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.
Dow Jones +0.30% 28,332
S&P 500 +1.03% 3,479
Nasdaq +1.73% 11,665
Have a good evening all!
Salesforce has notified some staff of around 1,000 jobs cuts.
The news comes right after the company reported positive results in its latest earnings report.
Its shares are up 26% today at $272.57 per share.
There are a few tech stocks surging higher today…
Tesla (TSLA) +4%, Amazon (AMZN) +1.52%, Facebook (FB) +5.64%, Netflix (NFLX) +8%, Roku (ROKU) +9.39%, Shopify +5.53%, The Nasdaq is up 1.2%.
Update: Can’t believe I forgot Alphabet (GOOGL) +1.10%.
Netflix shares are charging higher, currently up 8% at $531.50.
We are yet to see any news.
FTSE 100 +0.1%
STOXX 50 +0.8%
Dicks Sporting Goods reported second-quarter comparable sales that beat estimates before slowing in August.
Comp. sales rose 11% through the first three weeks of 3Q
E-commerce sales were up 194% y/y in the quarter.
Dick share price is up 11% at $5.81 per share.
Dow Jones -0.11%
S&P 500 +0.12%
FTSE 100 -0.11%
EURO STOXX 50 +0.38%
Vela’s share price has plunged over 50% today…
Salesforce shares are up 13% at $244 premarket after the company raised its 2021 revenue forecast.
4D Pharma +30% – HERE’S WHY 4D PHARMA SHARE PRICE IS FALLING
Hemogenyx Pharmaceuticals +18%
Provident Financial +16%
FTSE 100 -0.23% 6,023
DAX +0.29% 13,099
EURO STOXX 50 +0.18% 3,335
-Asian markets were mixed overnight following their Wall Street counterparts.
-According to Bloomberg, China is set to buy a record amount of soybeans this year.
-The US dollar is making small gains this morning with the EURUSD and GBPUSD falling slightly.
-On today’s calendar, we have French consumer confidence coming up shortly, and US durable goods orders just after lunchtime.
-On the earnings calendar, we have names such as Dick’s Sporting Goods, NetApp, RBC, Dycom Industries, American Software, and Express.
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