Twitter – Twitter, Texas Instruments, Intel, Las Vegas Sands: What to Watch When the Stock Market Opens Today
Futures are wavering after weekly jobless claims came in higher than expected. Here’s what we’re watching ahead of Thursday’s open.
delivered Texas-sized revenue growth and a profit jump in the recent quarter, but its outlook failed to beat expectations. Its shares were down 4.4% premarket.
- So much for internet routers.
shares plunged 16% premarket after its third-quarter guidance fell short of expectations and second-quarter revenue came in near the lower end of its expectations.
- Shares of both
are losing altitude, even though they said the recent travel recovery has been a boon as they work to restore operations after the Covid-19 pandemic crushed the industry last year. Southwest dropped 2.1% and American shed 1.6%.
was up 0.9% after it delivered an earnings beat and lifted its revenue forecasts on growth of new wireless subscribers.
added 1.2% after the private-equity firm’s earnings jumped in the second quarter, propelled by record appreciation in the value of its investments.
- Railway operator
jumped 3.8% premarket after it said profit more than doubled in the second quarter.
Las Vegas Sands
said losses narrowed in the second quarter as revenue recovered from last year’s more restrictive measures to limit the spread of Covid-19, but market players are still taking their bets off the table. Its shares were down 3%.
shares are up 1.1% premarket. CEO
told Barrons that he sees the “travel rebound of the century,” even as Covid-19 cases jump.
said its trucking division will acquire logistics company Transplace in a deal that values the target at around $2.3 billion. Uber shares slipped 0.6% premarket.
raised its projections for the year as it sees broad-based revenue growth across all its segments. Market watchers greeted the news with a yawn: Shares were flat premarket.
are set to report earnings after markets close. In Intel’s case, an earnings drop could be in the cards amid a global chip shortage.
Copyright ©2021 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8