Before the Open (Feb 9)

Good morning. Happy Friday.
The Asian/Pacific markets closed mostly down. Japan, China, Hong Kong and South Korea took big hits; India, New Zealand, Taiwan, Australia, Malaysia, the Philippines and the Singapore were also weak. Europe, Africa and the Middle East are mostly down. The UK, Poland, France, Germany, Greece, South Africa, Russia, Norway, Hungary, Spain, the Netherlands, Italy, Israel, Belgium, Portugal, Austria and the Czech Republic are all down at least 1%. Futures in the States point towards a flat open for the cash market.
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VIDEO: Is a Top in Place
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The dollar is up a small amount. Bitcoin is flat. Oil and copper are down. Gold and silver are down. Bonds are flat.
Stock headlines from barchart.com…
Nvidia (NVDA -4.93%) jumped over 10% in after-hours trading after it reported Q4 revenue of $2.91 billion, above consensus of $2.68 billion, and said it sees Q1 revenue of $2.90 billion, plus or minus 2%, higher than consensus of $2.44 billion.
Expedia (EXPE -4.87%) tumbled 14% in after-hours trading after it reported Q4 adjusted EPS of 84 cents, well below consensus of $1.15.
Wynn Resorts (WYNN -4.53%) was downgraded to ‘Equal-Weight’ from ‘Overweight’ at Morgan Stanley.
VeriSign (VRSN -3.20%) dropped over 4% in after-hours trading after it reported Q4 adjusted EPS of 96 cents, below consensus of 97 cents.
QUALCOMM (QCOM -4.03%) gained 1% in after-hours trading after it rejected Broadcom’s bid for the company of $82.50 a share saying the proposal materially undervalues the company.
Activision Blizzard (ATVI -5.23%) rose 3% in after-hours trading after it said it sees 2018 adjusted revenue of $7.45 billion, above consensus of $7.39 billion.
FleetCor Technologies (FLT -4.28%) lost over 2% in after-hours trading after it said it sees full-year adjusted EPS of $10.05 to $10.35, the midpoint below consensus of $10.20.
Monolithic Power Systems (MPWR -5.62%) rallied 4% in after-hours trading after it reported Q4 revenue of $129.4 million, above consensus of $126.1 million, and said it sees Q1 revenue of $122 million to $128 million, higher than consensus of $122.6 million.
Ellie Mae (ELLI -3.85%) climbed over 5% in after-hours trading after it reported Q4 adjusted EPS of 33 cents, better than consensus of 25 cents, and said it sees full-year adjusted EPS of $1.68 to $1.78 above consensus of $1.61.
Beacon Roofing Supply (BECN -5.26%) rose over 3% in after-hours trading after it reported Q1 adjusted EPS of 68 cents, well above consensus of 55 cents.
Zillow Group (Z +4.06%) dropped 8% in after-hours trading after it said it sees 2018 adjusted Ebitda of $300 million to $315 million, below consensus of $319.1 million.
Skechers U.S.A. (SKX -6.79%) climbed nearly 5% in after-hours trading after it reported Q4 net sales of $970.6 million, well above consensus of $881.4 million.
Crisper Therapeutics AG (CRSP -7.27%) fell 3% in after-hours trading after Celgene reported it cut its stake in the company to 6.1% from 7.09% reported Dec 22.
FireEye (FEYE -0.35%) jumped 13% in after-hours trading after it said it sees Q1 revenue of $192 million to $197 mili0n, higher than consensus of $187.2 million, and said it sees 2018 revenue of $815 million to $825 million, better than consensus of $801.3 million.
Thursday’s Key Earnings
Activision Blizzard (NASDAQ:ATVI) +0.9% AH boosted by the holidays.
AIG (NYSE:AIG) flat AH stung by tax reform, wildfires.
CVS Health (NYSE:CVS) -5.1% despite beating estimates.
Nvidia (NASDAQ:NVDA) +7.5% AH amid big GPU chip demand.
Philip Morris (NYSE:PM) +1.6% with cigarette shipments up.
T-Mobile (NASDAQ:TMUS) -5.1% expecting slower growth.
Teva Pharma (NYSE:TEVA) -6.9% as guidance fell short.
Twitter (NYSE:TWTR) +12.1% after turning a profit.
Today’s Economic Calendar
10:00 Wholesale Trade
1:00 PM Baker-Hughes Rig Count
Other…
today’s upgrades/downgrades from briefing.com
this week’s Earnings from Morningstar
this week’s Economic Numbers/Reports powered by ECONODAY