Stock futures are trading lower today mainly due to earning reports from big tech companies and the outcome of the first Federal Reserve's policy meeting of the year.
GameStop soared 110% in the pre-market, continuing its mind blowing rally. Although their quarterly results were down but they started the year at $20 and they surpassed $300 this morning. Shares of AMC are following the same path with more than 200% jump in the pre-market. Such rallies are amid heavy sells in the Wall Street.
While Regeneron vaccine reported positive outcome on the Covid mutation, AstraZeneca announced that a bomb disposal unit was called at their production spot.
Boing revenue continued to be lower on year to year basis, with a 24% drop ($58 billion in revenue) in 2020 compared to 2019.
Keep smiling and stay charitable.
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