Tag: NYSE:BABA
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Friday’s Wall Street Highlights: Alibaba, Biogen, Uber, Meta, Amazon, Costco and more
US index futures are moving with no clear direction, with a bearish trend, due to anticipation around the June US jobs report, Payroll. Investors are waiting for the data to assess the performance of the job market and its possible influence on the economy. By 07:01 AM, Dow Jones Futures (DOWI:DJI) were down 3 points, or…
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Wednesday’s Wall Street Highlights: Meta, Amazon, Rivian, Pfizer, UPS and More
US index futures are lower on Wednesday morning, due to weak activity data in China and Europe, which renewed fears of a global recession. By 6:59 AM, Dow Jones (DOWI:DJI) futures were down 142 points, or 0.41%. S&P 500 futures were down 0.40%, while Nasdaq-100 futures were down 0.47%. Yields on 10-year Treasuries are at 3.853%. The services…
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Friday’s Wall Street Highlights: Tesla, Nike, ASML, Apple and more
US Index Futures showed gains on Friday, which marks the close of the second quarter. Traders are watching data on personal consumption spending, a leading indicator used by the Federal Reserve to gauge inflation. In addition, a battery of economic data in Europe encouraged investors, showing resilience in activity and inflation on a downward trajectory. By 6:56…
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Wednesday’s Wall Street Highlights: Nvidia, Micron, AST SpaceMobile, UBS and more
US Index Futures are lower on the prospect of tighter restrictions on AI technology exports to China. Investors are also looking forward to Federal Reserve Chair Jerome Powell joining a panel with other central bank leaders seeking insights on US monetary policy. By 7:05 AM, Dow Jones (DOWI:DJI) futures were up 18 points, or 0.05%. S&P 500 futures…
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Crypto This Monday: NEAR Soars After Alibaba Partnership, HSBC Makes Way for Crypto in Hong Kong, and More
Bitcoin holds new support on growing US interest At the open of Wall Street on June 26, Bitcoin (COIN:BTCUSD) price was at $30,500 with new support being held by the bulls. Buyer interest in the US boosted the market, especially due to announcements of institutional product applications based on the spot price of Bitcoin. US-led demand is on…
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Monday’s Wall Street Highlights: Goldman Sachs, IBM, Tesla, Lucid and more
US Index Futures start the week with a hedging bias, with stock markets and bond yields lower on Monday morning. The most recent economic data showed weakness in developed economies and the aggressive posture of central banks in relation to controlling inflation increases the risks of recession. This drives the week’s early flow into hard currency, fixed…
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Wednesday’s Wall Street Highlights: MSG Entertainment, FedEx, Tesla, Hewlett Packard and more
US Index Futures were lower in premarket trading on Wednesday, weighed down by investors’ caution in anticipation of Powell’s speech, scheduled to begin at 10:00 AM. Powell will be able to clarify, to investors, the outlook for monetary policy in the second half of this year, after saying, the previous week, that Fed members foresee further…
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Crypto This Tuesday: Cardano Launches Node 8.1.1, EDX Markets Starts Operations, and More
Binance Confirms Bitcoin Lightning Network Integration for Deposits and Withdrawals Cryptocurrency exchange Binance has confirmed its intention to join the Bitcoin (BTC) Lightning Network for deposits and withdrawals. Binance will join other major exchanges such as Bitfinex, Kraken and OKX that have already implemented the technology. The crypto community has spotted Binance nodes on the network, and…
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Tuesday’s Wall Street Highlights: Airbus, Intel, Grab, Alibaba, FedEx and more
US Index Futures pull back on the return of yesterday’s US holiday. By 6:44 AM, Dow Jones futures (DOWI:DJI) was down 122 points, or 0.35%. S&P 500 futures were down 0.37%, while Nasdaq-100 futures were down 0.43%. The 10-year Treasury yield was at 3.775%. On the international scene, China lowered its key interest rates to stimulate the economy. Producer…
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Friday’s Wall Street Highlights: Microsoft, Intel, Virgin Galactic, Disney, and more
US Index Futures traded little changed in premarket trading on Friday, with the S&P 500 on course to close the week at a 16-month high. By 7:02 AM, Dow Jones Futures ( DOWI:DJI ) was down 4 points, or 0.01%. S&P 500 futures gained 0.04%, while Nasdaq-100 futures added 0.15%. The 10-year Treasury yield was at 3.732%. The Bank…