Stock market today: Dow, S&P 500, Nasdaq futures rise after jobs report as Tesla jumps on Musk-Trump detente
Here are some top stocks trending on Yahoo Finance in premarket trading:
Broadcom (AVGO) stock fell 3% in premarket trading on Friday, after the tech company, which makes semiconductors, failed to impress Wall Street with it’s third-quarter revenue forecast. Despite investors being bullish on chip stocks amid the artificial intelligence boom, the results failed to excite.
“High expectations drove a bit of downside,” Bernstein analyst Stacy Rasgon said in a note.
Tesla (TSLA) stock rebounded on Friday and rose 4% in premarket trading after closing 14% down the day before. The war of words between CEO Elon Musk and President Trump cooled amid a report that White House officials were organising a call between the two leaders.
lululemon athletica inc. (LULU) shares plunged 20% on Friday before the bell after the sports company warned profits would be hit amid what it called a “dynamic macro-environment.”
DocuSign (DOCU) stock fell 18% in premarket trading on Friday after reporting a rise in its profit and revenue, however, the company now expects to bring in less money from company contracts.