Today's viewing recommendations: Stock futures decline, bond yields increase following robust inflation data.

BY THE NUMBERS

On Wednesday, the and the both experienced growth for the third consecutive day. The recorded consecutive gains, with the tech-heavy index 9.7% below its November 19 record close but 10.6% below its November 22 all-time intraday high.

The number of initial jobless claims decreased to 223,000 for the week ended February 5, which was lower than anticipated.

IN THE NEWS TODAY

On Thursday, Coca-Cola reported quarterly earnings and revenue that exceeded expectations, and the Dow stock rose nearly 1% in the premarket. The company's profit in the fourth quarter was 45 cents per share on $9.46 billion in revenue. However, Coca-Cola issued a weaker-than-expected outlook, predicting that higher inflation would continue to negatively impact its earnings throughout 2022.

PEP shares remained unchanged in the premarket after PepsiCo reported higher-than-expected earnings and revenue for the fourth quarter, but warned of inflationary pressures due to rising transportation and packaging costs. The company's profit for the quarter was $1.53 on sales of $25.25 billion. Pepsi expects to pay out $6.2 billion in dividends and execute $1.5 billion in buybacks in the upcoming year.

The stock price of Twitter (TWTR) increased by 4% in premarket trading after the company announced a new $4 billion share buyback program. Despite missing earnings estimates for profit, revenue, and monetizable daily active users in its first earnings report under new CEO Parag Agrawal, Twitter reported 217 million monetizable daily active users. (Source: CNBC)

Uber's shares gained 5.5% in Thursday's premarket after the company reported better-than-expected quarterly revenue. The company's fourth-quarter net income was $892 million, including a $1.4 billion net benefit, pretax, related to its equity investments. Uber's EPS of 44 cents includes that investment gain. Excluding it, Uber posted a narrower-than-expected loss of 26 cents per share. (Source: CNBC)

Disney reported an adjusted earnings per share of $1.06 in its fiscal first quarter, driven by growth in its Disney+ subscriber base and record profit from its theme parks. Revenue of $21.82 billion also exceeded expectations. Disney+ subscribers surpassed projections, reaching 129.8 million. Revenue at Disney's parks division doubled from the previous year and came in above estimates, with $7.2 billion in revenue.

Forbes, a 104-year-old magazine and digital publisher, is receiving a $200 million strategic investment from Binance, the world's largest cryptocurrency exchange. This investment will aid Forbes in executing its plan to merge with a publicly-traded special purpose acquisition company (SPAC) in the first quarter, according to sources. (CNBC)

The virtual all-hands meeting held by PTON on Wednesday was intended to introduce its new CEO, Barry McCarthy. However, the meeting was cut short when McCarthy and former CEO John Foley engaged in a conversation. According to three sources, the meeting was abruptly terminated.

According to sources, Salesforce announced on Wednesday that it plans to launch an NFT Cloud. NFTs are unique digital assets that are stored on blockchain. Salesforce aims to integrate them into enterprise software. (Forbes)

The Biden administration announced a plan to allocate $5 billion to states to fund electric vehicle chargers over five years, as part of the bipartisan infrastructure package that includes $7.5 billion to build a vast network of EV charging stations across the country. (CNN)

The House committee investigating the Jan. 6 Capitol riot issued a subpoena to Peter Navarro, who had served as trade advisor to former President Donald Trump, seeking testimony and records. Navarro, in a statement to CNBC, stated that Trump had invoked executive privilege.

STOCKS TO WATCH

Twilio's premarket stock price surged nearly 20% after the company reported a narrower-than-expected quarterly loss and revenue that exceeded estimates. Additionally, Twilio issued an optimistic outlook for current-quarter revenue.

Mattel's (MAT) quarterly earnings of 53 cents per share came in 23 cents above estimates, and its revenue also exceeded analysts' forecasts. The toy maker's results were driven by growth in its Barbie brand, and it issued an optimistic 2022 outlook. The shares surged 12.6% in the premarket.

Tapestry, owner of Coach and Kate Spade brands, reported adjusted quarterly earnings of $1.33 per share, beating estimates. Revenue also beat. The company raised its full-year guidance on rising demand for its luxury goods. As a result, the stock rose 3.8% in the premarket.

Despite revenue exceeding expectations, GOOS's premarket trading tumbled 10% after its earnings missed analyst forecasts. The winter wear manufacturer reduced its full-year outlook due to Covid-related restrictions affecting demand for its parkas and footwear.

The smart audio equipment maker topped analyst estimates on the top and bottom lines for the latest quarter, and its stock price increased by 6.4% in premarket trading. Despite supply chain issues, demand for the company's products remains strong.

The cybersecurity platform company reported better-than-expected profit and revenue for its latest quarter, causing DDOG to surge 14.5% in the premarket.