(Updated with index futures, Eli Lilly, General Electric, pre-market prices)
PARIS, March 8 (Reuters) –
Main stocks to follow Friday on Wall Street, where futures contracts on the main indices suggest an opening down 0.39% for the Dow Jones, 0.19% for the Standard & Poor’s 500 and 0.31% for Nasdaq
* BROADCOM announced Thursday evening that it anticipates a turnover of 10 billion dollars for this year from chips designed for artificial intelligence. The group, however, did not update its annual forecast of global turnover of $50 billion, which disappointed investors, causing the stock to fall 2.5% in pre-market trading.
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* MARVELL TECHNOLOGY lost 5.8% in pre-market trading following the publication by the semiconductor group of quarterly turnover lower than market expectations in a context particularly of weak demand on its markets. wireless infrastructure.
* CHIP SECTOR – China is preparing a fund of more than $27 billion intended to accelerate the development of cutting-edge technologies in order to counter American restrictions in this area, the Bloomberg agency reported on Friday.
* GAP jumped 6.4% in pre-stock market trading after the ready-to-wear group published fourth-quarter results above expectations thanks to the dynamism of the Gap and Old Navy brands in a context of recovery in retail sales .
* COSTCO WHOLESALE fell 4% in pre-market trading after publishing fourth-quarter sales below expectations.
* BOEING announced Thursday evening that it was reviewing the way it pays bonuses to its employees in order to place greater emphasis on quality and safety, with this year’s operational objectives focused exclusively on these two elements.
* ELI LILLY lost 1.2% in pre-stock market trading, as the FDA, the health authority in the United States, postponed for several months the announcement of its opinion on donanemab, an experimental treatment for patients suffering from early-stage Alzheimer’s disease.
* TAPESTRY, CAPRI HOLDINGS – European competition authorities will decide by April 15 whether or not they authorize Tapestry, parent company of Coach, to buy Capri Holdings, owner of the Michael Kors and Versace brands, as part of a transaction of 8.5 billion dollars, shows an opinion from the European Commission.
* UNITEDHEALTH GROUP announced Thursday evening that its online platform for its pharmacy services was fully operational again following a February 21 cyberattack on its Change Healthcare technology division.
* GOLDMAN SACHS announced on Friday its intention to exit commercial banking in Japan, a sector it launched in April 2023 and which provides treasury services including deposits, cash management and cross-border payments.
* DOCUSIGN climbs 10% in pre-stock market trading, the specialist in virtual document signing forecasting a total annual turnover of between 2.92 and 2.93 billion dollars, higher than analysts’ forecasts (2.91 billion dollars), according to LSEG data.
* GENERAL ELECTRIC gains 1% after JPMorgan’s recommendation was raised from “neutral” to “overweight”.
(Writing by Claude Chendjou, edited by Kate Entringer)
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