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2022-03-14

Cry until no tears

Pre-Bell｜U.S. Stock Futures Wavered on Monday; Alibaba Fell nearly 5%

U.S. stock index futures wavered on Monday as investors clung to hopes of Russia-Ukraine peace talks

Pre-Bell｜U.S. Stock Futures Wavered on Monday; Alibaba Fell nearly 5%

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Alibaba fell 4.7% in the premarket while JD.com sank 5.1%.</p><p><a href=\"https://laohu8.com/S/OXY\">Occidental</a> (OXY), <a href=\"https://laohu8.com/S/CVX\">Chevron</a> (CVX) – The energy stocks were downgraded to “equal-weight” from “overweight” at Morgan Stanley, which notes that both have outperformed peers in recent months and now offer less attractive relative valuations. Occidental fell 3.3% in the premarket while Chevron slid 2.4%. Both are also moving lower in step with the drop in crude prices this morning.</p><p><a href=\"https://laohu8.com/S/LMT\">Lockheed Martin</a> (LMT) – The defense contractor’s shares gained 1.6% in premarket trading after sources told Reuters that Germany would purchase up to 35 of Lockheed’s F-35 fighter jets.</p><p><a href=\"https://laohu8.com/S/CPNG\">Coupang, Inc.</a> (CPNG) – Softbank’s Vision Fund sold $1 billion of its stake in the South Korean software company, according to a regulatory filing. The sale of 50 million shares still leaves the fund with 461.2 million Coupang shares. The stock slipped 1.2% in premarket trading.</p><p><a href=\"https://laohu8.com/S/F\">Ford</a> (F) – Ford is forecasting a 12% drop in U.S. sales this year, according to a report in Automotive News, citing people present at a meeting with dealers. The publication said Ford has lost 100,000 units of production so far this year due to parts shortages. Despite that news, Ford added 1% in premarket action.</p><p><a href=\"https://laohu8.com/S/BRK.B\">Berkshire Hathaway</a> (BRK.B) – Berkshire is urging the rejection of four shareholder proposals, including the replacement of Warren Buffett as chairman and a proposal that Berkshire report on its plans to handle climate risk. Berkshire added 1% in the premarket.</p><p><a href=\"https://laohu8.com/S/RIO\">Rio Tinto PLC</a> (RIO) – Rio shares fell 2.9% in premarket trading after the mining company offered to buy the 49% of Canada’s Turquoise Hill that it doesn’t already own for about $2.7 billion. The price is a more than 32% premium to Turquoise Hill’s Friday close.</p><p><a href=\"https://laohu8.com/S/TSN\">Tyson</a> (TSN) – The beef and poultry producer’s stock slipped 1% in premarket action after BMO Capital Markets downgraded it to “market perform” from “outperform.” BMO cites valuation, noting that Tyson has materially outperformed the S&amp;P 500 over the past year, as well as the potential for lower beef margins.</p><p><b>Market News</b></p><p>Shares of Volt Information Sciences Inc. <a href=\"https://laohu8.com/S/VOLT\">$(VOLT)$</a> rocketed 95.36% toward a near five-year high to pace all premarket gainers Monday, after the staffing services company announced an agreement to be acquired by Vega Consulting Inc. in a deal that values Volt at $132.6 million.</p><p>The S&amp;P 500 index will end 2022 about 1% lower as commodity prices surge and the outlook for global economic growth weakens amid the conflict in Ukraine, Goldman Sachs said. Goldman economists in a note on Friday trimmed their year-end target for the benchmark index to 4,700 from 4,900, which would have implied a nearly 3% rise in 2022. Goldman&#39;s target still implies a nearly 12% jump for the S&amp;P from current levels.</p><p>OceanPal (NASDAQ:OP) received a written notice from the Nasdaq indicating that it is not in compliance with the minimum bid price requirement of $1/share.The company has 180 days, or until September 5, 2022 to regain compliance.</p><p>Major cryptocurrency exchange <b>Coinbase Global Inc</b>(NASDAQ: COIN) is testing out a new subscription product that lets users exchange digital assets without trading fees, according to a Blockworks report.</p><p>In a series of tweets on Sunday, Tesla Inc CEO Elon Musk clarified his stance on fiat, as well as, cryptocurrencies.&#34;It is generally better to own physical things like a home or stock in companies you think make good products, than dollars when inflation is high,&#34; Musk tweeted. &#34;I still own &amp; won’t sell my Bitcoin, Ethereum or Doge [for what it&#39;s worth].&#34;</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPre-Bell｜U.S. Stock Futures Wavered on Monday; Alibaba Fell nearly 5%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-03-14 20:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock index futures wavered on Monday as investors clung to hopes of Russia-Ukraine peace talks, with bank stocks higher ahead of a Federal Reserve policy meeting this week where it is widely expected to raise interest rates.</p><p><b>Market Snapshot</b></p><p>At 8:00 a.m. ET, Dow e-minis were up 194 points, or 0.59%, S&amp;P 500 e-minis were up 10.5 points, or 0.25%, and Nasdaq 100 e-minis were down 51.75 points, or 0.39%.</p><p><img src=\"https://static.tigerbbs.com/c93415963ce592fc1ac203103fbf8665\" tg-width=\"445\" tg-height=\"188\" width=\"100%\" height=\"auto\"/></p><p><b>Pre-Market Movers</b></p><p><a href=\"https://laohu8.com/S/BABA\">Alibaba</a> (BABA), <a href=\"https://laohu8.com/S/JD\">JD.com</a> (JD) – The e-commerce stocks were among China-based companies taking a hard hit on concerns about U.S. delistings, as well as the impact of new Covid-19 outbreaks in the Chinese tech hub of Shenzhen. Alibaba fell 4.7% in the premarket while JD.com sank 5.1%.</p><p><a href=\"https://laohu8.com/S/OXY\">Occidental</a> (OXY), <a href=\"https://laohu8.com/S/CVX\">Chevron</a> (CVX) – The energy stocks were downgraded to “equal-weight” from “overweight” at Morgan Stanley, which notes that both have outperformed peers in recent months and now offer less attractive relative valuations. Occidental fell 3.3% in the premarket while Chevron slid 2.4%. Both are also moving lower in step with the drop in crude prices this morning.</p><p><a href=\"https://laohu8.com/S/LMT\">Lockheed Martin</a> (LMT) – The defense contractor’s shares gained 1.6% in premarket trading after sources told Reuters that Germany would purchase up to 35 of Lockheed’s F-35 fighter jets.</p><p><a href=\"https://laohu8.com/S/CPNG\">Coupang, Inc.</a> (CPNG) – Softbank’s Vision Fund sold $1 billion of its stake in the South Korean software company, according to a regulatory filing. The sale of 50 million shares still leaves the fund with 461.2 million Coupang shares. The stock slipped 1.2% in premarket trading.</p><p><a href=\"https://laohu8.com/S/F\">Ford</a> (F) – Ford is forecasting a 12% drop in U.S. sales this year, according to a report in Automotive News, citing people present at a meeting with dealers. The publication said Ford has lost 100,000 units of production so far this year due to parts shortages. Despite that news, Ford added 1% in premarket action.</p><p><a href=\"https://laohu8.com/S/BRK.B\">Berkshire Hathaway</a> (BRK.B) – Berkshire is urging the rejection of four shareholder proposals, including the replacement of Warren Buffett as chairman and a proposal that Berkshire report on its plans to handle climate risk. Berkshire added 1% in the premarket.</p><p><a href=\"https://laohu8.com/S/RIO\">Rio Tinto PLC</a> (RIO) – Rio shares fell 2.9% in premarket trading after the mining company offered to buy the 49% of Canada’s Turquoise Hill that it doesn’t already own for about $2.7 billion. The price is a more than 32% premium to Turquoise Hill’s Friday close.</p><p><a href=\"https://laohu8.com/S/TSN\">Tyson</a> (TSN) – The beef and poultry producer’s stock slipped 1% in premarket action after BMO Capital Markets downgraded it to “market perform” from “outperform.” BMO cites valuation, noting that Tyson has materially outperformed the S&amp;P 500 over the past year, as well as the potential for lower beef margins.</p><p><b>Market News</b></p><p>Shares of Volt Information Sciences Inc. <a href=\"https://laohu8.com/S/VOLT\">$(VOLT)$</a> rocketed 95.36% toward a near five-year high to pace all premarket gainers Monday, after the staffing services company announced an agreement to be acquired by Vega Consulting Inc. in a deal that values Volt at $132.6 million.</p><p>The S&amp;P 500 index will end 2022 about 1% lower as commodity prices surge and the outlook for global economic growth weakens amid the conflict in Ukraine, Goldman Sachs said. Goldman economists in a note on Friday trimmed their year-end target for the benchmark index to 4,700 from 4,900, which would have implied a nearly 3% rise in 2022. Goldman&#39;s target still implies a nearly 12% jump for the S&amp;P from current levels.</p><p>OceanPal (NASDAQ:OP) received a written notice from the Nasdaq indicating that it is not in compliance with the minimum bid price requirement of $1/share.The company has 180 days, or until September 5, 2022 to regain compliance.</p><p>Major cryptocurrency exchange <b>Coinbase Global Inc</b>(NASDAQ: COIN) is testing out a new subscription product that lets users exchange digital assets without trading fees, according to a Blockworks report.</p><p>In a series of tweets on Sunday, Tesla Inc CEO Elon Musk clarified his stance on fiat, as well as, cryptocurrencies.&#34;It is generally better to own physical things like a home or stock in companies you think make good products, than dollars when inflation is high,&#34; Musk tweeted. &#34;I still own &amp; won’t sell my Bitcoin, Ethereum or Doge [for what it&#39;s worth].&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160901911","content_text":"U.S. stock index futures wavered on Monday as investors clung to hopes of Russia-Ukraine peace talks, with bank stocks higher ahead of a Federal Reserve policy meeting this week where it is widely expected to raise interest rates.Market SnapshotAt 8:00 a.m. ET, Dow e-minis were up 194 points, or 0.59%, S&P 500 e-minis were up 10.5 points, or 0.25%, and Nasdaq 100 e-minis were down 51.75 points, or 0.39%.Pre-Market MoversAlibaba (BABA), JD.com (JD) – The e-commerce stocks were among China-based companies taking a hard hit on concerns about U.S. delistings, as well as the impact of new Covid-19 outbreaks in the Chinese tech hub of Shenzhen. Alibaba fell 4.7% in the premarket while JD.com sank 5.1%.Occidental (OXY), Chevron (CVX) – The energy stocks were downgraded to “equal-weight” from “overweight” at Morgan Stanley, which notes that both have outperformed peers in recent months and now offer less attractive relative valuations. Occidental fell 3.3% in the premarket while Chevron slid 2.4%. Both are also moving lower in step with the drop in crude prices this morning.Lockheed Martin (LMT) – The defense contractor’s shares gained 1.6% in premarket trading after sources told Reuters that Germany would purchase up to 35 of Lockheed’s F-35 fighter jets.Coupang, Inc. (CPNG) – Softbank’s Vision Fund sold $1 billion of its stake in the South Korean software company, according to a regulatory filing. The sale of 50 million shares still leaves the fund with 461.2 million Coupang shares. The stock slipped 1.2% in premarket trading.Ford (F) – Ford is forecasting a 12% drop in U.S. sales this year, according to a report in Automotive News, citing people present at a meeting with dealers. The publication said Ford has lost 100,000 units of production so far this year due to parts shortages. Despite that news, Ford added 1% in premarket action.Berkshire Hathaway (BRK.B) – Berkshire is urging the rejection of four shareholder proposals, including the replacement of Warren Buffett as chairman and a proposal that Berkshire report on its plans to handle climate risk. Berkshire added 1% in the premarket.Rio Tinto PLC (RIO) – Rio shares fell 2.9% in premarket trading after the mining company offered to buy the 49% of Canada’s Turquoise Hill that it doesn’t already own for about $2.7 billion. The price is a more than 32% premium to Turquoise Hill’s Friday close.Tyson (TSN) – The beef and poultry producer’s stock slipped 1% in premarket action after BMO Capital Markets downgraded it to “market perform” from “outperform.” BMO cites valuation, noting that Tyson has materially outperformed the S&P 500 over the past year, as well as the potential for lower beef margins.Market NewsShares of Volt Information Sciences Inc. $(VOLT)$ rocketed 95.36% toward a near five-year high to pace all premarket gainers Monday, after the staffing services company announced an agreement to be acquired by Vega Consulting Inc. in a deal that values Volt at $132.6 million.The S&P 500 index will end 2022 about 1% lower as commodity prices surge and the outlook for global economic growth weakens amid the conflict in Ukraine, Goldman Sachs said. Goldman economists in a note on Friday trimmed their year-end target for the benchmark index to 4,700 from 4,900, which would have implied a nearly 3% rise in 2022. Goldman's target still implies a nearly 12% jump for the S&P from current levels.OceanPal (NASDAQ:OP) received a written notice from the Nasdaq indicating that it is not in compliance with the minimum bid price requirement of $1/share.The company has 180 days, or until September 5, 2022 to regain compliance.Major cryptocurrency exchange Coinbase Global Inc(NASDAQ: COIN) is testing out a new subscription product that lets users exchange digital assets without trading fees, according to a Blockworks report.In a series of tweets on Sunday, Tesla Inc CEO Elon Musk clarified his stance on fiat, as well as, cryptocurrencies.\"It is generally better to own physical things like a home or stock in companies you think make good products, than dollars when inflation is high,\" Musk tweeted. \"I still own & won’t sell my Bitcoin, Ethereum or Doge [for what it's worth].\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":184,"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":15,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}