TOP MARKETS NEWS: Week 08/02 – 08/08

Friday 08/06

Business Live – guardian

Huawei chairman says the ‘aim is to survive’ as revenue slides 30% – cnbc
The world’s largest container shipping firm posts soaring second-quarter earnings – cnbc
German industry waiting for its ‘glass ketchup bottle’ effect – ing
European stocks set for muted open as investors track earnings, Covid-19 and economic data – cnbc
China Telecom prices shares for US$8.4 billion Shanghai listing after removal from NYSE – scmp
Bukalapak surges 25% as Indonesia’s largest IPO fuels tech excitement – Reuters

Thursday 08/05

Business Live – guardian

Stocks making the biggest moves after hours: Beyond Meat, Virgin Galactic, TripAdvisor & more – cnbc
Dow rises over 200 points, S&P 500 notches record close ahead of Friday’s key jobs report – cnbc
Retail Stock Buying In July Blew Away All Records, 50% Higher Than Previous All Time High – Zerohedge
Stocks making the biggest moves midday: Wayfair, Fastly, Robinhood and more – cnbc
Dollar Rallies Ahead of #NFP – Will Jobs Report Beat? – bk
Goldman Hikes S&P Price Target To 4,700 Due To Lower Rates, Says S&P Could Hit 5,000 If Yield Slide Further – Zerohedge
Robinhood Stock Craters As Investors File To Sell 97.9 Million Shares One Day After Reddit-Fueled Surge – forbes
Ethereum just activated a major change called the ‘London hard fork’ — here’s why it’s a big deal – cnbc
Ethereum Surges After Completing ‘London’ Hard-Fork On Path To “Ultrasound Money”- Zerohedge
Stocks making the biggest moves premarket: Moderna, Cigna, Penn National, Wayfair and others – cnbc
Moderna says its Covid vaccine booster produced ‘robust’ immune response against delta – cnbc
Futures Rise Ahead Of Claims Data; Europe Hits Another Record High – Zerohedge
Goldman Boosts S&P 500 Target on Earnings Growth, Low Rates – Bloomberg
BOE Keeps Policy Unchanged, Will Start Balance Sheet Reduction Once Rates Hit 0.5% – Zerohedge
Robinhood Tumbles After Insiders File To Sell 98 Million Shares – Zerohedge
Adidas raises outlook despite falling sales in China as boycott there continues – cnbc
European markets inch higher as investors watch earnings; Adidas down 5% – cnbc
Spain Complains To EU Over Soaring Cost Of Electricity; But Guess What… – Zerohedge
China Suspends Travel, Ramps Up Testing As Delta Outbreak Hits Wuhan – Zerohedge


Wednesday 08/04

Business Live – guardian

Bonds Hammered As Unexpectedly Hawkish Clarida Sends Yields Surging – Zerohedge
Fed’s Kaplan wants bond-buying taper to start soon and be gradual – Reuters
US Services Surveys Signal Stagflation As Prices Soar – Zerohedge
GM posts $2.8B profit, but cautious tone sinks share price – nyp
Stocks making the biggest moves premarket: GM, CVS, Kraft Heinz, Tupperware and others – cnbc
Private companies added 330,000 jobs in July, according to ADP, far short of the 653,000 estimate – cnbc
ADP Employment Report Shows Job Gains Stalled In June, Weakest Since Feb – Zerohedge
European markets notch new highs as investors watch earnings, data; Commerzbank down 6% – cnbc
Germany’s Commerzbank reports second-quarter loss as restructuring, write-off charges bite – cnbc


Tuesday 08/03

IMF approves $650bn injection to help countries weather pandemic – business live – guardian

Stocks making the biggest moves after hours: Lyft, Match, Robinhood and more – cnbc
Dow climbs more than 200 points, S&P 500 closes at record as industrial stocks rise – cnbc
Stocks making the biggest moves in the premarket: Under Armour, Translate Bio, Clorox and more – cnbc
From Russia With 50% Less Supply: European Nat Gas Prices Explode To Record Highs As Putin Turns The Screws – Zerohedge
Rates Spark: Under the thumb – ing
European markets cautious as investors react to major earnings – cnbc
Stellantis Raises 2021 Target for Adjusted Operating Income Margin to Around 10% – Marketwatch
BMW says chip shortage, raw material prices to hit second half – Reuters
BP to buy back $1.4bn of shares as rising oil price boosts profits – guardian
France’s Societe Generale beats profit forecast in second quarter as retail banking returns – cnbc
Tencent tanks 10% after Chinese media calls online gaming ‘opium’ as regulatory concerns mount – cnbc
Asian stocks slip as Delta spread spooks investors – Reuters
Foreign outflows from Asian equities surge in July on virus worries – Reuters
Tesla rival Li Auto targets US$1.9 billion in Hong Kong IPO as Chinese electric car sales soar – scmp
Australia central bank to trim bond buying despite delta COVID risk – Reuters
Wuhan: Chinese city to test entire population after virus resurfaces – bbc

 


Monday 08/02

Business Live – guardian

Stocks making biggest moves after hours: Simon Property Group, Take-Two Interactive and more – cnbc
Dow tumbles nearly 100 points after late-day sell-off in stocks – cnbc
GE stock trades above $100 for first time after reverse split takes effect – Marketwatch
Stocks making the biggest moves midday: Square, Pfizer, Ralph Lauren and more – cnbc
Take Your Pick: US Manufacturing Economy Hits Record High & 2021 Lows – Zerohedge
Stocks making the biggest moves in the premarket: Square, Moderna, First Solar and more – cnbc
Futures Jump, China Soars After Beijing Promises More Stimmies – Zerohedge
Square posts $45 million in bitcoin-related impairments in second quarter – cnbc
Foot Locker to buy two shoe store chains for $1.1 billion – cnbc
Key Events This Week: Payrolls, PMIs, Earnings And More Stimmies – zerohedge
France’s Axa rebounds from pandemic with a 180% spike in net income – Reuters
European stocks set to edge higher, tracking positive global sentiment – cnbc
Millions Locked Down As China Battles Worst COVID Outbreak Since Wuhan – Zerohedge
China Politburo Meeting Points To New Phase For Domestic Markets – zerohedge
Goldman’s Top 10 Takeaways From July – zerohedge