Previous close | 0.7500 |
Open | 0.0500 |
Bid | 0.0000 |
Ask | 0.0500 |
Strike | 60.00 |
Expiry date | 2024-05-10 |
Day's range | 0.0100 - 0.0500 |
Contract range | N/A |
Volume | |
Open interest | 489 |
Reddit (RDDT) shares are surging this morning following the company's earnings release. The report, the first since its March IPO, showed a smaller loss than expected and revenue that jumped nearly 50% year-over-year. This morning, we will hear from several top names, including Uber (UBER), Shopify (SHOP), Affirm (AFRM), Toyota (TM), and Anheuser-Busch InBev (BUD). Yahoo Finance trending tickers include Upstart (UPST), Lyft (LYFT), and Block (SQ). Key guests include:9 a.m. ET - Brian Jacobsen, Annex Wealth Management Chief Economist and Strategist10:40 a.m. ET - Ray Mcguire, Lazard President11 a.m. ET - Lawrence Yun, National Association of Realtors Chief Economist11:20 a.m. ET - Dr. Vin Gupta, Amazon Pharmacy Chief Medical Officer
Here are some of the key events to watch for on Wednesday, May 8th. First quarter earnings season continues, with several companies scheduled to release their financial results, including Uber (UBER), Airbnb (ABNB), and AMC Entertainment (AMC). Additionally, Federal Reserve officials, including Fed Vice Chair Philip Jefferson, Boston Fed President Susan Collins, and Fed Governor Lisa Cook, will provide insight into inflation and the path for interest rates. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith
Anheuser-Busch InBev reported higher-than-expected revenue in the first quarter despite lower sales in the U.S. and China. The world’s largest brewer — whose brands include Budweiser, Stella Artois and Corona — said its revenue rose 2.6% to $14.5 billion. Volumes declined 0.6% for the quarter, the Leuven, Belgium-based company said.