primeimages/iStock via Getty Images
Listen below or on the go via Apple Podcasts and Spotify
Stock futures rise on hopes of U.S.-Iran conflict resolution. (00:14) Uber (UBER) weighs higher bid for Delivery Hero (DLVHF) after €11.5B offer rebuffed, FT reports. (01:08) Wix (WIX) set to ax a fifth of staff in post-earnings shockwave. (01:40)
This is an abridged transcript.
Stock index futures are higher as investors assess the possibility of a resolution in the U.S.-Iran conflict, despite fresh strikes by Washington.
S&P 500 futures (SPX) advanced 0.6% to 7,520, while Nasdaq 100 futures (US100:IND) gained 0.6% to 29,674. Dow futures (INDU) climbed 0.47% to 50,815.
U.S. forces carried out what they described as “self-defense” strikes in southern Iran early Tuesday, with U.S. Central Command stating that the operation was intended to “protect our troops from threats posed by Iranian forces.”
Crude oil is down 3.9% at $92. Bitcoin is down 0.9% at $76,000. Gold is down 1.1% at $4,517.
The FTSE 100 is up 0.6% and the DAX is down 1%.
Wix (WIX) is set to slash around 1,000 jobs in the coming months, or approximately 20% of its workforce.
If this happens, it would be the largest layoff in its history.
This information is from multiple Israeli media outlets.
The reports come just a week after the website-building company missed heavily on Q1 earnings, leading shares to lose a third of their value in the subsequent session. It was the latest spate of bad news for Wix (WIX), whose stock is down nearly 50% since the beginning of the year amid growing fears of the SaaSpocalypse.
Uber’s (UBER) board met on Saturday to discuss raising its offer for Delivery Hero after a major shareholder rebuffed Uber's bid.
The current bid would value the German food delivery group at over 11.5 billion euros ($13.39B).
The Financial Times reported on Sunday that the board held a meeting in which it discussed the status of the takeover bid.
Delivery Hero (DLVHF) confirmed on Saturday it had received a takeover offer from Uber, valuing the company at 33 euros per share.
What’s Trending on Seeking Alpha
Taiwan overtakes India as world's fifth-largest stock market as TSMC surges
China limits overseas travel for top AI talent at Alibaba, DeepSeek: report
The biggest movers for the day premarket: Redwire (RDW) +15% - Space and satellite stocks rallied as investor enthusiasm for the sector continued to build following SpaceX’s filing for what could become the largest IPO on record. Shares of MDA Space (MDA) +13%, Firefly Aerospace (FLY) +11%, Intuitive Machines (LUNR) +8%, AST SpaceMobile (ASTS) +6%, York Space Systems (YSS) +7%, Voyager Technologies (VOYG) +8%, Satellogic (SATL) +5%, and EchoStar (SATS) +4% all moved higher as investors rotated into aerospace and satellite names tied to growing commercial space demand.
Economic calendar:
8:30 am Chicago Fed National Activity Index
9:00 am Case-Shiller Home Price Index
9:00 am FHFA House Price Index
10:30 am Dallas Fed Manufacturing Survey
Editor's Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.
此内容由惯性聚合(RSS阅读器)自动聚合整理，仅供阅读参考。 原文来自 — 版权归原作者所有。