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JackSeet
2022-08-19

Pre-Bell｜Dow Futures Slid Over 280 Points; Bed Bath & Beyond Plunged 42.7%

U.S. stock index futures fell on Friday after Federal Reserve officials said the central bank needs

Pre-Bell｜Dow Futures Slid Over 280 Points; Bed Bath & Beyond Plunged 42.7%

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Deere earned $6.16 per share, below the consensus estimate of $6.69, as it successfully implemented price hikes but also faced higher costs. The company also cut its full-year forecast.</p><p>Foot Locker(FL) – Foot Locker surged 17.4% in the premarket after the athletic footwear and apparel retailer’s quarterly earnings beat analyst forecasts, and the company also announced aCEO transition. FormerUlta Beauty(ULTA) CEO Mary Dillon will replace Richard Johnson as CEO on Sept. 1.</p><p>Bed Bath &amp; Beyond(BBBY) – Bed Bath &amp; Beyond plunged 42.7% in premarket tradingfollowing newsthat investor Ryan Cohen had sold his entire stake in the housewares retailer, garnering a profit of more than $58 million.</p><p>Ross Stores(ROST) – Ross Stores reported better-than-expected earnings for its latest quarter, but its revenue was below Wall Street forecasts, and the company issued a weaker than expected full-year outlook. The company said its results were impacted by higher costs as well as increased promotional activity. The stock fell 1% in premarket action.</p><p>Applied Materials(AMAT) – Applied Materials beat estimates by 15 cents with adjusted quarterly profit of $1.94 per share, and the maker of semiconductor manufacturing equipment saw revenue top forecasts as well. It also gave an upbeat current quarter revenue forecast as chipmakers increase production.</p><p>Coinbase(COIN) – The crypto exchange operator’s stock slid 8.6% in premarket trading, falling in sympathy with the sudden overnight drop in bitcoin prices.Microstrategy(MSTR), the business analytics company with extensive bitcoin holdings, saw its stock fall 9.3%.</p><p>Home Depot(HD) – Home Depot announced a new $15 billion share repurchase program, replacing a prior authorization. The home improvement retailer also announced that CEO Ted Decker will replace former CEO Craig Menear as chairman, effective October 1.</p><p>Madison Square Garden Entertainment(MSGE) – Madison Square Garden Entertainment rallied 7.3% in the premarket following news that its board ismulling a spin-offthat would contain the company’s live entertainment and MSG Networks businesses.</p><p>Bill.com(BILL) – Bill.com surged 18.5% in premarket trading after the financial back-office software provider reported better-than-expected quarterly results and issued upbeat guidance.</p><p><b>Market News</b></p><h3>Foot Locker Appoints Mary Dillon as CEO</h3><p>Foot Locker Inc said on Friday it had appointed former Ulta Beauty head Mary Dillon as its chief executive officer, effective Sept. 1.</p><p>Dillon, who replace Richard Johnson, will also serve as a member of the Foot Locker board.</p><h3>Deere Quarterly Profit Rises on Strong Equipment Demand, Pricing</h3><p>Deere &amp; Co reported a rise in quarterly profit on Friday as higher equipment demand coupled with a robust pricing environment helped the world&#39;s largest farm equipment maker to offset inflationary cost pressures.</p><p>Gaps between the supply and demand for grains increased amid the Ukraine crisis while growing consumer demand spiked prices, putting pressure on farmers to produce more and upgrade their aging fleet.</p><h3>Bitcoin Follows Stocks Lower and Sinks to Below $22,000</h3><p>Bitcoin sank to below $22,000 on Friday, following global stocks lower amid uncertainty over how aggressive the Federal Reserve would be in its effort to cool inflation with interest-rate hikes.</p><p>Bitcoin, the world’s largest cryptocurrency, has declined 7.4% to $21,726 over the past 24 hours, according to CoinDesk. The selloff came after Bitcoin briefly crossed $25,000 over the weekend for the first time since mid-June. The crypto had received a boost from a slowing of U.S. inflation. Traders felt that took some pressure off the Federal Reserve, which has been raising interest rates to tame rising prices.</p><h3>Xiaomi Q2 Revenue Drops as Covid Restrictions Hit China Sales</h3><p>Chinese smartphone maker Xiaomi Corp(1810.HK)posted a 20% drop in second quarter revenue on Friday, as the world&#39;s biggest smartphone market shrank, hit by strict COVID restrictions.</p><p>Xiaomi reported 70.17 billion yuan ($10.31 billion) in revenue for the quarter ended on June 30, down from 87.8 billion a year earlier but slightly below the 70.59 billion expected by analysts.</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｜Dow Futures Slid Over 280 Points; Bed Bath & Beyond Plunged 42.7%</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; 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｜Dow Futures Slid Over 280 Points; Bed Bath & Beyond Plunged 42.7%\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\">2022-08-19 19:55</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 fell on Friday after Federal Reserve officials said the central bank needs to keep raising interest rates to rein in inflation, while deliberating on how fast and how high to lift them.</p><p><b>Market Snapshot</b></p><p>At 7:54 a.m. ET, Dow e-minis were down 287 points, or 0.84%, S&amp;P 500 e-minis were down 44 points, or 1.03%, and Nasdaq 100 e-minis were down 156 points, or 1.15%.</p><p><img src=\"https://static.tigerbbs.com/1528f9205014e3891697d8ee403e3a28\" tg-width=\"444\" tg-height=\"181\" width=\"100%\" height=\"auto\"/></p><p><b>Pre-Market Movers</b></p><p>Deere(DE) – Deere slid 5.2% in premarket trading after the heavy equipment maker missed quarterly earnings estimates despite higher-than-expected sales. Deere earned $6.16 per share, below the consensus estimate of $6.69, as it successfully implemented price hikes but also faced higher costs. The company also cut its full-year forecast.</p><p>Foot Locker(FL) – Foot Locker surged 17.4% in the premarket after the athletic footwear and apparel retailer’s quarterly earnings beat analyst forecasts, and the company also announced aCEO transition. FormerUlta Beauty(ULTA) CEO Mary Dillon will replace Richard Johnson as CEO on Sept. 1.</p><p>Bed Bath &amp; Beyond(BBBY) – Bed Bath &amp; Beyond plunged 42.7% in premarket tradingfollowing newsthat investor Ryan Cohen had sold his entire stake in the housewares retailer, garnering a profit of more than $58 million.</p><p>Ross Stores(ROST) – Ross Stores reported better-than-expected earnings for its latest quarter, but its revenue was below Wall Street forecasts, and the company issued a weaker than expected full-year outlook. The company said its results were impacted by higher costs as well as increased promotional activity. The stock fell 1% in premarket action.</p><p>Applied Materials(AMAT) – Applied Materials beat estimates by 15 cents with adjusted quarterly profit of $1.94 per share, and the maker of semiconductor manufacturing equipment saw revenue top forecasts as well. It also gave an upbeat current quarter revenue forecast as chipmakers increase production.</p><p>Coinbase(COIN) – The crypto exchange operator’s stock slid 8.6% in premarket trading, falling in sympathy with the sudden overnight drop in bitcoin prices.Microstrategy(MSTR), the business analytics company with extensive bitcoin holdings, saw its stock fall 9.3%.</p><p>Home Depot(HD) – Home Depot announced a new $15 billion share repurchase program, replacing a prior authorization. The home improvement retailer also announced that CEO Ted Decker will replace former CEO Craig Menear as chairman, effective October 1.</p><p>Madison Square Garden Entertainment(MSGE) – Madison Square Garden Entertainment rallied 7.3% in the premarket following news that its board ismulling a spin-offthat would contain the company’s live entertainment and MSG Networks businesses.</p><p>Bill.com(BILL) – Bill.com surged 18.5% in premarket trading after the financial back-office software provider reported better-than-expected quarterly results and issued upbeat guidance.</p><p><b>Market News</b></p><h3>Foot Locker Appoints Mary Dillon as CEO</h3><p>Foot Locker Inc said on Friday it had appointed former Ulta Beauty head Mary Dillon as its chief executive officer, effective Sept. 1.</p><p>Dillon, who replace Richard Johnson, will also serve as a member of the Foot Locker board.</p><h3>Deere Quarterly Profit Rises on Strong Equipment Demand, Pricing</h3><p>Deere &amp; Co reported a rise in quarterly profit on Friday as higher equipment demand coupled with a robust pricing environment helped the world&#39;s largest farm equipment maker to offset inflationary cost pressures.</p><p>Gaps between the supply and demand for grains increased amid the Ukraine crisis while growing consumer demand spiked prices, putting pressure on farmers to produce more and upgrade their aging fleet.</p><h3>Bitcoin Follows Stocks Lower and Sinks to Below $22,000</h3><p>Bitcoin sank to below $22,000 on Friday, following global stocks lower amid uncertainty over how aggressive the Federal Reserve would be in its effort to cool inflation with interest-rate hikes.</p><p>Bitcoin, the world’s largest cryptocurrency, has declined 7.4% to $21,726 over the past 24 hours, according to CoinDesk. The selloff came after Bitcoin briefly crossed $25,000 over the weekend for the first time since mid-June. The crypto had received a boost from a slowing of U.S. inflation. Traders felt that took some pressure off the Federal Reserve, which has been raising interest rates to tame rising prices.</p><h3>Xiaomi Q2 Revenue Drops as Covid Restrictions Hit China Sales</h3><p>Chinese smartphone maker Xiaomi Corp(1810.HK)posted a 20% drop in second quarter revenue on Friday, as the world&#39;s biggest smartphone market shrank, hit by strict COVID restrictions.</p><p>Xiaomi reported 70.17 billion yuan ($10.31 billion) in revenue for the quarter ended on June 30, down from 87.8 billion a year earlier but slightly below the 70.59 billion expected by analysts.</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":"1156913631","content_text":"U.S. stock index futures fell on Friday after Federal Reserve officials said the central bank needs to keep raising interest rates to rein in inflation, while deliberating on how fast and how high to lift them.Market SnapshotAt 7:54 a.m. ET, Dow e-minis were down 287 points, or 0.84%, S&P 500 e-minis were down 44 points, or 1.03%, and Nasdaq 100 e-minis were down 156 points, or 1.15%.Pre-Market MoversDeere(DE) – Deere slid 5.2% in premarket trading after the heavy equipment maker missed quarterly earnings estimates despite higher-than-expected sales. Deere earned $6.16 per share, below the consensus estimate of $6.69, as it successfully implemented price hikes but also faced higher costs. The company also cut its full-year forecast.Foot Locker(FL) – Foot Locker surged 17.4% in the premarket after the athletic footwear and apparel retailer’s quarterly earnings beat analyst forecasts, and the company also announced aCEO transition. FormerUlta Beauty(ULTA) CEO Mary Dillon will replace Richard Johnson as CEO on Sept. 1.Bed Bath & Beyond(BBBY) – Bed Bath & Beyond plunged 42.7% in premarket tradingfollowing newsthat investor Ryan Cohen had sold his entire stake in the housewares retailer, garnering a profit of more than $58 million.Ross Stores(ROST) – Ross Stores reported better-than-expected earnings for its latest quarter, but its revenue was below Wall Street forecasts, and the company issued a weaker than expected full-year outlook. The company said its results were impacted by higher costs as well as increased promotional activity. The stock fell 1% in premarket action.Applied Materials(AMAT) – Applied Materials beat estimates by 15 cents with adjusted quarterly profit of $1.94 per share, and the maker of semiconductor manufacturing equipment saw revenue top forecasts as well. It also gave an upbeat current quarter revenue forecast as chipmakers increase production.Coinbase(COIN) – The crypto exchange operator’s stock slid 8.6% in premarket trading, falling in sympathy with the sudden overnight drop in bitcoin prices.Microstrategy(MSTR), the business analytics company with extensive bitcoin holdings, saw its stock fall 9.3%.Home Depot(HD) – Home Depot announced a new $15 billion share repurchase program, replacing a prior authorization. The home improvement retailer also announced that CEO Ted Decker will replace former CEO Craig Menear as chairman, effective October 1.Madison Square Garden Entertainment(MSGE) – Madison Square Garden Entertainment rallied 7.3% in the premarket following news that its board ismulling a spin-offthat would contain the company’s live entertainment and MSG Networks businesses.Bill.com(BILL) – Bill.com surged 18.5% in premarket trading after the financial back-office software provider reported better-than-expected quarterly results and issued upbeat guidance.Market NewsFoot Locker Appoints Mary Dillon as CEOFoot Locker Inc said on Friday it had appointed former Ulta Beauty head Mary Dillon as its chief executive officer, effective Sept. 1.Dillon, who replace Richard Johnson, will also serve as a member of the Foot Locker board.Deere Quarterly Profit Rises on Strong Equipment Demand, PricingDeere & Co reported a rise in quarterly profit on Friday as higher equipment demand coupled with a robust pricing environment helped the world's largest farm equipment maker to offset inflationary cost pressures.Gaps between the supply and demand for grains increased amid the Ukraine crisis while growing consumer demand spiked prices, putting pressure on farmers to produce more and upgrade their aging fleet.Bitcoin Follows Stocks Lower and Sinks to Below $22,000Bitcoin sank to below $22,000 on Friday, following global stocks lower amid uncertainty over how aggressive the Federal Reserve would be in its effort to cool inflation with interest-rate hikes.Bitcoin, the world’s largest cryptocurrency, has declined 7.4% to $21,726 over the past 24 hours, according to CoinDesk. The selloff came after Bitcoin briefly crossed $25,000 over the weekend for the first time since mid-June. The crypto had received a boost from a slowing of U.S. inflation. Traders felt that took some pressure off the Federal Reserve, which has been raising interest rates to tame rising prices.Xiaomi Q2 Revenue Drops as Covid Restrictions Hit China SalesChinese smartphone maker Xiaomi Corp(1810.HK)posted a 20% drop in second quarter revenue on Friday, as the world's biggest smartphone market shrank, hit by strict COVID restrictions.Xiaomi reported 70.17 billion yuan ($10.31 billion) in revenue for the quarter ended on June 30, down from 87.8 billion a year earlier but slightly below the 70.59 billion expected by analysts.","news_type":1},"isVote":1,"tweetType":1,"viewCount":256,"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":2,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":103498587,"gmtCreate":1660912322942,"gmtModify":1663256866244,"authorId":3583391194597510,"author":{"id":3583391194597510,"authorId":3583391194597510,"name":"JackSeet","avatar":"https://static.tigerbbs.com/f2bef2084046b93a3436cd7950f85aa8","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9998903270,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">Ok</span>","text":"<span class=\"s1\">Ok</span>","html":"<span class=\"s1\">Ok</span>","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}