Investors should be aware of the following five essential points before beginning the trading day:
1. Come back After suffering losses during the preceding three trading days, stocks made a minor recovery on Tuesday. At 38,997.66 at the close of the session, the Dow Jones Industrial Average increased by 0.76%.
2. Absurdly prosperous For Uber, the second quarter was successful. The business reported earnings of 47 cents per share on $10.7 billion in revenue, above Wall Street’s projections for the same period. That is more than the 31 cents per share on $10.57 billion in revenue that LSEG polled analysts to predict.
3. Verbal combat By joining CrowdStrike, Microsoft responded to Delta Air Lines. In a recent letter to Delta’s lawyer, David Boies, Microsoft representative Mark Cheffo stated that Microsoft had volunteered to assist Delta at no cost following the worldwide IT disruption that resulted in hundreds of aircraft cancellations.
4. Walz-ing in: On Tuesday, Vice President Kamala Harris announced the selection of Governor Tim Walz of Minnesota as her running partner in the November election. “In a message to supporters, Harris stated that Tim is a proven leader with a remarkable history of achieving results for Minnesota families.”
5. Elevating the game Disney is going to charge more for streaming. A press release states that starting in mid-October, the majority of Disney+, Hulu, and ESPN+ plans would have a $1 to $2 monthly increase. Disney+ basic will run you $9.99, while premium will set you back $15.99.
Source (CNBC)
