| Author | Message | ||
     Entrepreneur Kurra Bewarse Username: Entrepreneur Post Number: 3950 Registered: 05-2011 Posted From: 24.164.46.35 Rating: N/A |
Wake-Up Call Briefing S&P 500 futures 0.3% below fair value; Nasdaq 100 futures 0.8% below fair value; DJIA futures in-line with fair value Early drivers of sentiment: Near 20% decline in NFLX after company disappointed with Q1 global streaming paid net adds and operating margin guidance Sense of caution following yesterday's sharp reversal (Nasdaq swung 3.4% between early high and late low) Geopolitical angst as tension over Russia-Ukraine posturing thickens (Secretary of State Blinken meeting Russian counterpart today to discuss) Sizable losses in cryptocurrencies feeding into risk-off mindset PTON on the rebound after providing in-line Q2 revenue guidance and saying yesterday's report about halting production was not accurate INTC to invest $20 bln for two new factories in Ohio CSX beats Q4 earnings and revenue expectations, but stock slips anyway PPG beats Q4 expectations, but Q1 guidance below consensus with higher costs weighing Crude oil futures down 3.1% to $84.22/bbl 10-yr note yield drops five bps to 1.78% on some safe-haven positioning Notable research calls: Upgrades: BYND, BCC, COTY, ISRG, LLY, MRNA, PTON, and UAA Downgrades: DVN, ECL, FUL, and TRV Econ Data: December Leading Economic Index at 10:00 a.m. ET |