Here’s what we are watching as markets kick into gear Wednesday.
—U.S. stock futures rose Wednesday, with big technology stocks poised to erase some of this week’s losses. Read our full market wrap here.
—What’s coming up. European Central Bank President Christine Lagarde gives introductory remarks for an ECB central banking forum at 8 a.m. ET.
Market Movers to Watch
rose 5.8% premarket after the ride-hailing company yesterday said active riders and revenue improved in the third quarter from the previous three months as coronavirus shutdowns eased in some cities.
fell 9.8% premarket despite the cloud-monitoring company reporting earnings and an outlook that exceed analyst estimates.
Live-sports streaming platform
leapt 25% premarket after the company reported higher revenue, and laid plans to expand into the online sports-wagering market.