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Futures are rising, pointing to an extention of the rally on Wall Street for a third day. Here’s what we’re watching ahead of Thursday’s open.
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AT&T,
and
are among the companies scheduled to post results premarket.
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delivered Texas-sized revenue growth and a profit jump in the recent quarter, but its outlook failed to beat expectations. Its shares were down more than 5% premarket.
A Texas Instruments office in San Diego, Calif., April 24, 2018.
Photo:
mike blake/Reuters
- Railway operator
jumped 2% premarket after it said profit more than doubled in the second quarter.
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said losses narrowed in the second quarter as revenue recovered from last year’s more restrictive measures to limit the spread of Covid-19, but market players are still taking their bets off the table. Its shares were down 2.5%.
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shares are up 1.7% premarket. CEO
Brian Chesky
told Barrons that he sees the “travel rebound of the century,” even as Covid-19 cases jump.
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raised its projections for the year as it sees broad-based revenue growth across all its segments. Market watchers greeted the news with a yawn: Shares were flat premarket.
- Appliance maker
lifted its guidance but said it will spend $1 billion more on raw materials this year as inflation hits corporate balance sheets. Its shares slipped 0.4%.
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and
are set to report earnings after markets close. In Intel’s case, an earnings drop could be in the cards amid a global chip shortage.
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