Monday is a relatively quiet earnings day, ahead of a slew of big tech earnings in the coming days that investors are counting on to pull markets out of their recent slump. Verizon Communications (VZ) shares are rising after first-quarter net income beat estimates; bitcoin (BTC) is trading up at about $66,000 after Friday’s much-anticipated halving event; shares of Tesla (TSLA) are declining after the electric-vehicle maker cut prices across many of its big markets, including China, where rival Li Auto (LI) followed suit; U.S. Commerce Secretary Gina Raimondo downplays Huawei Technologies’ latest microchip breakthrough; and shares of Salesforce (CRM) are rising in premarket trading following a report that talks to buy data management software firm Informatica (INFA) have fizzled. U.S. stock futures are rising. Here’s what investors need to know today.
Verizon Communications (VZ) shares were up 1.5% in premarket trading after the …