(Updated with index futures, cryptoasset-related stock forecourts, Apple, Hewlett Packard Enterprise, Biogen, NetApp)
PARIS, November 30 (Reuters) –
Top stocks to watch on Wednesday on Wall Street, where futures on major indices suggest an open higher by
0.06% for the Dow Jones, 0.16% for the Standard & Poor’s 500 and 0.31% for the Nasdaq:
* APPLE ahead of 0.6% in pre-market thanks to a resumption of activities on the Foxconn site in Zhengzhou, China, where some of the iPhones are produced.
* TESLA gains 1% in premarket trading in response to data released by China Merchants Bank International which shows the US automaker’s sales nearly doubled in China in November year on year as Model 3 and Model Y prices fell .
* Chinese groups listed on Wall Street such as ALIBABA GROUP HOLDING, PINDUODUO, JD.COM and even XPENG rose from 3% to 10.5% on the market after the easing of COVID-19 measures on Wednesday in several districts of the city of Canton, in southern China.
* Values linked to crypto-assets RIOT BLOCKCHAIN, MARATHON DIGITAL, HUT 8 MINING, BIT DIGITAL and CORE SCIENTIFIC rise in the forefront from 1.1% to 7.3% in the wake of bitcoin’s rise which hit a peak on Wednesday two-week mark at $17,072, closing in on its 200-day moving average.
* BOEING takes about 1% ahead of the market, the aircraft manufacturer having received the support of the chairman of the Committee on Commerce in the United States Senate, Maria Cantwell, concerning its request for an extension of the certification of two models of its 737 MAX .
* HEWLETT PACKARD ENTERPRISE advances by 1.7% in pre-market after having published a quarterly turnover better than expected and announced to anticipate for the current quarter revenues above expectations.
* INTUIT fell 1.1% in out-of-hours trading, as the accounting software maker said it expected revenue for fiscal 2023 to fall below Wall Street expectations.
* BIOGEN rose 4.0% on the market after positive results in a clinical trial of its experimental treatment for Alzheimer’s disease, developed in collaboration with the Japanese group Eisai.
* HORIZON THERAPEUTICS jumped 31% in out-of-hours trading after news broke of preliminary talks with AMGEN, Sanofi and Janssen Global Services, a subsidiary of JOHNSON & JOHNSON, for its takeover.
* NETAPP plunges 10.8% in pre-market trading, with the cloud computing group forecasting revenue for its fiscal third quarter of between $1.53 billion and $1.68 billion against a Refinitiv consensus of 1, $71 billion.
* WORKDAY takes 6.1% in after-hours trading after reporting third-quarter adjusted profit that beat analysts’ expectations and announcing a new $500 million share buyback plan. (Written by Claude Chendjou, edited by Kate Entringer)