Check out the companies that make the headlines before the doorbell rings:
Didi Global (DIDI) – Didi rose 4.3% in the premarket after a Bloomberg report said Beijing is considering getting into the rideshare company and potentially bringing it under state control. It is unclear how much Beijing's stake in the company would be.
Netflix (NFLX) – The video streaming service's stock remains in view today, having risen in 14 of the last 15 sessions and hitting an all-time high in Thursday's session.
MongoDB (MDB) – MongoDB lost 24 cents per share in the most recent quarter, less than analysts' forecast 39 cents loss. The database platform company also reported better-than-expected revenue and made positive revenue forecasts for the current quarter. The shares rose by 13.5% in the pre-market period.
PagerDuty (PD) – PagerDuty stocks rose 14.5% pre-launch after reporting a loss and revenue that beat consensus. The digital operations management solutions provider reported an adjusted loss of 13 cents per share for its last quarter, 2 cents less than expected, while also announcing a strong revenue outlook for the current quarter.
Hewlett Packard Enterprise (HPE) – Hewlett Packard Enterprise was 5 cents above estimates with adjusted quarterly earnings of 47 cents per share, while revenue was largely in line with analyst forecasts. The company's business will be further strengthened by the pandemic-related switch to digital operation.
Western Digital (WDC) – The record maker’s shares rose 1.9% in the premarket after a report released in Japan said memory chip maker Kioxia is considering an initial public offering over a possible merger with Western Digital. The two sides were reportedly in advanced talks for a merger worth $ 20 billion or more.
DocuSign (DOCU) – DocuSign beat estimates by 7 cents with adjusted quarterly earnings of 47 cents per share and revenue that beat Street forecasts. The electronic signature technology provider has also increased its annual forecast for total revenue, subscription revenue, and billing.
Broadcom (AVGO) – The chipmaker reported adjusted quarterly earnings of $ 6.96 per share, 8 cents above estimates, with revenue slightly above consensus. Broadcom also issued an optimistic outlook for the current quarter as the company continues to see strong demand in the 5G wireless market.
fuboTV (FUBO) – Shares in the sports programming streaming service rose 4.5% in pre-hours trading after it received approval from Arizona regulators to offer mobile betting in the state. Arizona is the second state to allow fuboTV to offer such bets, following a recent approval in Iowa.
Aurora Cannabis (ACB) – The cannabis producer's stocks were upgraded from Underperform to Hold on Jefferies, citing a number of factors including valuation. The share gained 1% in pre-market trading.
MicroStrategy (MSTR) – The business analytics company's stock rose 3.1% pre-market as it continues to closely track Bitcoin's movements. MicroStrategy has more than $ 5 billion in Bitcoin on its balance sheet.