Stock index futures pointed higher on Thursday as investors welcomed President Donald Trump’s decision to hold off on tariffs for critical minerals and his confirmation that he has no plans to dismiss Federal Reserve Chair Jerome Powell. Here are four stocks to watch on the day.
Verizon (VZ) fell 0.36% in premarket trading after the telecommunications giant said it has restored network services following a major nationwide outage on Wednesday that affected thousands of customers. Over 171,000 reports were logged on DownDetector, primarily involving loss of mobile signal.
Boston Scientific (BSX) dropped 5.06% before the opening bell after the company said it will acquire Penumbra in a cash and stock transaction that values the Alameda-based heart device maker at approximately $14.5 billion, including debt. The total transaction consideration will be paid in roughly 73% cash and 27% in shares.
Goldman Sachs (GS) slipped 1.37% in premarket trade after the bank’s Q4 earnings beat the consensus estimate, but revenue missed Wall Street expectations. The shortfall was attributed to markdowns related to its pending sale of the Apple credit card portfolio to JPMorgan Chase. Q4 GAAP EPS of $14.01 topped the average analyst estimate of $11.65 and rose from $12.25 in Q3 and $11.95 in Q4 2024.
Morgan Stanley (MS) gained 0.40% before the opening bell after reporting Q4 earnings that beat the average analyst estimate. The results were supported by solid revenue growth from its wealth management and investment management units, with investment banking revenue in institutional securities jumping 47% year over year.