Stock futures and bond yields rose ahead of fresh inflation data that could influence the Federal Reserve’s timeline for reducing stimulus measures. Here’s what we’re watching in Friday’s trading action:
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shares jumped 13% ahead of the bell after the database giant reported second-quarter results that beat estimates.
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slipped 1.4% premarket, even after it reported an earnings beat and lifted its forecasts for the year.
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also known as Nubank, gained 7.7% premarket. The Brazilian banking company went public on the New York Stock Exchange on Thursday, and ended the day up 15%.
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shares sank 10% ahead of the bell. The vaccine maker said its flu vaccine candidate had shown positive interim results in a phase 1 study. The stock has lost 39% over the past three months through Thursday, but is up 161% in 2021.
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one of the flagship companies of the meme-stock craze, reversed earlier premarket losses to trade mostly flat. SEC filings showed that both its chairman and its finance chief sold some of their holdings this week, adding to the list of corporate insiders at several companies that are selling stock at historic levels.
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slipped 4.8% off hours. The ski resort operator reported a smaller loss for the recent quarter.
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rose 6.9% premarket. The chip and software company’s earnings beat forecasts and it set a share-repurchase plan and raised its dividend.
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plunged 18% premarket. The camping and outdoor equipment maker reported a drop in net income during the recent quarter.
- Cvent added 2.5% premarket. The event-management software company began trading on Nasdaq Thursday following a digital makeover aimed at retooling the 22-year-old firm for the age of video conferences and virtual meetings.
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added 1.7% premarket. The warehouse retailer said sales rose in the most recent quarter, as it navigates rising costs and shipping snarls that mean some toys will reach its stores after Christmas.
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slipped 3.5%.
cut its price target for the stock to $50 a share from $112.
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dropped 9.5% ahead of the bell. The online pet-products supplier reported a 24% jump in quarterly sales, but still registered a net loss.
Chart of the Day
- The yuan has soared to multiyear highs against the dollar and other major currencies, reflecting strong demand for China’s exports and its financial assets, and prompting some pushback from the country’s central bank.
Write to James Willhite at james.willhite@wsj.com
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