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2022-12-01

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Pre-Bell｜U.S. Stock Futures Tick Higher; Credit Suisse Shares Sink to New Record Lows

U.S. Stock futures tick higher Thursday, a day after a sharp rally on Wall Street. The October Core

Pre-Bell｜U.S. Stock Futures Tick Higher; Credit Suisse Shares Sink to New Record Lows

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·2022-12-01
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Designer Brands noted a volatile economic environment that is impacting most retailers, but said it was in position to navigate the conditions.</p><p>Dollar General(DG) – Dollar General slumped 6.1% in premarket trading after the discount retailer cut its annual forecast due to higher costs. Dollar General posted quarterly earnings that missed Street forecasts, but its revenue and comparable store sales beat analyst estimates.</p><p>Lands’ End(LE) – The apparel retailer reported an unexpected quarterly loss. Revenue came in below analyst forecasts, prompting a 26.4% premarket plummet in the stock. Lands’ End was hurt by higher costs and a 17.7% jump in inventories.</p><p>Salesforce(CRM) – Salesforce fell 7.4% in the premarket after the business software company announced that co-CEO Bret Taylor would be stepping down January 31, leaving Chairman Marc Benioff as the sole CEO. Salesforce also reported better than expected quarterly profit and revenue.</p><p>Kroger(KR) – The supermarket operator reported better than expected profit and sales for its latest quarter, and it raised its full-year forecast. Comparable store sales were up 6.9%, well above the 4% consensus estimate. Kroger shares added 3.7% in the premarket.</p><p>Snowflake(SNOW) – Snowflake lost 5.9% in off-hours trading after the data software provider issued a cautious forecast, even as it reported quarterly results that beat analyst estimates.</p><p>Five Below(FIVE) – Five Below rallied 9.3% in premarket trading in the wake of better than expected quarterly results. The discount retailer said customer traffic and spending improved throughout the quarter, and effective expense management also helped.</p><p>Nutanix(NTNX) – Nutanix shares rose 5.3% in the premarket following a Bloomberg report sayingHewlett Packard Enterprise(HPE) has held takeover talks with the cloud computing company. The talks have been on and off, and the prospects for an agreement are unclear.</p><p>Costco(COST) – Costco stock slipped 3.2% after its November sales results showed more than a 10% drop in online sales for the warehouse retailer. E-commerce sales had been a bright spot for Costco during the pandemic.</p><p>Okta(OKTA) – Okta shares surged 15.9% in early trading as the identity management software company issued upbeat revenue guidance for its full fiscal year.</p><p>Splunk(SPLK) – Splunk staged an 8.1% premarket rally after the data management software company reported upbeat quarterly results and boosted its full-year forecast. Splunk said it was also benefiting from cost cuts.</p><p>PVH(PVH) – PVH jumped 9.4% in the premarket following an upbeat forecast for the maker of the Calvin Klein and Tommy Hilfiger apparel brands. The company said its pricing power has held steady even in the face of an uncertain macroeconomic environment.</p><h2>Market News</h2><h3>Tesla to Issue Software Updates for 435,000 Cars in China</h3><p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a> will issue software updates for more than 435,000 vehicles in China to fix an issue with side marker lights that could in extreme circumstances lead to a collision, a regulatory body said.</p><p>It covers 142,277 Model 3 cars and 292,855 Model Ys, according to a statement by the State Administration for Market Regulation.</p><h3>Netflix to Let Tens of Thousands of Subscribers Preview Content</h3><p>Netflix is now planning to expand its group of previewers beyond its current base of 2,000-plus subscribers to include tens of thousands of users around the world early next year, people familiar with those plans said.</p><p>Netflix is working to ensure that every dollar spent on content yields the highest level of member attention and engagement across its 223 million-strong subscriber base globally, and comes as streamers more heavily scrutinize content spending and focus more on profitability.</p><h3>Piper Sandler Cuts Estimates for Apple&#39;s Dec Quarter</h3><p>Analysts at Piper Sandler on Thursday cut their revenue and iPhone sales estimates for <a href=\"https://laohu8.com/S/AAPL\">Apple Inc</a>&#39;s December quarter.</p><p>The brokerage now expects $119 billon in revenue for the current quarter from an earlier projection of $127.3 billion, with iPhone unit sales of about 74 million against 83 million previously expected.</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 Tick Higher; Credit Suisse Shares Sink to New Record Lows\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\">2022-12-01 21:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. Stock futures tick higher Thursday, a day after a sharp rally on Wall Street. The October Core Personal Consumption Expenditures Index rose 0.2%, below the consensus estimate of 0.3% collected from economists by Dow Jones.</p><h2>Market Snapshot</h2><p>Dow e-minis were up 60 points, or 0.17%, S&amp;P 500 e-minis were up 15 points, or 0.37%, and Nasdaq 100 e-minis were up 46 points, or 0.38%.</p><p><img src=\"https://static.tigerbbs.com/c6b65740bb902b2f2c0802bd33050d1f\" tg-width=\"1080\" tg-height=\"404\" width=\"100%\" height=\"auto\"/></p><h2>Pre-Market Movers</h2><p>Designer Brands(DBI) – The footwear retailer’s shares slid 15.6% in the premarket after it missed top and bottom line estimates for its latest quarter and cut its profit outlook. Designer Brands noted a volatile economic environment that is impacting most retailers, but said it was in position to navigate the conditions.</p><p>Dollar General(DG) – Dollar General slumped 6.1% in premarket trading after the discount retailer cut its annual forecast due to higher costs. Dollar General posted quarterly earnings that missed Street forecasts, but its revenue and comparable store sales beat analyst estimates.</p><p>Lands’ End(LE) – The apparel retailer reported an unexpected quarterly loss. Revenue came in below analyst forecasts, prompting a 26.4% premarket plummet in the stock. Lands’ End was hurt by higher costs and a 17.7% jump in inventories.</p><p>Salesforce(CRM) – Salesforce fell 7.4% in the premarket after the business software company announced that co-CEO Bret Taylor would be stepping down January 31, leaving Chairman Marc Benioff as the sole CEO. Salesforce also reported better than expected quarterly profit and revenue.</p><p>Kroger(KR) – The supermarket operator reported better than expected profit and sales for its latest quarter, and it raised its full-year forecast. Comparable store sales were up 6.9%, well above the 4% consensus estimate. Kroger shares added 3.7% in the premarket.</p><p>Snowflake(SNOW) – Snowflake lost 5.9% in off-hours trading after the data software provider issued a cautious forecast, even as it reported quarterly results that beat analyst estimates.</p><p>Five Below(FIVE) – Five Below rallied 9.3% in premarket trading in the wake of better than expected quarterly results. The discount retailer said customer traffic and spending improved throughout the quarter, and effective expense management also helped.</p><p>Nutanix(NTNX) – Nutanix shares rose 5.3% in the premarket following a Bloomberg report sayingHewlett Packard Enterprise(HPE) has held takeover talks with the cloud computing company. The talks have been on and off, and the prospects for an agreement are unclear.</p><p>Costco(COST) – Costco stock slipped 3.2% after its November sales results showed more than a 10% drop in online sales for the warehouse retailer. E-commerce sales had been a bright spot for Costco during the pandemic.</p><p>Okta(OKTA) – Okta shares surged 15.9% in early trading as the identity management software company issued upbeat revenue guidance for its full fiscal year.</p><p>Splunk(SPLK) – Splunk staged an 8.1% premarket rally after the data management software company reported upbeat quarterly results and boosted its full-year forecast. Splunk said it was also benefiting from cost cuts.</p><p>PVH(PVH) – PVH jumped 9.4% in the premarket following an upbeat forecast for the maker of the Calvin Klein and Tommy Hilfiger apparel brands. The company said its pricing power has held steady even in the face of an uncertain macroeconomic environment.</p><h2>Market News</h2><h3>Tesla to Issue Software Updates for 435,000 Cars in China</h3><p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a> will issue software updates for more than 435,000 vehicles in China to fix an issue with side marker lights that could in extreme circumstances lead to a collision, a regulatory body said.</p><p>It covers 142,277 Model 3 cars and 292,855 Model Ys, according to a statement by the State Administration for Market Regulation.</p><h3>Netflix to Let Tens of Thousands of Subscribers Preview Content</h3><p>Netflix is now planning to expand its group of previewers beyond its current base of 2,000-plus subscribers to include tens of thousands of users around the world early next year, people familiar with those plans said.</p><p>Netflix is working to ensure that every dollar spent on content yields the highest level of member attention and engagement across its 223 million-strong subscriber base globally, and comes as streamers more heavily scrutinize content spending and focus more on profitability.</p><h3>Piper Sandler Cuts Estimates for Apple&#39;s Dec Quarter</h3><p>Analysts at Piper Sandler on Thursday cut their revenue and iPhone sales estimates for <a href=\"https://laohu8.com/S/AAPL\">Apple Inc</a>&#39;s December quarter.</p><p>The brokerage now expects $119 billon in revenue for the current quarter from an earlier projection of $127.3 billion, with iPhone unit sales of about 74 million against 83 million previously expected.</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":"1145441215","content_text":"U.S. Stock futures tick higher Thursday, a day after a sharp rally on Wall Street. The October Core Personal Consumption Expenditures Index rose 0.2%, below the consensus estimate of 0.3% collected from economists by Dow Jones.Market SnapshotDow e-minis were up 60 points, or 0.17%, S&P 500 e-minis were up 15 points, or 0.37%, and Nasdaq 100 e-minis were up 46 points, or 0.38%.Pre-Market MoversDesigner Brands(DBI) – The footwear retailer’s shares slid 15.6% in the premarket after it missed top and bottom line estimates for its latest quarter and cut its profit outlook. Designer Brands noted a volatile economic environment that is impacting most retailers, but said it was in position to navigate the conditions.Dollar General(DG) – Dollar General slumped 6.1% in premarket trading after the discount retailer cut its annual forecast due to higher costs. Dollar General posted quarterly earnings that missed Street forecasts, but its revenue and comparable store sales beat analyst estimates.Lands’ End(LE) – The apparel retailer reported an unexpected quarterly loss. Revenue came in below analyst forecasts, prompting a 26.4% premarket plummet in the stock. Lands’ End was hurt by higher costs and a 17.7% jump in inventories.Salesforce(CRM) – Salesforce fell 7.4% in the premarket after the business software company announced that co-CEO Bret Taylor would be stepping down January 31, leaving Chairman Marc Benioff as the sole CEO. Salesforce also reported better than expected quarterly profit and revenue.Kroger(KR) – The supermarket operator reported better than expected profit and sales for its latest quarter, and it raised its full-year forecast. Comparable store sales were up 6.9%, well above the 4% consensus estimate. Kroger shares added 3.7% in the premarket.Snowflake(SNOW) – Snowflake lost 5.9% in off-hours trading after the data software provider issued a cautious forecast, even as it reported quarterly results that beat analyst estimates.Five Below(FIVE) – Five Below rallied 9.3% in premarket trading in the wake of better than expected quarterly results. The discount retailer said customer traffic and spending improved throughout the quarter, and effective expense management also helped.Nutanix(NTNX) – Nutanix shares rose 5.3% in the premarket following a Bloomberg report sayingHewlett Packard Enterprise(HPE) has held takeover talks with the cloud computing company. The talks have been on and off, and the prospects for an agreement are unclear.Costco(COST) – Costco stock slipped 3.2% after its November sales results showed more than a 10% drop in online sales for the warehouse retailer. E-commerce sales had been a bright spot for Costco during the pandemic.Okta(OKTA) – Okta shares surged 15.9% in early trading as the identity management software company issued upbeat revenue guidance for its full fiscal year.Splunk(SPLK) – Splunk staged an 8.1% premarket rally after the data management software company reported upbeat quarterly results and boosted its full-year forecast. Splunk said it was also benefiting from cost cuts.PVH(PVH) – PVH jumped 9.4% in the premarket following an upbeat forecast for the maker of the Calvin Klein and Tommy Hilfiger apparel brands. The company said its pricing power has held steady even in the face of an uncertain macroeconomic environment.Market NewsTesla to Issue Software Updates for 435,000 Cars in ChinaTesla will issue software updates for more than 435,000 vehicles in China to fix an issue with side marker lights that could in extreme circumstances lead to a collision, a regulatory body said.It covers 142,277 Model 3 cars and 292,855 Model Ys, according to a statement by the State Administration for Market Regulation.Netflix to Let Tens of Thousands of Subscribers Preview ContentNetflix is now planning to expand its group of previewers beyond its current base of 2,000-plus subscribers to include tens of thousands of users around the world early next year, people familiar with those plans said.Netflix is working to ensure that every dollar spent on content yields the highest level of member attention and engagement across its 223 million-strong subscriber base globally, and comes as streamers more heavily scrutinize content spending and focus more on profitability.Piper Sandler Cuts Estimates for Apple's Dec QuarterAnalysts at Piper Sandler on Thursday cut their revenue and iPhone sales estimates for Apple Inc's December quarter.The brokerage now expects $119 billon in revenue for the current quarter from an earlier projection of $127.3 billion, with iPhone unit sales of about 74 million against 83 million previously expected.","news_type":1},"isVote":1,"tweetType":1,"viewCount":882,"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":2,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":105026665,"commentId":"105026665","gmtCreate":1669904129595,"gmtModify":1669904142568,"authorId":4093827796988890,"author":{"id":4093827796988890,"idStr":"4093827796988890","authorId":4093827796988890,"name":"Alexiss","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-2","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Executive Tiger","description":"The transaction amount of the securities account reaches $300,000","bigImgUrl":"https://static.tigerbbs.com/9d20b23f1b6335407f882bc5c2ad12c0","smallImgUrl":"https://static.tigerbbs.com/ada3b4533518ace8404a3f6dd192bd29","grayImgUrl":"https://static.tigerbbs.com/177f283ba21d1c077054dac07f88f3bd","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.12.07","exceedPercentage":"80.50%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":6,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9965371483,"objectIdStr":"9965371483","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"<span class=\"s1\">Okik</span>","text":"<span class=\"s1\">Okik</span>","html":"<span class=\"s1\">Okik</span>","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}