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US stocks before the market: Ford acquired electric scooter rental company Qualcomm fell more than 5% cat eagle rose 6%

November 08, 2018 21:49
source: Investing
edit:Eastern Fortune Network

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Before the market on Thursday, US stock index futures were lower, indicating that Wall Street may be slightly lower and may be adjusted back. At present, investors are turning their attention to the pace of the Fed tightening monetary policy.

As of press time, the S&P 500 index futures fell 12.75 points or about 0.45% to 2,803.75 points; the Dow futures fell 84 points or about 0.32% to 26,098.0 points;NasdaqThe 100 index futures fell 48 points or about 0.66% to 7,170.50 points.

  Pre-market shares

  Tesla(NASDAQ: TSLA) fell 0.32%. According to reports, on Wednesday, Tesla's board of directors nominated independent director Robyn Denholm as chairman, the appointment took effect immediately. Musk continues to serve as Tesla CEO. Robyn Denholm became an independent director of Tesla in 2014. He was the finance director of Toyota and the only executive on Tesla's board of directors with experience in other large automotive groups. However, Bloomberg reported that Tesla's nine-member board is still mainly composed of people who are loyal to Musk (five of the eight current non-executive directors have professional or personal relationships with Mr. Musk), including Musk's brother Kimbal. Lack of independence, it has long been criticized by corporate governance experts.

  applethe company(NASDAQ: AAPL) fell 0.50%. According to the report, a person familiar with the situation told Reuters that Apple andQualcommThere is no possibility of reconciliation, and said: "We will never have meaningful discussions between us and Qualcomm, nor can we see that reconciliation is possible. We are preparing for litigation." In January 2017, Apple filed a lawsuit in the federal court in San Diego, USA. Qualcomm said that it is illegal for Qualcomm to extract shares from iPhone sales as a patent license fee, requiring a refund of nearly $1 billion in patent licensing fees, while Qualcomm denied the allegations and counterclaimed Apple for owing $7 billion in royalties. unpaid.

  Google(NASDAQ: GOOG): According to the Wall Street Journal, Google is preparing to expand its New York office to add office space that can accommodate 12,000 new employees, almost twice as many as Google's current New York employees. After the implementation of the plan, including existing employees, Google's New York office space will accommodate nearly 20,000 employees, andAmazonVery comparable. If Amazon completes its plan to open a new headquarters in New York, it is expected to add approximately 25,000 employees.

  Facebook(NASDAQ: FB) fell 0.77%. An open letter signed by government officials in the UK and Canada showed that Facebook CEO Zuckerberg rejected requests from government officials in the UK and Canada and did not intend to attend hearings from UK and Canadian government officials on fake news and data privacy issues.

  UBS Group(NYSE: UBS) fell 0.42%. According to reports, the US Department of Justice will file a lawsuit against UBS on Thursday, accusing UBS of misconduct in the sale of mortgage-backed securities before the global financial crisis in 2008. UBS said that these allegations have neither a factual basis nor a legal basis and will “strongly” counter any such allegations.

  Ford(NYSE: F) fell 0.10%. Ford Motor Co., Ltd. announced on Thursday that it will acquire Spin, an electric scooter rental company founded two years ago. According to informed sources, the purchase price is 200 million US dollars. Ford's head of mobile division, Marcy Klevorn, said the acquisition of Spin "fills a gap in our mobile portfolio" while providing "convenient and affordable transportation" in urban and university campuses. Ford plans to expand Spin's existing 32 North American markets to more than 100 in the next 18 months.

  Qualcomm(NASDAQ: QCOM) fell 5.55%. According to the earnings report released after Qualcomm, its revenue in the fourth quarter fell 1.9% to 5.8 billion US dollars, higher than the expected 5.53 billion US dollars; the quarter loss of 493 million US dollars, a loss of 35 cents per share, a loss in the same period last year $168 million, or 11 cents per share. Qualcomm said Apple decided not to use Qualcomm chips in the latest iPhones, causing its sales to drop by about 5,500 compared to the same period last year. Qualcomm expects sales in the first quarter to be between $4.5 billion and $5.3 billion, less than the expected $5.56 billion.

  Square(NYSE: SQ) fell 4.83%. Square's earnings report after the market showed that its adjusted earnings in the third quarter increased 68% year-on-year to US$431 million, higher than the expected US$413.9 million. Net profit for the quarter was $20 million, compared to a net loss of $16 million in the same period last year. Earnings per share were 13 cents, higher than the expected 11 cents. However, Square expects earnings per share for the fourth quarter to be 12 to 13 cents, less than the expected 15 cents.

  Roku(NASDAQ: ROKU) fell 12.33%. Roku’s earnings report after the market showed a loss of $9.5 million in the third quarter, a loss of 9 cents per share, and revenue of $173.4 million, compared with a loss of $8.79 per share for the same period last year, and revenue of $124.8 million.AnalystPreviously, it was expected to lose 12 cents per share and sales of $174 million. Roku's fourth-quarter revenue guidance is in line with expectations, but the loss is expected to be between $4 million and $3 million in profit, less than analysts' expected earnings of $7 million.

  Wynn Vacationvillage(NASDAQ: WYNN) No pre-market data, down 12.71% after the close of trading yesterday. Wynn Resorts announced a mixed financial report. The hotel and casino company's earnings per share fell short of expectations, at $1.68, slightly lower than analysts' expectations of $1.69. Wynn also warned on the performance of its Macau operations at the quarterly earnings conference call. However, Wynn Resort's revenue exceeded expectations, reaching $1.71 billion, compared to an estimated $1.66 billion.

  Cat eagle(NASDAQ:TRIP) rose 6.70%. The earnings report released after the cat hawks showed that its third-quarter revenue was less than expected, but earnings per share exceeded expectations. Cat's third-quarter revenue rose 4% year-on-year to $458 million, less than analysts' expectations of $469 million; earnings per share were 72 cents, exceeding analysts' expectations of 48 cents; daily average hotel customers grew 8% , reaching 490 million people; revenue from each hotel customer increased by 5% to $0.41.

Netflix (NASDAQ: NFLX) fell 0.76%.MicrosoftThe company (NASDAQ:MSFT) fell 0.66% and Amazon (NASDAQ:AMZN) fell 0.47%.

  Stock stock

  Alibaba(NYSE: BABA) fell 1.31%. According to Reuters, Alibaba's local life service company raised a new fund of 4 billion US dollars, and its current valuation rose to 30 billion US dollars. According to the report, more than $3 billion in funding for this round of funding comes from Alibaba and Softbank Vision Fund. People familiar with the matter said that this round of financing will be completed by the end of November. Last month, Alibaba announced the merger of its hungry and word of mouth, the establishment of Ali local life service company.

  Ctrip(NASDAQ: CTRP) fell 8.19%. Ctrip released its unaudited financial results for the third quarter ended September 30, 2018, and turned losses on a year-on-year basis. According to the financial report, Ctrip’s net revenue for the third quarter was RMB 9.4 billion (US$1.4 billion), a year-on-year increase of 15% and a growth of 28% from the previous quarter.Net lossIt was RMB 1.1 billion (approximately US$165 million), and its net profit for the same period last year was RMB 1.4 billion.

The financial report also showed that Ctrip's penetration rate among young users has increased significantly. Among them, the proportion of customers under the age of 35 has remained stable at around 70% in the past five years. Among them, young users under the age of 29 have the fastest growth, and the proportion has increased from 30% to nearly 50%.

According to 36氪, Ctrip CEO Sun Jie revealed that “excluding Skyscanner, the total transaction volume in the past 12 months as of September 30, 2018 increased by about 30% year-on-year to 690 billion yuan.” The same time period mentioned above According to public information: Expedia's total booking volume is $97.596 billion, or about 675.1 billion yuan. This means that Ctrip's GMV has surpassed Expedia for the first time, ranking first in the global online travel industry.

  IQIYI (NASDAQ: IQ) fell 1.18%.Jingdong (NASDAQ: JD) fell 1.41%.Baidu(NASDAQ: BIDU).

(Article source: Investing)

                (Editor: DF134)

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