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Amazon, Toast, Walgreens rise premarket; Intel falls

Stock Markets Nov 11, 2022 08:56

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Amazon, Toast, Walgreens rise premarket; Intel falls

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By Peter Nurse

Investing.com -- Stocks in focus in premarket trade on Friday, November 11th. Please refresh for updates.

Amazon (AMZN) stock rose 2% after the Wall Street Journal reported that the online retail giant is set to make big cost cuts, including focusing on the division that houses its home assistant Alexa.
Toast (TOST) stock rose 10% after the restaurant management software company lifted its full-year revenue guidance as new locations and strong user revenue boosted third-quarter results.
Intel (INTC) stock fell 1.7% after JPMorgan downgraded its stance on the chipmaker all the way to ‘underweight’ from ‘overweight’, citing increased competition.
Walgreens (WBA) stock rose 2.4% after Deutsche Bank upgraded its stance on the pharmacy chain to 'buy' from 'hold', saying the stock could rally 30%.
Wynn Resorts (WYNN) stock rose 3.6% and Las Vegas Sands (LVS) stock rose 3.8% after the casino operators benefited from China easing its Covid-19 restrictions.
Roku (ROKU) stock fell 0.4% after Jefferies initiated coverage of the streaming tech provider with a ‘hold’ rating, saying its obvious growth potential could be tempered by a difficult macro environment.
Duolingo (DUOL) stock rose 0.2% after the educational technology company reported a third-quarter loss, even while slightly lifting its outlook for the year.

Amazon, Toast, Walgreens rise premarket; Intel falls

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	South Africa Top 40	70,444.91	+659.81	+0.95%
	S. Africa 40 Futures	71,181	+693	+0.98%
	US 30	32,482.8	+88.6	+0.27%
	US 500	3,986.1	+14.8	+0.37%
	US Tech 100	12,664.1	+53.5	+0.42%
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	Gold	1,986.20	-4.20	-0.21%
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	Crude Oil WTI	73.87	+0.67	+0.92%
	Brent Oil	78.59	+0.20	+0.26%
	Natural Gas	2.160	-0.002	-0.09%
	Copper	4.0832	+0.0062	+0.15%
	US Corn	647.30	+0.55	+0.09%

	USD/ZAR	18.1688	+0.0379	+0.21%
	EUR/USD	1.0845	+0.0002	+0.02%
	GBP/USD	1.2333	-0.0008	-0.06%
	USD/JPY	131.57	+0.70	+0.54%
	GBP/JPY	162.26	+0.79	+0.49%
	USD/CAD	1.3595	-0.0003	-0.02%
	AUD/USD	0.6697	-0.0011	-0.17%

	Steinhoff	27	-1	-3.57%
	MTN	12,782	+20	+0.16%
	Standard Bank	17,504	+406	+2.37%
	FirstRand Ltd	6,218	+47	+0.76%
	BHP Group Ltd	50,000	+0	+0.00%
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