
MCD, UBER, ABNB, LYFT & More Earnings
PUBLISHED | 2 min read
U.S. stock futures are slightly higher ahead of the Wall Street open as markets attempt to rebound from Tuesday’s weakness.
A downbeat ISM Services number pressured stocks yesterday and potential tariffs on semiconductors and pharmaceuticals weighed on markets.
AMD shares are under pressure this morning on an EPS miss. Investor focus today will be on more earnings with results due from McDonald’s (MCD), Uber (UBER), and Disney (DIS) this morning.
Snapshot (as of 7 AM ET)
- Oil (/CL) – Oil prices are up 1.5% near $66.20 a barrel, rebounding from a four-session losing streak, on concerns of supply disruptions after U.S. President Donald Trump’s threats of tariffs on India over its Russian crude purchases.
- Gold (/GC) – Gold prices are down 0.5% near $3415 on a firmer dollar, while investors held back from making big bets ahead of U.S. President Donald Trump’s decision on Federal Reserve appointments.
- Bitcoin (/BTC) – The Crypto Future is up 0.5% near $114,800 in the premarket.
- VIX – The CBOE Volatility Index was up 1.9% on Tuesday and settled at 17.85 as stocks were lower.
- U.S. Dollar (/DX) – The dollar is down 0.2% to 98.3.
Biggest Premarket Movers (Mark % Change as of 7 AM ET)
- Arista Networks (ANET): +11.94%
- Match Group (MTCH): +6.73%
- Trimble (TRMB): +5.20%
- Super Micro Computer (SMCI): -16.61%
- Emerson Electric (EMR): -6.88%
- AMD (AMD): -5.64%
Economic Data
- 7:00AM ET: MBA Mortgage Applications
- 10:30AM ET: Oil Inventories
- 1:00PM ET: 10-Year Note Auction
- 2:00PM ET: Fed’s Cook Speaks, Fed’s Collins Speaks
- 3:10PM ET: Fed’s Daly Speaks
Notable Earnings
- Premarket: ADNT, ACB, BLMN, CPRI, CG, CDW, DK, DIN, EMR, GPN, HMC, IRM, JLL, MCD, NYT, NVAX, NVO, DNOW, OC, PSN, PLNT, ROK, SHOP, SUN, TBLA, UBER, U, DIS, WIX, WWW
- Postmarket: ABNB, DOX, AIG, APA, APP, BMBL, CF, CTVA, DASH, DKNG, BROS, ELF, EXAS, FTNT, GDRX, HUBS, JACK, JOBY, LYFT, MCK, MET, OXY, PAYC, SDRL, SONO, SRPT, RUN, TKO, UPWK, SPCE, ZG
- Premarket Tomorrow: GOLF, ATUS, BDX, COMM, COP, CEG, CROX, QBTS, DDOG, LLY, HBI, HTZ, H, KVUE, KTB, DNUT, MLM, PZZA, PH, PTON, PENN, RL, QSR, SEDG, SPB, TM, TRIP, VST, WRBY, WMG, YETI, ZBH
- Postmarket Tomorrow: AKAM, ARRY, TEAM, XYZ, CARG, DBX, EXPE, FLUT, GILD, GDDY, CART, LZ, LYV, MCHP, PARA, PINS, POST, RXT, REAL, SOUN, SG, TTWO, TTD, TWLO, WYNN, YELP
Upgrades/Downgrades
- JPMorgan upgrades CarMax (KMX) to Neutral from Underweight
- DZ Bank upgrades BP (BP) to Buy from Hold
- Wells Fargo upgrades Incyte (INCY) to Overweight from Equal Weight
- Citizens JMP downgrades Snap (SNAP) to Market Perform from Outperform
- Craig-Hallum downgrades Vivid Seats (SEAT) to Hold from Buy
- UBS downgrades Gartner (IT) to Neutral from Buy