TOP MARKETS NEWS: Week 07/26 – 08/01

Weekend 07/31 & 08/01

China’s factory activity in July grows at slowest pace since February 2020 – cnbc
What should you be keeping an eye on in the markets next week? Find out in our weekly overview – wfc
July jobs report could be what gives the market its next big jolt in the week ahead – cnbc
Delta Variant Causes One Of China’s Worst Outbreaks Since Wuhan – Zerohedge


Friday 07/30

Business Live – guardian 
Amazon, Mastercard, Pinterest and More Friday Afternoon Analyst Upgrades and Downgrades – 247wallst
CDC study shows 74% of people infected in Massachusetts Covid outbreak were fully vaccinated – cnbc

S&P 500 closes Friday lower as Amazon shares slide, but notches sixth straight positive month – cnbc
We Have The First Trillion Dollar Reverse Repo – Zerohedge
“It’s Probably Time To Sell!” – Guggenheim’s Minerd Warns Of Delta’s Looming Threat To Risk Assets – Zerohedge
Key inflation indicator up 3.5% year over year in June for fastest gain since 1991 – cnbc
Fed’s Favorite Inflation Signal Surges At Fastest Pace In 30 Years As Spending, Income Rise – Zerohedge
Exxon Rises After Beating Q2 Earnings On Blowout Chemicals Results – Zerohedge
Stocks making the biggest moves premarket: P&G, Exxon Mobil, Chevron, Caterpillar and others – cnbc
Futures Slide On Amazon Plunge, But World Markets Set For 6th Month Of Gains – Zerohedge
Robinhood’s Debut Drop Threatens Record Year’s IPO Pipeline – yahoofinance
At Least 12 Million Households Face Eviction As Moratorium Ends – Zerohedge
BNP Paribas reports a 26% jump in net profit as retail banking rebounds – cnbc
European stocks set to pull back from highs with earnings, data taking center stage – cnbc
Hong Kong’s Hang Seng tumbles more than 2% as tech shares decline; Asia-Pacific markets dip – cnbc


Thursday 07/29

Business Live – guardian
Thursday’s Top Analyst Upgrades and Downgrades – 247wallst

Amazon Crashes After Missing Revenues, Guiding Far Below Consensus – Zerohedge
Stocks making the biggest moves after hours: Amazon, Pinterest, Gilead & more – cnbc
Dow climbs 150 points to touch an intraday record as investors look past weak economic data – cnbc
Robinhood Suffers Worst Big IPO Debut Ever As Dollar Dumps To 1-Month Lows – Zerohedge
Robinhood falls in its public market debut, closes more than 8% lower at $34.82 per share – cnbc
Goldman Downgrades China Stocks After Clients Ask If They Are Even “Uninvestable” Any More – Zerohedge
Stocks making the biggest moves premarket: Comcast, Merck, Temper Sealy, Yum and others – cnbc
Initial Jobless Claims Disappoint As The Number Of Americans On The Dole Rises Back Above 13 Million – Zerohedge
GDP Huge Miss: Economy Grew Just 6.5% In Q2, Far Below 8.5% Expected On Surprise Inventory Drop – Zerohedge
U.S. prosecutors charge Trevor Milton, founder of electric carmaker Nikola, with three counts of fraud – cnbc
Futures Rise, Europe Hits Record Supported By Fed, China, Earnings – Zerohedge
Nokia Oyj Earnings, Revenue Beat in Q2 – investing
European markets inch higher as investors digest earnings, Fed decision – cnbc
Oil giant Shell raises dividend and launches $2 billion share buyback as commodity prices soar – cnbc
Volkswagen posts record first-half earnings and raises profit margin target – cnbc
Chinese stocks in tentative bounce, Fed in no hurry to taper – Reuters
Hong Kong stocks surge as Beijing soothes frayed nerves over regulatory clampdown, pumps more liquidity into system – scmp



Wednesday 07/28

Business Live – guardian

The CDC’s Hysterical Delta Flip-Flop Might Be Its Final Undoing – Zerohedge
USA Today Scrubs Passage Suggesting Vaccinated Individuals May Spread COVID With ‘Higher Levels’ Of Virus – Zerohedge

Stocks making the biggest moves after hours: PayPal, Facebook, Ford and more – cnbc
Facebook beats, but warns of significant growth slowdown – cnbc
Facebook Tumbles On Disappointing DAUs, Warning Revenue Growth Will “Decelerate Significantly” – Zerohedge
PayPal comes in light on revenue, profit drops from last year – cnbc
Ford raises its 2021 outlook after surprise second-quarter profit – cnbc
3 Reasons Why Dollar Sold Off Post FOMC – bk
Qualcomm optimistic on 5G, connected device sales as chip supply bottlenecks ease – scmp
Qualcomm shares rise as revenue pops 63% driven by chip sales – cnbc
Powell Pumps Stocks, Dumps Dollar In Dovish Doublespeak – Zerohedge
S&P 500 closes flat as Fed keeps easy policies, Alphabet and Boeing shares jump – cnbc
Warning: Robinhood IPO Is One Of The Most One-Sided Casino Offerings In History – Zerohedge
5 Takeaways From Powell’s Conference – Zerohedge
Fed holds rates near zero, says economy has gotten better even with pandemic worries – cnbc
Here’s what’s in the $550 billion bipartisan infrastructure deal – cnbc
FACT SHEET: Historic Bipartisan Infrastructure Deal – WH
China’s Plunge Protectors Arrive: Beijing Convenes Banks To “Restore Market Calm After Rout” – Zerohedge
WTI Extends Gains After Across The Board Inventory Draws – Zerohedge
Alphabet, Apple, Starbucks, Visa and More Wednesday Afternoon Analyst Upgrades and Downgrades – 247wallst
Stocks making the biggest moves premarket: McDonald’s, Boeing, Pfizer, Spotify and more – cnbc
Futures Rebound As Chinese Rout Fades, All Eyes On The Fed – Zerohedge
Boeing Surges After Reporting Surprise Profit – Zerohedge
Boeing posts surprise profit as aircraft demand rebounds from pandemic slump – cnbc
Pfizer sells $7.8 billion in Covid shots in the second quarter, raises 2021 guidance on vaccine sales – cnbc
McDonald’s earnings beat, driven by new chicken sandwich and promotion with K-pop band BTS – cnbc
GlaxoSmithKline Earnings, Revenue Beat in Q2 – INVESTING
Deutsche Bank smashes estimates for the second quarter despite slide in trading revenues – cnbc
Santander books Q2 net profit of 2.07 bln euros on lower provisions – Reuters
Shipping prices may be heading higher but are ‘not super yet,’ analysts say – cnbc
UBS warns that it’s not time to bottom fish in the Chinese markets yet – cnbc
Analysis: No gain without pain: Why China’s reform push must hurt investors – Reuters
International investor concerns mount over China’s tech rout – Reuters
Asia shares sit at 2021 lows ahead of Fed decision, China steadies – Reuters


Tuesday 07/27

China regulatory crackdown fuels European share sell-off, Reckitt falls 9% – live – guardian

Stocks making the biggest moves after hours: Alphabet, Microsoft, Apple and more – cnbc
Microsoft posts big earnings beat and gives optimistic revenue forecast – cnbc
Google advertising revenue rises 69% from last year – cnbc
Apple demolishes earnings expectations, but stock falls after iPhone chip supply warning – cnbc
S&P 500 falls from a record ahead of big earnings, snaps a 5-day win streak – cnbc
US Durable Goods Orders Unexpectedly Slow In June – Zerohedge
Stocks making the biggest moves in the premarket: F5 Networks, UPS, Sirius XM and more – cnbc
Fed Preview – Two 5 Letter Words that could Make or Break Dollar – bk
GE lifts full-year free cash flow target on recovery hopes – Reuters
How Tesla shrugged off a $23 million bitcoin loss last quarter: CNBC After Hours – cnbc
UPS beats profit estimates on online delivery momentum – Reuters
European power markets ease but prices remain high – ing
Reckitt sales disappoint, warns costs to squeeze margins – Reuters
European markets set for lower open as investors watch earnings, Covid, extreme weather – cnbc
China’s state media moves to reassure rattled investors after rout wiped US$574 billion off stock market – scmp
China jitters pull Asian stocks to seven-month low – Reuters
China shares extend losses on regulation concerns; Hong Kong down – Reuters
Global investors dump Chinese stocks by the most in a year amid US$557 billion market meltdown – scmp


Monday 07/26

Business Live – guardian

Bitcoin Tumbles After Amazon Denies It Will Accept Crypto This Year – Zerohedge
Tesla Jumps After Beating Expectations, Says Shanghai Is Now Main Hub For Auto Exports – Zerohedge
Tesla reports more than $1 billion in net income during Q2, up tenfold from a year ago – cnbc
Crypto Pops, Dollar Drops, Bonds & Stocks Chop – Zerohedge
S&P 500 ekes out another record as investors gear up for big earnings – cnbc
Did Today’s Shockingly Bad Home Sales Data Just Derail The Fed’s Tapering Plans – Zerohedge
Goldman Sachs trims U.S. growth outlook due to weaker service sector – Marketwatch
And Now The Hangover: Goldman Sees Sharp Deceleration In US Economic Growth In 2022 – Zerohedge
Amazon Bitcoin Rumors Send The Cryptocurrency Surging Towards $40,000 – FORBES
Key Events This Very Busy Week: Fed, GDP, Earnings Gallore And Much More – Zerohedge
International buyers dropped out of U.S. housing during pandemic, but China is rushing back – cnbc
New Home Sales Crash In June To Lowest Since April 2020 – Zerohedge
Housing boom is over as new home sales fall to pandemic low – cnbc
Futures Slide As Chinese Stocks Crash, Bitcoin Surges Ahead Of Fed – Zerohedge
FX: 10 Things to Watch this Week – bk
Philips second-quarter earnings beat forecast as pandemic fuels demand – Reuters
“Everyone Is In The Crosshairs”: China Sees “Panic Selling” Amid Unprecedented Crackdown – Zerohedge
Crypto Soars Higher In Early Asia Trading, Bitcoin Nears $40k – Zerohedge
The Role Of Impaired Liquidity On The Recent Treasury Market Rollercoaster – Zerohedge