The 10-year Treasury yield retreated slightly Tuesday morning, while Pfizer and Burger King’s parent company beat earnings estimates.
MGM Resorts is higher in premarket trading after the resort operator reported better-than-expected quarterly profit and sales. The earnings beat came despite a negative impact on tourism during the quarter from the outbreak of the Covid omicron variant.
Stellantis will buy the Share Now car-sharing business from BMW and Mercedes-Benz for an undisclosed amount. BMW and Mercedes plan to focus on the software aspect of their joint venture. Rocket Lab USA shares gained in premarket action after the company successfully caught a rocket booster out of midair and dropped it into the ocean, as it tested ways to recover used rockets.
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