U.S. stock futures are little changed after indexes again hit record highs to kick off December; U.S. Steel (X) shares drop after President-elect Donald Trump reiterates his opposition to Nippon Steel's takeover bid; BlackRock (BLK) buys HPS Investment Partners for $12 billion in stock; Salesforce (CRM) is expected to report earnings and revenue growth after markets close; and a judge again rules against the $50 billion pay package for Tesla (TSLA) CEO Elon Musk. Here's what investors need to k🎉now todไay.
1. US Stock Futures Flat After S&am🌄p;P 500, Nasdaq Hit All-Time Highs
澳洲幸运5官方开奖结果体彩网:S&P 500 and Nasdaq futures are little changed after 澳洲幸运5官方开奖结果体彩网:each index closed Monday trading at an all-time high. 澳洲幸运5官方开奖结果体彩网:Dow Jones Industrial Average futures also are near flat after the index slipped 0.3% in the prior session. Investors will be watching today's release of the 澳洲幸运5官方开奖结果体彩网:October job openings report, which comes ahead of Friday’s closely watched U.S. employment report for November. Bitcoin (BTCUSD) is trading around $95,000, crude futures are up, gold futures are lower, an💙d 10-year Treasury yields are slightly higher.
2. U.S. Steel Stock Stumbles ꦯAfter 👍Trump Again Promises To Block Nippon Deal
U.S. Steel (X) stock is 7% lower in premarket trading as President-elect Donald Trump 澳洲幸运5官方开奖结果体彩网:vowed to block Nippon Steel's planned $14 billion acquisition of its American rival. In a post on Truth Social, Trump reiterated his previous opposition to the deal, which has also faced push back from President Joe Biden. U.S. Steel 澳洲幸运5官方开奖结果体彩网:Chief Executive Officer (CEO) David Burritt has said that wit꧃hout the promised $3 billion promised by Nippon Steel if the deal passes, the company would have to clo🍌se plants and move out of its headquarters in Pittsburgh.
3. Blac♔kRock To Acquire HPS Investment Partners for $🦄12 Billion in Stock
澳洲幸运5官方开奖🎉结果体彩网:Global investmentಞ management firm BlackRock (BLK) said it would acquire HPS Investment Partners for about $12 billion in stock. BlackRock said the deal will help it "deliver integrated solutions across public and private markets," pointing to the $148 billion in client assets that HPS Investment Partners has under management. BlackRock shares initially dropped in premarket trading but recently turn🌸ed slightly h𒆙igher.
4. Salesforce To Report Q3 Earnings After Bell
Salesforce (CRM) stock is little changed in premarket trading as 澳洲幸运5官方开奖结果体彩网:investors await the software firm's third-quarter earnings release 澳洲幸运5官方开奖结果体彩网:after markets close today. Analysts surveyed by Visible Alpha expect Salesforce to deliver Q3 revenue of $9.35 billion, a 7% year-over-year increase, and profit of $1.41 billion or $1.45 per share, up fܫrom $1.22 billion or $1.25 per shareܫ. Of the 24 analysts covering the stock tracked by Visible Alpha, 19 have a "buy" rating, while five have "hold" ratings.
5. Judge Again Strikes Down Tesla CEO Musk's Pay Package
A Delaware judge for a second time 澳洲幸运5官方开奖结果体彩网:moved to strike down a multibillion-dollar pay package for Tesla (TSLA) CEO Elon Musk. The decision upholds an earlier ruling invalidating the package, which was valued above $50 billion. That decision was followed in June by a shareholder vote to 澳洲幸运5官方开奖结果体彩网:approve the pay package. "The court's decision is wrong, and we're going to appeal," Tesla said on X, the social platform owned by Musk. Tesla shares are down less than 1% in premarket trading.