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Premarket: What you need to know before the bell



The analysts are expecting Refinitive Alphabet (GOOGL) first quarter revenue of $ 37.3 billion, an increase of 20% over the same period last year.

Net income is projected to grow 6.5% to $ 7.5 billion. The company reports a profit after closing the bell.

Some of the biggest names in technology have surprised analysts with strong holes by 2019. Facebook (FB) and Amazon (AMZN)for example, they have already exceeded Wall Street's expectations.

2. Milken Conference: Los Angeles hosts annual Milken Institute global conference. This year's theme is "Managing Shared Prosperity".

Lecturers scheduled for Monday include Christine Lagarde, Executive Director of the International Monetary Fund, and Goldman Sachs (FADXX) CEO David Solomon.

CNN Business will have live coverage of the event.

3. Trump and Oil: Oil futures fell on Monday and continued to be supported by President Donald Trump's call for OPEC to increase production.

"Gasoline prices are falling," Trump said on Friday. "I called OPEC. I said you had to overthrow them."

US oil futures fell 5.4%, reaching $ 66.50 per barrel last week for the first time since October 2018. Brent's raw, global benchmark is 5% lower than its recent peak.

Both markets fell by 0.5% on Monday.

The Trump administration announced last week that it wants to reduce oil exports from Iran to zero, a step that could reduce global supplies and increase energy prices.

4. Boeing faces investors: The planner will probably face the tough issues of shareholders at his annual meeting on Monday.

CEO Dennis Muilenburg appears in front of Chicago investors after two fatal crashes his 737 Max in less than six months.

CNN said four Boeing (BA) Employees called the Federal Aviation Administration Hotline a hotline the day after Ethiopia's preliminary Ethiopian Airlines 302 crash report.

Among the information they have provided is a previously unreported problem involving source damage to the angle of the attack sensor angle.

5. Global Market Overview: American stock futures were higher.
European markets have opened up with profits. Stocks in Asia were mixed. Japanese markets are closed until May 6 for the Golden Week.
Dow closed 0.3% on Friday. S&P 500 added 0.5% and Nasdaq by 0.3%, with both indices closing at new record highs.
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6. Profit and Economy: Loews Corp. (L), Philips (PHG), International Brands Restaurants (QSR) and Spotify (POINT) releases profit before opening.
Alphabet (GOOG), Ethan Allen (ETH), MGM Resorts (MGM) and Yum China (YUMC) will follow after closing.
Anadarko Petroleum (APC) is going to recommend $ 76 per share takeover from Occidental Petroleum (OXY), according to the Financial Times.
The offer is 20% richer than the Anadarko deal reached earlier this month Chevron (CVX). Anadarko owns prized slate fields in the Western Texas Perm Basin.
7. This Week:
Monday – Eurozone economic sentiment; Boeing shareholders meeting; Spotify (POINT) and income from the alphabet
Tuesday – euro area GDP; FED begins; China producing PMI; GM (GM), Revenue from GE and Apple
Wednesday – the Fed's decision; Yum brand (YUM) and CVS (CVS) profit
Thursday – update of the Bank of England policy; In armor (UA) and Dunkin & # 39; (DNKN) profit; weekly claims without employment; Caixin China producing PMI
Friday – Jobs report; Euro area inflation Fiat Chrysler (FCAU) profit

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