Wall Street Breakfast Podcast: Futures Rise Oil Drops
Stock futures are rising as investors look forward to a possible resolution in the U.S.-Iran conflict. Wix is planning to reduce its workforce by 20% following disappointing first-quarter earnings and a significant decline in its stock value. Meanwhile, Uber is considering a higher bid for Delivery Hero after an initial offer was rejected.
- ▪Stock futures rise on hopes of U.S.-Iran conflict resolution.
- ▪Wix plans to cut 20% of its workforce after a significant Q1 earnings miss.
- ▪Uber is weighing a higher bid for Delivery Hero following a rebuffed €11.5B offer.
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