Some of the stocks that may grab investor focus today are:
- AT&T Inc. (NYSE:T) is in talks to merge its media assets with Discovery Communications Inc (NASDAQ:DISCA), Bloomberg reported. AT&T shares rose 1.7% to $32.80 in pre-market trading, while Discovery shares jumped 12.5% to $40.10 in the pre-market trading session.
- Wall Street expects Tencent Music Entertainment Group – ADR (NYSE:TME) to report quarterly earnings at $0.09 per share on revenue of $1.20 billion after the closing bell. Tencent Music shares rose 1.9% to $15.50 in pre-market trading.
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- KKR & Co Inc (NYSE:KKR) is in talks to buy U.K.-based sustainability consulting company ERM Group Inc., Bloomberg reported. KKR shares gained 1.9% to close at $56.14 on Friday.
- Ryanair Holdings plc (NASDAQ:RYAAY) recorded its biggest annual loss in its history as the covid-19 pandemic impacted international travel. Ryanair shares rose 1.2% to settle at $115.91 on Friday.
