Heres what’s grabbing attention before the stock exchange commences:
1. **Futures Indicate a Negative Session:** American stock futures are showing losses, suggesting a possibly feeble conclusion to the week. This arises following the S\&P 500 and Dow Jones Industrial Average futures both declining marginally, even though they are still positioned for weekly increases. Nasdaq futures are also declining, possibly interrupting a four-week victorious run.
2. **FedEx Stumbles:** FedEx’s stock is experiencing a blow in pre-market trading, plummeting a considerable 8%. The delivery titan’s quarterly earnings did not meet forecasts, and they have diminished their full-year prediction. They are currently forecasting unchanged or somewhat reduced income for the year.
3. **Nike’s Sales Caution:** Nike’s stock is additionally under duress owing to an alert regarding prospective sales decreases.
Nikes equities are experiencing a decline in pre-market trading, plummeting by 6%, following the firm’s caution that revenue may decrease as a result of its restructuring strategies and new levies, which contribute to instability. According to AlphaSense, CFO Matt Friend informed shareholders that they anticipate sales to decrease by a low-teen percentage this quarter, while Visible Alpha predicted a 12% decrease. Nike’s stock has already decreased by about 30% over the previous year.
Despite exceeding forecasts and providing a favorable prognosis, Micron Technology’s stock is down 3.5% in pre-market trading. The chipmaker reported adjusted profits of $1.56 per share and revenue of $8.05 billion for the second fiscal quarter, outperforming Visible Alpha’s projections, owing to robust AI demand. Data center sales tripled year over year. Micron’s forecast for the current quarter’s adjusted profits and revenue also surpassed expectations.
Heathrow Airport, one of the busiest in the world, was closed on Friday due to a power outage caused by a fire at a neighboring substation. The airport operator stated that the hub would remain closed until 11:59 PM local time (7:59 PM ET). FlightRadar24 data indicates that the closure has caused widespread disruption, with over 1,350 flights canceled today.
Toncoin (TON) Value Forecast for March 26th
