U.S. stock futures are little changed after investors started the week on a positive note amid announcements of exemptions on some U.S. tariffs; Boeing (BA) stock is moving lower in premarket trading after China reportedly ordered carriers to not take deliveries of more jets; Netflix (NFLX) shares are rising on a report that the company revealed rosy financial projections to staff; Bank of America (BAC) shares are gaining after the financial giant topped first-quarter profit and revenue estimates; and Johnson & Johnson (JNJ) reported better-than-expected results and lifted its sales forecast for the fꦉull year. Here's what investors need to know today.
1. US 🐽Stock Futures Little Changed as Investors Watch Tariffs, Earnings
U.S. stock futures are little changed after indexes rose to start the trading week on news of some tech tariff exemptions. Nasdaq futures are 0.1% higher after the tech-focused index 澳洲幸运5官方开奖结果体彩网:gained 0.6% in the prior session. 澳洲幸运5官方开奖结果体彩网:S&P 500 futures and 澳洲幸运5官方开奖结果体彩网:Dow Jones Industrial Average futures are barely changed after both advanced by 0.8% Monday. Bitcoin (BTCUSD) is up 1% to trade at around $85,500, while the 10-year Treasury yield is ticking higher at ne🐽ar 4.4%. Oil futures are declining while gold futures are up slightly.
2. Boeing Stock👍 Falls as Beijing Reportedly Forbids Carriers From Accepti꧟ng Deliveries
Boeing (BA) stock is falling about 3.5% in premarket trading on a report that Chinese officials told its airlines 澳洲幸运5官方开奖结果体彩网:not to take deliveries of the American company's jets amid an escalating trade war with the U.S. After 澳洲幸运5官方开奖结果体彩网:President Donald Trump r🌠aised tari🅺ffs on Chinese imports to 145%, China responded with a 澳洲幸运5官方开奖结果体彩网:125% tariff on U.S. products, which Beijing argued now made Boeing planes too expensive, according to a Bloomberg report. China also ordered carriers to halt purchases of U.S.-made parts and equipment, the report said.
3. Netflix Stock Rises on Report of Rosy F⛄inanci🐷al Projections
Netflix (NFLX) shares are more than 2% higher in premarket trading after a report that the streaming giant has laid out a goal to double its revenue by 2030. The Wall Street Journal reported that executives shared the company's financial goals with senior staff in a meeting, which included reaching a market capitalization of $1 trillion and reaching $9 billion in global ad sales. Netflix, which currently has a market capitalization of around $400 billion, is 澳洲幸运5官方开奖结果体彩网:scheduled to🧜 report first-qu♛arter earnings Thursday.
4. Bank of America Stock G🦩aiཧns as Results Surpass Expectations
Bank of America (BAC) stock is rising almost 2% in premarket trading after the financial firm 澳洲幸🍌运5官方开奖结果体彩网:reported better-than-expected 🥃quarterly results. The banking giant recorded 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) of $0.90 on revenue of $27.37 billion. Analysts were projecting $0.82 and $26.80 billion, respectively, per Visible Alpha. CEO Brian Moynihan said the firm is well-positioned to continue growing even "though we potentially face a changing economy in the future." Entering Tuesday, Bank of America💝 shares had lost roughly 17% of their value this year.
5. Johnson & Johnson Tops Estimates, Raises FY Oper♏ational Sales Outlook
Johnson & Johnson (JNJ) reported 澳洲幸运5官方开奖结果体彩网:better-than-expected first-quarter🌄 results and lifted its operational sales forecast for the full year. The pharmaceutical and medical technology firm posted adj꧒usted EPS of $2.77 on revenue of $21.89 billion, ahead of Visible Alpha consensus estimates of $2.56 and $21.56 billion, respectively. The company lifted its projected 2025 operational sales range to $91.0 billion to $91.8 billion, up from $89.2 billion to $90.0 billion previously. Johnson & Johnson shares are down about 1% in premarket trading after entering Tuesday up about 7% this year.