Wall Street Today | GameStop soars on plans to extend rebound with stock split

U.S. equity futures edged up Friday after global shares suffered their worst quarter since the pandemic bear market, buffeted by risks from tightening Federal Reserve monetary policy and Russia's war in Ukraine.

S&P 500 and Nasdaq 100 contracts made modest gains, Australian shares wavered and futures for Japan and Hong Kong pointed lower.

Goldman analyst Nicholas Snowdon told a copper conference Wednesday that current near-record prices need to go much higher in order to stimulate a supply response. The next day, Freeport boss Richard Adkerson said market tightness "is far beyond a price issue."

U.S. farmers are poised to plant more soybeans than corn for just the third time ever as the fertilizer prices on record prompt growers to turn away from the cost-intensive grain. Corn and spring wheat futures rose.

"The lower corn sowings are proof of how much stress a lot of these farmers are under with these higher costs and broader inflationary pressures, along with so much market uncertainty," Jacqueline Holland, an analyst at Farm Futures, said in a phone interview.

The gaming retailer will request at its upcoming annual meeting that shareholders approve a proposal to increase the number of Class A shares to 1 billion from 300 million, according to a filing Thursday with the U.S. SEC. The stock jumped to a high of $203.98 after closing at $166.58 in New York.

Shares of the blank-check firm bringing Donald Trump's media venture public are sinking with daily downloads for the former president's social media app declining 95% since launching last month.

The company announced on Thursday that Alexa will notify Prime customers up to 24 hours in advance of upcoming sales on items in their Amazon wish list and shopping cart, or items that were marked "saved for later" on the platform. The feature will work with fourth-generation Echo smart speakers and newer.

The product, called Business Essentials, ranges from $2.99 per month to $24.99 per month per worker. It allows a boss or a system administrator to install corporate apps, set passcode policies, track or shut down a lost phone or laptop and provide access to cloud storage. In the more expensive tiers, users are given AppleCare credits so they can get repairs from Apple stores.

The Amazon Prime Rewards card was one of the industry's most highly coveted co-brand deals, a rare prize because of the massive scope of Amazon's loyalty program, with its estimated 150million U.S. members.