Stock index futures surged Monday as reports surfaced that Senate negotiators struck a stopgap deal to end the record-breaking government shutdown. Here are four stocks to watch on the day:
CoreWeave (CRWV) shares will be closely watched as it will report its quarterly results after the bell on Monday, with the multibillion-dollar deals that it signed during the third quarter reaffirming strong AI demand and growth momentum. The AI cloud-computing firm is expected to report a Q3 adjusted loss per share of $0.36 and revenue of $1.28B, consensus estimates showed.
Plug Power (PLUG) stock will be under the radar as it releases its Q3 earnings results after the market close. Wall Street, on average, expects the electrical components and equipment company to post a quarterly EPS of -$0.13 on revenue of $176.06M (+1.4% Y/Y).
Tyson Foods (TSN) shares were up 3.6% in premarket trade after the protein company posted a mixed FQ4 earnings report and set favorable guidance. Revenue was up 2.1% from a year ago to $13.9 billion for the quarter that ended on September 27. Sales were up 3.3%, excluding the impact of a $653 million increase in legal contingency accruals.
monday.com (MNDY) shares tumbled about 19% before the opening bell after the company’s fourth-quarter revenue outlook came in below estimates. For the fourth quarter, monday.com expects total revenue to be between $328M and $330M (midpoint at $329M) versus consensus of $333.79M.