Stocks to Watch: Truth Social, Coinbase, MicroStrategy, Micron Technology, BuzzFeed, McCormick, GameStop, UPS, WeWork

Posted by on



Hello readers,

Today's big event in the stock market is the debut of Donald Trump's Truth Social on the Nasdaq. The parent company, Trump Media & Technology Group (DJT), is set to begin trading under the ticker DJT. U.S. stock futures edged higher in early trading, and notable earnings reports are expected from McCormick and GameStop.

Stocks to keep an eye on today include:

  • Truth Social: Donald Trump’s social-media entity set to start trading after its merger with Digital World Acquisition Corp. (DWAC). DJT rallied 17% in premarket trading.
  • Coinbase (COIN) and MicroStrategy (MSTR): Shares gained as bitcoin rallied back above $70,000.
  • Micron Technology (MU): The company's shares continued to climb premarket, viewed as a key potential winner from the AI boom.
  • BuzzFeed (BZFD): Shares fell 12% premarket after reporting a decline in revenue.
  • McCormick (MKC) and GameStop (GME): Set to report earnings.
  • UPS (UPS): Will hold an investor day.
  • WeWork (WEWKQ): Former CEO Adam Neumann submitted an offer to buy it back for more than $500 million.


Comments

Post a Comment