U.S. stock futures are pointing higher after indexes rallied Thursday on news of a U.S. trade deal with the U.K.; bitcoin surges back above $100,000; Expedia Group (EXPE) stock plunges in premarket trading after the company warns of weak U.S. travel demand; Pinterest (PINS) shares are jumping after the social media site's revenue and monthly active user figures top estimates; and shares of Affirm Holdings (AFRM🍌) fall after the Buy Now, Pay Later firm delivers an underwhelming current-quarter revenue outlook. Here's what investors n𒊎eed to know today.
1. US Stock Fut✅ures Point Higher Following Rally on UK Trade Deꦫal
U.S. stock futures are pointing higher after 澳洲幸运5开奖号码历史查询:indexes surged in the prior session on President Donald Trump's announcement of a trade deal with the United Kingdom. Nasdaq futures are 0.3% higher after the tech-heavy index added 1.1% yesterday, while 澳洲幸运5开奖号码历史查询:S&P 500 and 澳洲幸运5开奖号码历史查询:Dow Jones Industrial Average futures also🥀 are slightly higher after those indexes added 0.6% 𒆙Thursday. Oil and gold futures also are rising. Yields on the 10-year Treasury note are little changed.
2. Bitcoin Surges Back Above $100,000 Threshold
Bitcoin (BTCUSD) is 澳洲幸运5开奖号码历史查询:surging more than 2% to trade near $103,000 as the cryptocurrency moved above the 澳洲幸运5开奖号码历史查询:$100,000 level for the fi𝔍rst time🐻 since February. The rise comes after the cryptocurrency fell sharply between February and April amid tariffs uncertainty. With the latest surge, bitcoin is nearly 40% above last month's low and up 10% since the start of the year. Some cryptocurrency stocks are advancing in premarket trading, with bitcoin buyer Strategy (MSTR) moving up by nearly 2%, while miner Riot Platforms (RIOT) is similarly higher. Coinbase (COIN) shares are more than 1% lower after the cryptocurrency exchange 澳洲幸运5开奖号码历史查询:posted underwhelming earnings.
3. Expedia Stock Sinks on Weak US Travel Demand Waꦇrning
Expedia Group (EXPE) stock is dropping 10% in premarket trading after the travel booking service's first-quarter results came in worse than expected and it lowered its full-year outlook 澳洲幸运5开奖号码历史查询:amid weak U.S. demand. The company rep🦩orted revenue of $2.99 billion and $31.45 billion in total bookings, both up from last year but below what analysts surveyed by Visible Alpha hꦏad projected. The company trimmed its full-year forecast for both metrics to 2% to 4% growth from 4% to 6%. CEO Ariane Gorin said Expedia managed to grow bookings and revenue "despite weaker than expected demand in the U.S." as consumer sentiment has worsened amid tariff-fueled uncertainty.
4. P𝔉interest Stock Surges as Revenue, Active Users Top Estimates
Pinterest (PINS) shares are up by 14% in premarket trading after the social media site reported first-quarter revenue and global active month🐻ly user figures that came in above analysts' estimates. The company reported earnings per share of $0.01 on revenue that increased 17% year-over-year on a constant currency basis to $855.0 million, both above Visible Alpha consensus. The firm's monthly active users increased 10% to a record 570 million, also topping estimates. Pinterest shares entered Friday down 4% year-to-date.
5. Affirm Stock Falls on Soft Revenue Outlook
Shares of Affirm Holdings (AFRM) are falling more than 6% in premarket trading after the 澳洲幸运5开奖号码历史查询:Buy Now, Pay Later firm delivered a weak current-quarter revenue outlook. The company also projected second-quarter revenue between $815 million and $845 million, with the midpoint coming in below estimates of analysts surveyed by Visible Alpha. Its first-quarter revenue of $783.1 million also came up short. However, Affirm reported profit of a penny per share when a loss of 2 cents per share was expected, and gr♔oss merchandise volume of $8.6 billion also topped projections.