Sam is a professional trader and the lead stock market news writer at AskTraders. After starting his career in the forex market, Sam now focuses on gold and stocks with a preference for fundamental and macroeconomic analysis.
S&P 500 +0.47%
Aleron Therapeutics stock closed 36.45% higher at $2.37 after the company announced it will be hosting a conference call and live webcast to discuss results from a Phase 1b proof of concept study of ALRN-6924.
Just a reminder that Netflix is to report its earnings after-hours. The report is expected to be released at around 9 pm.
Analysts are forecasting an EPS of around $2.13 for Q3 2020.
The US Department of Justice is to file an anti-trust lawsuit against Google today saying that the company has maintained a monopoly by using anti-competitive practices.
FTSE 100 +0.07%
STOXX 50 -0.24%
IBEX 35 +0.97%
CAC 40 -0.27%
General Motors has announced that it is investing more than $2.2 billion in its US manufacturing operations to increase the production of electric vehicles.
Logitech (SIX: LOGN) share price rose more than 20% on Tuesday after the producer of computer equipment said its sales rose by 75% in the second quarter.
S&P 500 +0.42%
Panthera Resources +67.44%
Valeura Energy +19.23%
Panther Metals +18.18%
APQ Global -37.14%
AIQ Limited -17.50%
Mkango Resources -16.50%
Luceco (LON: LUCE) shares are up 10% at 241p after the company released a Q3 trading update stating that performance and current trading are ahead of previous expectations and that the company has now increased its full-year guidance.
Its Q3 revenue is up 7.5% with online demand better than expected. Luceco now expects its full-year revenue growth to equal last year’s at £172.1 million with the ground lost during the coronavirus lockdown now fully recovered.
FTSE 100 +0.09%
STOXX 50 +0.15%
IBEX 35 +0.32%
CAC 40 +0.37%
-Asian indices traded mixed overnight
-According to reports, Pelosi and Mnuchin are narrowing the gap on stimulus talks and there will be more talks today
-Ireland will impose a new national lockdown to combat the coronavirus outbreak
-Kodak’s CEO said the company will move forward on its generic drug ingredients venture, with or without a Federal loan
-Aptinyx shares surged 85% after-hours after reporting positive statistically significant top-line data from its Phase 2 study of NYX-783 in patients with PTSD
-In FX markets the US dollar has pushed slightly higher against most other major currencies in the past hour
-On today’s calendar we have US building and housing data along with speakers from the BoE, Bundesbank and Fed
-The earnings calendar includes names such as Netflix, Snap Inc, P&G, Interactive Brokers, Navient, and iRobot
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