Market Pulse - Usa
Goldman Sachs posts better-than-expected Q2 results
Shares of Goldman Sachs were rising in premarket trading after the iconic investment bank bested analysts' forecasts for both its top and bottom lines in the second quarter.
JPMorgan Chase beats Q2 estimates on better-than-expected loan losses
Banking giant JPMorgan Chase beat quarterly estimates on Tuesday as a result of a big-time benefit from better-than-expected loan losses throughout the period.
US close: Stocks end session lower as Q2 earnings begin to roll in
Wall Street stocks closed lower on Tuesday as a key inflation report from the Department of Labor revealed that the cost of living in the US had jumped ahead of forecasts in June.
Wednesday preview: UK CPI, Ashmore Group in the spotlight
Financial markets' focus in the middle of the week will continue to be on inflation, but on this side of the Pond this time around.
GM set to invest $71m in new tech campus in California
General Motors said on Tuesday it would invest $71m to build a new campus in California to expand its capacity in advanced technologies such as flying cars and lunar rover vehicles.
Musk faces second day of questioning in SolarCity trial
Tesla CEO Elon Musk faces his second day of questioning in a trial looking into the financial health of SolarCity in 2016 before his electric vehicle company purchased it for $2. 6bn.
US open: Stocks mixed as CPI reading comes in hotter than expected
Wall Street stocks were mixed early on Tuesday as a key inflation report from the Department of Labor revealed that the cost of living in the US had jumped ahead of forecasts in June.
NFIB says US small business confidence 'strong', prices jump alongside
US small business confidence strengthened in July on the back of improved expectations for the economy.
PepsiCo Q2 net sales surge as restaurant demand returns
Snack and beverage multinational PepsiCo said on Tuesday that second-quarter net sales had surged as a result of returning demand for its products from restaurants and food-service clients.
Tuesday broker round-up
Dr Martens: Goldman Sachs upgrades to buy with a target price of 535p.
US CPI exceeds forecasts by wide margin, core inflation also spikes
The cost of living in the US jumped past forecasts in June driven higher by big increases in the cost of energy, food and those of vehicles.
US pre-open: stocks mixed as Q2 earnings season unofficially gets under way
Wall Street futures were mixed ahead of the bell on Tuesday as investors prepped for the beginning of second-quarter earnings season, with results from two major US banks up first.