{"id":75729,"date":"2023-10-23T04:46:24","date_gmt":"2023-10-23T08:46:24","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/roivant-textainer-okta-microsoft-alphabet-and-more-stock-market-movers\/"},"modified":"2023-10-23T04:46:27","modified_gmt":"2023-10-23T08:46:27","slug":"roivant-textainer-okta-microsoft-alphabet-and-more-stock-market-movers","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=75729","title":{"rendered":"Roivant, Textainer, Okta, Microsoft, Alphabet, and More Stock Market Movers"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-BAR-0000775236\">\n<div data-layout=\"wrap\n              \" data-layout-mobile=\"\" class=\"\n        media-object\n        type-InsetMediaIllustration\n          wrap\n  article__inset\n        article__inset--type-InsetMediaIllustration\n          article__inset--wrap\n    article__inset--lead\n  \"><\/p>\n<p>        <!-- eventually when we know what this card will be we can change it and leave this one --><\/p>\n<figure class=\"\n        media-object-image\n        enlarge-image\n        img-wrap\n        article__inset__image\n      \" itemscope=\"\" itemtype=\"http:\/\/schema.org\/ImageObject\"><\/p>\n<\/figure><\/div>\n<p>Stock futures were falling Monday\u00a0as equities come off a losing week, hit hard by rising Treasury yields and worries over higher-for-longer interest rates. Wall Street will be gearing up the busiest week of the earnings season, including reports from some of the tech sector\u2019s biggest names such as<br \/>\n        Microsoft<span>,<\/span><\/p>\n<p>        Alphabet<span>,<\/span><br \/>\n       Amazon.com, and<br \/>\n        Meta Platforms<span>.<\/span>\n      <\/p>\n<p>These stocks were poised to make moves Monday:\u00a0<\/p>\n<div class=\"paywall\">\n<p>\n        Roche Holding<br \/>\n       (RHHBY) agreed to buy Telavant Holdings, a developer of a drug for people suffering from inflammatory bowel disease, from\u00a0<br \/>\n        Roivant Sciences<br \/>\n      \u00a0(ROIV) and\u00a0<br \/>\n        Pfizer<br \/>\n      \u00a0(PFE) in a deal worth up to $7.25 billion. The acquisition will give Roche, the Swiss drugmaker, the right to develop, manufacture and commercialize drug candidate RVT-3101 in the U.S. and Japan.<br \/>\n        Roivant Sciences<br \/>\n       shares rose 14% in premarket trading.<br \/>\n        Pfizer<br \/>\n       was up 0.5%. <\/p>\n<p>\n        Textainer Group Holdings<br \/>\n       (TGH), a shipping-container lessor, agreed to be acquired by infrastructure investor Stonepeak for about $2.1 billion. Textainer shareholders will receive $50 a share in cash; the stock closed at $34.15 on Friday and was surging 42% to $48.55 in premarket trading. The deal has an enterprise value of about $7.4 billion including Textainer\u2019s debt. <\/p>\n<p>\n        Royal Phillips<br \/>\n       (PHG) raised its fiscal-year sales guidance but American depositary receipts of the Dutch health-technology company fell 2.4% after order intake during the third quarter declined 9% from a year earlier.<\/p>\n<p>\n        Okta<br \/>\n       (OKTA) shares rose slightly in premarket trading after slumping 12% on Friday after the company said a hacker used a<strong>\u00a0<\/strong>stolen credential to access its support system. \u201cThe threat actor was able to view files uploaded by certain<br \/>\n        Okta<br \/>\n       customers as part of recent support cases,\u201d Okta\u2019s Chief Security Officer David Bradbury said in\u00a0an online post. Okta\u2019s support system is separate from the production Okta service, which hasn\u2019t been affected. All affected customers have been notified of the incident, the company said.<\/p>\n<p>Earnings reports are expected Monday from<br \/>\n        Cadence Design Systems<br \/>\n       (CDNS),<br \/>\n        Logitech<br \/>\n       (LOGI),<br \/>\n        Cleveland-Cliffs<br \/>\n       (CLF), and<br \/>\n        Whirlpool<br \/>\n       (WHR).<\/p>\n<p>Reports are expected later in the week from<br \/>\n        Microsoft<br \/>\n       (MSFT),<br \/>\n        Alphabet<br \/>\n       (GOOGL),<br \/>\n        Amazon<br \/>\n       (AMZN),<br \/>\n        Meta Platforms<br \/>\n       (META),<br \/>\n        Intel<br \/>\n       (INTC),<br \/>\n        Visa<br \/>\n       (V),<br \/>\n        Mastercard<br \/>\n       (MA),<br \/>\n        International Business Machines<br \/>\n       (IBM),<br \/>\n        Boeing<br \/>\n       (BA),<br \/>\n        Merck<br \/>\n       (MRK),<br \/>\n        Coca-Cola<br \/>\n       (KO),<br \/>\n        Texas Instruments<br \/>\n       (TXN),<br \/>\n        Verizon Communications<br \/>\n       (VZ),<br \/>\n        General Motors<br \/>\n       (GM),<br \/>\n        General Electric<br \/>\n       (GE),<br \/>\n        3M<br \/>\n       (MMM),<br \/>\n        T-Mobile US<br \/>\n       (TMUS),<br \/>\n        United Parcel Service<br \/>\n       (UPS),<br \/>\n        Honeywell<br \/>\n       (HON),<br \/>\n        Bristol Myers<br \/>\n       (BMY),<br \/>\n        Exxon Mobil<br \/>\n       (XOM),<br \/>\n        Chevron<br \/>\n       (CVX), and<br \/>\n        AbbVie<br \/>\n       (ABBV).<\/p>\n<p>Write to Joe Woelfel at\u00a0joseph.woelfel@barrons.com<\/p>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/articles\/stock-market-movers-63498a78?mod=markets\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stock futures were falling Monday\u00a0as equities come off a losing week, hit hard by rising Treasury yields and worries over higher-for-longer interest rates. Wall Street will be gearing up the busiest week of the earnings season, including reports from some of the tech sector\u2019s biggest names such as Microsoft, Alphabet, Amazon.com, and Meta Platforms. These [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":58045,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-75729","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-markets","tag-featured","post_format-post-format-gallery"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Roivant, Textainer, Okta, Microsoft, Alphabet, and More Stock Market Movers | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Stock futures were falling Monday\u00a0as equities come off a losing week, hit hard by rising Treasury yields and worries over higher-for-longer interest\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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