U.S. stock futures are little changed as investors digest corporate earnings and watch for more inflation data; the Producers Price Index is expected to show that inflation increased at the wholesale level in January; Honda Motor (HMC) and Nissan Motor end merger discussions that would have united the Japanese automakers; Reddit (RDDT) shares are plunging in premarket trading after the social media platform reported user growth that came in below analysts' estimates; Cisco Systems (CSCO) stock is jumping after the tech equipmen꧃t maker beat earnings estiꩲmates and raised its revenue growth forecast. Here's what investors need to know today.

1. US Stock Futures Little🍒 Cꦆhanged Before More Inflation Data

U.S. stock futures are little changed as investors prepare for more inflation data today and 澳洲幸运5官方开奖结果体彩网:another round of earnings. 澳洲幸运5官方开奖结果体彩网:Dow Jones Industrial Average and 澳洲幸运5官方开奖结果体彩网:S&P 500 futures are near flat after the indexes 澳洲幸运5官方开奖结果体彩网:posted declines yesterday, while Nasdaq futures also are little changed after the tech-focused index ticked higher Wednesday. Bitcoin (BTCUSD) is down 2%, wꦏhile yields on the 10-year Treasury note are slightly lower. Oil futures are lower but gold futures are higher.

2. Wholesale Inflation Expected t🔴o🅠 Have Risen in January

Inflation data released today at 8:30 a.m. ET is predicted to show price pressures at the wholesale level increased in January. The 澳洲幸运5官方开奖结果体彩网:Producer Price Index (PPI) is expected to show that wholesale prices grew by 0.3% in the month, up from December's monthly increase of 0.2%, according to a survey of economists by The Wall Street Journal and Dow Jones Newswires. The data release comes a day after the 澳洲幸运5官方开奖结果体彩网:Consumer Price Index (CPI) indicated that 澳洲幸运5官方开奖结果体彩网:inflation grew at the retail level in January.

3. Jꦺapanese Automakers Honda, Nissan Call Off Merger

Japanese automaker Honda Motor's (HMC) U.S.-listed shares are roughly 2% higher in premarket trading after 澳洲幸运5官方开奖结果体彩网:merger plans with its domestic rival Nissan Motor were called off. The companies, along with Nissan-controlled Mitsubishi Motors, 澳洲幸运5官方开奖结果体彩网:said they ended plans for a "tripartite collaboration" but didn’t provide a reason for ending the deal. The Financial Times had reported the deal was in jeopardy after 澳洲幸运5官方开奖结果体彩网:Honda unexpectedly proposed a new structure that would have made Nissan a fully owned subsidiary. The tꦛwo initial💫ly had agreed on a 50-50 partnership.

4. Reddit Stock Plummets Aft🌟er User Growtꦫh Disappoints

Share of Reddit (RDDT) are sinking more than 10% in premarket trading after the social media site's fourth-quarter 澳洲幸运5官方开奖结果体彩网:user growth fell short of estꦏimates. Reddit reported revenue growth of 71% year-over-year to $427.7 million, above the Visible Alpha consensus. Net income and the company's current-quarter revenue growth forecast also come in above expectations. However, Reddit's 101.7 million daily active users in Q4 fell short of expectations despite growing 39%.

5. Cisco Stock Jum🎐ps on Earnings, Improved Revenue Outlook

Shares of Cisco Systems (CSCO) are more than 6% higher in premarket trading after the networking equipment maker 澳洲幸运5官方开🎀奖结果体彩网:beat estimates for quarterly earnings and upped its full-year outlook. The tech firm reported revenue of $14 billion, up 9% year-over-year, while its adjusted 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) rose to $0.94 from $0.87. Both topped Visible Alpha estimates. Cisco also raised its full-year revenue and adjusted EPS forecasts.