Friday, July 11, 2025
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

(11/3) Thursday’s Pre-Market Stock Movers & News : stocks

by /u/bigbear0083
November 3, 2022
in Stock Market
Reading Time: 7 mins read
A A
0
Home Stock Market
Share on FacebookShare on Twitter


Good morning traders and investors of the r/stocks sub! Welcome to Thursday! Here are your pre-market stock movers & news on this Thursday, November the 3rd, 2022-


Stock futures fell Thursday after the Federal Reserve delivered another interest rate hike and signaled that no pivot or rate cut is coming anytime soon.


Futures tied to the Dow Jones Industrial Average traded 164 points lower, or 0.51%. S&P 500 futures and Nasdaq 100 futures dipped 0.7% and 0.9%, respectively.


A spike in yields put pressure on futures. The benchmark 10-year Treasury yield popped 14 basis points to 4.199%. The 2-year rate traded 16 basis points higher at 4.73%.


Traders had anticipated the central bank’s 0.75 percentage point rate increase and initially read the Fed’s statement as dovish, sending stocks higher on Wednesday after the decision was delivered. Those gains then reversed when Fed Chair Jerome Powell said it was “premature” to talk about a rate hike pause and that the terminal rate would likely be higher than previously stated.


“We still have some ways to go and incoming data since our last meeting suggests that the ultimate level of interest rates will be higher than previously expected,” he said.


The Dow Jones Industrial Average ended Wednesday’s trading session 505 points lower, or 1.6%. The S&P 500 dropped 2.5%, and the Nasdaq Composite was off by 3.4%.


Markets will likely continue to seesaw until it is clear inflation has cooled off and that the Fed has stopped marching rates higher, with traders split over where interest rates are headed. Any data that shows the U.S. economy isn’t slowing as the central bank tightens policy will likely weigh on stocks.


“In our view, the risk-reward for markets over the next three to six months is unfavorable, and today’s Fed statement supports that view,” wrote Mark Haefele, UBS’ chief investment officer in a note to clients Wednesday.


Meanwhile, the Bank of England implemented a 75 basis point hike on Thursday, its largest increase in 33 years, as it battles high inflation.


Investor attention Thursday also turned to October nonfarm payrolls, set to be released Friday. A good jobs number and a low unemployment rate, while good for the economy, could signal more work ahead for the Fed.


“You get a good jobs number, in other words a good unemployment rate that doesn’t go higher, then the market is in a lot of trouble,” said Guy Adami, director of advisor advocacy at Private Advisor Group, said on CNBC’s “Fast Money.”


Corporate earnings season continued, with Qualcomm, Roku and Fortinet all falling sharply in the premarket on disappointing quarterly results and forward guidance. Peloton’s stock tumbled after reporting a wider-than-expected loss, while Moderna sank on a lowered Covid vaccine sales outlook.


STOCK FUTURES CURRENTLY:


YESTERDAY’S MARKET MAP:


TODAY’S MARKET MAP:


YESTERDAY’S S&P SECTORS:


TODAY’S S&P SECTORS:


TODAY’S ECONOMIC CALENDAR:


THIS WEEK’S ECONOMIC CALENDAR:


THIS WEEK’S UPCOMING IPO’S:


THIS WEEK’S EARNINGS CALENDAR:


THIS MORNING’S PRE-MARKET EARNINGS CALENDAR:


EARNINGS RELEASES BEFORE THE OPEN TODAY:


EARNINGS RELEASES AFTER THE CLOSE TODAY:


YESTERDAY’S ANALYST UPGRADES/DOWNGRADES:


YESTERDAY’S INSIDER TRADING FILINGS:


TODAY’S DIVIDEND CALENDAR:


THIS MORNING’S STOCK NEWS MOVERS:


Restaurant Brands (QSR) – The parent of Burger King, Tim Hortons and Popeyes saw its stock rally 4% in premarket trading after the company reported better-than-expected quarterly results. Same-restaurant sales jumped 14%, well above the 8.3% rise predicted by analysts who were surveyed by FactSet.

STOCK SYMBOL: QSR


Under Armour (UAA) – Under Armour jumped 4.2% in premarket action after the apparel maker reported better-than-expected earnings for its latest quarter, along with revenue that was roughly in line with Street forecasts. The rise comes despite Under Armour cutting its full-year forecast for the impact from a stronger U.S. dollar and higher costs.

STOCK SYMBOL: UAA


Peloton (PTON) – The fitness equipment maker’s stock tumbled 18.1% in premarket trading after it reported a larger-than-expected quarterly loss and revenue that fell short of analyst predictions. Peloton also issued a weaker-than-expected holiday quarter forecast.

STOCK SYMBOL: PTON


Moderna (MRNA) – The drug maker’s stock slumped 11.9% in premarket action after Moderna reported a quarterly profit of $2.53 per share, well below the consensus estimate of $3.29. The company also cut its annual forecast for Covid-19 vaccine sales.

STOCK SYMBOL: MRNA


Qualcomm (QCOM) – Qualcomm slumped 8.3% in the premarket after it gave a worse-than-expected revenue outlook as smartphone shipments slid. The chip maker also reported quarterly revenue and profit that were in line with Wall Street forecasts.

STOCK SYMBOL: QCOM


Roku (ROKU) – Roku shares tumbled 18.5% in off-hours trading after the maker of video streaming devices said it expected advertising revenue and device sales to fall in the current quarter. The forecast is weighing on shares despite Roku reporting better-than-expected revenue and a larger-than-expected number of active accounts.

STOCK SYMBOL: ROKU


Robinhood Markets (HOOD) – Robinhood rose 2.9% in premarket trading after the online brokerage reported a smaller-than-expected quarterly loss and revenue that topped analyst forecasts. Robinhood also lowered its operating expense forecast for the full year.

STOCK SYMBOL: HOOD


Booking Holdings (BKNG) – Booking Holdings rose by 5.1% in the premarket after the travel services company posted top and bottom line beats for its latest quarter. It also posted an upbeat outlook as travel demand remains strong.

STOCK SYMBOL: BKNG


Crown Holdings (CCK) – Investor Carl Icahn now holds a more than 8% stake in the beverage can maker, according to the Wall Street Journal, and is said to believe the company should buy back more stock and put non-core units up for sale. Crown Holdings rallied 5.5% in the premarket.

STOCK SYMBOL: CCK


eBay (EBAY) – eBay surged 6.7% in premarket trading after the e-commerce company reported better-than-expected results for its latest quarter, boosted by sales of refurbished goods and luxury offerings.

STOCK SYMBOL: EBAY


Etsy (ETSY) – Etsy stock spiked 9.3% in the premarket after the online crafts marketplace reported a better-than-expected quarter, saying its business remained strong in a volatile economic environment.

STOCK SYMBOL: ETSY


FULL DISCLOSURE:

/u/bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk.

DISCUSS!

What’s on everyone’s radar for today’s trading day ahead here at r/stocks?


I hope you all have an excellent trading day ahead today on this Thursday, November 3rd, 2022! 🙂



Source link

Tags: MoversNewsPremarketStockstocksThursdays
Previous Post

KVX.com Launches Crypto Trading Services in the EU | by The Capital | The Capital | Nov, 2022

Next Post

Who Would You Rather Bet On? – Investment Watch

Related Posts

Nu Holdings: The Fintech Stock With Strong Long-Term Growth Potential (NYSE:NU)

Nu Holdings: The Fintech Stock With Strong Long-Term Growth Potential (NYSE:NU)

by Analysis Fundamental
July 9, 2025
0

This text was written byComply withI'm an skilled Threat Administration Enterprise Analyst at a Systemic Greek Financial institution, with a...

Antofagasta: Robust Prospects For Long-Term Dividend Investors (ANFGF)

Antofagasta: Robust Prospects For Long-Term Dividend Investors (ANFGF)

by Alberto Abaterusso
July 9, 2025
0

This text was written byObserveAlberto holds a Grasp's diploma in Enterprise Economics. Throughout his educational profession he acquired an in...

Oklo: The Most Exciting Zero-Revenue Stock (NYSE:OKLO)

Oklo: The Most Exciting Zero-Revenue Stock (NYSE:OKLO)

by Michael Wiggins De Oliveira
July 8, 2025
0

This text was written byObserveMichael Wiggins De Oliveira is an inflection investor. This implies shopping for into low cost corporations...

B-Stock’s Summer Teammate Spotlight 2025: Meet Mia Paulding

B-Stock’s Summer Teammate Spotlight 2025: Meet Mia Paulding

by Andrea Vargas
July 8, 2025
0

B-Inventory is so excited to welcome Mia Paulding to the Purchaser Account Administration staff this summer time! As a summer...

B-Stock’s Summer Teammate Spotlight 2025: Meet Alyssa Shum

B-Stock’s Summer Teammate Spotlight 2025: Meet Alyssa Shum

by Andrea Vargas
July 8, 2025
0

B-Inventory is so excited to welcome Alyssa Shum to the Product Design group this summer time! As a summer time...

Dell Stock Is Fairly Valued With CSG Struggles (NYSE:DELL)

Dell Stock Is Fairly Valued With CSG Struggles (NYSE:DELL)

by Jia Ming Eow
July 7, 2025
0

This text was written byObserve19 12 months previous passionate dealer managing a 6 determine portfolio attempting to and beating the...

Next Post
Who Would You Rather Bet On? – Investment Watch

Who Would You Rather Bet On? – Investment Watch

Cheniere’s adjusted profit, revenue more than double on soaring LNG demand By Reuters

Cheniere's adjusted profit, revenue more than double on soaring LNG demand By Reuters

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Corn Sticking Close to Unchanged at Midday

Corn Sticking Close to Unchanged at Midday

July 11, 2025
Apple iPhone 16e, Samsung Galaxy S24 Ultra, OnePlus Nord 5

Apple iPhone 16e, Samsung Galaxy S24 Ultra, OnePlus Nord 5

July 11, 2025
Bangladeshi rap, memes helped oust Hasina — now they’re reshaping politics | Protests

Bangladeshi rap, memes helped oust Hasina — now they’re reshaping politics | Protests

July 11, 2025
Google’s Veo 3 in Gemini Upgraded With Image to Video Generation Capability

Google’s Veo 3 in Gemini Upgraded With Image to Video Generation Capability

July 11, 2025
Remixpoint CEO to Receive Entire Salary in Bitcoin

Remixpoint CEO to Receive Entire Salary in Bitcoin

July 11, 2025
OpenAI Faces IRS Complaint Over Alleged Tax Violations

OpenAI Faces IRS Complaint Over Alleged Tax Violations

July 11, 2025
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

Corn Sticking Close to Unchanged at Midday

Apple iPhone 16e, Samsung Galaxy S24 Ultra, OnePlus Nord 5

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In