Coffee With Greta: Failed Rally?


DJIA Futures: -186 (-0.5%)

SPX Futures: -27 (-0.6%)

NASDAQ Futures: -135 (-0.8%)

Good morning friends!

Futures are slipping as stocks fail to hold onto Monday’s gains. 

Let’s get right to it!

Juniper Networks Pops 

Juniper Networks (JNPR) shares are surging 20.5% in premarket trade following a report that Hewlett Packard Enterprise (HPE) is in advanced talks to buy the company.

The Wall Street Journal reported HPE is set to buy JNPR for about $13 billion. 

Sources say a deal could be announced as soon as this week. 

HPE shares are down 7.4% ahead of the open. 

Unity Software To Layoff 25% Of Staff

Unity Software (U) shares are slipping 1.1% ahead of the open after announcing it will lay off about 25% of its workforce. 

The cuts will impact 1,800 jobs at the gaming technology company. 

In a regulatory filing, Unity said the move is part of a corporate restructuring plan. 

The company said it’s unable to “reasonably estimate the costs and charges in connection with this reduction, which it expects will be substantially incurred in the first quarter of 2024.”

Match Group Jumps On Activist Investor Stake

Match Group (MTCH) shares are jumping 12.6% in premarket trade following a Reuters report that activist investor Elliott Investment Management has built a $1 billion stake in the company. 

Match Group is the owner of dating apps Tinder, Hinge,, and more. 

Elliott reportedly plans to push the company to take steps to improve its performance and boost its stock price. 

In a statement, a Match spokesperson said, “Our team regularly engages with investors, and will continue to work to create great experiences for our users and value for our shareholders.”

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