DOW -2.25% 27,501
S&P 500 -2.76% 3,332
NASDAQ -4.11% 10,847
Just to add, $TSLA closed 21% lower, $GOOGL down 3.6%, and $AAPL closed 6.7% lower.
Stocks took a beating today particularly Tesla.
Anyway, that’s all from me, have a good evening people!
$WORK
Slack Stock is up 1.48% at $29.50 as we approach the close. The company is reporting its earnings after the market closes.
$AAPL
Apple has reacted in its legal battle with Epic Games, filing counterclaims saying that the gaming company has breached its contract with Apple: Via CNBC
$GM $UBER
GENERAL MOTORS IN PACT WITH UBER
GM TO OFFER $UBER DRIVERS SPECIAL PRICING ON NEW EV PURCHASES: Via Twitter @DeltaOne
$CODX
Co Diagnostics shares are up 35% at $11.16 after the company announced that it has entered into an agreement with Arches Research, Inc, a CLIA laboratory and subsidiary of Polarity TE, Inc, (Nasdaq: PTE), to expand Arches’ COVID-19 testing services using Co-Diagnostics’ Logix Smart™ COVID-19 test kit.
FTSE 100 -0.18% 5,926
DAX -1.01% 12,968
STOXX 50 -1.38% 3,268
DOW -1.21% 27,793
S&P 500 -1.85% 3,363
NASDAQ -3.27% 10,94
$GM $NKLA
Nikola shares have surged 31% to $46.85 per share premarket after General Motors announced it is taking an 11% share in the electric vehicle company. The deal is worth around $2 billion.
General Motors shares are up 4.93% premarket at $31.48.
For any of you, BTC traders out there…
HERE’S HOW BITCOIN (BTC) PRICE COULD REACH $8,000 IN SEPTEMBER
i-nexus Global (INX) +70% – I-NEXUS GLOBAL (INX) SHARE PRICE SOARS AFTER SALES BOOST
Hydrogen Group (HYDG) +35%
Worldsec LD +33%
Fuji pharma (FUP) +25%
ToqueBlancheMonde (MLTBM) +21%
Yoc (YOC) +14%
Tesla shares are down 7.56% pre-market at $386.68 per share.
It seems stocks go down as well, who would have thought!
FTSE 100 +0.47% 5,965
DAX -0.11% 13,085
STOXX 50 -0.18% 3,308
Good morning all…
-Asia-Pacific markets performed positively. The Nikkei closed 0.81% higher while the ASX closed at +1.06%.
-US President Trump has raised the prospect of “decoupling” the US economy from China.
-In Brexit news, the UK’s chief negotiator has called for “realism” from the EU.
-In FX markets the USD has shown some weakness so far this morning.
-On today’s calendar, we have seen Germany’s balance of trade come in lower than estimated while still to come there is France’s balance of trade, Italian retail sales and EZ Q2 GDP 3rd est.
-Names on the earnings calendar include Slack, Lululemon, Napco, Coupa and Health Equity.
