Wall Street shares are poised for a positive open with corporate earnings again the focus.
The two investment banks reported third-quarter earnings that topped analysts' expectations on both the top and bottom lines on strong investment banking results.
In pre-market, Twilio Inc (NYSE:TWLO), the cloud communications firm, meanwhile, fell more than 2.4% to $74.25 after it revealed that it will acquire marketing and communications platform SendGrid (NYSE:SEND) in a $2 billion all-stock transaction.
The deal is expected to close in 2019.
"Increasingly, our customers are asking us to solve all of their strategic communications challenges - regardless of channel,” said Twilio chief Jeff Lawson in a statement.
"Email is a vital communications channel for companies around the world, and so it was important to us to include this capability in our platform."
Sendgrid shares added 13.48% to $35.10 in before-the-bell trade.
Elsewhere, UnitedHealth Group Inc (NYSE:UNH) shares advanced 3.4% in pre-market to $269.10 as it posted better than expected third quarter figures.
EPS (earnings per share) were $3.41, which was better than the analyst estimate of $3.29.
Meanwhile, revenue for the quarter came in at $56.6 billion versus the consensus estimate of $56.34 billion.
"These results reflect our businesses delivering increased value at an accelerating pace to society and the millions of people we serve – one person at a time," said David S. Wichmann, CEO.
For fiscal 2019,. the discount store cut its neat EPS guidance range to between $2.65 and $2.80 from between $2.90 and $3.05 previously.
Its adjusted EPS guidance was slashed to between $4.65 and $4.80 from $4.90 to $5.05 previously.
Also Tuesday, Walmart unveiled a strategic partnership with Advance Auto Parts to create a specialty auto parts store on Walmart.com.
The new store will sell common auto parts and accessories, including tires, lube, and battery services, both online and in its 2,500 Walmart Auto Care Centers nationwide.
There's nothing like a cool glass of beer after a long day is there? But sadly, the cost of such a luxury could be heading skyward, due to potential barley shortages because of climate change.
A study published yesterday has revealed that average global barley yields over the next decades due to extreme weather is expected drop between 3% and a whopping 175, which would affect yields and could mean the cost of a drink soars.
Papa John's International Inc (NASDAQ:PZZA) shares were flat as it emerged that it was offering a jack-o’-lantern pizza throughout the spooky, spooky month of October for Halloween.