Mitrade Insights is dedicated to providing investors with rich, timely and most valuable financial information to help investors grasp the market situation and find timely trading opportunities.

2021

Best News & Analysis Provider

FxDailyInfo

2022

Best Forex Educational Resources Global

International Business Magazine

Insights

News

Workday, Ross Stores, CAVA Group rise premarket; Peloton, Uber fall

Source Investing

Investing.com -- U.S. stock futures rose Friday, ending the week on a positive tone ahead of the eagerly-anticipated Jackson Hole symposium.

Here are some of the biggest premarket U.S. stock movers today

Uber Technologies (NYSE:UBER) stock fell 1.2% after the ride-hailing service announced a multiyear partnership with Cruise, a subsidiary of General Motors (NYSE:GM), allowing the latter's self-driving vehicles to be launched on Uber's ride-hailing platform.
Ross Stores (NASDAQ:ROST) stock rose 5.3% after the retailer raised its fiscal 2024 profit forecast and posted second-quarter results above expectations late Thursday, benefiting from demand for its discounted apparel and easing freight costs.
Workday (NASDAQ:WDAY) stock jumped 12% after the human resource software provider beat market expectations for second-quarter revenue and announced a $1 billion stock buyback plan.
CAVA Group (NYSE:CAVA) stock soared 8.3% after the fast-casual Mediterranean restaurant chain reported strong second-quarter earnings and revenue, while comparable sales growth and new unit performance also impressed.
Nvidia (NASDAQ:NVDA) stock rose 1.2% after Evercore ISI analysts advised investors to buy ahead of the chipmaker’s earnings report for the July quarter, stressing that recent concerns over Blackwell delays are “overdone.”
Halliburton (NYSE:HAL) stock rose 0.6% despite the oilfield services firm saying that an unauthorized third party had gained access to some of its systems, and it had launched an internal investigation as well as taken certain systems offline to protect them.
Peloton (NASDAQ:PTON) stock fell 2% after JPMorgan (NYSE:JPM) downgraded its stance on the connected fitness company to ‘neutral’ from ‘overweight’, saying the current economic conditions will continue to impact consumer demand.
Qualcomm (NASDAQ:QCOM) stock rose 1.2% after the U.S. chip giant agreed a deal with Sequans Communications to acquire the French semiconductor company’s 4G IoT technologies.

Disclaimer: For information purposes only. Past performance is not indicative of future results.

Recommended Articles

AUD/USD: Current price action is likely the early stages of a recovery – UOB Group Australian Dollar (AUD) is likely to trade in a sideways range between 0.6220 and 0.6290. In the longer run, current price action is likely the early stages of a recovery phase that could potentially reach 0.6350, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note.

Author FXStreet

Jan 22, Wed

Australian Dollar (AUD) is likely to trade in a sideways range between 0.6220 and 0.6290. In the longer run, current price action is likely the early stages of a recovery phase that could potentially reach 0.6350, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note.

Here Is Why Shiba Inu (SHIB) Could Reach a 4-Year High in Q2 2025 Shiba Inu is showing renewed strength, rising more than 16% over the last week of April. Despite a difficult year for meme coins, SHIB has held up better than major peers like BONK, PEPE, and DOGE.

Author Beincrypto

Yesterday 01: 57

Shiba Inu is showing renewed strength, rising more than 16% over the last week of April. Despite a difficult year for meme coins, SHIB has held up better than major peers like BONK, PEPE, and DOGE.

Tesla's Stock Soars Nearly 10%! US Eases Self-Driving Regulations, Boosting Competition with Chinese Manufacturers!Tesla benefits from the U.S. easing self-driving regulations. The stock surged 10%, reaching a new high since March 27.On Friday, April 25, Tesla Inc (TSLA) stock jumped 9.8%.

Author TradingKey

Yesterday 03: 51

Tesla benefits from the U.S. easing self-driving regulations. The stock surged 10%, reaching a new high since March 27.On Friday, April 25, Tesla Inc (TSLA) stock jumped 9.8%.

USDT's market cap hits a new high. Will the cryptocurrency rebound continue?The market cap of USDT keeps rising. But this doesn't guarantee a rebound in the crypto market. A decline is still possible.

Author TradingKey

23 hours ago

The market cap of USDT keeps rising. But this doesn't guarantee a rebound in the crypto market. A decline is still possible.

Dogecoin Price Breaks Resistance Trendline That Could Trigger Breakout Above $1 The Dogecoin price looks set to witness a breakout above the psychological $1 level, having broken a resistance trendline. Crypto analyst Trader Tardigrade provided a timeline for when this massive surge could happen as DOGE rallies to a new all-time high (ATH).

Author Bitcoinist

20 hours ago

The Dogecoin price looks set to witness a breakout above the psychological $1 level, having broken a resistance trendline. Crypto analyst Trader Tardigrade provided a timeline for when this massive surge could happen as DOGE rallies to a new all-time high (ATH).

Popular Symbols