U.S. stock futures and Treasury yields wavered, as investors awaited manufacturing data and earnings from big-name companies. Here’s what we’re following:
are due to report earnings.
added 1.5% premarket. The energy giant said it earned $23 billion in 2021 and had started $10 billion in share buybacks.
surged 15% before the bell. The company, which became a darling of individual traders and investors in the day-trading craze that struck a year ago, said it expects revenue of about $1.172 billion in the fourth quarter.
said it would roughly halve its dividend payout and divest its WarnerMedia division through a spinoff that will give shareholders 0.24 shares for each AT&T share they own. Shares fell 5.6% before the bell.
added 0.6%. The firm is recalling almost 54,000 cars in the U.S. because of a feature of the company’s Full Self-Driving software that could let cars roll through stop signs at intersections without coming to a complete stop.
rose 7.6% ahead of the bell. The company topped analyst estimates for quarterly profit and revenue, and raised its dividend. Shares of fellow transportation firm
slipped 0.4% after the chemicals company reported earnings and raised its 2022 guidance.
rose 3.1% premarket. The Food and Drug Administration on Monday gave its full approval to the company’s Covid-19 vaccine, branded Spikevax, for use in adults 18 and older.
U.S.-listed shares rose 1% premarket after the company’s videogame unit said it is buying videogame developer Bungie, the studio that created the Halo and Destiny franchises. The deal is valued at $3.6 billion.
one of the best-performing stocks in 2021 and a laggard so far in 2022, rose 3.1% in brisk premarket trading. Earnings are due from fellow chip company
—which added 2.8%—after markets close.
Chart of the Day
- Yields on longer-term U.S. government bonds have shown signs of stabilizing in recent days, easing the pressure generated on stocks by their rapid early-year climb.
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