Alibaba (BABA) trades higher for one more day approaching all-time highs as investors await the quarterly earnings report which will be out on August 13.
Alibaba retreat from record highs that register yesterday amid a strong rally in the technology sector in USA and China. AliExpress Russia announced that it is targeting for annual sales of $10 billion by 2022-2023
Google extends yesterday’s gains and now approaching the all-time highs as the positive momentum around the technology sector continues with intense buying in China and USA.
Apple makes fresh all-time highs with the capitalization now at 1.62t after another hike in price target by analysts. Apple is taking advantage of the lockdown as more and more consumers staying at home and downloading apps.
Apple started the session with hefty gains after a short correction that lasted for three trading sessions. The stock boosted by news that the company has signed a deal with Martin Scorsese
Apple stock point to higher opening after the company won the court fight against 15 billion EU tax order. In 2016 the European Commission (EC) said Apple (AAPL) had benefited from illegal state aid
Barclays is under selling pressure for the third straight day ahead of the release of the second-quarter earnings report on July 29. Barclays said its half-year results would reflect challenging income
Barclays gives up yesterday gains as the risk-off sentiment weigh on risky assets today. FTSE 100 gives up almost 1.25% as the banking sector is under selling pressure.
Barclays is under severe selling pressure today after the stock price rejected the previous week at the 100-day moving average. Barclays reported a 19.6% rise in total income to 6.3 billion,
BT trades higher today as investors sentiment improves across the board while the FTSE 100 is 0.60% higher at 6,280. BT started a correction in mid-December before the coronavirus outbreak.