The stocks making the biggest moves in premarket trading include Netflix, BlackRock, Microsoft, Lyft, and more.
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China’s banks brace for more bad loans as coronavirus-hit economy slows
Rising bad loans are set to squeeze Chinese banks‘ margins and profits in the coming quarters, said analysts.
The market is at a crossroads with surging coronavirus cases and the election looming, Ally Invest strategist says
Ally Invest’s Lindsey Bell sees growing risks in the market associated with the coronavirus and politics.
Stocks making the biggest moves after hours: Netflix, Tesla, J.B. Hunt and more
See which stocks are posting big moves after the bell.
Stocks rise slightly, shaking off a big decline in Netflix
Stocks rose on Friday, rebounding from losses in the previous session, as investors looked past a sharp decline in streaming giant Netflix.
BlackRock profit jumps 21% on fixed-income boost
BlackRock, the world’s largest asset manager, reported a 21% jump in quarterly profit on Friday, as investors poured money into its fixed-income funds and cash management services.
Netflix shares fall after earnings miss, weak subscriber guidance for third quarter
The company announced that Netflix Chief Content Officer Ted Sarandos will become co-CEO alongside current CEO Reed Hastings.
ForexLive European FX news wrap: Euro a touch higher as recovery fund talks begin
Forex news from the European trading session – 17 July 2020
Headlines:
Markets:
– CHF leads, JPY lags on the day
– European equities mixed; E-minis up 0.4%
Headlines:
Markets:
– CHF leads, JPY lags on the day
– European equities mixed; E-minis up 0.4%
BlackRock CEO Larry Fink: Clients are confused, emotional amid pandemic
Fink says that investors are ’scrambling‘ looking for a place to put their money
He is commenting in an interview with CNBC after the firm reported earnings earlier, which beat out analyst forecasts with revenue topping estimates as well – a similar narrative to other financials that have reported earlier in the week.
He is commenting in an interview with CNBC after the firm reported earnings earlier, which beat out analyst forecasts with revenue topping estimates as well – a similar narrative to other financials that have reported earlier in the week.
BOE’s Bailey: Financial markets indicate interest rates will stay very low
A couple of token remarks from Bailey
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