U.S. stock futures are higher as investors await monthly jobs data and digest a slew of earnings reports; Apple (AAPL) shares are rallying following the tech giant’s better-than-expected earnings and announcement of a record buyback; fellow Dow component Amgen (AMGN) is surging on its earnings beat and progress in its experimental weight-loss-drug MariTide, news that is dragging down stocks in rivals Novo Nordisk (NVO) and Eli Lilly (LLY); Cloudflare is sharply lower after providing a disappointing sales outlook; and Japan’s Sony Group (SONY) and private-equity firm Apollo Global Management have reportedly submitted an all-cash $26 billion offer for Paramount Global (PARA). Here’s what investors need to know today.
Apple (AAPL) shares were more than 6% higher in premarket trading about two hours before the opening bell, after the company announced better-than-expected earnings, a $110 billion stock buyback program …