Check out the companies making headlines after the bell on Wednesday.
Here’s what happened to the stock market on Wednesday
Shares of the major tech companies rebounded from Tuesday’s sell-off, putting the S&P 500 within striking distance of its all-time high.
Lyft reports dramatic revenue drop of 61% but points to uptick in rides in July
Lyft faces a threat to its business in California, where a judge issued a preliminary injunction that requires it to classify its drivers as employees eligible for benefits, not independent contractors.
Cisco falls on disappointing quarterly guidance as revenue continues to drop
Cisco now expects the fourth consecutive quarter of revenue declines, hurt in part by the coronavirus pandemic.
Trump: Dollar will be even stronger if I am reelected
Further comments by Trump
It is funny how he has come around on the dollar policy after having complained about the Fed and the ’strong‘ dollar up until . But as we look towards the election phase, it is all about public opinion and boasting, if you will.
It is funny how he has come around on the dollar policy after having complained about the Fed and the ’strong‘ dollar up until . But as we look towards the election phase, it is all about public opinion and boasting, if you will.
US president Trump: Post office funds the main hold ups in stimulus talks
Trump speaks in an interview with Fox Business
– USPS, mail-in funds the main holds ups in talks
– Democrats‘ demand for election funding also an issue holding up talks
Just a couple of token remarks by Trump so far, nothing for markets to really go on. The stalemate continues and will likely stay that way ahead of
– USPS, mail-in funds the main holds ups in talks
– Democrats‘ demand for election funding also an issue holding up talks
Just a couple of token remarks by Trump so far, nothing for markets to really go on. The stalemate continues and will likely stay that way ahead of
ForexLive European FX news wrap: Dollar keeps softer, equities quiet
Forex news from the European trading session – 13 August 2020
Headlines:
Markets:
– GBP leads, NZD lags on the day
– European equities a little lower; E-minis down 0.1%
Headlines:
Markets:
– GBP leads, NZD lags on the day
– European equities a little lower; E-minis down 0.1%
Dollar continues to keep weaker on the session
Cable moves towards a test of the 1.3100 handle again
The risk mood is still rather tepid in European morning trade, with European indices a touch lower and US futures keeping closer to flat levels for the time being. Elsewhere, gold and silver remain higher but not really doing a whole lot since the start of
The risk mood is still rather tepid in European morning trade, with European indices a touch lower and US futures keeping closer to flat levels for the time being. Elsewhere, gold and silver remain higher but not really doing a whole lot since the start of
Brexit: Next round of UK-EU negotiations set for 18-21 August next week
The next round of Brexit talks will take place in Brussels next week
Negotiators will kick things off with a dinner on 18 August at 1700 GMT, before talks continue through the week and they will wrap things up on 21 August. After that, we can generally expect the usual press conferences from Frost and Barnier.
Negotiators will kick things off with a dinner on 18 August at 1700 GMT, before talks continue through the week and they will wrap things up on 21 August. After that, we can generally expect the usual press conferences from Frost and Barnier.