U.S. STOCKS WeWork, Silvergate, Rivian, CrowdStrike

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U.S. stock index futures edged higher on Wednesday after hawkish comments from Federal Reserve Chair Jerome Powell fueled a selloff on Wall Street a day earlier, stoking concerns about a sharp recession and putting focus on the upcoming labor market data. .N

At 7:09 ET, Dow e-minis 1YMc1 were up 0.09% at 32,892. S&P 500 e-minis ESc1 were up 0.11% at 3,994, while Nasdaq 100 e-minis NQc1 were up 0.20% at 12,192.75.

The top three NYSE percentage gainers premarket .PRPG.NQ:
** Local Bounti Corp LOCL.K, up 18.9%
** Energy Vault Holdings NRGV.K, up 13.5%
** Arlo Technologies ARLO.K, up 9.8%

The top three NYSE percentage losers premarket .PRPL.NQ:
** MariaDB PLC MRDB.K, down 12.8%
** Audacy Inc AUD, down 11.2%
** Xinyuan Real Estate Co XIN, down 9.7%

The top three Nasdaq percentage gainers premarket .PRPG.O:
** Carisma Therapeutics CARM.O, up 987.8%
** Castor Maritime Inc CTRM.O, up 62.5%
** Kimball International Inc KBAL.O, up 62.1%

The top three Nasdaq percentage losers premarket .PRPL.O:
** VEON Ltd VEON.O, down 49.5%
** Intelligent Bio Solutions Inc INBS.O, down 45.4%
** Troika Media Group Inc TRKA.O, down 43%

** Tesla Inc TSLA.O: down 0.6% premarket
BUZZ - Slips as Berenberg downgrades to "hold" nL4N35G29J

** Silvergate Capital Corp SI.N: up 1.3% premarket
BUZZ - Rises on report of talks with FDIC officials to avoid shutdown nL4N35G286

** WeWork Inc WE.N: up 6.1% premarket
BUZZ - Rises on report of talks to restructure $3 bln in debt nL4N35G28L

** CrowdStrike Holdings Inc CRWD.O: up 6.9% premarket
BUZZ - Gains on upbeat forecast, Q4 results beat nL4N35G297

** Fresh Tracks Therapeutics Inc FRTX.O: up 54.6% premarket
BUZZ - Surges on positive data from lead drug nL4N35G28X

** Occidental Petroleum Corp OXY.N: up 3.2% premarket
BUZZ - Rises as Buffett's Berkshire boosts stake to 22.2% nL4N35G29P

** Rigel Pharmaceuticals Inc RIGL.O: up 36.7% premarket
BUZZ - Jumps on strong Q4 revenue nL4N35G2C6

** Rivian Automotive Inc RIVN.O: up 0.8% premarket
BUZZ - Rises after co secures $1.3 bln capital raise nL1N35G0SF

(Compiled by Rajarshi Roy and Manya Saini in Bengaluru)


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