Dow Jones -0.77% 26,379
S&P 500 -0.65% 3,218
Nasdaq -1.27% 10,403
That’s all from me for today. Have a good evening all!
Roku shares are trading 4.31% lower today after bearish commentary from Morgan Stanley.
Morgan Stanley lowered its forecast on Roku, reiterating its underweight rating, stating that its current value seems excessive.
They set a price target of $110 for the stock which represents a potential 27.5% downside.
Tesla shares have fallen -2.56% today.
There has been a lot of news on the company so here is a quick roundup –
Virgin Galactic $SPCE shares are down -3.89% so far today.
Earlier today the company revealed the cabin interior of its first SpaceShipTwo on a Youtube live stream.
Let’s take a look at my favourite graphic on how the US stocks are performing so far…
Harley-Davidson shares are down 4.34% so far today after the company reported its Q2 earnings report.
Its EPS decreased 123.97% YoY to $0.35.
$HOG currently trading at $28.01.
FTSE 100 +0.41% 6,129
DAX -0.02% 12,835
EURO STOXX 50 +0.03% 3,303
A little turnaround on the FTSE there, but overall a flat day in European indices.
Spectrum Pharma $SPPI Shares have surged following a positive clinical readout in relation to its ZENITH20 Phase 2 trial on lung cancer patients.
Shares are up 24% at $4.01
Francesca Holding’s shares are trading over 90% higher after the company said it has reopened 674 out of its 702 boutiques and repaid $2 million of outstanding borrowings.
Lets have a first look at the major US equities today…
Dow Jones – -0.66 26,409
S&P 500 -0.46% 3,224
Nasdaq -0.66% 10,466
Red across the board, European equities are down as well.
Shares of Eastman Kodak $KODK are continuing to rise…
Up 217% at $8.32 premarket
A little later than usual, here is out lunchtime look at how some of the equity markets in Europe are performing so far today…
FTSE 100 -0.02% 6,103
DAX -0.43% 12,783
EURO STOXX 50 -0.46% 3,287
Revenue – $3.76bn (est $3.70bn)
Adj EPS – $0.66 (est $0.74)
$PFE Pfizer has released its earnings report, here is a snippet…
Revenue – $11.8bn (est $11.73bn)
Adj EPS – $0.78 (est $0.69)
Tailored Brands share price has fallen 16.53% in premarket trading after a report by Bloomberg stated that the company is likely to file for bankruptcy.
Trading at $0.50 premarket.
Another story on Facebook here…
According to reports, the company offered TikTok creators money to exclusively join its new service ‘Reels’.
Micro Focus International’s share price is slightly higher this morning, up 1.04% to 283 GBX per share after UBS analysts set a price target of 350 GBX on the stock yesterday.
Highland Gold Mining Shares are down by -0.48% so far today as spot gold trades lower.
Highland Gold’s shares closed over 6% higher in Monday’s session. It is currently trading at 288p
Orange and Google have announced a strategic partnership to help accelerate Orange’s IT infrastructure and develop cloud services.
According to a CNBC article, “Facebook is suing the European Commission for allegedly seeking information beyond what is necessary including highly personal details for their investigations.”
Invinity Energy systems shares have continued to climb, now up 23% on the day.
Invinity Energy Systems +12%
Quartix Holdings +9%
Wasgau Produktions & Handels +9%
Bitcoin Group SE +6%
Science Group +5%
Fiat Chrysler +3%
FTSE 100 +0.48% 6,133
DAX +0.30% 12,877
EURO STOXX 50 +0.12% 3,306
Good morning traders…