BUZZ-U.S. STOCKS ON THE MOVE-Alibaba, Tesla, Fitbit, TripAdvisor

Thu May 5, 2016 8:03am EDT
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(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter,; for the Morning News Call newsletter,

U.S. stock index futures were higher on Thursday, after three straight days of losses, as oil prices rose for the first time this week and ahead of the monthly jobs data on Friday: Dow Jones industrial average futures were up 0.32 percent at 17,637, S&P 500 futures were up 0.34 percent at 2,054 and Nasdaq 100 futures were up 0.36 percent at 4,325.25.

** ALIBABA GROUP HOLDING LTD, Wednesday close $75.82, +4.42 pct premarket

China's biggest e-commerce company reported a better-than-expected 39 percent rise in fourth-quarter revenue, helped by growth in gross merchandise volume.

** TESLA MOTORS INC, Wednesday close $222.56, +3.63 pct premarket

The electric car maker said it was stepping up production plans for its upcoming Model 3 mass-market sedan and would build a total of 500,000 all-electric vehicles in 2018, two years ahead of schedule, but warned that spending will ramp up in tandem.