5 Issues to Know Earlier than the Inventory Market Opens

Inventory futures are edging decrease in pre-market buying and selling; Netflix (NFLX) stated its Christmas Day NFL broadcast set viewership information; Apple (AAPL) shares are edging greater because the iPhone maker’s market capitalization nears $4 trillion; UnitedHealth Group (UNH) and Amedisys (AMED) agreed to increase the deadline on their $3.3 billion merger proposal till subsequent yr; and KULR Expertise Group’s (KULR) shares want to prolong good points after its first bitcoin buy price $21 million. Here is what buyers have to know at this time.

1. Inventory Futures Edge Decrease as Treasury Yields Rise

Inventory futures are decrease in pre-market buying and selling Friday after a blended efficiency from the foremost indexes on Thursday because the rally earlier within the holiday-shortened buying and selling week misplaced steam. Dow futures are decrease by about 0.3% after the blue chip index moved greater within the prior session, the one main index to indicate good points. Nasdaq and S&P 500 futures are additionally down round 0.3%. Treasury yields are on the rise, with the 10-year Treasury be aware yield above 4.6%. Bitcoin (BTCUSD) is gaining close to $96,600, whereas gold futures are transferring greater to commerce at over $2,600 an oz. Oil futures are additionally barely greater.

2. Apple’s Market Cap Nears $4T Milestone

Apple (AAPL) shares are edging greater after the tech big’s inventory closed at an all-time excessive Thursday amid expectations of an synthetic intelligence (AI)-driven improve cycle. Wedbush analysts raised their worth goal for Apple’s inventory by $25 to $325, implying about 25% upside from Thursday’s document shut at $259.02. The enhance comes because the tech big’s inventory has gained over 34% on the yr, bringing its market capitalization nearer to hitting $4 trillion.

3. Netflix Says Its NFL Video games Set Streaming Report

Netflix (NFLX) stated it set a streaming document with its Christmas Day broadcasts of Nationwide Soccer League (NFL) video games. Every of the 2 video games televised surpassed the document for NFL streaming viewership set throughout an NBCUniversal Peacock broadcast of a playoff recreation final season. Viewership peaked at 27 million, in response to Nielsen, as folks tuned into singer Beyoncé’s efficiency at halftime of the matchup between the Baltimore Ravens and Houston Texans.

4. KULR Expertise Shares Look to Lengthen Beneficial properties on Bitcoin Purchases

KULR Expertise Group (KULR) shares are up over 12% in pre-market buying and selling, after closing at a document excessive Thursday within the wake of the power storage firm’s first funding in bitcoin price $21 million. The corporate stated the acquisition was a part of its “Bitcoin Treasury” technique introduced earlier this month, with plans to make use of as a lot as 90% of its surplus money to buy the digital foreign money. 

5. UnitedHealth Group and Amedisys Lengthen Deadline on $3.3B Merger

UnitedHealth Group (UNH) and Amedisys (AMED) agreed to increase the deadline on their $3.3 billion merger proposal till subsequent yr, coming after authorities antitrust regulators final month moved to dam the deal in court docket on worries it will undermine competitors within the house well being providers market. The 2 corporations had anticipated to shut the deal at this time, however the brand new deadline for the merger is ready for 10 days after a last court docket resolution or Dec. 31, 2025, whichever comes first. Amedisys shares are greater than 3% greater in pre-market buying and selling on the information, whereas shares of UnitedHealth Group are little modified.