Stock futures moved higher Thursday as investors cheered Donald Trump's presidential victory. Meanwhile, Twitter's ( TWTR) Chief Operating Officer Adam Bain is stepping down. He will be replaced by Twitter's Chief Financial Officer Anthony Noto. Jack Dorsey remains CEO. Shares were lower in premarket trading. The company announced deep layoffs back in October as it struggles with growing users and monetization. Meanwhile, will Verizon ( VZ) pull away from its pending $4.8 billion acquisition of Yahoo! ( YHOO) ? Yahoo! raised that possibility in a quarterly filing, saying Verizon may try to terminate or renegotiate the deal. This as a major data breach of some 500 million Yahoo! accounts came to light in September, after Verizon agreed to the purchase price. The breach reportedly occurred some two years ago. Macy's ( M) and Kohl's ( KSS) release quarterly earnings before the markets open, while The Walt Disney Company ( DIS) is out with results after the markets close. TheStreet's Scott Gamm reports from the Nasdaq.
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Breaking down an approach to the long side of this biotech stock.
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