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Breaking news: weekly jobless claims; Twitter takes a beating; Green Mountain soaring

Hot Stock Minute

The big story in early trading was Twitter (TWTR) on concerns about slowing user growth as well as user fatigue. Yesterday's after-hours declines of nearly 17% wiped out about $600 million dollars in market value and the selling accelerated today when shares plunged more than 22% in the pre-market. Wall Street dumped shares of Twitter despite the fact that the company beat earnings and revenue estimates. The declines in user growth undercut those results. The company added just 9 million new monthly active users. That was a gain of 3.8%, far less than the 6.4 % in the previous period and the fourth consecutive quarter of slowing growth.

Meanwhile, the broader stock market pointed higher after initial jobless claims came in lower than expected and declined from the previous week. The markets have been trading in a narrow range ahead of tomorrow's jobs report. Investors will be watching for an indication of whether December's disappointing numbers were an aberration or a sign of a longer-term problem in the job market.

Poll: What do you think is the most pressing threat to job creation?

Among early stock movers: Sony (SNE). The company announced a sharp reversal in its outlook for the full year, from a profit to a loss of $1.1 billion for the full year ending in March. The company also confirmed it will sell its Vaio PC business to Japan Industrial Partners and it will slash 5,000 jobs worldwide by March of 2015. It will also split off its TV division off.

Green Mountain Coffee Roasters (GMCR) soared at staggering 40% in early trading on news that Coca-Cola will be taking a 10% stake in the company for $1.25 billion. The companies will work together to launch Green Mountain's new cold drink machine due as soon as October. Shares of its likely new rival, SodaStream (SODA) were volatile in early trading. The stock initially was sharply lower on the news, but then turned sharply higher on speculation the Coke investment in Green Mountain is validation of the sector. Green Mountain also reported adjusted earnings of $0.96 cents which beat estimates by $0.06. Revenue rose almost a percent but missed estimates.

Dow component, Walt Disney (DIS) rallied in early trading after the company beat on earnings estimates and saw revenue rise 9%, which also beat estimates. The beat was helped by Disney's hit movie "Frozen" which grossed more than $870 million worldwide and is headed to Broadway.

And General Motors (GM) was down in early trading after the company reported an ugly earnings miss this morning. GM posted adjusted earnings of $0.67 a share, which missed estimates by $0.21. Revenue rose 3% but missed expectations as well. Even with strong sales in North America, GM struggled with its international sales especially in South America and Asian markets outside of China.