Market Pulse - Usa
US pre-open: Futures sharply lower amid recession fears, tech sell-off
Wall Street futures were firmly in the red ahead of the bell on Monday amid fears that a potential US recession may be on the horizon.
Kosmos Energy reports strong second-quarter production
Kosmos Energy reported net income of $60m for its second quarter on Monday, translating to 12 cents per diluted share, while on an adjusted basis, its net income reached $80m, or 17 cents per diluted share.
US close: Stocks sharply lower for second-straight session
Wall Street stocks closed sharply on Friday amid resurgent fears of a potentially oncoming recession.
US open: Stocks sharply lower as recession fears resurface
Wall Street stocks were firmly in the red at the opening bell on Friday amid resurgent fears of a potentially oncoming recession.
US pre-open: Futures firmly in the red as recession fears reappear
Wall Street futures were firmly in the red ahead of the bell on Friday amid resurgent fears of a potential recession.
ExxonMobil beats second-quarter earnings expectations
ExxonMobil announced second-quarter earnings above market forecasts on Friday, with the total coming in at $9. 2bn, or $2. 14 per share.
Chevron earnings fall more than expected in second quarter
Chevron announced a fall in second-quarter earnings on Friday, to $4. 4bn, down from $6bn in the same period last year.
US close: Stocks sharply lower as recession fears resurface
Wall Street stocks closed sharply lower on Thursday as recessionary fears resurfaced.
US open: Stocks mixed as Powell opens the door for potential September rate cut
Major indices were mixed early on Thursday as comments from Federal Reserve chairman Jerome Powell and earnings from social media giant Facebook's parent company were firmly in focus.
Anheuser-Busch InBev posts H1 earnings beat, revenue miss
Beer giant Anheuser-Busch InBev said on Thursday that interim underlying earnings had come in ahead of analysts' expectations despite reporting revenues that fell short of estimates.
US pre-open: Stock futures higher as Powell opens the door for rate cuts
Wall Street futures were in the green ahead of the bell on Thursday as comments from Federal Reserve chairman Jerome Powell and earnings from social media giant Facebook's parent company were firmly in focus.
Moderna lowers guidance after fall in quarterly revenue
Moderna reported a significant fall in second quarter revenue on Thursday, to $241m, down from $344m in the same period last year, as it lowered its full-year guidance amid weak Europe sales and a competitive US market.