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Stock Market Updates 17/08 – Rackspace Stock Jumps After AMZN Investment Report

Updated: 17 Aug 2020

latest updates

Latest 21:04
US Markets Close

  • Dow Jones  -0.31%  27,845
  • S&P 500  +0.30%  3,383
  • Nasdaq  +1.00  11,129

Have a good evening all!

Today 20:44
Nvidia Shares

Nvidia shares are having a great day, up 6.55% at $492.85 after Wells Fargo maintained an overweight rating on the stock and raised its price target to $510.

Today 20:28
Tesla

Tesla shares have hit session highs again and moved to a record level $1836.

Today 19:58
Apple/Epic Games

Epic Games says that Apple will cut off its app development account on August 28th according to a tweet from @zerohedge

Today 19:12
US Stock Performance

Here is how US stocks are performing so far today…

Today 17:40
Tesla Stock

Tesla’s share price has hit all-time highs, touching $1796.

Today 17:07
Rackspace Stock

Rackspace stock is up 13% at $18.86 after Reuters reported that Amazon is to invest in the company.

Today 16:58
EasyJet Shares

EasyJet shares fell 4.59% to 544.6p today after the company announced it is cutting up to 670 jobs and plans to close bases at Stansted, Southend, and Newcastle.

The airline industry just can’t catch a break.

Today 16:50
European Equities Closing Prices

  • FTSE 100  +0.62%  6,127
  • DAX   +0.11%  12,915
  • EURO STOXX 50  +0.03%  3,305

Not a massive move, but green is green!

Today 16:20
Barrick Gold Share Price Surges

Barrick’s share price is up at $30.08, +11.41% after Warren Buffet’s investment in the company, here is the full story…

BARRICK GOLD SHARES SURGE AFTER WARREN BUFFET INVESTMENT

Today 16:17
Nikola Share Price Plunges

Nikola Corporation’s share price is down -5.87% at $43.26.

Today 14:59
US Equities

  • Dow Jones -0.19%  27,877
  • S&P 500     +0.29% 3,382
  • Nasdaq       +0.85%  11,112

Today 14:57
TRACON Pharmaceuticals

TCON shares are trading 25% higher at $2.14 after the company announced it received FDA clearance for its ENVASARC Pivotal Trial.

Today 12:20
Lloyds Price Target

Lloyds Banking Group’s price target has been cut by Deutsche bank from 34p to 32p per share.

Its share price has fallen -0.4% today to 28.83p.

Today 12:18
European Equities Lunchtime Update

  • FTSE 100  +0.53%
  • DAX  +0.14%
  • EURO STOXX 50  +0.01%

Today 12:16
Amazon Investigated

Amazon is being investigated by the German Federal Cartel Office for abusing its market dominance during the pandemic according to CNBC.

Today 10:09
Apple

Apple is expected to launch the iPhone 12 in October according to reports.

Today 10:01
European Market Movers

Supply@ME +56%

Altus Strategies +18%

Verona Pharma +14%

OSE Immuno +11%

Midwich Group +9%

Marston’s -3%

 

Today 08:32
European Equities

  • FTSE 100                     +0.37%  6,112
  • DAX                               +0.34% 12,944
  • EURO STOXX 50       +0.26%  3,313

Today 07:50
Morning Preview

Morning traders…

  • Asian markets were mixed with the ASX and Nikkei both closing lower while the Hang Seng is trading up over 1%.
  • The US-China trade review has been delayed, or so they say!
  • In FX markets the US dollar has weakened with both the euro and GBP trading higher against it this morning.
  • Novavax is reported to be starting its coronavirus vaccine Phase 2 trial.
  • Tesla’s China car registrations hit 11,623 units in July, down from the 15,529 units in June.
  • On today’s calendar, is very little, Bundesbank’s Beermann is the only thing to watch out for.
  • A few names on the earnings calendar include Cellcom, Nordic American Tankers, America’s Car-Mart, and Arco.

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