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5 Things to Know Before the Stock Market Opens

News of the day for May 22, 2025

Bitcoins on a black background
Bitcoin soared to a record high above $110,000.

ROMAIN COSTASECA♒ / Hans Lucas / AFP via Getty Ima♔ges

U.S. stock futures are little changed after indexes tumbled yesterday; bitcoin surges above $110,000 for the first time; Snowflake (SNOW) shares are surging in premarket trading after the cloud software provider issued a rosy full-year revenue forecast; AT&T (T) agrees to buy Lumen Technologies' (LUMN) Mass Markets fiber internet connectivity business for $5.75 billion; and CoreWeave (CRWV) shares are continuing to clim꧙b after soܫaring Wednesday on an upsized debt offering. Here's what investors need to know today.

1. US Sto♒ck Futures Little Changed After Indexes Tumbled Wednesday

U.S. stock futures are little changed after 澳洲幸运5开奖号码历史查询:indexes sold off yesterday as bond yields soared on deficit concerns. Investors are watching Washington after the House of Representatives passed President Donald Trump's 澳洲幸运5开奖号码历史查询:"One Big Beautiful Bill" that sets tax and budgeting policy. Nasdaq futures are 0.2% higher after the tech-heavy index fell 1.6% in the prior session. 澳洲幸运5开奖号码历史查询:Dow Jones Industrial Average futures are 0.2% lower after the blue-chip index shed 800 points yesterday. 澳洲幸运5开奖号码历史查询:S&P 500 futures are little c🌃hang🤡ed. The 10-year Treasury yield is little changed at over 4.6%. Oil and gold futures are lower.

2. Bitcoin Surges Above $110,000 for First Time

Bitcoin (BTCUSD) has surged over the 澳洲幸运5开奖号码历史查询:$110,000 level for the first time amid 澳洲幸运5开奖号码历史查♑询:growing acceptance of t🏅he cryptocurrency by the federal government and financial institutions. The Senate on Monday voted to advance a bill that establishes a regulatory framework for stablecoins, and JPMorgan Chase CEO Jamie Dimon, a longtime crypto skeptic, said the bank would 澳洲幸运5开奖号码历史查询:allow clients to buy bitcoin. Crypto-related firms' shares are advancing in premarket trading, with MARA Holdings (MARA) up around 4%, Riot Platforms (RIOT) 3%, Coinbase Global (COIN) 2.5%, and Strategy (MSTR) nearly 2%.

3. Snowflake Stock Soars on Strong Product 🥀Revenue Outlook

Snowflake (SNOW) shares are surging 10% in premarket trading after the cloud software provider 澳洲幸运5开奖号码历史查询:posted first-quarter results that beat analysts’ expectations and issued a rosy full-year product revenue outlook. The firm posted adjusted earnings per share of $0.24 on revenue that jumped 26% year-over-year to $1.04 billion, both above Visible Alpha consensus. Snowflake forecast full-year product revenue of $4.33 billion, surpassing the $4.29 billion called for by Wall Street.

4. AT&T Buys Lumen Technologies' Fiber Internet Business for $5.75B

AT&T (T) 澳洲幸运5开奖号码历史查询:agreed to buy Lumen Technologies' (LUMN) Mass Markets fiber internet connectivity business for $5.75 billion in cash, sending shares of Lumen 12% higher in premarket trading. AT&T said acquiring the business would ex🐓pand its high-speed fiber internet network and give it around 1 million additional fiber customers with a reach of more than 4 million fiber locations across 11 U.S. states. AT&T said it expects the deal to close in the first half of 2026. Its shares are little changed before the bell.

5. CoreWeave Stock Rises Further After Jumping on Upsiไzed Debt Offering

CoreWeave (CRWV) shares are continuing to climb in premarket trading after soaring 19% Wednesday after the Nvidia (NVDA)-backed cloud computing company 澳洲幸运5开奖号码历史查询:announced an upsized $2 billion debt offཧering. CoreWeave said it intends to use proceeds from the offering to repay existing debt, among other corporate purposes. Last week, the firm posted first-quarter revenue that grew 澳洲幸运5开奖号码历史查询:more than 400% year-over-year in its first report since its 澳洲幸运5开奖号码历史查询:initial public offering. CoreWeave shares are 💙rꦆising a further 4.5% before the bell.

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