U.S. Stock Futures Rise: Key Earnings and Moves to Watch

U.S. stock futures are trading higher this morning, setting the stage for an active trading day on Wall Street. Several companies are expected to attract investor attention, particularly those set to announce earnings or significant corporate actions.

Chagee Holdings Ltd. (NASDAQ:CHA) is anticipated to report quarterly earnings of 40 cents per share on projected revenue of $458.31 million before the market opens, according to data from Benzinga Pro. Following this news, Chagee’s shares increased by 0.4%, reaching $14.19 in after-hours trading.

In another notable development, Tilray Brands Inc. (NASDAQ:TLRY) has announced a 1-for-10 reverse stock split, a move that has led to a significant decline in its share price. Tilray’s shares plummeted by 16% to $0.86 in after-hours trading, raising questions about investor confidence in the company’s future.

Globus Maritime Ltd. (NASDAQ:GLBS) is expected to report a quarterly loss of 12 cents per share alongside revenue of $10.50 million. The company plans to release its earnings after the market closes. In anticipation of the announcement, Globus Maritime shares rose by 1.5% to $1.36 in after-hours trading.

In a positive corporate move, Post Holdings Inc. (NYSE:POST) has disclosed that its board has authorized a $500 million share buyback program. This decision has led to a 1.8% gain in Post Holdings shares, which closed at $102.82 on Wednesday.

Additionally, Beyond Air Inc. (NASDAQ:XAIR) has announced the resignation of Chief Financial Officer Doug Larson, who is leaving to pursue another opportunity. The company has appointed Duke Drewell as interim CFO. Following this management change, Beyond Air shares increased by 1.5% to $1.35 in after-hours trading.

As investors gear up for these corporate announcements and market movements, the focus remains on how these developments will influence trading patterns throughout the day.