By Bayo
Good morning moomooers! Here are things you need to know before the opening bell:
Stock futures little changed after major averages post first positive session in three
Stocks making the biggest moves in the premarket: American Airlines, Teradata & more
Market Snapshot
U.S stock index futures were muted in early morning trading on Thursday, largely holding on to the major averages' gains from the Wednesday session.
Futures contracts tied to the Dow Jones Industrial Average shed just 6 points. S&P 500 futures and Nasdaq 100 futures both traded around the flatline.
Source: Bloomberg
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Stocks making the biggest moves in the premarket: American Airlines, Teradata & more
$Teradata Corp(TDC.US)$ – Share of the database and analytics software provided soared 27.1% in premarket trading after it presented preliminary first-quarter data that was well above its prior earnings guidance. Teradata continues to benefit from its ongoing growth in cloud computing.
$American Airlines Group Inc(AAL.US)$ – The airline lost $4.32 per share for the first quarter, one cent a share wider than consensus estimates. The stock rallied 3.6% premarket after American said its cash flow turned positive by the end of the quarter, excluding debt payments.
Top News
Biden administration moves to unwind Trump auto-emissions policy
The Biden administration is moving to end a legal battle with California over the state's authority to regulate motor-vehicle emissions, setting the stage for stricter regulations on the auto industry.
Endeavour Vision Closes Latest Medtech Growth Fund at $375 Million
The Swiss venture firm targets commercial-stage medical-technology investments.
Silicon Valley's deal machine is cranking
Years into a boom for venture capital, deal flow and valuations are reaching new peaks, and among the biggest beneficiaries are the companies vying to become the next big social-media platform.
Biotech stocks fall out of favor after disappointing trial results, big rally
Biotech shares have plummeted over the past two months, stung by setbacks in clinical trials and a rotation away from growth stocks.
Australia Issues Draft Guide on Climate Change's Financial Risks
Australia's prudential regulator has released a draft guide to banks, insurers and superannuation trustees on managing financial risks associated with climate change, but hasn't created any new requirements for the finance industry.
Source: CNBC, Dow Jones Newswires, Bloomberg
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