{"id":977,"date":"2023-02-16T08:17:18","date_gmt":"2023-02-16T13:17:18","guid":{"rendered":"https:\/\/embarrdowns.com\/us-futures-lower-ahead-of-cpi-and-earnings-reports\/"},"modified":"2023-02-16T08:17:18","modified_gmt":"2023-02-16T13:17:18","slug":"us-futures-lower-ahead-of-cpi-and-earnings-reports","status":"publish","type":"post","link":"https:\/\/embarrdowns.com\/us-futures-lower-ahead-of-cpi-and-earnings-reports\/","title":{"rendered":"US Futures Lower Ahead of CPI and Earnings Reports"},"content":{"rendered":"

This morning, US futures were trading slightly lower, with some of the stocks that may grab investor focus today including Avis Budget Group, Inc. (NASDAQ: CAR), Marriott International, Inc. (NASDAQ: MAR), Arista Networks, Inc. (NYSE: ANET), The Coca-Cola Company (NYSE: KO), Kraft Heinz (NASDAQ: KHC), Roblox (NYSE: RBLX), Shopify (NYSE: SHOP), Applied Materials (NASDAQ: AMAT), DoorDash (NYSE: DASH) and Hasbro (NASDAQ: HAS).[0]<\/a><\/sup> <\/p>\n

Avis Budget Group, Inc. reported better-than-expected results for its fourth quarter on Monday and its shares climbed 4.1% to $229.50 in the after-hours trading session.[0]<\/a><\/sup> Marriott International, Inc. is expected to have earned $1.89 per share on revenue of $5.47 billion for the latest quarter and its shares gained 0.3% to $174.88 in after-hours trading.[1]<\/a><\/sup> Arista Networks, Inc. reported upbeat results for its fourth quarter and issued strong Q1 sales forecast, and its shares gained 1.1% to $137.50 in the after-hours trading session.[0]<\/a><\/sup><\/p>\n

The Producer Price Index (PPI) of the Bureau of Labor Statistics for January is expected at 8.30 am ET, with the consensus at 0.4 percent.[2]<\/a><\/sup> The Core Producer Price Index (PPI), excluding food and fuel, is predicted to increase by 0.3% on a monthly basis and by 4.9% year-[3]<\/a><\/sup> The consumer price index for January is due out at 8:30 ET (13:30 GMT) and analysts expect the monthly reading to rise 1.8% from December after falling 1.1% the prior month.[1]<\/a><\/sup><\/p>\n

Meanwhile, Wall Street expects The Coca-Cola Company (NYSE: KO) to post quarterly earnings at $0.45 per share on revenue of $10.02 billion before the opening bell, while analysts expect Airbnb, Inc. (NASDAQ: ABNB) to post quarterly earnings at $0.25 per share on revenue of $1.86 billion after the closing bell.[1]<\/a><\/sup><\/p>\n

Stocks increased on Wednesday, despite the initial apprehension regarding interest rates, due to the higher-than-anticipated retail sales. Additionally, stocks rose on Monday as investors await the release of the consumer price index for January.<\/p>\n

0. <\/span>“Coca-Cola, Marriott International And 3 Stocks To Watch Heading Into Tuesday By Benzinga” Investing.com UK, 14 Feb. 2023, https:\/\/uk.investing.com\/news\/stock-market-news\/cocacola-marriott-international-and-3-stocks-to-watch-heading-into-tuesday-2913629<\/a><\/a><\/p>\n

1. <\/span>“Consumer prices, Coca-Cola, Travel earnings: 3 things to watch By Investing.com” Investing.com, 13 Feb. 2023, https:\/\/www.investing.com\/news\/stock-market-news\/consumer-prices-cocacola-travel-earnings-3-things-to-watch-3002096<\/a><\/a><\/p>\n

2. <\/span>“Wall Street Poised To Start Lower” RTTNews, 16 Feb. 2023, https:\/\/www.rttnews.com\/3344652\/wall-street-poised-to-start-lower.aspx<\/a><\/a><\/p>\n

3. <\/span>“5 things to know before the stock market opens Tuesday” CNBC, 14 Feb. 2023, https:\/\/www.cnbc.com\/2023\/02\/14\/5-things-to-know-before-the-stock-market-opens-tuesday-february-14.html<\/a><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

This morning, US futures were trading slightly lower, with some of the stocks that may grab investor focus today including Avis Budget Group, Inc. (NASDAQ: CAR), Marriott International, Inc. (NASDAQ: MAR), Arista Networks, Inc. (NYSE: ANET), The Coca-Cola Company (NYSE: KO), Kraft Heinz (NASDAQ: KHC), Roblox (NYSE: RBLX), Shopify (NYSE: SHOP), Applied Materials (NASDAQ: AMAT), DoorDash (NYSE: DASH) and Hasbro (NASDAQ: HAS).[0]<\/a><\/sup> <\/p>\n

Avis Budget Group, Inc. reported better-than-expected results for its fourth quarter on Monday and its shares climbed 4.1% to $229.50 in the after-hours trading session.[0]<\/a><\/sup> Marriott International, Inc. is expected to have earned $1.89 per share on revenue of $5.47 billion for the latest quarter and its shares gained 0.3% to $174.88 in after-hours trading.[1]<\/a><\/sup> Arista Networks, Inc. reported upbeat results for its fourth quarter and issued strong Q1 sales forecast, and its shares gained 1.1% to $137.50 in the after-hours trading session.[0]<\/a><\/sup><\/p>\n

The Producer Price Index (PPI) of the Bureau of Labor Statistics for January is expected at 8.30 am ET, with the consensus at 0.4 percent.[2]<\/a><\/sup> The Core Producer Price Index (PPI), excluding food and fuel, is predicted to increase by 0.3% on a monthly basis and by 4.9% year-[3]<\/a><\/sup> The consumer price index for January is due out at 8:30 ET (13:30 GMT) and analysts expect the monthly reading to rise 1.8% from December after falling 1.1% the prior month.[1]<\/a><\/sup><\/p>\n

Meanwhile, Wall Street expects The Coca-Cola Company (NYSE: KO) to post quarterly earnings at $0.45 per share on revenue of $10.02 billion before the opening bell, while analysts expect Airbnb, Inc. (NASDAQ: ABNB) to post quarterly earnings at $0.25 per share on revenue of $1.86 billion after the closing bell.[1]<\/a><\/sup><\/p>\n

Stocks increased on Wednesday, despite the initial apprehension regarding interest rates, due to the higher-than-anticipated retail sales. Additionally, stocks rose on Monday as investors await the release of the consumer price index for January.<\/p>\n

0. <\/span>“Coca-Cola, Marriott International And 3 Stocks To Watch Heading Into Tuesday By Benzinga” Investing.com UK, 14 Feb. 2023, https:\/\/uk.investing.com\/news\/stock-market-news\/cocacola-marriott-international-and-3-stocks-to-watch-heading-into-tuesday-2913629<\/a><\/a><\/p>\n

1. <\/span>“Consumer prices, Coca-Cola, Travel earnings: 3 things to watch By Investing.com” Investing.com, 13 Feb. 2023, https:\/\/www.investing.com\/news\/stock-market-news\/consumer-prices-cocacola-travel-earnings-3-things-to-watch-3002096<\/a><\/a><\/p>\n

2. <\/span>“Wall Street Poised To Start Lower” RTTNews, 16 Feb. 2023, https:\/\/www.rttnews.com\/3344652\/wall-street-poised-to-start-lower.aspx<\/a><\/a><\/p>\n

3. <\/span>“5 things to know before the stock market opens Tuesday” CNBC, 14 Feb. 2023, https:\/\/www.cnbc.com\/2023\/02\/14\/5-things-to-know-before-the-stock-market-opens-tuesday-february-14.html<\/a><\/a><\/p>\n","protected":false},"author":3,"featured_media":976,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47],"tags":[],"_links":{"self":[{"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/posts\/977"}],"collection":[{"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/comments?post=977"}],"version-history":[{"count":0,"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/posts\/977\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/media\/976"}],"wp:attachment":[{"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/media?parent=977"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/categories?post=977"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/tags?post=977"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}