Dow Jones Futures: Robinhood, AppLovin Surge; Tesla Votes on Musk’s $1T Pay Deal
On Thursday morning, Dow Jones futures showed a slight increase, indicating a positive trend in the stock market. The S&P 500 and Nasdaq futures also followed this upward movement.
Key Earnings Reports
Several companies reported their earnings after market closure. Notable names included:
- Robinhood Markets (HOOD)
- AppLovin (APP)
- ARM Holdings (ARM)
- DoorDash (DASH)
- Qualcomm (QCOM)
Tesla’s Shareholder Meeting
On the same day, Tesla shareholders are set to vote on CEO Elon Musk’s substantial pay deal, which amounts to $1 trillion. This vote is significant as TSLA stock is currently approaching a potential buy point.
Market Recovery
The stock market saw a recovery on Wednesday, contributing to the prevailing optimism as traders await earnings from major companies.
