Disney, HubSpot, Cloudflare: What to Watch When the Stock Market | Sidnaz Blog

Here’s what we’re watching ahead of Friday’s trading action.

U.S. stock futures edged lower Friday, putting the S&P 500 on track to end the week with muted gains after notching its ninth record closing high for 2021.

Futures tied to the S&P 500 slipped 0.2%, pointing to a drop after the opening bell. Contracts linked to the Nasdaq-100 Index edged down 0.1%, suggesting that technology stocks may also slip. Read our full market wrap.

What’s Coming Up

The University of Michigan’s consumer sentiment index for the opening weeks of February, due at 10 a.m. ET, is expected to inch up to 80.8 from 79.0 at the end of January.

Market Movers to Watch

—All hail Baby Yoda. Walt

Disney


DIS 0.67%

shares were up 1.6% ahead of the bell after the entertainment giant reported a first-quarter profit, as its flagship streaming service, Disney+, added more than 21 million new subscribers during the period. But the pandemic continued to zap results in the company’s movie-distribution and theme-park segments.

Pedro Pascal as the Mandalorian, with the Child, aka Baby Yoda.



Photo:

Disney+/Everett Collection

HubSpot


HUBS 1.96%

shares surged 21% premarket. The marketing-and-sales software platform provider reported earnings after Thursday’s close. Piper Sandler raised its price target for the stock.

DexCom


DXCM 2.69%

shares dropped 4.9% premarket. The medical-device manufacturer reported quarterly results after Thursday’s close.

Cognex


CGNX 1.66%

shares jumped 10% ahead of the bell. The maker of barcode readers and machine-vision systems reported earnings that beat estimates.

PayPal


PYPL 0.65%

shares added 2.9% premarket. CEO

Dan Schulman

said at the digital-payments company’s virtual investor day presentation Thursday that it expects to nearly double the number of active accounts it has by 2025.

Cloudflare


NET 0.41%

‘s shares dropped 6% premarket even after the cybersecurity company’s results and outlook topped Wall Street expectations.

Expedia


EXPE 0.68%

shares edged down 1.3% premarket after the digital-travel company reported a wider loss and weak demand for its latest quarter, as the pandemic continued to complicate travel plans.

Market Fact

Funds that select stocks based on environmental, social and governance, or ESG, criteria in 2020 attracted inflows of $194 billion, according to

Bank of America.

Chart of the Day

Shares of videogame retailer

GameStop


GME -0.20%

have tumbled in the past two weeks, as has individual investors’ interest in the trade.

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