Key Points To Watch Out For:
- DoorDash shares jumped 4% after being added to the S&P 500.
- Robinhood fell 6% in premarket trading following an agreement to pay a $30 million fine.
- Nvidia and Broadcom were down more than 2% in premarket trading due the pressure on technology stocks.
DoorDash (DASH): Boost after joining the S&P 500
DoorDash shares were up more than 4% in premarket trading after S&P Dow Jones Indices confirmed their addition to the S&P 500 on March 24.
Tesla (TSLA): Difficult year and fall in premarket trading
Tesla dropped more than 2.5% in premarket, accruing a 35% loss in 2024. The combination of uncertainties about Elon Musk and the company’s financial performance continues to impact the share price.
Robinhood (HOOD): Million-dollar fine affects its share price
Robinhood fell by more than 6% before the opening, following an agreement to pay $30 million to settle a FINRA investigation.
Coinbase (COIN), Strategy (MSTR): Pressure due to the fall of bitcoin
Coinbase and MicroStrategy shares fell more than 5% in premarket trading, in line with the fall of bitcoin towards $80,000.
Nvidia (NVDA), Broadcom (AVGO): Tech correction
Shares in Nvidia and Broadcom fell by more than 2%, with Broadcom giving back part of its gains after earnings.
DexCom (DXCM): FDA warning affects share price
DexCom fell more than 3% in premarket trading following an FDA warning after inspections at its facilities in San Diego and Mesa, Arizona.
Highlights of the day’s earnings
Today the financial reports of the companies listed below are awaited:
Oracle (ORCL), after market close.
The company has shown growth in cloud services, but investors will be watching its revenue outlook.
