Futures edge higher as Big Tech earnings take centre stage

Published by
Reuters

By Devik Jain (Reuters) – U.S. stock index futures edged higher on Monday as investors geared up for earnings reports from heavyweight technology companies this week, while PayPal jumped after it said it was not interested in buying Pinterest. Tesla Inc rose 2.6% in premarket trading after the electric-car maker raised prices of its Model X, Model S variants by $5,000, while Morgan Stanley boosted its price target on the stock to $1,200 from $900. Facebook Inc will kick off quarterly results for mega-cap growth names after markets close on Monday, with investors fearing the social media giant’…

Read More

Leave a Reply