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JoleneChong
2021-04-14

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Toplines Before US Market Open on Wednesday

Stocks set to rise after S&P 500 closed at another record.Bank earnings beat estimates, surge past l

Toplines Before US Market Open on Wednesday

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Treasury yields rose.At 8:21 a.m. ET, Dow E-minis were up 22 points, or 0.07%, S&amp;P 500 E-minis were up 5.25 points, or 0.13% and Nasdaq 100 E-minis were up 48.75 points, or 0.35%.<img src=\"https://static.tigerbbs.com/2a3e6a5c68e99729b8292c78b183ac50\" tg-width=\"1242\" tg-height=\"495\" referrerpolicy=\"no-referrer\">Stocks making the biggest moves in the premarket: Goldman Sachs, Bed Bath &amp; Beyond, JetBlue &amp; more1)&nbsp;Goldman Sachs(GS) — Goldman shares rose more than 1% in premarket trading after the company'sfirst-quarter resultshandily topped Wall Street's expectations. The bank earned $18.60 per share, compared to the $10.22 per share expected by analysts surveyed by Refinitiv. Revenue came in at $17.7 billion, which was ahead of the expected $12.6 billion.JPMorgan Chase(JPM) also beat top- and bottom-line estimates for thefirst quarter.2)&nbsp;Bed Bath &amp; Beyond(BBBY) — Shares of the retailer tumbled 7% in the premarket after the company said net sales during thefourth quarterfell about 16%. During the period the company earned an adjusted 40 cents per share on $2.62 billion in revenue. Analysts surveyed by Refinitiv were expecting 31 cents per share and revenue of $2.63 billion.3)&nbsp;JetBlue Airways(JBLU) — JetBlue stock rose 3% after JPMorgan upgraded the stock to “overweight” from “underweight.” The firm expects the airline to continue to focus on cost controls in the wake of the pandemic, and noted that the current valuation is attractive. JPMorgan also upgradedSpirit Airlines(SAVE) to “overweight” from “underweight,” while lifting its rating onSouthwest(LUV) to “neutral.”4)&nbsp;Moderna(MRNA) — Shares of Moderna jumped more than 3% in premarket action after the company said new data show its Covid vaccine is more than90% effective six months after the second shot. The data was based on more than 900 cases of the virus.5)&nbsp;Occidental(OXY) — Shares of the energy company gained more than 2% in the premarket after MKM Partners upgraded the stock to a “buy” rating. “OXY has depreciated over 20% since early March (vs. XOP down 15%-20%) and reflects approximately 30% equity value upside, thus meriting an upgrade from Neutral to Buy,” the firm said in a note to clients.6)&nbsp;Discovery(DISCA) — Class A shares of the media company slid more than 4% afterCNBC reported that Credit Suisse is still unloading its positionin the wake of Archegos Capital Management’s blowup. According to people familiar with the matter, the bank was selling 19 million shares of Discovery’s class A stock on Tuesday.7)&nbsp;Harley-Davidson(HOG) — Shares of the motorcycle company rose more than 2% in premarket trading after Bank of America initiated coverage on the stock with a “buy” rating. The firm said the company’s new strategy is “elevating an iconic global brand.”8)&nbsp;Snap(SNAP) — The social media company’s stock was up more than 2% after Wedbush assumed coverage of the stock with an “outperform” rating. The firm said in a note that Snap is “uniquely positioned” as a video-centric platform, and sees opportunities around the company’s augmented reality and social commerce divisions.Big&nbsp;News1、Bank earnings beat estimates, surge past last yearThe flood of earnings from the nation’s biggest banks began Wednesday morning, with Dow stocksJPMorgan ChaseandGoldman Sachs. JPMorgan and Goldmanhandily beat estimateswith first-quarter profit and revenue andblew past the resultsfrom their year-ago periods, which compare to the struggles from the early days of the Covid pandemic.2、Coinbase gets $250 per share reference price ahead of direct listingNasdaqgaveCoinbase Globala reference price of $250 per share ahead of Wednesday’splanned direct listing. That would value the cryptocurrency exchange at about $65 billion, nearly eight times its $8 billion valuation in its last private fundraising round in 2018.Bitcoinhas been surging in recent sessions, ahead of the Coinbase debut. Early Wednesday, bitcoin surged to new heights near $65,000. The world’s biggest crypto coin has more than doubled this year.These are some of the main moves in financial markets:CurrenciesThe Bloomberg Dollar Spot Index dipped 0.1%.The euro gained 0.2% to $1.1966.The British pound advanced 0.3% to $1.3786.The onshore yuan strengthened 0.2% to 6.53 per dollar.The Japanese yen strengthened 0.1% to 108.95 per dollar.BondsThe yield on 10-year Treasuries jumped two basis points to 1.64%.The yield on two-year Treasuries increased one basis point to 0.17%.Germany’s 10-year yield decreased less than one basis point to -0.29%.Britain’s 10-year yield gained one basis point to 0.789%.Japan’s 10-year yield decreased one basis point to 0.093%.CommoditiesWest Texas Intermediate crude increased 1.7% to $61.19 a barrel.Brent crude increased 1.7% to $64.73 a barrel.Gold was little changed at $1,745.39 an ounce.","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>Toplines Before US Market Open on Wednesday</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\">\nToplines Before US Market Open on Wednesday\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\">\nTiger Newspress \n2021-04-14 20:26\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul><li>Stocks set to rise after S&amp;P 500 closed at another record.</li><li>Bank earnings beat estimates, surge past last year.</li><li>Coinbase gets $250 per share reference price ahead of direct listing.</li><li>CDC to convene advisory panel on J&amp;J Covid vaccine.</li><li>Moderna issues data on its Covid vaccine six months out.</li></ul>(April 14)&nbsp;U.S. futures inched higher with stocks as traders turned their attention to earnings reports from companies including JPMorgan Chase &amp; Co. and Goldman Sachs Group Inc. Treasury yields rose.At 8:21 a.m. ET, Dow E-minis were up 22 points, or 0.07%, S&amp;P 500 E-minis were up 5.25 points, or 0.13% and Nasdaq 100 E-minis were up 48.75 points, or 0.35%.<img src=\"https://static.tigerbbs.com/2a3e6a5c68e99729b8292c78b183ac50\" tg-width=\"1242\" tg-height=\"495\" referrerpolicy=\"no-referrer\">Stocks making the biggest moves in the premarket: Goldman Sachs, Bed Bath &amp; Beyond, JetBlue &amp; more1)&nbsp;Goldman Sachs(GS) — Goldman shares rose more than 1% in premarket trading after the company'sfirst-quarter resultshandily topped Wall Street's expectations. The bank earned $18.60 per share, compared to the $10.22 per share expected by analysts surveyed by Refinitiv. Revenue came in at $17.7 billion, which was ahead of the expected $12.6 billion.JPMorgan Chase(JPM) also beat top- and bottom-line estimates for thefirst quarter.2)&nbsp;Bed Bath &amp; Beyond(BBBY) — Shares of the retailer tumbled 7% in the premarket after the company said net sales during thefourth quarterfell about 16%. During the period the company earned an adjusted 40 cents per share on $2.62 billion in revenue. Analysts surveyed by Refinitiv were expecting 31 cents per share and revenue of $2.63 billion.3)&nbsp;JetBlue Airways(JBLU) — JetBlue stock rose 3% after JPMorgan upgraded the stock to “overweight” from “underweight.” The firm expects the airline to continue to focus on cost controls in the wake of the pandemic, and noted that the current valuation is attractive. JPMorgan also upgradedSpirit Airlines(SAVE) to “overweight” from “underweight,” while lifting its rating onSouthwest(LUV) to “neutral.”4)&nbsp;Moderna(MRNA) — Shares of Moderna jumped more than 3% in premarket action after the company said new data show its Covid vaccine is more than90% effective six months after the second shot. The data was based on more than 900 cases of the virus.5)&nbsp;Occidental(OXY) — Shares of the energy company gained more than 2% in the premarket after MKM Partners upgraded the stock to a “buy” rating. “OXY has depreciated over 20% since early March (vs. XOP down 15%-20%) and reflects approximately 30% equity value upside, thus meriting an upgrade from Neutral to Buy,” the firm said in a note to clients.6)&nbsp;Discovery(DISCA) — Class A shares of the media company slid more than 4% afterCNBC reported that Credit Suisse is still unloading its positionin the wake of Archegos Capital Management’s blowup. According to people familiar with the matter, the bank was selling 19 million shares of Discovery’s class A stock on Tuesday.7)&nbsp;Harley-Davidson(HOG) — Shares of the motorcycle company rose more than 2% in premarket trading after Bank of America initiated coverage on the stock with a “buy” rating. The firm said the company’s new strategy is “elevating an iconic global brand.”8)&nbsp;Snap(SNAP) — The social media company’s stock was up more than 2% after Wedbush assumed coverage of the stock with an “outperform” rating. The firm said in a note that Snap is “uniquely positioned” as a video-centric platform, and sees opportunities around the company’s augmented reality and social commerce divisions.Big&nbsp;News1、Bank earnings beat estimates, surge past last yearThe flood of earnings from the nation’s biggest banks began Wednesday morning, with Dow stocksJPMorgan ChaseandGoldman Sachs. JPMorgan and Goldmanhandily beat estimateswith first-quarter profit and revenue andblew past the resultsfrom their year-ago periods, which compare to the struggles from the early days of the Covid pandemic.2、Coinbase gets $250 per share reference price ahead of direct listingNasdaqgaveCoinbase Globala reference price of $250 per share ahead of Wednesday’splanned direct listing. That would value the cryptocurrency exchange at about $65 billion, nearly eight times its $8 billion valuation in its last private fundraising round in 2018.Bitcoinhas been surging in recent sessions, ahead of the Coinbase debut. Early Wednesday, bitcoin surged to new heights near $65,000. The world’s biggest crypto coin has more than doubled this year.These are some of the main moves in financial markets:CurrenciesThe Bloomberg Dollar Spot Index dipped 0.1%.The euro gained 0.2% to $1.1966.The British pound advanced 0.3% to $1.3786.The onshore yuan strengthened 0.2% to 6.53 per dollar.The Japanese yen strengthened 0.1% to 108.95 per dollar.BondsThe yield on 10-year Treasuries jumped two basis points to 1.64%.The yield on two-year Treasuries increased one basis point to 0.17%.Germany’s 10-year yield decreased less than one basis point to -0.29%.Britain’s 10-year yield gained one basis point to 0.789%.Japan’s 10-year yield decreased one basis point to 0.093%.CommoditiesWest Texas Intermediate crude increased 1.7% to $61.19 a barrel.Brent crude increased 1.7% to $64.73 a barrel.Gold was little changed at $1,745.39 an ounce.\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102069142","content_text":"Stocks set to rise after S&P 500 closed at another record.Bank earnings beat estimates, surge past last year.Coinbase gets $250 per share reference price ahead of direct listing.CDC to convene advisory panel on J&J Covid vaccine.Moderna issues data on its Covid vaccine six months out.(April 14) U.S. futures inched higher with stocks as traders turned their attention to earnings reports from companies including JPMorgan Chase & Co. and Goldman Sachs Group Inc. Treasury yields rose.At 8:21 a.m. ET, Dow E-minis were up 22 points, or 0.07%, S&P 500 E-minis were up 5.25 points, or 0.13% and Nasdaq 100 E-minis were up 48.75 points, or 0.35%.Stocks making the biggest moves in the premarket: Goldman Sachs, Bed Bath & Beyond, JetBlue & more1) Goldman Sachs(GS) — Goldman shares rose more than 1% in premarket trading after the company'sfirst-quarter resultshandily topped Wall Street's expectations. The bank earned $18.60 per share, compared to the $10.22 per share expected by analysts surveyed by Refinitiv. Revenue came in at $17.7 billion, which was ahead of the expected $12.6 billion.JPMorgan Chase(JPM) also beat top- and bottom-line estimates for thefirst quarter.2) Bed Bath & Beyond(BBBY) — Shares of the retailer tumbled 7% in the premarket after the company said net sales during thefourth quarterfell about 16%. During the period the company earned an adjusted 40 cents per share on $2.62 billion in revenue. Analysts surveyed by Refinitiv were expecting 31 cents per share and revenue of $2.63 billion.3) JetBlue Airways(JBLU) — JetBlue stock rose 3% after JPMorgan upgraded the stock to “overweight” from “underweight.” The firm expects the airline to continue to focus on cost controls in the wake of the pandemic, and noted that the current valuation is attractive. JPMorgan also upgradedSpirit Airlines(SAVE) to “overweight” from “underweight,” while lifting its rating onSouthwest(LUV) to “neutral.”4) Moderna(MRNA) — Shares of Moderna jumped more than 3% in premarket action after the company said new data show its Covid vaccine is more than90% effective six months after the second shot. The data was based on more than 900 cases of the virus.5) Occidental(OXY) — Shares of the energy company gained more than 2% in the premarket after MKM Partners upgraded the stock to a “buy” rating. “OXY has depreciated over 20% since early March (vs. XOP down 15%-20%) and reflects approximately 30% equity value upside, thus meriting an upgrade from Neutral to Buy,” the firm said in a note to clients.6) Discovery(DISCA) — Class A shares of the media company slid more than 4% afterCNBC reported that Credit Suisse is still unloading its positionin the wake of Archegos Capital Management’s blowup. According to people familiar with the matter, the bank was selling 19 million shares of Discovery’s class A stock on Tuesday.7) Harley-Davidson(HOG) — Shares of the motorcycle company rose more than 2% in premarket trading after Bank of America initiated coverage on the stock with a “buy” rating. The firm said the company’s new strategy is “elevating an iconic global brand.”8) Snap(SNAP) — The social media company’s stock was up more than 2% after Wedbush assumed coverage of the stock with an “outperform” rating. The firm said in a note that Snap is “uniquely positioned” as a video-centric platform, and sees opportunities around the company’s augmented reality and social commerce divisions.Big News1、Bank earnings beat estimates, surge past last yearThe flood of earnings from the nation’s biggest banks began Wednesday morning, with Dow stocksJPMorgan ChaseandGoldman Sachs. JPMorgan and Goldmanhandily beat estimateswith first-quarter profit and revenue andblew past the resultsfrom their year-ago periods, which compare to the struggles from the early days of the Covid pandemic.2、Coinbase gets $250 per share reference price ahead of direct listingNasdaqgaveCoinbase Globala reference price of $250 per share ahead of Wednesday’splanned direct listing. That would value the cryptocurrency exchange at about $65 billion, nearly eight times its $8 billion valuation in its last private fundraising round in 2018.Bitcoinhas been surging in recent sessions, ahead of the Coinbase debut. Early Wednesday, bitcoin surged to new heights near $65,000. The world’s biggest crypto coin has more than doubled this year.These are some of the main moves in financial markets:CurrenciesThe Bloomberg Dollar Spot Index dipped 0.1%.The euro gained 0.2% to $1.1966.The British pound advanced 0.3% to $1.3786.The onshore yuan strengthened 0.2% to 6.53 per dollar.The Japanese yen strengthened 0.1% to 108.95 per dollar.BondsThe yield on 10-year Treasuries jumped two basis points to 1.64%.The yield on two-year Treasuries increased one basis point to 0.17%.Germany’s 10-year yield decreased less than one basis point to -0.29%.Britain’s 10-year yield gained one basis point to 0.789%.Japan’s 10-year yield decreased one basis point to 0.093%.CommoditiesWest Texas Intermediate crude increased 1.7% to $61.19 a barrel.Brent crude increased 1.7% to $64.73 a barrel.Gold was little changed at $1,745.39 an ounce.","news_type":1},"isVote":1,"tweetType":1,"viewCount":487,"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":14,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}

Toplines Before US Market Open on Wednesday

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