Facebook hit fresh record highs yesterday while today managed to reverse early losses despite the critics by civil rights experts that the company made some decisions that were significant setbacks for the civil rights.
RBS share rebound from multi-year lows halted today as the earnings report disappointed investors. NatWest reported income of 3.8 billion in the first half of 2020, a drop of 3.75% from 2019
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,
Microsoft reported yesterday the earnings for the quarter, which came better than consensus estimates The Revenue came in at $38 billion above the expectations of $35.5 billion.
BT share spiked higher on Monday, after news that the telecommunications company is preparing plans to defend a hostile takeover after the recent collapse in its share price.
Moderna MRNA stock jumps today on speculation that coronavirus vaccine mRNA-1273 will provide positive results and will get big order in the news future. Nasdaq also said that it would add the stock to the Nasdaq 100 index.
Ocado online supermarket raised £1 billion to capitalize on the rapid change in online grocery shopping habits sparked by the COVID-19 crisis. Ocado raised £657 million through an equity placing and £350 million through a debt issue of guaranteed senior unsecured bonds due to mature in 2027.
Kodak share price gains over 380% after the US administration’s sign a $765 million loan to the company to produce pharmaceutical ingredients in generic drugs due to the COVID-19 pandemic.
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.
Alphabet will report the quarterly earnings after the closing bell today and will hold its earnings conference call to discuss second-quarter results at 4:30 p.m. ET.