Bitcoin, Pfizer, Uber, GM: What to Watch When the Stock Market Opens Today

  • 📰 WSJ
  • ⏱ Reading Time:
  • 55 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 63%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Here’s what we’re watching ahead of the open

We’ll get a look at how event spaces are coping with Covid-19 when Madison Square Garden Entertainment reports earnings before the open.

Shares of Uber , Lyft and DoorDash are all hitting the skids premarket. A California judge said the November ballot measure that allowed the companies to continue treating their drivers as independent contractors isGeneral Motors shares dropped more than 2% premarket. The car maker isShares of Coinbase and the price of bitcoin both jumped 3.6% of the bell. The cryptocurrency’s rise put it back above $50,000 for the first time since May.

from Pfizer and partner BioNTech, according to people familiar with the planning. Fellow mRNA Covid-19 vaccine maker Moderna was also up, by 2%. And Pfizer is also making waves on the deal front premarket: It is acquiring Trillium Therapeutics for $18.50 a share in cash, or implied equity value of $2.26 billion. Trillium’s shares closed Friday at $6.09 a share. Premarket they soared a staggering 200%.

Crude prices are up around 3%, and shares of major energy producers are coming along for the ride. Occidental Petroleum and Devon Energy both gained 3.6%, Diamondback Energy climbed 4.1% and Exxon Mobil rose 2.1%.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

‘Something will give’ in U.S. stock market amid ‘discomforting sentiment signals,’ Citi warnsA stock-market pullback of 10% 'seems quite reasonable' and any catalyst for weakness should be closely watched as valuation is no longer attractive amid a... Already long QQQ NOV 379 PUTs. lezzGOO Bodo amat lah ! Realitanya selama ini kan hasil gue nggak pernah diberikan ke gue ? Thank you!
Source: MarketWatch - 🏆 3. / 97 Read more »

MIDEAST STOCKS Most Gulf markets rebound; Saudi falls againMajor stock markets in the Gulf mostly rebounded on Sunday, after declining in the previous session, but falling oil prices continued to weigh on Saudi Arabia where the benchmark index extended losses.
Source: Reuters - 🏆 2. / 97 Read more »