Jobless claims came in at 227,000, down from the week higher but above estimates
Stock futures are on the rise this morning, as earnings reports continue to flood in. Futures on the Dow Jones Industrial Average (DJI) and Nasdaq-100 Index (NDX) are up triple digits, while S&P 500 Index (SPX) futures sit modestly higher as well. Weekly jobless claims came in at 227,000 for last week, slightly higher than the estimated 225,000 but down from the week prior. Later this morning, investors will be unpacking existing home sales data.
5 Things You Need to Know Today
- The Cboe Options Exchange saw over 2.1 million call contracts and more than 1.4 million put contracts traded on Wednesday. The single-session equity put/call ratio came in at 0.67, while the 21-day moving average rose to 0.59.
- Anheuser-Busch InBev SA (NYSE:BUD) stock is up 2.8% premarket, looking to open at five-year highs, after the company's better-than-expected fourth-quarter results. The Budweiser parent also said the World Cup and Winter Olympics will boost sales in 2026. Since the start of the year, BUD is up 21.8% coming into today.
- Fastly Inc (NASDAQ:FSLY) stock is up 40.9% ahead of the open, after the cloud name posted strong fourth-quarter earnings and revenue and an upbeat full-year forecast. Fresh off its fourth-straight gain, FSLY is poised to open at 52-week highs.
- AppLovin Corp (NASDAQ:APP) stock is down 7.6% in electronic trading, despite beating fourth-quarter earnings and revenue expectations. The company forecast 52% revenue growth in the current quarter, slower than other quarters and causing investors to wonder about momentum. A handful of analysts chimed in with price-target adjustments as well. Should these losses hold, APP will break its eight-quarter post-earnings win streak. Since the start of 2026, APP is down 32.2%.
- More on the earnings reports and economic data due out this week.
Another Record High for the Nikkei
Asian markets turned in a mixed performance Thursday, with Japan’s Nikkei briefly topping the 58,000 mark for the first time before settling flat, as investors continued to cheer Prime Minister Sanae Takaichi’s election win. South Korea’s Kospi surged 3.1% to a record high, extending recent momentum. In contrast, Hong Kong’s Hang Seng slipped 0.9%, while China’s Shanghai Composite edged modestly higher.
European stocks are trading higher as investors digest another wave of corporate earnings. At last glance, London’s FTSE 100 is trading near the flatline, while Germany’s DAX has gained 1.4%, and France’s CAC 40 is 1% higher.