Names on the move ahead of the open.
Accenture CEO Julie Sweet: “We need to act now so that as we deploy at scale, we can act responsibly.” Read More
Stock futures were little changed early Wednesday, following another wild session for the market.
New restrictions on Chinese IPOs overseas may mean lower returns or inability to easily exit investments, prompting investors to hold off on Chinese start-ups.
Azure cloud growth slowed below the 50% mark again even as Microsoft’s customers enter longer-term contracts. Windows license revenue jumped 25%.
Wood’s flagship fund, ARK Innovation, is down more than 55% from its $156.58 per share high notched in February of 2021.
Stock futures rose slightly Tuesday night, following another wild session for the market.