Here’s a look at some of the companies the Yahoo Finance team will be watching for you today.
Netflix (NFLX) is looking to recover this morning, following its worst sell-off in 2 years. After climbing nearly 100% so far this year, the stock slid 6.5% on Monday. Netflix is facing new headwinds after the ouster of its communications chief for using a racial slur.
Salesforce (CRM) is facing a backlash from some employees over its contracts with the Trump administration. Bloomberg says hundreds of workers have signed a petition, demanding the company re-evaluate those contracts in light of the recent border crackdown. Salesforce says it welcomes the conversation with its workers – and that its software isn’t used by Customs and Border Protection to separate families.
Spotify (SPOT) is looking to get a boost today, after sliding with the markets on Monday. Barclays just rated the stock “overweight” and set a price target of $210 a share. That’s well above Spotify’s $182 all time high. Barclays praised the company’s ability to innovate and create ‘best in class’ user experiences.
A big deal for U.S. defense giant Northrup Grumman (NOC). It’s selling long-range drones to Australia for more than $5.1B. The Triton drones have the wingspan of a 737 and will be used in surveillance missions. Australia is responsible for patrolling parts of Southeast Asia and the Pacific and Indian Oceans as part of an international intelligence network.