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2022-05-02

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Pre-Bell｜Activision Jumped 2.7%; Bilibili Slid 4.2% after Jefferies Cut Its Price Target

At 07:48 a.m. ET, Dow e-minis were up 3 points, or 0.01%, S&P 500 e-minis were down 6.5 points, or 0.16%, and Nasdaq 100 e-minis were down 28.25 points, or 0.22%.Pre-Market MoversActivision Blizzard(A

Pre-Bell｜Activision Jumped 2.7%; Bilibili Slid 4.2% after Jefferies Cut Its Price Target

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Revenue was slightly above analysts’ projections. Moody’s also cut its full-year revenue outlook due to its expectation of continued market volatility, and the stock fell 3.6% in the premarket.</p><p>Global Payments(GPN) – The payments technology company reported quarterly profit of $2.07 per share, beating estimates by 3 cents a share. Revenue also topped analysts’ forecasts. The company also said it is making progress with a strategic review of its Netspend consumer business.</p><p>Berkshire Hathaway(BRK.B) – Berkshireposted a mixed quarter, with first-quarter earnings beating estimates as revenue fell short of Wall Street forecasts. Earnings were down from a year ago due to stock market turbulence and an increase in insurance claims.</p><p>HSBC(HSBC) – HSBC is under pressure from its largest shareholder — China-based insurance company Ping An – to break itself up, according to a source familiar with the matter who spoke to Reuters. Ping An is said to have presented its breakup plan to the bank’s board of directors.</p><p>Moderna(MRNA) – Moderna said its Covid-19vaccine for children under 6 years oldwill be ready for review by a Food and Drug Administration panel when it meets in June. Moderna applied for emergency use authorization for the treatment last week.</p><p>China EV Makers –Li Auto(LI) andNio(NIO) both reported a drop in April deliveries compared to a year ago, saying production took a hit from the resurgence of Covid in China. RivalXpeng(XPEV), however, reported an increase in deliveries compared to April 2021. Li Auto fell 1.7% in the premarket while Nio lost 2%.</p><h2><b>Market News</b></h2><h3>Apple Hit with EU Antitrust Charge over Its Payment Technology</h3><p>EU antitrust regulators charged Apple on Monday with restricting rivals&#39; access to its NFC chip technology in a move that could result in a hefty fine for the iPhone maker and force it to open its mobile payment system to competitors.</p><h3>Global Semiconductor Sales in March up 1.1% M/M; Q1 Sales up 23% Y/Y</h3><p>Global semiconductor sales rose 1.1% M/M in March to $50.6B, according to new data from the Semiconductor Industry Association.</p><p>Q1 sales totaled $151.7B, an increase of 23.0% over the first quarter of 2021, but 0.5% less than the fourth quarter of 2021.</p><p>SIA represents 99% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms.</p><h3>MGM Resorts Offers to Buy Sweden&#39;s Leovegas for $607 Mln</h3><p>MGM Resorts International on Monday offered to acquire Swedish online gaming company LeoVegas AB for about $607 million, paving the way for the U.S. casino operator to expand its presence in Europe.</p><p>MGM floated a recommended public tender offer for 61 crowns ($6.20) in cash per share, which represents a 44.2% premium to LeoVegas&#39; last closing price of 42.32 crowns.</p><h3>All Blue Capital in $773 Million Bid for Zymeworks</h3><p>Investment firm All Blue Capital has approached Zymeworks Inc, a developer of antibody therapies for cancer, with a $773 million acquisition offer.</p><p>In a regulatory filing late on Thursday, All Blue said it had made a non-binding offer for $10.50 per share in cash, which represents a 116% premium to Wednesday&#39;s closing price of $4.86.</p></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｜Activision Jumped 2.7%; Bilibili Slid 4.2% after Jefferies Cut Its Price Target</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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Revenue was slightly above analysts’ projections. Moody’s also cut its full-year revenue outlook due to its expectation of continued market volatility, and the stock fell 3.6% in the premarket.</p><p>Global Payments(GPN) – The payments technology company reported quarterly profit of $2.07 per share, beating estimates by 3 cents a share. Revenue also topped analysts’ forecasts. The company also said it is making progress with a strategic review of its Netspend consumer business.</p><p>Berkshire Hathaway(BRK.B) – Berkshireposted a mixed quarter, with first-quarter earnings beating estimates as revenue fell short of Wall Street forecasts. Earnings were down from a year ago due to stock market turbulence and an increase in insurance claims.</p><p>HSBC(HSBC) – HSBC is under pressure from its largest shareholder — China-based insurance company Ping An – to break itself up, according to a source familiar with the matter who spoke to Reuters. Ping An is said to have presented its breakup plan to the bank’s board of directors.</p><p>Moderna(MRNA) – Moderna said its Covid-19vaccine for children under 6 years oldwill be ready for review by a Food and Drug Administration panel when it meets in June. Moderna applied for emergency use authorization for the treatment last week.</p><p>China EV Makers –Li Auto(LI) andNio(NIO) both reported a drop in April deliveries compared to a year ago, saying production took a hit from the resurgence of Covid in China. RivalXpeng(XPEV), however, reported an increase in deliveries compared to April 2021. Li Auto fell 1.7% in the premarket while Nio lost 2%.</p><h2><b>Market News</b></h2><h3>Apple Hit with EU Antitrust Charge over Its Payment Technology</h3><p>EU antitrust regulators charged Apple on Monday with restricting rivals&#39; access to its NFC chip technology in a move that could result in a hefty fine for the iPhone maker and force it to open its mobile payment system to competitors.</p><h3>Global Semiconductor Sales in March up 1.1% M/M; Q1 Sales up 23% Y/Y</h3><p>Global semiconductor sales rose 1.1% M/M in March to $50.6B, according to new data from the Semiconductor Industry Association.</p><p>Q1 sales totaled $151.7B, an increase of 23.0% over the first quarter of 2021, but 0.5% less than the fourth quarter of 2021.</p><p>SIA represents 99% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms.</p><h3>MGM Resorts Offers to Buy Sweden&#39;s Leovegas for $607 Mln</h3><p>MGM Resorts International on Monday offered to acquire Swedish online gaming company LeoVegas AB for about $607 million, paving the way for the U.S. casino operator to expand its presence in Europe.</p><p>MGM floated a recommended public tender offer for 61 crowns ($6.20) in cash per share, which represents a 44.2% premium to LeoVegas&#39; last closing price of 42.32 crowns.</p><h3>All Blue Capital in $773 Million Bid for Zymeworks</h3><p>Investment firm All Blue Capital has approached Zymeworks Inc, a developer of antibody therapies for cancer, with a $773 million acquisition offer.</p><p>In a regulatory filing late on Thursday, All Blue said it had made a non-binding offer for $10.50 per share in cash, which represents a 116% premium to Wednesday&#39;s closing price of $4.86.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104708452","content_text":"At 07:48 a.m. ET, Dow e-minis were up 3 points, or 0.01%, S&P 500 e-minis were down 6.5 points, or 0.16%, and Nasdaq 100 e-minis were down 28.25 points, or 0.22%.Pre-Market MoversActivision Blizzard(ATVI) – Activision shares jumped 2.7% in premarket trading after Warren Buffett toldthe Berkshire annual meetingthat the company hadincreased its stakein the videogame maker.Bilibili(BILI) – The China-based online gaming company’s stock slid 4.2% in the premarket after Jefferies cut its price target to $51.30 from $61.50 per share, citing Bilibili’s recent cut in its revenue outlook due to the resurgence of Covid cases in China.Moody’s(MCO) – The credit ratings company missed estimates by a penny a share, with quarterly profit of $2.89 per share. Revenue was slightly above analysts’ projections. Moody’s also cut its full-year revenue outlook due to its expectation of continued market volatility, and the stock fell 3.6% in the premarket.Global Payments(GPN) – The payments technology company reported quarterly profit of $2.07 per share, beating estimates by 3 cents a share. Revenue also topped analysts’ forecasts. The company also said it is making progress with a strategic review of its Netspend consumer business.Berkshire Hathaway(BRK.B) – Berkshireposted a mixed quarter, with first-quarter earnings beating estimates as revenue fell short of Wall Street forecasts. Earnings were down from a year ago due to stock market turbulence and an increase in insurance claims.HSBC(HSBC) – HSBC is under pressure from its largest shareholder — China-based insurance company Ping An – to break itself up, according to a source familiar with the matter who spoke to Reuters. Ping An is said to have presented its breakup plan to the bank’s board of directors.Moderna(MRNA) – Moderna said its Covid-19vaccine for children under 6 years oldwill be ready for review by a Food and Drug Administration panel when it meets in June. Moderna applied for emergency use authorization for the treatment last week.China EV Makers –Li Auto(LI) andNio(NIO) both reported a drop in April deliveries compared to a year ago, saying production took a hit from the resurgence of Covid in China. RivalXpeng(XPEV), however, reported an increase in deliveries compared to April 2021. Li Auto fell 1.7% in the premarket while Nio lost 2%.Market NewsApple Hit with EU Antitrust Charge over Its Payment TechnologyEU antitrust regulators charged Apple on Monday with restricting rivals' access to its NFC chip technology in a move that could result in a hefty fine for the iPhone maker and force it to open its mobile payment system to competitors.Global Semiconductor Sales in March up 1.1% M/M; Q1 Sales up 23% Y/YGlobal semiconductor sales rose 1.1% M/M in March to $50.6B, according to new data from the Semiconductor Industry Association.Q1 sales totaled $151.7B, an increase of 23.0% over the first quarter of 2021, but 0.5% less than the fourth quarter of 2021.SIA represents 99% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms.MGM Resorts Offers to Buy Sweden's Leovegas for $607 MlnMGM Resorts International on Monday offered to acquire Swedish online gaming company LeoVegas AB for about $607 million, paving the way for the U.S. casino operator to expand its presence in Europe.MGM floated a recommended public tender offer for 61 crowns ($6.20) in cash per share, which represents a 44.2% premium to LeoVegas' last closing price of 42.32 crowns.All Blue Capital in $773 Million Bid for ZymeworksInvestment firm All Blue Capital has approached Zymeworks Inc, a developer of antibody therapies for cancer, with a $773 million acquisition offer.In a regulatory filing late on Thursday, All Blue said it had made a non-binding offer for $10.50 per share in cash, which represents a 116% premium to Wednesday's closing price of $4.86.","news_type":1},"isVote":1,"tweetType":1,"viewCount":313,"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":4,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":101557337,"commentId":"101557337","gmtCreate":1651494675526,"gmtModify":1663248373956,"authorId":3571890406293127,"author":{"id":3571890406293127,"idStr":"3571890406293127","authorId":3571890406293127,"name":"Jasonlok","avatar":"https://static.tigerbbs.com/9db21dc903d362d074cc761fe135b46d","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9063587109,"objectIdStr":"9063587109","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Okay","text":"Okay","html":"Okay","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}