00:08all right futures mixed here today s&p futures down 0.37 percent the dow bucking the trend that's
00:17up 0.83 percent and the nasdaq leading the way down 1.21 percent in the negative direction
00:25obviously nasdaq being affected here by broadcom and crowd strike where they're both trading down
00:30post their earnings the other takeaway that i have here just right on the surface of what's going on
00:36the things that have really kind of been gangbusters and running wild to the upside
00:41those seem to be what's pulling back today meanwhile i take a look at the dow they don't
00:46have any of these crazy stocks that went 800 percent in a calendar year or anything like that
00:51and that's up today so to me it seems like maybe a regression back to the mean in any case
00:59that's that's what the futures feel like today let's take a look at some cues from the last
01:05session here let me go ahead and bring this up energy consumer staples and health care stocks
01:13registered the biggest gains on wednesday while information technology and financial equities
01:18closed the session lower u.s stock futures were mixed on thursday after a lower close on wednesday
01:23as the nasdaq 100 and s&p 500 advanced but the doubt are declined excuse me but the dow jones
01:29rose
01:30in a 215 to 208 vote the republican controlled house passed a war powers resolution requiring
01:36president trump to obtain congressional authorization before continuing military action or deploying troops
01:42against iran notably four republicans joined democrats to pass the measure marking a rare
01:48bipartisan challenge to the president's military authority meanwhile the 10-year treasury bond yielded
01:544.49 percent and the two-year bond was at 4.07 percent the cme group's fed watch tool projection
02:01show the market's pricing in a 96.2 percent likelihood that the federal reserve leaves the current interest
02:07rates unchanged during the june meeting now i've got several stocks in focus here for you today some of
02:14them are going to be fairly obvious we'll start with those two the first one here is going to be
02:19crowd strike and the ticker is crwd it was 9.98 percent lower in the pre-market on thursday despite
02:26beating
02:26estimates and announcing a four for one stock split we're going to talk about that here coming up in just
02:32a
02:32sec broadcom is the next stock on our list the ticker is avgo and that dropped 12.32 percent as
02:40it posted
02:40second quarter revenue of 22.19 billion slightly below wall street expectations of 22.27 billion
02:48however the chipmaker reported adjusted earnings of 244 per share which did top the analyst estimates of
02:55240 per share more on broadcom coming up here shortly as well the next stock on our list is going
03:02to be jade biosciences and the ticker is jbio it dropped 6.2 percent after announcing the pricing of
03:09a public offering of 10 million shares of common stock at 15 dollars per share the company's gross
03:16proceeds of 150 million from the offering before deducting underwriting discounts commissions and other
03:22offering expenses the next stock on our list is going to be lululemon athletica the ticker is lulu and
03:30it was 0.17 percent higher as analysts expected to report earnings of 167 per share on revenue of 2
03:38.43
03:38billion after the closing bell today the last stock on our list is going to be pvh corp ticker is
03:47yep you
03:48guessed it pvh it slid 20.54 percent after the company released its third quarter earnings report
03:54and issued fourth quarter eps guidance below analyst estimates
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