Welcome Stockaholics!

We are a new and fast growing financial forum! Sign up for free and let's talk stocks!

  1. Do you want to help develop this community? We are looking for contributions from investors and traders like you! What stocks do you follow? What is hot right now? Sign up and get in on the ground floor of the newest, fastest growing financial forum!
    Dismiss Notice
  2. You will notice a live chat widget on the right. Click in to join us and lets hear about how you nailed that last UWTI trade!
    Dismiss Notice

Today's Pre-Market News [Friday, February 14th, 2020]

Discussion in 'Pre-Market Movers & News' started by bigbear0083, Feb 14, 2020.

  1. bigbear0083

    bigbear0083 Content Manager
    Staff Member

    Joined:
    Mar 29, 2016
    Messages:
    20,402
    Likes Received:
    7,202
    Today's Pre-Market Movers & News [Friday, February 14th, 2020]

    Good Day Stockaholics! Happy Friday! ;)

    [​IMG]

    Today's Top Headlines for Friday, February 14th, 2020
    • U.S. stock futures point to a higher open this morning, after a late Thursday slide that sent the major averages to a lower close. The S&P 500 and Nasdaq had set intraday record highs earlier in the day, but Wall Street’s ever-changing level of concern over the coronavirus swung to the negative side in afternoon trading. The Dow, S&P 500 and Nasdaq remain on track for a second straight positive week and continue to be on pace for their best monthly gains since last June. (CNBC)
    • Doubts emerge about Trump Fed nominee Judy Shelton after tough questioning (CNBC)
    • On today’s economic calendar, the government releases January retail sales at 8:30 a.m. ET. January industrial production figures are out at 9:15 a.m. ET. At 10 a.m. ET, the University of Michigan is out with its mid-February Consumer Sentiment Index, along with December business inventories. (CNBC)
    • Earnings reports out this morning include the latest numbers from cannabis producer Canopy Growth (CGC) and consumer products maker Newell Brands (NWL). No reports of note are out after today’s closing bell.
    • The U.S. does “not have high confidence in the information coming out of China” regarding the count of coronavirus cases. A senior official also noted that China “continues to rebuff American offers of assistance.” China’s National Health Commission said 1,716 health workers in the country had been infected with the coronavirus and six of them have died. (CNBC)
    • China writes off 108 deaths in Hubei, citing double-counting error in province (CNBC)
    • Tesla acknowledges ‘health epidemics’ as new risk in financial filing amid coronavirus outbreak (CNBC)
    • China today reported another 5,090 people infected with the new virus, as the death toll neared 1,400. The number of reported cases has been rising more quickly after the hardest-hit province changed its method of counting them Thursday. There are now 63,851 confirmed cases in mainland China, of which 1,380 have died. (AP)
    • More than 500 global leaders are gathering in Munich over the weekend to discuss everything from the development of 5G networks to nuclear weapons to the recent coronavirus outbreak. This year’s attendees include French President Emmanuel Macron, Facebook CEO Mark Zuckerberg, Secretary of State Mike Pompeo, NATO Secretary General Jens Stoltenberg, Chinese Foreign Minister Wang Yi, Director-General of the World Health Organization Tedros Adhanom Ghebreyesus and Iranian Foreign Minister Mohammad Javad Zarif. (CNBC)
    • Democratic presidential candidate Elizabeth Warren says she’s raised about $6 million from online donors since last week’s first-in-the-nation caucuses, fueled by people who want to see her stay in the 2020 race despite underwhelming performances in Iowa and New Hampshire. “Right now, it’s wide open,” she said of the primary. (AP)
    • How Mike Bloomberg’s meme blitz was engineered to go viral (CNBC)
    • Former White House communications director Hope Hicks, a favorite former aide of President Donald Trump’s, is rejoining the administration to work for the president’s senior advisor and son-in-law, Jared Kushner. Hicks was hired as the chief communications officer at Fox after she left the White House in April 2018. (CNBC)
    • The Senate passed legislation to limit Trump’s ability to wage war against Iran, rebuking him weeks after a strike against an Iranian military commander and Tehran’s retaliation raised fears of broader regional conflict. The measure would require Trump to remove U.S. troops engaged in hostilities against Iran unless Congress declares war or passes a specific authorization. (Reuters)
    • Attorney General William Barr says Trump’s tweets ’make it impossible for me to do my job’ (CNBC)
    • The Justice Department has added new criminal charges against Chinese tech giant Huawei and several subsidiaries, accusing the company of a brazen scheme to steal trade secrets from competitors in America. Huawei said the charges were without merit and were part of an attempt to “irrevocably damage Huawei’s reputation and its business.” (AP & CNBC)

    [​IMG]

    STOCK FUTURES CURRENTLY:
    [​IMG]

    YESTERDAY'S MARKET MAP:
    [​IMG]

    YESTERDAY'S S&P SECTORS:
    [​IMG]

    TODAY'S ECONOMIC CALENDAR:
    [​IMG]

    NEXT WEEK'S ECONOMIC CALENDAR:

    [​IMG]

    MOST ACTIVE TRENDING TICKERS (STOCK SYMBOLS ARE CLICKABLE!):


    NEXT WEEK'S EARNINGS CALENDAR:
    [​IMG]

    NEXT WEEK'S UPCOMING IPO'S:
    [​IMG]

    THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:
    ($CGC $YNDX $ENB $IMGN $AZN $NWL $TEX $ABR $POR $BLX $PPL $AXL $ESNT $SXT $MGP $TRTN $ACST $RBS)
    [​IMG]

    BEFORE TODAY'S MARKET OPEN EARNINGS RELEASES:
    [​IMG]

    YESTERDAY'S ANALYST UPGRADES/DOWNGRADES:
    [​IMG]
    [​IMG]

    YESTERDAY'S INSIDER TRADING FILINGS:
    N/A.

    TODAY'S DIVIDEND CALENDAR:
    [​IMG]
    [​IMG]

    THIS MORNING'S PRE-MARKET STOCK NEWS MOVERS:

    source: cnbc.com

    [​IMG]
    • Newell Brands (NWL) – The consumer products company reported quarterly earnings of 42 cents per share, 3 cents a share above estimates. Revenue also beat forecasts, however its full-year guidance was largely below estimates and it predicts core sales flat to down 2% for 2020.
    [​IMG]

    [​IMG]

    [​IMG]
    • Canopy Growth (CGC) – The Canadian cannabis producer lost 35 cents (Canadian) per share for its latest quarter, less than the 50 cents a share loss that analysts were expecting. Revenue exceeded analysts’ forecasts. Canopy Growth said it saw strong demand in the recreational market as well as increasing market share in the medical market. Its results are also boosting the shares of competitors like Aurora Cannabis (ACB) and Tilray (TLRY).
    [​IMG]

    [​IMG]

    [​IMG]
    • Tesla (TSLA) – The automaker’s newly announced secondary stock offering of 2.65 million shares was priced at $767 per share, according to a Securities and Exchange Commission filing.
    [​IMG]

    [​IMG]

    [​IMG]
    • Mattel (MAT) – Mattel reported quarterly earnings of 11 cents per share, well above the penny a share consensus estimate. The toy maker’s revenue came in just below Wall Street forecasts. Mattel benefited from the impact of a cost-cutting program, even though holiday sales were pressured by strong competition from rival Hasbro (HAS).
    [​IMG]

    [​IMG]

    [​IMG]
    • Expedia (EXPE) – Expedia came in 5 cents a share above estimates, with quarterly earnings of $1.24 per share. The travel website operator’s revenue was essentially in line with forecasts. Expedia is not providing a full-year outlook, due to uncertainties over how the coronavirus outbreak will affect its results.
    [​IMG]

    [​IMG]

    [​IMG]
    • Roku (ROKU) – Roku lost 13 cents per share for its latest quarter, a penny a share less than expected. Its sales exceeded analysts’ forecasts. The streaming video device maker also gave a full-year revenue forecast largely above current consensus as it benefits from the introduction of new streaming services.
    [​IMG]

    [​IMG]

    [​IMG]
    [​IMG]

    [​IMG]

    [​IMG]
    • Nvidia (NVDA) – Nvidia beat estimates by 22 cents a share, with quarterly profit of $1.89 per share. The graphics chip maker’s revenue also beat forecasts and the company gave an upbeat current-quarter forecast, as it continues to see strong demand from cloud computing companies.
    [​IMG]

    [​IMG]

    [​IMG]
    • Yelp (YELP) – Yelp missed estimates by 2 cents a share, with quarterly profit of 24 cents per share. The consumer review website operator also reported revenue that fell short of analysts’ forecasts. Yelp’s bottom line was impacted by increased spending on marketing. Yelp also added $250 million to its share buyback program and named David Schwarzbach as its new chief financial officer.
    [​IMG]

    [​IMG]

    [​IMG]
    • EBay (EBAY) – EBay expanded its planned 2020 stock buyback program to $4.5 billion from the prior $1.5 billion. The e-commerce platform also forecast better than expected current-quarter profit.
    [​IMG]

    [​IMG]

    [​IMG]
    • Royal Caribbean (RCL) – Royal Caribbean canceled 18 cruises in Southeast Asia and warned that the coronavirus outbreak would impact its full-year results. The cruise line operator said the newly announced cancellations would cut full-year earnings per share by 65 cents, and that if all Asian sailings are canceled through the end of April, earnings would be reduced by another 55 cents per share. Royal Caribbean had previously forecast adjusted 2020 earnings of $10.40 to $10.70 per share.
    [​IMG]

    [​IMG]

    [​IMG]
    • GoDaddy (GDDY) – GoDaddy reported quarterly earnings of 34 cents per share, 3 cents a share above estimates. The website hosting company’s revenue also came in above analysts’ expectations, boosted by an increase in revenue per user.
    [​IMG]

    [​IMG]

    Have a happy trading day to everyone in here on this Friday! ;)
     
    Three Eyes likes this.
  2. Luce Derek

    Luce Derek New Member

    Joined:
    Feb 14, 2020
    Messages:
    3
    Likes Received:
    1
    Hi, new here. Just signed up. Wanted to know if there was a way to have the Pre-Market Thread emailed to me whenever a new thread is posted in there (basically the news sent to my inbox daily in the morning).

    If not, it's cool. Thanks!
     
  3. bigbear0083

    bigbear0083 Content Manager
    Staff Member

    Joined:
    Mar 29, 2016
    Messages:
    20,402
    Likes Received:
    7,202

Share This Page