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Pre-Market Outlook

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  • Economics
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U.S. Durable Goods Orders Might Increase By This Much In July, Here Are The Major Macro Issues For Wednesday

By Lisa Levin
August 24, 4:35 AM
U.S. stocks closed mostly lower on Tuesday. Macy's, Inc. (NYSE: M) shares, however, gained around 3.8% on Tuesday after the company reported better-than-expected Q2 results.

M

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Salesforce, NVIDIA And 3 Stocks To Watch Heading Into Wednesday

By Lisa Levin
August 24, 4:02 AM
With US stock futures trading lower this morning on Wednesday, some of the stocks that may grab investor focus today are as follows:

CRM

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Volatility In Markets Increases Further After US Private-Sector Business Activity Contracts Again

By Lisa Levin
August 24, 3:31 AM
U.S. stocks closed mostly lower on Tuesday following the release of economic reports. Investors are awaiting Federal Reserve Chair Jerome Powell's speech at the central banking conference later this week in Jackson Hole.

ZM

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Bitcoin Recovers After Recent Slump While Ethereum Tops This Major Level; Here Are The Top Crypto Movers For Wednesday

By Lisa Levin
August 24, 3:06 AM
Bitcoin (CRYPTO: BTC), the world’s most valued cryptocurrency, recovered on Wednesday, after tumbling to a three-week low during the weekend.

$BUSD

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AMC Entertainment Price Target Cut By This Analyst, Plus DA Davidson Predicts $318 For Estée Lauder

By Lisa Levin
August 23, 8:48 AM
DA Davidson cut the price target for The Estée Lauder Companies Inc. (NYSE: EL) from $342 to $318. Estée Lauder shares fell 0.4% to $264.29 in pre-market trading.

AERI

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Booking Holdings To $2,300? Here Are 5 Other Price Target Changes For Tuesday

By Lisa Levin
August 23, 8:12 AM
UBS raised the price target on Foot Locker, Inc. (NYSE: FL) from $29 to $39. However, UBS analyst Jay Sole maintained the stock with a Neutral. Foot Locker shares fell 0.4% to $36.70 in pre-market trading.

BKNG

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These Analysts Boost Price Targets On Palo Alto Networks Following Upbeat Q4 Results

By Lisa Levin
August 23, 7:48 AM
Palo Alto Networks, Inc. (NYSE: PANW) reported better-than-expected results for its fourth quarter and issued FY23 guidance above estimates. The company’s board also announced a three-for-one stock split. Palo Alto shares rose 8.8% to $552.50 in pre-market trading.

PANW

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S&P 500, Nasdaq Futures Trade Modestly Higher On Tuesday As Rate Hike Fears Keep Wall Street Muffled

By Shanthi Rexaline
August 23, 7:20 AM
Wall Street’s mood is still somber despite the steep declines seen in the past couple of sessions. The major U.S. index futures are pointing to a modestly higher open on Wall Street on Tuesday.

JD

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Fear & Greed Index Inches Toward ‘Fear’ Zone Again Amid Plunge In Stocks

By Lisa Levin
August 23, 6:27 AM
The CNN Money Fear and Greed index is again inching toward the "fear" zone on rate-hike concerns, but the index remained in the "neutral" zone on Tuesday.

M

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U.S. Manufacturing Index Likely To Ease Further To This Level In August, Here Are The Major Macro Issues For Tuesday

By Lisa Levin
August 23, 6:08 AM
U.S. stocks closed sharply lower on Monday with Zoom Video Communications, Inc. (NASDAQ: ZM) reporting mixed quarterly results after the closing bell.

ZM

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