Twitter, Blackstone, IAC: What to watch when the stock market opens today
we Stock futures rose After the Republicans offered a short time Debt Limit Extension, to help stave off immediate concerns about a possible government default. Here’s what to watch before Wednesday’s opening.
Shares are up 2% in pre-market trading after the company said it is Selling a Mobile Advertising Company MoPub for
for $1.05 billion in cash. AppLovin jumped more than 9%.
- private equity giant
It rose by 3.3%. It said it would acquire a majority stake in outsourcing services provider VFS Global from EQT, another private equity investor.
Media conglomerate Barry Diller
It jumped 4.5% after reaching A $2.7 billion deal to buy Meredith, a magazine publisher with brands like People and InStyle.
- Megacap tech companies gained a primary market as government bond yields fell.
All added about 1%.
- Profits due from
before the opening bell.
4% advance. The denim company reported higher sales in the third quarter, which boosted profits.
- vaccine maker
It fell 1.7%, extending Wednesday’s slide for a second day. The stock has lost more than 20% of its value this month so far.
- Oil stocks were followed by lower crude oil prices.
decreased 2.3% and
It fell 2%.
Earnings will be reported after closing.
- Airlines shares have risen more than 10% over the past monthAs the broader stock markets declined. However, this is only a partial recovery from a bad summer for airline stocks, including those of aircraft makers. Only budget airline stocks are currently trading above pre-Covid levels.
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