U.S. stocks fell ahead of Tuesday’s open as focus shifted from
launch of the mixed reality headset to broader market factors, such as the Federal Reserve’s upcoming interest rate decision.
These stocks move earliest on Tuesday:
(GTLB) jumped 30% in premarket trading after the software company beat earnings expectations in its first fiscal quarter, provided an upbeat forecast and said customers were turning to its platform. form powered by AI.
(U) rose more than 3% after Apple announced it was working with the game developer on its new headset, at its Worldwide Developers Conference on Monday. The stock soared 17% on Monday after the announcement.
(CXM) climbed 3.5% as the enterprise cloud software company beat analysts’ estimates in its fiscal first quarter and delivered better-than-expected full-year earnings and revenue forecasts. foreseen.
(AAPL) was down around 0.4% before the open, after hitting a new intraday high on Monday, as the company unveiled a new mixed reality headset at its Worldwide Developers Conference. The stock fell in the afternoon on Monday and is expected to fall further on Tuesday.
(SPOT) rose 0.4% after the audio streaming service on Monday announced plans to cut 200 jobs, or about 2% of its total workforce, in its podcast division. The company cut 600 jobs earlier this year as part of a restructuring.
Write to Callum Keown at [email protected]