
Alistair Berg
Wall Street is poised for a green open, with stock index futures up after Friday’s sell-off driven by the latest jobs data coming in much cooler than expected. Here are four stocks to watch for:
Palantir (PLTR) stock will be keenly watched as the company will release its second-quarter results after the market close. Analysts expect earnings per share of $0.14, reflecting a 55.6% year-over-year increase, and revenue of $939.47 million, up 38.5% from the same period last year.
Tyson Foods (TSN) shares rose 4% in premarket trade after the protein company topped expectations with its FQ3 earnings report. Revenue was up 4.0% from a year ago to $13.9 billion for the quarter that ended on June 28. Adjusted EPS was reported at $0.91 vs. $0.78 consensus and $0.87 a year ago.
Class A shares of Lyft (LYFT) stock rose 3.4% before the opening bell as it entered into a strategic partnership with Chinese tech firm Baidu (BIDU) to deploy autonomous rides across Europe. Under the deal, Lyft will deploy Baidu’s Apollo Go RT6 autonomous vehicles in key European markets through its platform, with initial rollouts planned for Germany and the UK in 2026, pending regulatory approval.
Berkshire Hathaway (BRK.B) shares were down 0.8% in premarket trade as the company posted a nearly 4% decline in quarterly operating profit, hurt by soft insurance underwriting earnings and a $3.8B hit to its stake in ketchup giant Kraft Heinz. This is the Omaha, Neb.-based giant’s first quarterly report since famed top boss Warren Buffett said he would be stepping down as CEO at the end of the year.
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