Stock-market

Coca-Cola, Johnson & Johnson, Chipotle: What to Watch When the Inventory Market Opens At this time

Inventory futures edged greater Wednesday, suggesting main indexes will prolong their rebound following a unstable stretch of buying and selling sparked by worries concerning the unfold of coronavirus. Right here’s what we’re watching forward of the opening bell. Learn our full markets wrap right here.

  • Coca-Cola

    KO 0.18%

    rose 2.2% in premarket buying and selling after it up to date its full-year steering and reported a soar in second-quarter earnings per share.

  • Johnson & Johnson

    JNJ 0.94%

    edged up 1.1% after it beat analysts’ estimates on quarterly gross sales and revenue from rising gross sales of medical units, medicine and consumer-health merchandise.

  • Chipotle Mexican Grill

    CMG 1.50%

    climbed 4.5% after reporting gross sales that blew previous pre-pandemic ranges. The meals chain invested in supply and on-line ordering previous to the virus and generated almost half of its second-quarter gross sales from digital transactions.

Chipotle’s gross sales have risen above pre-pandemic ranges.



Photograph:

David Paul Morris/Bloomberg Information

  • Bitcoin rose 5.6% in comparison with its stage on Tuesday at 5 p.m. ET, buying and selling round $31,500. It slipped beneath $30,000 on Tuesday for the primary time in a few month.
  • Harley-Davidson

    HOG 4.48%

    climbed 2.7% after reporting a soar in revenues pushed by greater gross sales of bikes in North America.

  • United Airways

    UAL 6.58%

    added 1.1% after the corporate mentioned it expects to return to revenue within the third quarter on a pretax foundation and that enterprise and worldwide journey is recovering sooner than anticipated.

  • Netflix

    NFLX -0.23%

    edged down 0.8% premarket after it mentioned it added 1.5 million memberships within the second quarter, reflecting slower development in new subscribers following a surge final yr on the top of the pandemic.

  • Robotic-assisted surgical gear maker

    Intuitive Surgical

    ISRG 2.45%

    superior 3.3% after posting a soar in revenue within the second quarter from an increase in demand for its merchandise amid a rise within the variety of surgical procedures following delays as a result of pandemic.

  • U.S.-traded shares of

    ASML Holding,

    ASML 0.01%

    a Dutch provider to the semiconductor trade, rose 3.2% premarket after it reported an increase in second-quarter revenue, a brand new share buyback program and better full-year gross sales steering.

  • Cruise strains climbed, extending Tuesday’s good points right into a second day.

    Carnival

    CCL 7.45%

    is up 2.2% forward of the bell and

    Royal Caribbean Group

    RCL 7.74%

    rose 1.1%.

  • Equipment maker

    Whirlpool,

    WHR 0.37%

    on line casino operator

    Las Vegas Sands

    LVS 0.93%

    and credit score reporting company

    Equifax

    EFX 3.16%

    are scheduled to submit earnings after markets shut.

Chart of the Day
  • Netflix stays mired in considerably of a post-pandemic stoop. It added 1.5 million web new paying subscribers within the second quarter, which was a bit higher than it had forecast however nonetheless its lowest stage of development in almost a decade. 

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