Investors should be aware of the following five essential points before beginning the trading day:
1. A large new number Wednesday saw the S&P 500 reach a new high as a result of semiconductor stock gains, finishing above 5,600 for the first time ever.
2. Earnings season commences After the airline began the earnings season with a forecast that was below analyst expectations, Delta’s shares plummeted by about 10% in premarket trade on Thursday morning.
3. Samsung desires to adorn it with a single ring. On Wednesday, the tech giant unveiled the Galaxy Ring, a thin and light “smart ring” featuring sensors for round-the-clock health monitoring. Beginning at $399.99, the ring is available.
4. Not at the location Hubspot’s software company shares fell 12% on Wednesday following news from Bloomberg that Alphabet, the parent company of Google, had cancelled plans to purchase the business.
5. Prices rise Costco will get more expensive. The store announced on Wednesday that, as of September 1, the normal annual membership fee in the United States and Canada will increase by $5, to $65 from $60. The “Executive Plan,” the top grade of its membership, would rise by $10 to $130 from $120 annually.
Source (CNBC)
