Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top
Stocks & Markets Analysis
Views 3.3M Contents 5432

Morning Briefing: Watch these FAANG stocks and Tesla into earnings this week

avatar
Moomoo Breakfast US joined discussion · Jul 26, 2021 05:16
Morning Briefing: Watch these FAANG stocks and Tesla into earnings this week
Hey, moomooers! Here are things you need to know before the opening bell:

- Stock futures slipped after the major averages finished the previous session at record closing highs and ahead of a busy week of earnings reports from technology’s heaviest hitters.

-FAANG and Tesla earnings this week! Book now to watch Tesla Q2 2021 earnings conference call live.
Market snapshot
Stock futures slipped after the major averages finished the previous session at record closing highs and ahead of a busy week of earnings reports from technology's heaviest hitters.
$Dow Jones Industrial Average (.DJI.US)$ futures declined 266 points. $S&P 500 Index (.SPX.US)$ and $NASDAQ 100 Index (.NDX.US)$ futures also both traded in negative territory.
Those losses came as shares in Hong Kong suffered heavy losses during the Asia trading session on Monday, with the $Hang Seng Index (800000.HK)$ in the city plummeting 4%.
Morning Briefing: Watch these FAANG stocks and Tesla into earnings this week
Source: Bloomberg
Crypto
$Bitcoin (BTC.CC)$ traded 10.77% higher at $38,274.73 at 5:30 AM EDT. Over a week, the apex coin has risen around 2%.
$Ethereum (ETH.CC)$ traded 8.44% higher at $2,342.99 at 5:30 AM EDT. Over a seven-day trailing period, ETH traded about 6% higher.
$Dogecoin (DOGE.CC)$ was up 13.18% at $0.22 at 5:30 AM EDT.
Morning Briefing: Watch these FAANG stocks and Tesla into earnings this week
Source: moomoo
Top news
$Credit Suisse (CS.US)$ settles spying case with ex-executive Iqbal Khan
The spying scandal is one of a slew of legal and reputational knocks dogging the bank.
A space company's Wall Street launch misfires
Investors weren't told about Momentus's technology challenges and national security issues, the SEC says.
Ryanair sees a further drop in fares to counteract 'pingdemic,' travel uncertainty
Ryanair said that it expects the U.K.'s current "pingdemic" to lead to more uncertainty and that it will counteract this with more price stimulation and lower fares in the near term.
Philips launches EUR1.5B share-buyback program
Koninklijke Philips launched a EUR1.5 billion share buyback as it reported a fall in second-quarter net profit after booking a provision against a faulty component used in some sleep and respiratory-care products, as previously flagged.
China's tutoring rules slam education stocks
The country confirmed its intention to take drastic steps to restrain the booming after-school tutoring industry, the most recent regulatory assault on the sector.
Huawei hires democratic lobbyist Tony Podesta
The hiring comes amid a renewed D.C. lobbying push by the Chinese company, which had faced relentless attacks by the Trump administration.
PCCW to sell data center business for $750 million
PCCW has agreed to sell its data center business to a New York-listed infrastructure REIT DigitalBridge Group for $750 million, in a bid to focus on its main telecom business.
Chinese EV maker $Li Auto (LI.US)$ plans to list in Hong Kong
Electric-vehicle maker Li Auto Inc. plans to list on the Hong Kong stock exchange, making it the latest U.S.-listed Chinese company seeking to tap investors closer to home. $Li Auto Inc. (810105.HK)$
Kimberly-Clark plans higher prices through next year
The consumer-goods maker lowered its sales and profit outlook, as rising materials costs and weaker demand for paper products weighed on its second-quarter results.
Key events this week
Morning Briefing: Watch these FAANG stocks and Tesla into earnings this week
Morning Briefing: Watch these FAANG stocks and Tesla into earnings this week
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
1
88
1
6
+0
30
Translate
Report
341K Views