Take a look at the biggest drivers in the futures market:
Boeing (BA) – Boeing is unlikely to be certified for its 777X long-range aircraft until mid-to-late 2023 at the earliest. That follows a letter from Federal Aviation Administration officials to Boeing, obtained by CNBC, saying there are a number of technical issues that need to be resolved. Boeing shares fell 1.2 percent in premarket.
Intellia Therapeutics (NTLA) – Intellia shares are up 55.4 percent in premarket. The company and its Regeneron (REGN) partner in Massachusetts announced positive results in a phase I study of gene-editing treatments for a disease known as chemotherapy. Transthyretin amyloidosis Regeneron shares gained 1.6%. Two other companies involved in the same gene editing technology also jumped in futures, with CRISPR Therapeutics (CRSP) up 13.5% and Editas Medicine (EDIT) up 17.1%.
Perion Network (PERI) – Shares of the advertising technology company jumped 9.9% in the premarket after reporting soaring second-quarter earnings and raising full-year forecasts.
Johnson & Johnson (JNJ) – Johnson & Johnson will pay $263 million to resolve opium-related claims in a deal involving both the state and the county of Nassau. and Suffolk, a deal in which J&J did not accept or deny guilt. This caused the company to leave the opium trial that begins Tuesday.
Tesla (TSLA) – Tesla is recalling nearly 300,000 vehicles for software updates related to driver assistance. The owner will not actually have to return the vehicle to receive the update.
Biogen (BIIB) – House lawmakers have announced an investigation into the process that authorizes Biogen’s Alzheimer’s treatment, including pricing. Biogen told Reuters it would cooperate with inquiries received from lawmakers.
Nvidia (NVDA) – Nvidia has received support for a $40 billion acquisition of ARM from a major UK chipmaker customer, according to the Sunday Times, showing public support coming from Broadcom (AVGO), Marvell. (MRVL) and MediaTek
MetLife (MET) – MetLife has received an offer from the NN Group, the Netherlands-based insurer, for some of MetLife’s European businesses, although NN did not specify which businesses are involved or how much of the offers.
MicroStrategy (MSTR) – The business analytics firm’s shares earned 3.3% in pre-market trading. and continues to trade in line with bitcoin MicroStrategy There are billions of virtual currency in the book.
Ocwen Financial (OCN), JOANN (JOAN) – Both stocks are included in the small-cap Russell 2000 index. As of today, Ocwen is a home equity financing and services company, while JOANN is an art and retail retailer. handicraft
NRG Energy (NRG) – Shares of the energy provider were added to a Conviction Buy list at Goldman Sachs, which raised the stock’s price target to $57 per share from $46. The shares closed at $38.49 per share on Friday and earned. 1.8% in futures