The stocks making the biggest moves in premarket trading include Coca-Cola, Tapestry, Lockheed Martin, and more.
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Robinhood scraps launch of its investing app in the UK
Robinhood has told U.K. customers that it will refocus its efforts on strengthening core business in the U.S.
Alibaba’s Ant could be bigger than some Wall Street banks — What you need to know about the dual IPO
Ant Group, an affiliate of Alibaba, announced plans for its long-awaited dual listing in Shanghai and Hong Kong on Monday.
China’s commercial real estate developers see growth in 3 key areas of a post-coronavirus economy
When it comes to betting on a post-coronavirus China, some of the country’s largest property developers are concentrating on a few industry and demographic trends they expect will grow in the longer term.
Stimulus matters more to Wall Street than a vaccine: Market researcher James Bianco
Government intervention is the most powerful driver of the market rally, according to Bianco Research’s James Bianco.
Coca-Cola earnings fall 33%, but company sees improving demand as lockdowns ease
Coca-Cola CEO James Quincey said the company believes that the second quarter will likely be the most challenging of the year.
Logitech raises full-year outlook as quarterly operating profit jumps more than 75%
Logitech raised its outlook for the 2021 fiscal year and reported a more than 75% increase in non-GAAP operating income in its first quarter, boosted by demand for its webcams, video conferencing products and headsets as homeworking increased during the coronavirus lockdowns.
IBM improves gross margins in Q2 under new CEO
IBM’s revenue declined for a second consecutive quarter as the coronavirus made an impact across multiple business units.
Nasdaq 100, Dow Jones, DAX 30 Forecasts for the Week
The major equity markets will look to another string of high profile earnings reports in the week ahead as other tech members throw their hat in the ring following a rough start to the season.
ForexLive European FX news wrap: EU agrees on recovery fund, risk rallies
Forex news from the European trading session – 21 July 2020
Headlines:
Markets:
– AUD leads, EUR lags on the day
– European equities higher; E-minis up 0.7%
Headlines:
Markets:
– AUD leads, EUR lags on the day
– European equities higher; E-minis up 0.7%