain reported strong sales growth in its first quarterly report since going public in November. The company also posted widening losses.Costco Wholesale(COST) — The retail stock retreated 2% after a better-than-expected quarterly report. Costco reported fiscal second-quarter earnings of $2.92 per share on revenue of $51.9 billion. Analysts surveyed by Refinitiv had expected earnings of $2.74 on revenue of $51.47 billion.Marvell Technology(MRVL) — Shares dipped 2.3% despite a slight earnings beat. Marvell reported fourth-quarter earnings of 50 cents per share, excluding items, on revenue of $1.34 billion. Analysts had expected a profit of 48 cents per share on revenues of $1.32 billion, according to Refinitv.Best Buy(BBY) — The retail stock dipped 2% in early morning trading after Raymond James downgraded Best Buy to market perform from outperform. &#34;We are placing our stock recommendation in &#39;sleep mode&#39; for now,&#34; Raymond James said.Market NewsThe London Stock Exchange on Friday suspended trading on more Russian stocks.Stocks being suspended from trading include Russian investment company Sistema JSFC, development-and-construction company Etalon Group PLC as well as grocer Magnit.The Russian stock market will be closed to trading for a fifth straight day, marking a record in the country’s modern history, as it attempts to stave off the impact of global sanctions for domestic investors.Amazon.com Inc. has given the Federal Trade Commission a fast-approaching deadline to deliver a verdict on its proposed $6.5 billion acquisition of the MGM movie and television studio, a move that could make it difficult for the agency to challenge the deal before the tech giant completes it.Japan&#39;s Sony Corp and Honda Motor Co Ltd said on Friday they would pair up to develop and sell battery-powered electric vehicles, and said they were open to bringing in other partners.Private-equity firm Hellman &amp; Friedman LLC has taken a 7.5% stake in Splunk Inc. worth about $1.4 billion, according to people familiar with the matter, a big bet on the software company and its incoming chief executive.Russian internet giant Yandex on Friday warned that a trading suspension on its Nasdaq-listed shares could trigger a redemption right on a convertible bond that it does not have the resources to cover.European equities as well as financial stocks funds suffered their biggest outflows on record as investors piled into cash in the week to Wednesday as the war in Ukraine roiled global markets, BofA said in its weekly flow note on Friday.</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 | U.S. Stock Futures Slid; 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The economy added 678,000 jobs last month, above the 440,000 expected by economists, according to Dow Jones.Market SnapshotAt 8:34 a.m. ET, Dow e-minis were down 217 points, or 0.64%, S&amp;P 500 e-minis were down 24.75 points, or 0.57%, and Nasdaq 100 e-minis were down 61.5 points, or 0.44%.<img src=\"https://static.tigerbbs.com/2baf8147d7576de1148a065bdae9a499\" tg-width=\"413\" tg-height=\"182\" referrerpolicy=\"no-referrer\"/>Pre-Market MoversOcugen(OCGN) — Ocugen Inc. said Friday that the U.S. Food and Drug Administration has declined to issue an Emergency Use Authorization for Covaxin.Ocugen shares tumbled 30% in premarket trading.Tesla(TSLA) — Shares fell 1.2% in premarket trading after CEO Elon Musk challenged the United Auto Workers union to try and organize his company&#39;s assembly plant in Fremont, California.Broadcom (AVGO) — The chip stock rose more than 3% premarket after Broadcom beat Wall Street expectations for its fiscal first quarter. The company reported adjusted earnings of $8.39 per share, while analysts surveyed by Refinitiv were looking for $8.08 per share. The firm&#39;s second-quarter revenue guidance also came in above expectations.Sea(SE) — Sea shares fell another 6% in premarket trading Friday after falling more than 6% yesterday.JP Morgan lowered Sea Limited price target from $250 to $105.Grab(GRAB) — Grab shares rallied 3% in premarket trading Friday after plunging 37% yesterday.Gap(GPS) — Gap stock jumped 7% in premarket trading, after the specialty apparel maker delivered a smaller-than-expected quarterly loss and provided encouraging guidance.iQIYI(IQ) — iQIYI stock lost more than 3% in premarket trading after the company announced private placement financing of US$285 million.Sweetgreen(SG) — Sweetgreen shares soared 19.9% in premarket trading after the salad chain reported strong sales growth in its first quarterly report since going public in November. The company also posted widening losses.Costco Wholesale(COST) — The retail stock retreated 2% after a better-than-expected quarterly report. Costco reported fiscal second-quarter earnings of $2.92 per share on revenue of $51.9 billion. Analysts surveyed by Refinitiv had expected earnings of $2.74 on revenue of $51.47 billion.Marvell Technology(MRVL) — Shares dipped 2.3% despite a slight earnings beat. Marvell reported fourth-quarter earnings of 50 cents per share, excluding items, on revenue of $1.34 billion. Analysts had expected a profit of 48 cents per share on revenues of $1.32 billion, according to Refinitv.Best Buy(BBY) — The retail stock dipped 2% in early morning trading after Raymond James downgraded Best Buy to market perform from outperform. &#34;We are placing our stock recommendation in &#39;sleep mode&#39; for now,&#34; Raymond James said.Market NewsThe London Stock Exchange on Friday suspended trading on more Russian stocks.Stocks being suspended from trading include Russian investment company Sistema JSFC, development-and-construction company Etalon Group PLC as well as grocer Magnit.The Russian stock market will be closed to trading for a fifth straight day, marking a record in the country’s modern history, as it attempts to stave off the impact of global sanctions for domestic investors.Amazon.com Inc. has given the Federal Trade Commission a fast-approaching deadline to deliver a verdict on its proposed $6.5 billion acquisition of the MGM movie and television studio, a move that could make it difficult for the agency to challenge the deal before the tech giant completes it.Japan&#39;s Sony Corp and Honda Motor Co Ltd said on Friday they would pair up to develop and sell battery-powered electric vehicles, and said they were open to bringing in other partners.Private-equity firm Hellman &amp; Friedman LLC has taken a 7.5% stake in Splunk Inc. worth about $1.4 billion, according to people familiar with the matter, a big bet on the software company and its incoming chief executive.Russian internet giant Yandex on Friday warned that a trading suspension on its Nasdaq-listed shares could trigger a redemption right on a convertible bond that it does not have the resources to cover.European equities as well as financial stocks funds suffered their biggest outflows on record as investors piled into cash in the week to Wednesday as the war in Ukraine roiled global markets, BofA said in its weekly flow note on Friday.</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","IQ":"爱奇艺",".SPX":"S&P 500 Index","COST":"好市多","OCGN":"Ocugen",".DJI":"道琼斯","BBY":"百思买","SG":"Sweetgreen, Inc.","TSLA":"特斯拉","MRVL":"迈威尔科技","AVGO":"博通","GRAB":"Grab Holdings","SE":"Sea Ltd"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164230335","content_text":"Stock futures fell early Friday as worrisome developments in Ukraine weighed on sentiment as investors digested latest reading on the jobs market.Futures trimmed their losses after a stronger-than-expected February jobs report. The economy added 678,000 jobs last month, above the 440,000 expected by economists, according to Dow Jones.Market SnapshotAt 8:34 a.m. ET, Dow e-minis were down 217 points, or 0.64%, S&P 500 e-minis were down 24.75 points, or 0.57%, and Nasdaq 100 e-minis were down 61.5 points, or 0.44%.Pre-Market MoversOcugen(OCGN) — Ocugen Inc. said Friday that the U.S. Food and Drug Administration has declined to issue an Emergency Use Authorization for Covaxin.Ocugen shares tumbled 30% in premarket trading.Tesla(TSLA) — Shares fell 1.2% in premarket trading after CEO Elon Musk challenged the United Auto Workers union to try and organize his company's assembly plant in Fremont, California.Broadcom (AVGO) — The chip stock rose more than 3% premarket after Broadcom beat Wall Street expectations for its fiscal first quarter. The company reported adjusted earnings of $8.39 per share, while analysts surveyed by Refinitiv were looking for $8.08 per share. The firm's second-quarter revenue guidance also came in above expectations.Sea(SE) — Sea shares fell another 6% in premarket trading Friday after falling more than 6% yesterday.JP Morgan lowered Sea Limited price target from $250 to $105.Grab(GRAB) — Grab shares rallied 3% in premarket trading Friday after plunging 37% yesterday.Gap(GPS) — Gap stock jumped 7% in premarket trading, after the specialty apparel maker delivered a smaller-than-expected quarterly loss and provided encouraging guidance.iQIYI(IQ) — iQIYI stock lost more than 3% in premarket trading after the company announced private placement financing of US$285 million.Sweetgreen(SG) — Sweetgreen shares soared 19.9% in premarket trading after the salad chain reported strong sales growth in its first quarterly report since going public in November. The company also posted widening losses.Costco Wholesale(COST) — The retail stock retreated 2% after a better-than-expected quarterly report. Costco reported fiscal second-quarter earnings of $2.92 per share on revenue of $51.9 billion. Analysts surveyed by Refinitiv had expected earnings of $2.74 on revenue of $51.47 billion.Marvell Technology(MRVL) — Shares dipped 2.3% despite a slight earnings beat. Marvell reported fourth-quarter earnings of 50 cents per share, excluding items, on revenue of $1.34 billion. 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