5 Issues to Know Earlier than the Inventory Market Opens

U.S. inventory futures are little modified as markets enter the week on a four-session profitable streak and traders put together for a crowded earnings calendar, together with reviews from Magnificent Seven corporations Apple (AAPL), Amazon (AMZN), Microsoft (MSFT) and Meta Platforms (META); Domino’s Pizza (DPZ) shares are fall in premarket buying and selling after the corporate reported weaker-than-expected U.S. same-store gross sales; German drug large Merck KGaA agrees to purchase U.S. biotech SpringWorks Therapeutics (SWTX) for practically $4 billion; and shares of Deliveroo soar in London buying and selling after DoorDash (DASH) makes a suggestion to amass the British meals supply service. Here is what traders have to know at present.

1. US Inventory Futures Little Modified Forward of Huge Earnings Week

U.S. inventory futures are edging decrease as traders prepare for a busy week of earnings and financial knowledge amid a four-session profitable streak for the main indexes. Nasdaq futures are down 0.1% after the tech-favored index added 6.7% final week, whereas S&P 500 and  Dow Jones Industrial Common futures are also barely decrease after gaining final week. Bitcoin (BTCUSD) is rising to commerce over $95,000. Yields on the 10-year Treasury observe are rising barely. Oil futures are decrease. Gold futures are little modified.

2. A number of Magnificent 7 Corporations Set to Report Outcomes This Week

Greater than half of the Magnificent Seven corporations are scheduled to report quarterly outcomes this week, with Apple (AAPL), Amazon (AMZN), Microsoft (MSFT) and Meta Platforms (META) all on this week’s calendar. Apple’s earnings on Thursday come because the iPhone maker has shed 16% of its worth this yr on considerations over how U.S. tariffs on China will influence the corporate. Additionally reporting on Thursday is Amazon, whose inventory was not too long ago downgraded as a consequence of its publicity to Chinese language tariffs. Microsoft and Meta Platform report Wednesday, with the latter’s coming because the Instagram guardian faces a Federal Commerce Fee antitrust court docket case.

3. Domino’s Pizza Inventory Drops as Income, US Identical-Retailer Gross sales Fall Quick

Shares of Domino’s Pizza (DPZ) are slipping about 2.5% in premarket buying and selling after the corporate reported weaker-than-expected first-quarter income and U.S. same-store gross sales. The Ann Arbor, Mich.-based firm’s income of $1.11 billion was barely decrease than the consensus of analysts polled by Seen Alpha, whereas its earnings per share of $4.33 got here in above estimates. Identical-store gross sales amongst Domino’s U.S. places fell by 0.5% year-over-year, worse than the 0.22% bump analysts had forecast.

4. German Agency Merck KGaA Agrees to Purchase SpringWorks Therapeutics for Almost $4B

Shares of U.S. biotech SpringWorks Therapeutics (SWTX) are rising greater than 3% in premarket buying and selling after German drug firm Merck KGaA mentioned it has struck a deal to purchase the agency for round $3.9 billion. Merck mentioned it might supply $47 a share in money for the Stamford, Conn.-based agency. That represents a 26% premium to SpringWorks’ 20-day volume-weighted common worth of $37.38 on Feb. 7—the day earlier than hypothesis of a possible deal between the 2 began, Merck mentioned. SpringWorks shares closed at $44.72 on Friday. The transaction is predicted to shut within the second half of 2025.

5. Meals Supply Agency Deliveroo’s Inventory Soars in London Buying and selling on DoorDash Supply

Deliveroo shares are leaping 17% in London buying and selling after DoorDash (DASH) supplied to purchase the British meals supply agency for 180 pence ($2.40) per share. Deliveroo, which mentioned it had obtained an “indicative proposal” from DoorDash on April 5, added its board indicated to the U.S. firm that “ought to a agency supply be made” at these phrases, it “could be minded to advocate such a suggestion to Deliveroo shareholders.” Shares of DoorDash are little modified in premarket buying and selling.