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Pre-Bell｜U.S. Stock Futures Were Little Changed; This Tech Platform Stock Soared Over 18%

U.S. stock futures were little changed Tuesday, as traders took a breather after fears of even highe

Pre-Bell｜U.S. Stock Futures Were Little Changed; This Tech Platform Stock Soared Over 18%

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Herbalife plans to use the proceeds to repurchase existing debt and for general corporate purposes.</p><p><b><a href=\"https://laohu8.com/S/GTLB\">GitLab, Inc.</a></b> – GitLab shares surged 18.7% in the premarket following better-than-expected quarterly results for the maker of development operations software, with a smaller loss than analysts had anticipated and sales that exceeded consensus estimates. GitLab also issued an upbeat outlook.</p><p><b><a href=\"https://laohu8.com/S/TXT\">Textron</a></b> – Textron rallied 9.6% in the premarket after the company’s Bell unit won a U.S. Army contract to provide next-generation helicopters. The contract could potentially be worth about $70 billion over a period spanning decades.</p><p><b><a href=\"https://laohu8.com/S/AZO\">AutoZone</a></b> – AutoZone beat top and bottom line consensus for its latest quarter, with the auto parts retailer also reporting a larger-than-expected rise in comparable-store sales. AutoZone has been benefiting from consumers investing in their existing cars amid still-high vehicle prices.</p><p><b><a href=\"https://laohu8.com/S/SIG\">Signet Jewelers</a></b> – The jewelry retailer reported quarterly profit of 74 cents per share, well above the 31 cents a share consensus estimate. Revenue beat consensus estimates as well. Signet’s same-store sales decline of 7.6% was in line with analysts’ estimates. The stock surged 8.1% in premarket action.</p><p><b><a href=\"https://laohu8.com/S/JPM\">JPMorgan Chase</a></b> – The bank’s stock rose 1.5% in the premarket after Morgan Stanley double-upgraded it to “overweight” from “underweight,” pointing to a variety of factors including growing market share for the company’s Consumer &amp; Community Bank and improved operating leverage.</p><p><b><a href=\"https://laohu8.com/S/RCL\">Royal Caribbean Cruises</a></b> – Royal Caribbean lost 2.1% in premarket action after a double-downgrade to “underweight” from “overweight” at J.P. Morgan Securities. The analyst report is generally upbeat on the outlook for cruise stocks but notes that Royal Caribbean is particularly vulnerable to a less favorable market for raising capital given the timing of its future financial commitments.</p><p><b><a href=\"https://laohu8.com/S/AXON\">Axon Enterprise, Inc.</a></b> – Axon fell 2.7% in premarket action after the Taser maker announced a $500 million convertible notes offering.</p><p><b><a href=\"https://laohu8.com/S/GE\">General Electric Co</a></b> – General Electric was upgraded to “outperform” from “perform” at Oppenheimer, which also set a price target of $104 per share. The report is upbeat on GE’s aviation and power operations, among other factors. GE shares rose 1.4% in the premarket.</p><p><b>Market News</b></p><p><b><a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a></b> called reports that Giga Shanghai will cut production “untrue” on Monday. They reported that the EV manufacturer plans to lower production by as much as 20%.</p><p><b><a href=\"https://laohu8.com/S/MSFT\">Microsoft</a></b> is raising the price of new Xbox games to $70 from $60 starting in 2023, following other big gaming rivals from Ubisoft Entertainment SA to Sony Group Corp. and Take-Two Interactive Software Inc.</p><p><b><a href=\"https://laohu8.com/S/META\">Meta Platforms, Inc.</a></b> on Monday threatened to remove news from its platform if the US Congress passes a proposal aimed at making it easier for news organisations to negotiate collectively with companies like Alphabet Inc’s Google and Facebook.</p><p><b><a href=\"https://laohu8.com/S/PEP\">Pepsi</a></b> is laying off workers at the headquarters of its North American snacks and beverages divisions, a signal that corporate belt-tightening is extending beyond tech and media, according to people familiar with the matter</p><p><b><a href=\"https://laohu8.com/S/CVX\">Chevron</a></b> will formally take over operational control of a key Venezuelan oil-processing facility this week during a joint visit to the site by company and government representatives, according to a person familiar with the plan.</p><p><b><a href=\"https://laohu8.com/S/TWTR\">Twitter</a></b> is facing new legal fallout from mass layoffs under Mr Elon Musk’s management, including complaints from some workers that severance payments are less than promised and from other employees that the company retaliated against them for exercising protected labour rights.</p><p><b><a href=\"https://laohu8.com/S/HTZ\">Hertz Global Holdings, Inc.</a></b> announced on Monday that it will pay about $168 million to settle claims from 364 people who claim to have been wronged by the company.</p><p><b><a href=\"https://laohu8.com/S/GTLB\">GitLab, Inc.</a></b> reported a third-quarter loss of $48.5 million, or 33 cents a share, compared with a loss of $41.2 million, or 62 cents a share, in the year-ago period. 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Herbalife plans to use the proceeds to repurchase existing debt and for general corporate purposes.</p><p><b><a href=\"https://laohu8.com/S/GTLB\">GitLab, Inc.</a></b> – GitLab shares surged 18.7% in the premarket following better-than-expected quarterly results for the maker of development operations software, with a smaller loss than analysts had anticipated and sales that exceeded consensus estimates. GitLab also issued an upbeat outlook.</p><p><b><a href=\"https://laohu8.com/S/TXT\">Textron</a></b> – Textron rallied 9.6% in the premarket after the company’s Bell unit won a U.S. Army contract to provide next-generation helicopters. The contract could potentially be worth about $70 billion over a period spanning decades.</p><p><b><a href=\"https://laohu8.com/S/AZO\">AutoZone</a></b> – AutoZone beat top and bottom line consensus for its latest quarter, with the auto parts retailer also reporting a larger-than-expected rise in comparable-store sales. AutoZone has been benefiting from consumers investing in their existing cars amid still-high vehicle prices.</p><p><b><a href=\"https://laohu8.com/S/SIG\">Signet Jewelers</a></b> – The jewelry retailer reported quarterly profit of 74 cents per share, well above the 31 cents a share consensus estimate. Revenue beat consensus estimates as well. Signet’s same-store sales decline of 7.6% was in line with analysts’ estimates. The stock surged 8.1% in premarket action.</p><p><b><a href=\"https://laohu8.com/S/JPM\">JPMorgan Chase</a></b> – The bank’s stock rose 1.5% in the premarket after Morgan Stanley double-upgraded it to “overweight” from “underweight,” pointing to a variety of factors including growing market share for the company’s Consumer &amp; Community Bank and improved operating leverage.</p><p><b><a href=\"https://laohu8.com/S/RCL\">Royal Caribbean Cruises</a></b> – Royal Caribbean lost 2.1% in premarket action after a double-downgrade to “underweight” from “overweight” at J.P. Morgan Securities. The analyst report is generally upbeat on the outlook for cruise stocks but notes that Royal Caribbean is particularly vulnerable to a less favorable market for raising capital given the timing of its future financial commitments.</p><p><b><a href=\"https://laohu8.com/S/AXON\">Axon Enterprise, Inc.</a></b> – Axon fell 2.7% in premarket action after the Taser maker announced a $500 million convertible notes offering.</p><p><b><a href=\"https://laohu8.com/S/GE\">General Electric Co</a></b> – General Electric was upgraded to “outperform” from “perform” at Oppenheimer, which also set a price target of $104 per share. The report is upbeat on GE’s aviation and power operations, among other factors. GE shares rose 1.4% in the premarket.</p><p><b>Market News</b></p><p><b><a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a></b> called reports that Giga Shanghai will cut production “untrue” on Monday. They reported that the EV manufacturer plans to lower production by as much as 20%.</p><p><b><a href=\"https://laohu8.com/S/MSFT\">Microsoft</a></b> is raising the price of new Xbox games to $70 from $60 starting in 2023, following other big gaming rivals from Ubisoft Entertainment SA to Sony Group Corp. and Take-Two Interactive Software Inc.</p><p><b><a href=\"https://laohu8.com/S/META\">Meta Platforms, Inc.</a></b> on Monday threatened to remove news from its platform if the US Congress passes a proposal aimed at making it easier for news organisations to negotiate collectively with companies like Alphabet Inc’s Google and Facebook.</p><p><b><a href=\"https://laohu8.com/S/PEP\">Pepsi</a></b> is laying off workers at the headquarters of its North American snacks and beverages divisions, a signal that corporate belt-tightening is extending beyond tech and media, according to people familiar with the matter</p><p><b><a href=\"https://laohu8.com/S/CVX\">Chevron</a></b> will formally take over operational control of a key Venezuelan oil-processing facility this week during a joint visit to the site by company and government representatives, according to a person familiar with the plan.</p><p><b><a href=\"https://laohu8.com/S/TWTR\">Twitter</a></b> is facing new legal fallout from mass layoffs under Mr Elon Musk’s management, including complaints from some workers that severance payments are less than promised and from other employees that the company retaliated against them for exercising protected labour rights.</p><p><b><a href=\"https://laohu8.com/S/HTZ\">Hertz Global Holdings, Inc.</a></b> announced on Monday that it will pay about $168 million to settle claims from 364 people who claim to have been wronged by the company.</p><p><b><a href=\"https://laohu8.com/S/GTLB\">GitLab, Inc.</a></b> reported a third-quarter loss of $48.5 million, or 33 cents a share, compared with a loss of $41.2 million, or 62 cents a share, in the year-ago period. The adjusted loss, which excludes stock-based compensation expenses and other items, was 10 cents a share, compared with 34 cents a share in the year-ago period.</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":"1106669422","content_text":"U.S. stock futures were little changed Tuesday, as traders took a breather after fears of even higher rates sparked a sell-off during the previous session.Market SnapshotAt 7:40 a.m. ET, Dow e-minis were up 26 points, or 0.08%, S&P 500 e-minis were up 4.25 points, or 0.11%, and Nasdaq 100 e-minis were up 27 points, or 0.23%.Pre-Market MoversHerbalife – Herbalife tumbled 9.8% in premarket trading after the nutrition and health products company announced a $250 million convertible note offering. Herbalife plans to use the proceeds to repurchase existing debt and for general corporate purposes.GitLab, Inc. – GitLab shares surged 18.7% in the premarket following better-than-expected quarterly results for the maker of development operations software, with a smaller loss than analysts had anticipated and sales that exceeded consensus estimates. GitLab also issued an upbeat outlook.Textron – Textron rallied 9.6% in the premarket after the company’s Bell unit won a U.S. Army contract to provide next-generation helicopters. The contract could potentially be worth about $70 billion over a period spanning decades.AutoZone – AutoZone beat top and bottom line consensus for its latest quarter, with the auto parts retailer also reporting a larger-than-expected rise in comparable-store sales. AutoZone has been benefiting from consumers investing in their existing cars amid still-high vehicle prices.Signet Jewelers – The jewelry retailer reported quarterly profit of 74 cents per share, well above the 31 cents a share consensus estimate. Revenue beat consensus estimates as well. Signet’s same-store sales decline of 7.6% was in line with analysts’ estimates. The stock surged 8.1% in premarket action.JPMorgan Chase – The bank’s stock rose 1.5% in the premarket after Morgan Stanley double-upgraded it to “overweight” from “underweight,” pointing to a variety of factors including growing market share for the company’s Consumer & Community Bank and improved operating leverage.Royal Caribbean Cruises – Royal Caribbean lost 2.1% in premarket action after a double-downgrade to “underweight” from “overweight” at J.P. Morgan Securities. The analyst report is generally upbeat on the outlook for cruise stocks but notes that Royal Caribbean is particularly vulnerable to a less favorable market for raising capital given the timing of its future financial commitments.Axon Enterprise, Inc. – Axon fell 2.7% in premarket action after the Taser maker announced a $500 million convertible notes offering.General Electric Co – General Electric was upgraded to “outperform” from “perform” at Oppenheimer, which also set a price target of $104 per share. The report is upbeat on GE’s aviation and power operations, among other factors. GE shares rose 1.4% in the premarket.Market NewsTesla Motors called reports that Giga Shanghai will cut production “untrue” on Monday. They reported that the EV manufacturer plans to lower production by as much as 20%.Microsoft is raising the price of new Xbox games to $70 from $60 starting in 2023, following other big gaming rivals from Ubisoft Entertainment SA to Sony Group Corp. and Take-Two Interactive Software Inc.Meta Platforms, Inc. on Monday threatened to remove news from its platform if the US Congress passes a proposal aimed at making it easier for news organisations to negotiate collectively with companies like Alphabet Inc’s Google and Facebook.Pepsi is laying off workers at the headquarters of its North American snacks and beverages divisions, a signal that corporate belt-tightening is extending beyond tech and media, according to people familiar with the matterChevron will formally take over operational control of a key Venezuelan oil-processing facility this week during a joint visit to the site by company and government representatives, according to a person familiar with the plan.Twitter is facing new legal fallout from mass layoffs under Mr Elon Musk’s management, including complaints from some workers that severance payments are less than promised and from other employees that the company retaliated against them for exercising protected labour rights.Hertz Global Holdings, Inc. announced on Monday that it will pay about $168 million to settle claims from 364 people who claim to have been wronged by the company.GitLab, Inc. reported a third-quarter loss of $48.5 million, or 33 cents a share, compared with a loss of $41.2 million, or 62 cents a share, in the year-ago period. The adjusted loss, which excludes stock-based compensation expenses and other items, was 10 cents a share, compared with 34 cents a share in the year-ago period.","news_type":1},"isVote":1,"tweetType":1,"viewCount":192,"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,"upFlag":false,"length":4,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":105092516,"gmtCreate":1670335707445,"gmtModify":1670335720171,"authorId":4087473897023050,"author":{"id":4087473897023050,"authorId":4087473897023050,"name":"CW37","avatar":"https://static.tigerbbs.com/8017b0b5389b68d3666c7996d3950287","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9967289648,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">done</span>","text":"<span class=\"s1\">done</span>","html":"<span class=\"s1\">done</span>","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}