By WSJ Staff
MicroStrategy $(MSTR.AU)$: Cryptocurrencies pulled back after President Trump's inauguration address, in which he didn't mention crypto. That weighed on shares of MicroStrategy, the software company-turned-bitcoin buyer, in premarket action.
Trump Media & Technology $(DJT)$: Shares in President Trump's social-media company were heavily traded premarket, though the stock price was little changed.
Moderna $(MRNA)$: The biotech company secured $590 million from the U.S. to speed up the development of its bird flu vaccine. Shares rose before the bell.
Ørsted (DK:ORSTED): The world's biggest offshore-wind developer wrote down a major U.S. project by about $1.7 billion, while President Trump ordered a halt on approvals for U.S. wind projects both on land and at sea. Shares tumbled in Denmark.
Santander (ES:SAN), BBVA (ES:BBVA): The two Spanish banks are among the biggest lenders in Mexico. Shares fell after President Trump said he aims to place 25% tariffs on America's southern neighbor next month.
Materials maker 3M $(MMM.AU)$, homebuilder D.R. Horton $(DHI)$, brokerage Charles Schwab $(SCHW)$ and regional banks Fifth Third Bancorp $(FITB)$ and KeyCorp $(KEY.AU)$ are due to report earnings before the market opens.
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(END) Dow Jones Newswires
January 21, 2025 05:12 ET (10:12 GMT)
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