U.S. STOCKS ON THE MOVE-Skechers, Spotify, Twitter

MagnaChip Semiconductor

26/10/2022 12:54

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Futures tied to the tech-heavy Nasdaq index fell more than 1% on Wednesday as
disappointing results and warnings from Microsoft and Alphabet sparked losses
among megacap companies and raised fears of slowing economic growth.  .N 
    At 7:33 a.m. ET, Dow e-minis  1YMc1  were up 0.06% at 31,896. S&P 500
e-minis  ESc1  were down 0.53% at 3,849.75, while Nasdaq 100 e-minis  NQc1  were
down 1.53% at 11,534.25.
 
 The top three NYSE percentage gainers premarket  .PRPG.NQ :
 ** Finance of America Companies Inc  FOA.N , up 34.0%
 ** ARC Document Solutions Inc  ARC.N , up 18.8%
 ** OneConnect Financial Technology Co Ltd  OCFT.K , up 17.8%
 
 The top three NYSE percentage losers premarket  .PRPL.NQ :
 ** Skechers Usa Inc   SKX.N , down 13.7%
 ** MagnaChip Semiconductor Corp  MX.N , down 13.3%
 ** Rush Street Interactive Inc  RSI.N , down 12.2%
 
 The top two Nasdaq percentage gainers premarket  .PRPG.O :
 ** Schmitt Industries Inc  SMIT.O , up 46%
 ** Indaptus Therapeutics Inc  INDP.O , up 44.3%
 
 The top two Nasdaq percentage losers premarket  .PRPL.O :
 ** Thermogenesis Holdings Inc  THMO.O , down 46.7%
 ** Reto Eco-Solutions Inc  RETO.O , down 26.7%
 
 
 
 ** Microsoft Corp  MSFT.O : down 6.5% premarket
 BUZZ - Falls as forecast disappoints investors  urn:newsml:reuters.com:*:nL4N31R112 
 ** Alphabet Inc  GOOGL.O : down 5.7% premarket
 BUZZ - Drops as ad spending pullback hurts Q3 revenue  urn:newsml:reuters.com:*:nL4N31R12G 
 ** Spotify Technology SA  SPOT.N : down 6.1% premarket
 BUZZ - Down as ad spending slump weighs on margins  urn:newsml:reuters.com:*:nL4N31R20G 
 ** Visa Inc   V.N : up 2.1% premarket
 BUZZ - Climbs as healthy spending powers profit beat  urn:newsml:reuters.com:*:nL4N31R23L 
 ** Texas Instruments Inc  TXN.O : down 5.4% premarket
 BUZZ - Slips as forecast disappoints  urn:newsml:reuters.com:*:nL4N31R28B 
 ** Twitter Inc  TWTR.N : up 0.6% premarket
 BUZZ - Shares close in on Musk's offer price after months of hiccups
 urn:newsml:reuters.com:*:nL4N31R28P 
** Qualcomm Inc  QCOM.O : down 0.8% premarket
** Intel Corp  INTC.O : down 0.5% premarket
** Nvidia Corp  NVDA.O : down 2.0% premarket
** Advanced Micro Devices Inc  AMD.O : down 1.5% premarket
 BUZZ - Chip stocks fall after downbeat results from Microsoft, Alphabet
 urn:newsml:reuters.com:*:nL4N31R2AN 
** Amazon.com Inc  AMZN.O : down 3.2% premarket 
** Apple Inc  AAPL.O : down 0.5% premarket 
** Meta Platforms Inc  META.O : down 3.9% premarket 
** Tesla Inc  TSLA.O : down 0.9% premarket 
 BUZZ - Big Tech, growth stocks shaken and stirred by gloomy start to earnings
 urn:newsml:reuters.com:*:nL4N31R2AQ 
 ** Enphase Energy Inc   ENPH.O : up 5.8% premarket
 BUZZ - Rises after upbeat Q4 revenue forecast, PT raise  urn:newsml:reuters.com:*:nL4N31R2BV 
 ** Boston Scientific Corp  BSX.N : down 3.6% premarket
 BUZZ - Falls on Q3 profit miss  urn:newsml:reuters.com:*:nL4N31R2FX 
 ** AcelRx Pharmaceuticals Inc  ACRX.O : down 24.4% premarket
 BUZZ - Drops on reverse stock split plan  urn:newsml:reuters.com:*:nL4N31R2N3 
 ** Skechers U.S.A  SKX.N : down 13.7% premarket
 BUZZ - Skids after Q3 earnings miss, disappointing outlook  urn:newsml:reuters.com:*:nL4N31R27U 
 ** Raytheon Technologies Corp  RTX.N : down 0.5% premarket
 BUZZ - Credit Suisse cuts Raytheon PT on industry slowdown concerns
 urn:newsml:reuters.com:*:nL4N31R2D2 
 ** Harley-Davidson Inc  HOG.N : up 3.7% premarket
 BUZZ - Revs up as Q3 profit jumps on strong pricing, shipments  urn:newsml:reuters.com:*:nL4N31R2RF 
 (Rajarshi Roy and Sriparna Roy)
 ((Rajarshi.Roy@thomsonreuters.com))