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Stock futures are rising, with technology shares on track to lead gains ahead of a policy decision from the Federal Reserve. Here’s what we’re watching in Wednesday’s trading:
-
shares gained 3.8% premarket. The software giant said its earnings continued to grow last quarter as its cloud-services business stayed strong.
- The bullish mood was rubbing off on other major technology stocks, including
Platforms and
which added around 2% each.
gained 3.4%.
-
shares added 1.5% in the moments after the release of its latest quarterly results.
- Earnings are due from
and
before the open.
-
gained 4% ahead of the bell. The chip maker’s fourth-quarter profit and revenue beat Wall Street forecasts.
A Texas Instruments office in San Diego, Calif., April 24, 2018.
Photo:
mike blake/Reuters
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shares plunged 12%. The student-loan servicer swung to a fourth-quarter loss as higher expenses combined with lower revenue.
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jumped 7.6% premarket. The digital sports-betting company’s stock got an upgrade from
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shares fell 14% premarket after the cloud security firm issued guidance below expectations for the current quarter and lowered its annual outlook as supply-chain issues crimp its ability to meet demand.
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named a new chief executive officer and made changes to its board Tuesday, moves that will allow the railroad operator to avert a proxy fight. Investors were quiet; the stock was flat premarket.
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edged down 0.1% after the financial services company said profit fell in the fourth quarter, but beat analysts’ consensus projections, as revenue increased due to strong credit results.
-
are among the companies reporting earnings after the close.
Chart of the Day
- A mania in clean-energy stocks holds lessons for ESG investors, writes James Mackintosh. This is the third in a series of Streetwise columns taking a critical look at sustainable investing.
Write to James Willhite at james.willhite@wsj.com
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