5 things to know before the stock market opens Thursday

Sign up for NBC LA newsletters.'s rally may have had. While the artificial intelligence stock climbed back from early losses to finish the session 0.8% higher, the three major indexes weren't able to do the same. Thein premarket trading Thursday after the cloud software company posted weaker-than-expected revenue. Despite increasing 11% to $9.13 billion from $8.25 billion a year ago, revenue for the period ended April 30 fell short of estimates for the first time since 2006.

The Phillips 66 Los Angeles Refinery Wilmington Plant stands on November 28, 2022 in Wilmington, California.on Wednesday in an all-stock transaction valued at $17 billion. The acquisition is set to extend ConocoPhillips' reach across shale fields in Texas, New Mexico and North Dakota by adding 2 billion barrels of resources to its inventory.

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5 things to know before the stock market opens ThursdayHere are the most important news items that investors need to start their trading day.
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