Good morning moomooers! Here are things you need to know before the opening bell:

• U.S. stock futures declined in early trading Wednesday following the Dow's worst day since February as investors dumped tech shares again.

• Stocks making the biggest moves in the premarket: Unity Software Inc, Array Technologies Inc& more

Market Snapshot

U.S. stock futures declined in early trading Wednesday following the Dow’s worst day since February as investors dumped tech shares again.

Dow futures were lower by 78 points. Contracts tied to the S&P 500 plunged 10.5 points. Nasdaq 100 futures dropped 60 points.

Investors will be keeping an eye on key U.S. inflation data on Wednesday, with many having grown worried that a rapid rise in inflation may force central banks to raise interest rates and implement other tightening measures.

Premover

Stocks making the biggest moves in the premarket: Unity Software Inc, Array Technologies Inc& more

$Unity Software Inc(U.US)$ - The 3D content platform provider lost 10 cents per share for its first quarter, smaller than the 12 cents a share loss anticipated by Wall Street. Revenue came in above estimates. Additionally, Stifel upgraded the stock to 「buy」 from 「hold,」 noting a 52% drop from a December high and an upbeat quarterly report. The stock jumped 6.5% in the premarket.

$Array Technologies Inc(ARRY.US)$ - Array Technologies EPS misses by $0.01, beats on revenue. Array Technologies: Q1 Non-GAAP EPS of $0.19 misses by $0.01; GAAP EPS of $0.02 misses by $0.13. Revenue of $245.93M (-43.8% Y/Y) beats by $7.07M.

Top News

• Amazon faces ruling on $300 Million EU tax appeal
  

  The European Union's second-highest court is set to decide whether to uphold a roughly $300 million tax bill that the bloc's antitrust officials have said Amazon.com Inc. owes to Luxembourg.

• SoftBank reports the highest-ever annual profit for a Japanese company
  

  SoftBank Group smashed profit records in its home country, riding a series of blockbuster IPOs to an annual net income of $45.9 billion-the highest ever for any Japanese company.

• Pentagon to remove China's Xiaomi from blacklist after lawsuit
  

  The Defense Department has agreed to remove Xiaomi from a list banning U.S. investment in the Chinese tech giant.

• Boeing says 737 MAX supplier tech driven to bankruptcy by owners
  

  Boeing said that in return for providing roughly $60 million in bankruptcy financing, it deserves a stake in possible commercial tort claims against Tect's directors and officers for potentially breaching their fiduciary duties to the company, which filed for chapter 11 protection last month.

• Occidental Petroleum climbing out of its Anadarko Hole
  

  Occidental's first-quarter results show long-term investors hope for returns-even if that is sometime in the distant future.

• Michigan threatens enbridge's profits in Great Lakes pipeline dispute
  

  Gov. Gretchen Whitmer and Daniel Eichinger, director of Michigan's natural resources department, remind the company in a letter that the state revoked a permit that allowed the Line 5 pipeline to run along the bottom of the Straits of Mackinac.

• Mortgage lender better to go public in SPAC deal
  

  The digital startup would merge with Aurora Acquisition and raise nearly $800 million in new capital.

• Commerzbank upbeat on outlook after surprise first-quarter profit
  

  Commerzbank lifted its revenue outlook for the year after posting an unexpected profit of EUR133 million for the first quarter, supported by a strong top line and lower provisions.