U.S. STOCKS ON THE MOVE-Airlines, crypto stocks, Dick's Sporting Goods

Faraday Future Intelligent Electric

29/05/2024 14:18

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Wall Street was on track to open lower on Wednesday, as concerns around the
timing and scale of the Federal Reserve's interest rate cuts pushed Treasury
yields higher and pressured megacap stocks.  .N 
    
    At 9:07 ET, Dow e-minis  1YMc1  were down 0.68% at 38,681. S&P 500 e-minis
 ESc1  were down 0.77% at 5,283.5, while Nasdaq 100 e-minis  NQc1  were down
0.91% at 18,768.5.
 
 The top three NYSE percentage gainers premarket  .PRPG.NQ :
 ** Ooma Inc  OOMA.N , up 15.2%
 ** D-Wave Quantum Inc  QBTS.N , up 15.0%
 ** Chewy Inc  CHWY.N , up 12.9%
 
 The top three NYSE percentage losers premarket  .PRPL.NQ :
 ** Biohaven Ltd  BHVN.N , down 26.5%
 ** NuScale Power Corporation  SMR.N , down 7.1%
 ** Assured Guaranty  AGO.N , down 6.9%
 
 The top two Nasdaq percentage gainers premarket  .PRPG.O :
 ** ReShape Lifesciences  RSLS.O , up 124.0%
 ** Globavend Holdings Ltd  GVH.O , up 64.2%
 
 The top three Nasdaq percentage losers premarket  .PRPL.O :
 ** Cue Health Inc  HLTH.O , down 38.6%
 ** AERWINS Technologies  AWIN.O , down 37%
 ** Sharps Technology Inc  STSS.O , down 33.8%
 
 
 ** Marathon Oil Corp  MRO.N : up 11.0% premarket
 BUZZ - Gains after ConocoPhillips' $22.5 bln deal to buy firm  urn:newsml:reuters.com:*:nL4N3HW2JJ 

 ** Robinhood Markets Inc  HOOD.O : up 1.1% premarket
 BUZZ - Rises after launching first stock buyback plan  urn:newsml:reuters.com:*:nL4N3HW1YE 
    
 ** American Airlines Group Inc  AAL.O : down 9.2% premarket
 BUZZ - Jefferies downgrades American Airlines to 'Hold'; shares extend losses
 urn:newsml:reuters.com:*:nL4N3HW264 
    
 ** Semler Scientific Inc  SMLR.O : up 6.9% premarket
 BUZZ - Set to extend gains after adopting bitcoin as reserve asset  urn:newsml:reuters.com:*:nL4N3HW27J
    
 ** Faraday Future Intelligent Electric Inc  FFIE.O : down 27.8% premarket
 BUZZ - Slumps on withdrawal of 2024 production forecast  urn:newsml:reuters.com:*:nL4N3HW29X 
    
 ** Dick's Sporting Goods Inc  DKS.N : up 7.7% premarket
 BUZZ - Up after annual forecasts lift  urn:newsml:reuters.com:*:nL4N3HW2N9 
    
 ** Chewy Inc  CHWY.N : up 12.9% premarket
 BUZZ - Rises on Q1 rev beat, stock buyback plan  urn:newsml:reuters.com:*:nL4N3HW2O4 
    
 ** Bank OZK  OZK.O : down 10.0% premarket
 BUZZ - Slides after Citigroup turns bearish, downgrades to sel  urn:newsml:reuters.com:*:nL4N3HW2O0 
    
 ** Tellurian Inc  TELL.N : up 10.1% premarket
 BUZZ - Rises on deal to sell upstream assets to Aethon Energy for $260 mln
 urn:newsml:reuters.com:*:nL4N3HW2NC 
    
 ** CCC Intelligent Solutions Holdings Inc  CCCS.O : down 3.4% premarket
 BUZZ - Falls as Advent, Oak Hill cut stakes  urn:newsml:reuters.com:*:nL1N3HW0VF 
    
 ** Lotus Technology Inc  LOT.O : up 5.0% premarket
 BUZZ - Rises on first-quarter revenue jump  urn:newsml:reuters.com:*:nL4N3HW2OT 
    
 ** Abercrombie & Fitch Co  ANF.N : up 5.5% premarket
 BUZZ - Gains after raising FY net sales growth forecast  urn:newsml:reuters.com:*:nL4N3HW2RS 
    
 ** Surmodics Inc  SRDX.O : up 20.5% premarket
 BUZZ - Jumps on buyout deal  urn:newsml:reuters.com:*:nL4N3HW2QW 
    
 ** CubeSmart  CUBE.N : down 1.3% premarket
 BUZZ - BMO downgrades storage REIT CubeSmart to 'market perform', cuts PT
 urn:newsml:reuters.com:*:nL4N3HW2U6 
    
 ** Core Scientific Inc  CORZ.O : up 3.2% premarket
 BUZZ - Rises after BTIG upgrades to 'buy'  urn:newsml:reuters.com:*:nL4N3HW2NG 
    
 ** Box Inc  BOX.N : down 0.6% premarket
 BUZZ - Edges lower after brokerages cut PT  urn:newsml:reuters.com:*:nL4N3HW2WU 
    
 ** Viking Holdings Ltd  VIK.N : down 2.8% premarket
 BUZZ - Drops after posting wider Q1 loss  urn:newsml:reuters.com:*:nL4N3HW2XD 
    
 ** Coinbase Global Inc  COIN.O : down 2.2% premarket 
 ** Riot Platforms Inc  RIOT.O : down 0.6% premarket
 ** Marathon Digital Holdings Inc  MARA.O : down 1.6% premarket
 ** Hut 8 Mining Corp  HUT.O : down 1.5% premarket
 BUZZ - Crypto stocks fall as bitcoin declines  urn:newsml:reuters.com:*:nL4N3HW2Z5
     
** Delta Air Lines Inc  DAL.N : down 2.9% premarket
** United Airlines Holdings Inc  UAL.O : down 2.6% premarket
** JetBlue Airways Corp  JBLU.O : down 3.7% premarket
 BUZZ - Citi sees US network airlines P/Es below pre-pandemic levels despite
gaining profit share  urn:newsml:reuters.com:*:nL4N3HW2ZG 
    
 ** Biohaven Ltd  BHVN.N : down 26.5% premarket
 BUZZ - Slumps as protein-degrader drug data falls short of investor
expectations  urn:newsml:reuters.com:*:nL4N3HW2YV 

 (Compiled by Rajarshi Roy and Puyaan Singh in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com))