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

U.S. stock futures traded higher yesterday, mixed on tech optimism; Netflix (NFLX) After the S&P 500 led the gains yesterday, the stock price became the focus; the UK launched an antitrust investigation into Apple’s mobile ecosystem (AAPL) and the alphabet’s (Google) Google; General Electric Aerospace (General Electric) shares rose in premarket trading after reporting fourth-quarter results well above expectations; and Electronic Arts (EA) shares plunged after the video game maker reported falling demand for its football franchise. Here’s what investors need to know today.

1. U.S. stock futures are mixed, with the market close to historical highs

U.S. stock futures mixed Artificial Intelligence (AI) Optimism pushed technology stocks higher in the previous session. S&P 500 Index Futures edge lower Index close to record highalthough Nasdaq Futures fell 0.5% after the index rose 1.3%, also near its highest level on record. Dow Jones Industrial Average Futures prices were higher. Bitcoin (Bitcoin USD) fell 2% to trade just below $102,000, while the 10-year Treasury yield climbed to 4.65%. Oil futures rose while gold futures fell.

2. Netflix stock remains in focus after blowout earnings report

Netflix (NFLX) as the streaming giant continues Build momentum from its Better-than-expected earnings report. Netflix An increase of nearly 10% Shares led gains in the S&P 500 yesterday after a blowout report showed the company’s revenue and profits grew faster than analysts expected. Netflix stock, which also announced that it will raise price, record high Prices were higher in pre-market trading Wednesday.

3. The UK launches antitrust investigation into Apple and Google mobile ecosystems

UK antitrust regulators have launched an investigation into Apple’s mobile ecosystem (AAPL) and the alphabet’s (Google) Google determines whether these companies have a “strategic market position.” The country’s Competition and Markets Authority (CMA) said it would review the companies’ operating systems, app stores and mobile browsers to ensure there is effective competition in the market. The CMA has also launched an investigation Google Search and Ads enterprise.

4. GE Aerospace’s performance beats expectations, stock price rises

General Electric Aerospace (GEGeneral Electric) shares surged 7% in pre-market trading after the company announced quarterly results Easily beat analysts’ expectations. The aircraft engine maker reported net income of $1.9 billion, or $1.75 a share, on revenue of $10.81 billion. Analysts had expected Profit was $1.2 billion, or $1.10 per share, on revenue of $10.01 billion, according to estimates compiled by Visible Alpha.

5. Demand for popular games drops, EA stock price plummets

Electronic Arts (EA) Shares plunged 16% in premarket trading after video game maker pointed out Demand for popular games is weak curtailing its prospects. In preliminary results released late Wednesday, the company forecast fiscal third-quarter net bookings of $2.22 billion, down from $2.4 billion to $2.55 billion. The company said its global football division, which features the EA SPORTS FC franchise, “experienced a slowdown as early momentum in the fiscal third quarter failed to sustain through the end.” Separately, participation in the Dragon Age series was higher than EA’s expectations fell by nearly 50%.