U.S. stock futures are little changed after indexes struggled to rebound Monday from last week's selloff; bitcoin (BTCUSD) is sinking as the cryptocurrency falls to its lowest level since November, taking crypto-related stocks with it; Home Depot (HD) results top estimates but it issues a soft outlook; Super Micro Computer (SMCI) shares are up ahead of its deadline to file financial reports with the Nasdaq; and consumer products giant Unilever (UL) parts ways with its CEO after🌞 less than two years in the position. Here's what investors need to know today.
1. US Stock Futures Little Cha൩nged After Indexe🐎s Struggle to Rebound Monday
U.S. stock futures are little changed as indexes 澳洲幸运5官方开奖结果体彩网:struggled to rebound from last week's selloff on Monday. 澳洲幸运5官方开奖结果体彩网:S&P 500 futures are edging lower after the benchmark index notched its 澳洲幸运5官方开奖结果体彩网:third consecutive losing session. Nasdaq futures are 0.3% lower after falling 1.2% yesterday, while 澳洲幸运5官方开奖结果体彩网:Dow Jones Industrial Average futures are ticking higher. Investors are 澳洲幸运5官方开奖结果体彩网:watching for economic data on home prices and consumer confidence today. Yields on the 10-year Treasury note are falling to around 4.🍬3%, and gold and oil futures also are lower.
2. Bitcoin Plunges to Below $90,000, Dragging Cry൲pto S🔥tocks Lower
Bitcoin (BTCUSD) is falling 2.5% to trade below $90,000, its lowest level since November, and is sparking a drop in crypto-related stocks. Shares of 澳洲幸运5官方开奖结果体彩网:Bitcoin buyer Strategy (MSTR), formerly called MicroStrategy, are down about 5% in premarket trading after declining nearly 6% yesterday. Crypto brokerage Coinbase (COIN) and online broker Robinhood (HOOD) are down by about 4%. Bitcoin mining firms Mara Holdings (MARA) and Riot Platforms (RIOT) also are roughly 4% lower.
3. Home D🍰epot Results Top Estimates But Retailer Issues 🌺Soft Outlook
Home Depot (HD) posted fourth-quarter results that 澳洲幸运5官方开奖结果体彩网:topped analysts' estimates but 澳洲幸运5官方开奖结果体彩网:issued a soft outlook. The company reported adjusted 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) of $3.13 on revenue of $39.70 billion. Analysts polled by Visible Alpha had expected $3.03 and $39.12 billion, respectively. However, the retailer forecast 2025 total sales growth, comparable store sales, and adjusted EPS that came in lower than consensus estimates. Shares edged higher in premarket trading after initially declining following the report.
4. Supermicro Stock Ris𓂃es Ahead of Nasdaq Fꦇiling Deadline
Super Micro Computer (SMCI) shares are up 3% in premarket trading ahead of its deadline today to submit delayed financial reports. Failure to meet today's deadline could result in a delisting of the company's stock from the Nasdaq. Last year, the server maker announced that it wasn't able to file its 澳洲幸运5官方开奖结果体彩网:Form 10-K for fiscal 2024 because of the accounting questions, though an independent investigation 澳洲幸运5官方开奖结果体彩网:found no misconduct in the company’s accounting practices. Earlier this month, the firm said it 澳洲幸运5官方开奖结果体彩网:expected to meet the deadline.
5. Unilever Parts Ways With CEO
Consumer goods giant Unilever (UL) said that 澳洲幸运5官方开奖结果体彩网:Chief Executive Officer (CEO) Hein Schumacher was 澳洲幸运5官方开奖结果体彩网:stepping down after less than two years in the role. Schumacher will be replaced by 澳洲幸运5官方开奖结果体彩网:Chief Financial Officer (CFO) Fernando Fernandez. UBS analysts called the move by the Dove soap and Hellmann's mayonnaise maker "unexpected." Unilever's U.S.-listed shares, which had risen 11% over the past 12 months entering Tuesday, slipped about 1% in premarket trading.