U.S. inventory futures are edging largely larger as market contributors deal with tech shares and company earnings; Honeywell (HON) broadcasts a cut up of its automation, aerospace, and superior supplies divisions into three firms; Qualcomm (QCOM) shares are declining in premarket buying and selling as its licensing income is available in beneath expectations; Eli Lilly (LLY) beats adjusted revenue estimates however misses them on weight-loss drug gross sales; and buyers are watching Amazon (AMZN) for alerts on the retail sector forward of its report later at present. This is what buyers have to know at present.
1. US Inventory Futures Edging Largely Increased as Buyers Await Extra Earnings
U.S. inventory futures are edging largely larger as buyers await extra company earnings. Dow Jones Industrial Common futures are ticking larger after features from Nvidia (NVDA) pushed the blue chip index larger by 0.7% Wednesday. Nasdaq and S&P 500 are barely larger and decrease, respectively after posting modest features yesterday. Bitcoin (BTCUSD) is up 2% to commerce close to $99,000. Yields on the 10-year Treasury observe and oil futures are larger, whereas gold futures are little modified.
2. Conglomerate Honeywell to Break up into Three Corporations
Honeywell (HON) has introduced it will transfer to separate its Automation, Aerospace Applied sciences, and Superior Supplies divisions into three separate firms by the second half of 2026. Honeywell additionally reported fourth-quarter income and adjusted earnings per share (EPS) that beat Seen Alpha consensus estimates, however its GAAP revenue got here in wanting expectations. Shares are down 1% in premarket buying and selling.
3. Qualcomm Inventory Falls as Licensing Income Comes Up Wanting Estimates
Qualcomm (QCOM) shares are dropping by 4% in premarket buying and selling after the chipmaker reported lower-than-expected licensing income regardless of posting file gross sales. The corporate reported a 17% year-over-year soar in income to $11.67 billion and revenue of $3.18 billion, or $2.83 per share, each topping Seen Alpha estimates. However the income the corporate will get from licensing merchandise to firms like Apple (AAPL) got here in at $1.54 billion, a tick beneath estimates.
4. Eli Lilly Adjusted Revenue Tops Estimates; Weight-Loss Drug Gross sales Fall Brief
Eli Lilly (LLY) shares are about 1% larger in premarket buying and selling after the drugmaker’s adjusted revenue got here in above estimates, regardless of reporting largely worse-than-expected fourth-quarter outcomes. The corporate reported internet earnings of $4.41 billion, or $4.88 per share, on income of $13.53 billion, beneath Seen Alpha estimates. Adjusted EPS of $5.32 topped expectations of $5.11. Gross sales of the corporate’s blockbuster weight-loss medicine Mounjaro and Zepbound grew to $3.53 billion and $1.91 billion, respectively, beneath projections.
5. Amazon Anticipated to Report Robust Gross sales After Bell
Amazon (AMZN) is scheduled to report fourth-quarter outcomes after markets shut at present, and the “Magnificent 7” member is predicted to put up robust gross sales following a record-breaking vacation buying season. All 27 analysts overlaying the inventory tracked by Seen Alpha have a “purchase” or equal ranking, giving it a consensus value goal of $259, about 10% larger than Wednesday’s shut. The tech titan is predicted to report 10% year-over-year income development, setting the stage for upcoming reviews from different main retailers like Walmart (WMT), Costco (COST), and Goal (TGT).