Facebook, Bakkt, GE, Alphabet: What to Watch When the Stock Market Opens Today

Stock indexes were poised to open higher amid earnings from some of the country’s biggest companies. Here’s what we’re watching ahead of Tuesday’s opening bell.

Facebook

FB 1.26%

gained 1.2% in premarket trading after the social-media giant posted third-quarter profit of $9.19 billion, up 17% from the same period last year.
Bakkt

BKKT 234.43%

shot up 63% premarket. The stock more than tripled Monday after

Mastercard

MA 0.61%

said it had partnered with the crypto firm to enable cryptocurrency card payments.
General Electric

GE 1.20%

rose 1.3%. The industrial conglomerate beat Wall Street forecasts for earnings per share, and said orders rose 42%.
3M

MMM 0.88%

topped predictions of net income and sales, saying demand for its products remained strong. Shares slipped 0.4%.
Google owner
Alphabet

GOOG 0.11%

ticked up 1.3%. Alphabet is one of several companies, including

Microsoft,

MSFT -0.33%

Twitter

TWTR -0.21%

and

Robinhood Markets,

HOOD -1.47%

due to report after the close.

Sundar Pichai, Alphabet’s chief executive, at WSJ Tech Live on Oct. 18.

Photo:

The Wall Street Journal

Hasbro

HAS -1.12%

gained 2.3% ahead of the bell on a 15% rise in net earnings in the third quarter.
U.S.-listed shares of
Up Fintech

TIGR 2.31%

jumped more than 15%. The brokerage, based in Beijing, said Hong Kong’s securities regulator had approved its acquisition of Ocean Joy Securities.
B. Riley Principal 150 Merger

BRPM 14.89%

rose more than 6% premarket. The SPAC is combining with FaZe Clan to take the youth-focused digital platform public, a $1 billion deal earlier reported by The Wall Street Journal.
Crane

CR -0.87%

‘s stock price gained 2.1% after it reported earnings and gave the green light to a share repurchase plan.
Shares of
Digital World Acquisition,

DWAC -10.98%

the SPAC that has agreed to take former President Donald Trump’s social-media venture public, rose 5.5% premarket. That’s a modest move compared with DWAC’s surge in price over the past week.
Phunware,

PHUN -18.08%

an unprofitable tech company that worked for the former president’s campaign, fell 3.5%, unwinding a small part of its recent gains.

Chart of the Day

U.S. banks are overrun with cash. So they are loading up on debt, propelling a corporate-bond market that otherwise had slowed from last year’s pandemic-induced debt bonanza.

Write to Joe Wallace at joe.wallace@wsj.com