5 Things to Know Before the Stock Market Opens | Global News Avenue

U.S. stock futures were mixed as investors digested potential regulatory changes and braced for Nvidia.NVDA) earnings report later this week; Spirit Airlines (save) shares higher in premarket trading after discount carrier files for bankruptcy; Ultra Micro Computer (SMCI) shares rise as the company reportedly plans to avoid delisting; Tesla stock (Tesla) is soaring, while Uber (Uber) and Lyft (Laifu) rejects reports that President-elect Donald Trump’s transition team plans to ease restrictions on self-driving cars; the CDC says organic carrots sold at Trader Joe’s and Wegmans are linked to a deadly E. coli outbreak. Here’s what investors need to know today.

1. U.S. stock index futures start the week mixed

U.S. stock futures were mixed in early trading Monday as market watchers weighed potential policy changes under President-elect Donald Trump. Nasdaq Futures edged higher as investors consider the impact of autonomous driving regulatory changes on Tesla (Tesla) business, while Nvidia (NVDA) the stock price fell Ahead of Wednesday’s earnings report. S&P 500 Index Futures prices moved higher while Dow Jones Industrial Average Futures are slightly lower. Bitcoin gained 1%, trading near $90,500. Crude oil futures and U.S. Treasury yields were also slightly higher in early trading.

2. Spirit Airlines’ stock price rises after filing for bankruptcy

Spirit Airlines (save) shares rose about 4% in premarket trading after the discount airline announced it would File for bankruptcy protection and reached a debt restructuring agreement with bondholders. Spirit said it will continue to accept reservations and honor all tickets, points and loyalty points. Trying to merge with rival JetBlue Airways (Jilin University) and Frontier Airlines parent company Frontier Group Holdings (Extra large capacitor) failedhurting Spirit’s ability to compete with larger airlines. As of Friday, Spirit shares had fallen more than 90% this year.

3. AMD shares soar on reports of plans to avoid delisting

Ultramicrocomputer (SMCI) Shares rose 10% in pre-market trading Barron’s Reports say the server maker expects to Plan to submit delayed annual report This could help it avoid delisting. This is what the company said received a letter Nasdaq warned on Sept. 17 that the company would be delisted if it did not file a delinquency report or file a plan within 60 days or by Nov. 16, making Monday the effective date for filings. AMD’s stock price has been hammered in recent months by regulatory concerns over allegations that accounting manipulation and other issues.

4. Trump team may relax self-driving rules, Tesla stock price soars

President-elect Donald Trump’s advisers are reportedly considering Federal Framework for Autonomous Vehiclespotentially accelerating the deployment of technology currently being developed by Tesla (Tesla). Bloomberg said consultants are looking for candidates who would amend federal regulations to allow vehicles that do not include foot pedals or steering wheels, such as Tesla is developing. Tesla’s shares were up more than 6% in premarket trading, while shares of ride-hailing app Uber were up more than 6%.Uber) and Lyft (Laifu) fell by approximately 2% and 3% respectively.

5. CDC warns of E. coli outbreak linked to organic carrots

The U.S. Centers for Disease Control and Prevention (CDC) issues a warning Organic whole and baby carrots Sold by California-based Grimmway Farms, which has been blamed for an E. coli outbreak in 18 states. The CDC reports that one person has died and 15 people have been hospitalized with the strain. All bags of infected produce – sold at Trader Joe’s and Costco (cost), etc. – have been recalled from stores. The Centers for Disease Control and Prevention released There was a similar warning last month When McDonald’s used contaminated onion sticks (MCD) A quarter pound of meat is thought to be the source of an E. coli outbreak.