Check out some of the great premarket features:
Zoom Video (ZM) - Zoom reported a quarterly profit of 92 cents per share, in addition to double the 45 cents average share agreement. Revenue came up above Street forecast. Zoom has also increased its annual budget estimate by more than 30%, using its video conference technology upgrades as more staff and students work remotely.
Walmart (WMT) - Walmart will launch its Walmart + membership program on September 15. The service - which will compete with the popular Amazon program (AMZN) - will cost $ 98 per year, compared to $ 119 for Prime. The new system will also offer discounted fuel. Walmart + members will need to meet the $ 35 online order size to get a free ship.
Tesla (TSLA) - The automaker plans to raise up to $ 5 billion in stock options, with banks selling stocks from time to time according to automaker's orders.
American Airlines (AAL), Delta Air Lines (DAL), United Airlines (UAL) - These stocks and other airlines are constantly on the lookout, following yesterday's collapse in United's announcement that it was canceling ticket exchange fees. Delta and the United States have followed suit later in the day with similar announcements, and analysts say most of their competitors will be forced to follow this step amid declining travel demand.
Schlumberger (SLB) - The oil services company will merge its North American business with Liberty Oilfield Services (LBRT), and will hold a 37% stake in the newly merged company. The agreement comes amid a sharp decline in oil services activities between the epidemic and energy consumption.
Sanofi (SNY) - A French drugmaker has said his or her rheumatic drug Kevzara did not work well against Covid-19, and treatment has failed to significantly reduce hospital stay in patients in a 420-person study.
Ford Motor (F) - A car company plans to cut 1,000 jobs in North America, according to a Bloomberg report. People familiar with the matter said the announcement could come this week, as Ford is trying to improve its performance.
Eastman Kodak (KODK) - Hedge Fund D.E. Shaw now owns 5.2% stake in Kodak, according to a Securities and Exchange Commission file. Eastman Kodak shares have been severely volatile in recent weeks, after the company was granted a government loan to produce pharmaceutical ingredients. Loans were also suspended amid investigations involving the disclosure of loans.
Apple (AAPL) - The company is asking providers to build at least 75 million iPhones for 5G scheduled launch later this year, according to sources who spoke to Bloomberg.
Hawaiian Holdings (HA) - A parent of Hawaiian Airlines has notified 400 pilots and flight attendants of the upcoming job losses. Workers will be laid to rest on October 1, following the end of government assistance in the aviation industry.
Gogo (GOGO) - An inflight broadband and entertainment provider has announced an agreement to sell its commercial aviation business to satellite operator Intelsat for $ 400 million.