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

U.S. stock futures edged lower in premarket trading after tech stocks fueled Christmas Eve rally; MicroStrategy (Magnetic transmission technology) Shares fall as Bitcoin buyers plan to issue more shares; Uber (Uber) shares were little changed after Taiwanese government regulators blocked the company’s proposed acquisition of rival Foodpanda; American Airlines (Asian Airlines Association) shares fell slightly after the airline’s flights were briefly grounded; and Netflix (NFLX) shares edged higher after broadcasting NFL football games on Christmas Day. Here’s what investors need to know today.

1. Stock futures fall after Christmas Eve rally

back Tech stocks drive market higher In Christmas Eve trading, stock futures were lower in pre-market trading, with Nasdaq, S&P 500 Indexand Dow Jones Industrial Average Futures fell about 0.3%. The Nasdaq rose more than 1% on Tuesday, recouping losses from the previous week before falling. U.S. Treasury yields edged higher, with the 10-year Treasury yield at 4.629%. Bitcoin (Bitcoin USD) fell more than 3% to around $95,601. Oil futures edged higher, prices West Texas Intermediate Crude Oil The price is US$70.37 per barrel.

2. Taiwan blocks Uber from acquiring Foodpanda food delivery service

Taiwan blocks Uber (UberReportedly plans to spend $950 million to acquire Foodpanda’s delivery business on the island wall street journal. The regulator said Foodpanda is Uber’s main rival on the island and a merger of the two services could lead to higher prices for customers while also restricting other rivals from entering the market. Uber announced in May that it would acquire Foodpanda’s Taiwan delivery business from its parent company, Germany’s Delivery Hero.

3. American Airlines resumes flights after brief grounding on Christmas Eve

American Airlines (Asian Airlines Association) shares were little changed in premarket trading, falling slightly after the airline briefly grounded flights ahead of Christmas Eve. Supplier technical issues. The Federal Aviation Administration (FAA) grounded American Airlines flights early Tuesday at the airline’s request, but lifted the order around 8 a.m. ET. Christmas Eve is one of the busiest travel days in the United States

4. MicroStrategy stock rises on plans to issue more shares

micro strategy (Magnetic transmission technologyThe company’s shares fell nearly 3% in premarket trading after Bitcoin buyers surged on plans to issue more shares, which could allow it to add more cryptocurrencies to its portfolio. MicroStrategy shares rose 7.8% in the previous session after filing with the U.S. Securities and Exchange Commission Securities and Exchange Commission (SEC) Increased its authorized share count on December 23. MicroStrategy also announced $561 million worth of cryptocurrencies purchased From December 16th to 22nd.

5. Netflix announces ‘Beyoncé Bowl’ after Christmas NFL broadcast

Following Netflix (NFLX) televised two Christmas Day professional NFL games, including Beyoncé’s halftime performance, and the streaming service said it will release the singer’s midfield performance as a standalone show later this week. A performance. The event was broadcast on Netflix ” Jake Paul-Mike Tyson boxing match Suffered technical issues in November.