Disney (DIS)

Walt Disney stock was down almost 3% in premarket trade on Monday ahead of its earnings report. Wall Street analysts expect the entertainment behemoth will report quarterly earnings of $1.20 per share, pointing to a year-over-year increase of 16.5%.

Forecasts also say revenues will hit $22.86bn, an increase of 2.4% compared to the same quarter a year ago. The consensus earnings-per-share estimate has actually been revised up for the quarter over the last 30 days by 0.3%.

Earlier this month workers in the US came to a pay deal with the conglomerate, as union action averted its first strike in around 40 years.

Meanwhile, the Mickey Mouse creator said it would lay off about 2% of its workforce in its Disney Entertainment Television devision ahead of its Q3 earnings, Adweek reported.

Airbnb (ABNB)

Airbnb stock looks set to open more than 4% lower on Monday, having declined 5.1% on Friday ahead of its earnings report later on.

The company, which is set to report after the bell, has been plagued by a rout in the broader Nasdaq, pulled down in part by a global selloff sparked by wavering confidence in the US economy.

Last quarter, the short-let tech platform beat expectations by 3.9% posting revenues of $2.1bn. That represents an increase of 17.8% year-on-year. Revenue guidance for this quarter is expected to be less buoyant.

The company is reportedly looking to bolt on luxury services like chefs and massages to bolster revenue and compete with the hotel industry.

Bitcoin (BTC-USD)

Bitcoin was trading around 13% lower against the US dollar on Monday, with prices grazing the $50,330 mark at one point, as volatility rocks the market. It has knocked more than $15,000 off its price in the last week and is now trading at its lowest level since February.

The dip comes as evidence mounts that the US economy is on shaky footing. The much watched US jobs report last week led to a market-wide dip, with prices across a range of industries taking the heat as the data missed expectations. Uncertainty around Federal Reserve rate cuts as well as the US election outcome is also a factor driving the price wobble.

Market data showed outflows from bitcoin exchange-traded funds (ETFs_ had hit the hundreds of millions last week, as investors look to less risky assets for safety.

Pershing Square (PSH.L)

Bill Ackman's Pershing Square was among the biggest losers in the FTSE 100 on Monday following news last week that the firm will withdraw from listing a fund on the New York Stock Exchange. The initial public offering would have allowed investors to buy into a portfolio of roughly a dozen stocks of his choosing.

Ackman had spent the last seven weeks road-showing the deal to potential investors, according to the New York Times.

The deal was scaled back from a raise of $25bn, to $10bn and then to $2bn, before being cancelled outright.

Today the London listed Pershing Square was down around 7.1% by 10.30am.