The stocks making the biggest moves in premarket trading include Disney, DoorDash, Snowflake, Fisker, and more.
5 things to know before the stock market opens Friday
Wall Street is set to rebound for a second-straight day after starting the week with big losses.
China is concerned about inflation – but it’s not the top priority right now
In its report on first-quarter monetary policy, the Chinese central bank focused on how the foundation for the domestic economic recovery is not solid.
Goldman Sachs banker quits after making millions on cryptocurrency
Aziz McMahon, a Goldman Sachs executive in London, quit the bank after making a fortune on cryptocurrency.
Dogecoin rallies on Elon Musk tweet, anticipated Coinbase listing
Dogecoin’s price soared as high as 56 cents early Friday, according to Coin Metrics data.
Disney misses on subscriber expectations, parks revenue still hurt by Covid restrictions
Disney+ had been bolstering the company’s success as it was losing out on business from Covid restrictions, but it seems the rapid growth is starting to slow.
Airbnb says first-quarter revenue rose 5% as vacationers return to travel
Airbnb’s net loss tripled, but the company expects its adjusted margin to improve in the second half of the year as travel restrictions ease up.
DoorDash shares rise as delivery company boosts outlook, investors shrug off driver shortage
DoorDash on Thursday reported a wider-than-expected quarterly loss, blaming a shortage of delivery drivers as consumers ordered more than forecast.
Coinbase revenue tripled from last quarter as crypto prices skyrocketed
Coinbase revenue tripled from last quarter, as the price cryptocurrencies took off in 2021.
Heads up: UK PM Johnson and chief medical officer Whitty to hold a press conference later
The press conference is scheduled for 1600 GMT
UK prime minister, Boris Johnson, did express some concern yesterday over virus variants but it is unlikely to see that derail plans on the economic reopening just yet.
UK prime minister, Boris Johnson, did express some concern yesterday over virus variants but it is unlikely to see that derail plans on the economic reopening just yet.