Devanshu Singla

Poshmark,The online fashion retailer’s stock jumped over 5% in the premarket after Barclays upgraded it to overweight from equal weight. According to Barclays, Poshmark will get a boost from the fast-growing second-hand clothing market, especially if consumers trade down in a recession. Also Read | Google in trouble as DOJ preps antitrust suit,Vroom,Shares of the online used car retailer slipped over 3% after JP Morgan downgraded the stock to underweight from neutral, saying that it will continue to face challenges amid a broader economic slowdown. Vroom has already lost over 80% this year. Also Read | Thomas Tuchel says Chelsea’s 21-22 season would have been All or Nothing must-watch,TaskUs,The stock slipped 3% in premarket action after Morgan Stanley downgraded the stock to equal weight from overweight, The outsourcing company for content moderation is facing near-term macro challenges, according to the investment firm. Also Read | Elon Musk pitches SpaceX, Neuralink and Tesla to China censorship agency,Green Plains,The stock fell over 3% in the premarket after Bank of America downgraded the stock to neutral from buy. The current valuation for the ethanol fuel producer is fair, the investment firm said. Also Read | 'Support and solidarity' the buzz words, as Russia and North Korea strengthen ties,Revolve,Revolve lost 2% in premarket trading after Barclays downgraded the stock to underweight from equal weight. The investment firm cited slowing revenue growth and tough comparisons at the clothing store company. Also Read | Donald Trump might still have fans in the US but Stephen King isn't one,Dollar General,The stock fell 1% in premarket trading. BMO Capital Markets said the shares of the discount retailer have fully priced in recession expectations. The firm downgraded Dollar General to market perform from outperform. Also Read | Six Flags Great America shooting: 5 amusement park gun scares,Baidu, Alibaba, Pinduoduo,Shares of the Chinese internet companies Baidu, Alibaba, and Pinduoduo lost over 1% each in the premarket following a weak economic report from China. Also Read | What is Six Flags Great America?,Comcast, Charter Communications,Shares of both broadband service providers fell over 1% after Atlantic equities downgraded the stocks. The firm cited worse-than-expected broadband results from both companies.

{\"time\":1660570931898,\"strCount\":3523,\"blocks\":[{\"type\":\"paragraph\",\"data\":{\"text\":\"Poshmark\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The online fashion retailer’s stock jumped over 5% in the premarket after Barclays upgraded it to overweight from equal weight. According to Barclays, Poshmark will get a boost from the fast-growing second-hand clothing market, especially if consumers trade down in a <a href=\\\"https://opoyi.com/business/how-paul-volcker-tamed-inflation-with-two-recessions-in-1980s-711126/\\\">recession</a>.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/technology/google-in-trouble-as-doj-preps-antitrust-suit-722714/\\\">Google in trouble as DOJ preps antitrust suit</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Vroom\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Shares of the online used car retailer slipped over 3% after JP Morgan downgraded the stock to underweight from neutral, saying that it will continue to face challenges amid a broader <a href=\\\"https://opoyi.com/business/what-us-housing-market-entering-a-recession-means-711205/\\\">economic slowdown</a>. Vroom has already lost over 80% this year.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/sports/thomas-tuchel-says-chelseas-21-22-season-would-have-been-all-or-nothing-must-watch-725963/\\\">Thomas Tuchel says Chelsea’s 21-22 season would have been All or Nothing must-watch</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"TaskUs\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The stock slipped 3% in premarket action after Morgan Stanley downgraded the stock to equal weight from overweight, The outsourcing company for content moderation is facing near-term macro challenges, according to the investment firm.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/technology/elon-musk-pitches-spacex-neuralink-and-tesla-to-china-censorship-agency-726537/\\\">Elon Musk pitches SpaceX, Neuralink and Tesla to China censorship agency</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Green Plains\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The stock fell over 3% in the premarket after Bank of America downgraded the stock to neutral from buy. The current valuation for the ethanol fuel producer is fair, the investment firm said.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/world/support-and-solidarity-the-buzz-words-as-russia-and-north-korea-strengthen-ties-726575/\\\">'Support and solidarity' the buzz words, as Russia and North Korea strengthen ties</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Revolve\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Revolve lost 2% in premarket trading after Barclays downgraded the stock to underweight from equal weight. The investment firm cited slowing revenue growth and tough comparisons at the clothing store company.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/usa/donald-trump-might-still-have-fans-in-the-us-but-stephen-king-isnt-one-726459/\\\">Donald Trump might still have fans in the US but Stephen King isn't one</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Dollar General\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The stock fell 1% in premarket trading. BMO Capital Markets said the shares of the discount retailer have fully priced in recession expectations. The firm downgraded Dollar General to market perform from outperform.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/usa/six-flags-great-america-shooting-5-amusement-park-gun-scares-726401/\\\">Six Flags Great America shooting: 5 amusement park gun scares</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Baidu, Alibaba, Pinduoduo\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Shares of the <a href=\\\"https://opoyi.com/topics/chinese/\\\">Chinese</a> internet companies Baidu, Alibaba, and Pinduoduo lost over 1% each in the premarket following a weak economic report from <a href=\\\"https://opoyi.com/topics/china/\\\">China</a>.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/usa/what-is-six-flags-great-america-726313/\\\">What is Six Flags Great America?</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Comcast, Charter Communications\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Shares of both broadband service providers fell over 1% after Atlantic equities downgraded the stocks. The firm cited worse-than-expected broadband results from both companies.\"}}]}

<ul>
 <li>Poshmark shares jumped over 5% in the premarket</li>
 <li>Online used car retailer Vroom's stock slipped over 3%</li>
 <li>TaskUs stock fell over 3% in the premarket</li>
</ul>

Opoyi Business

US Premarket: Poshmark, Vroom, TaskUs and other stocks making biggest moves

Premarket

StockMarket

WallStreet

NASDAQ

ShareMarket

JPMorgan

Alibaba

MorganStanley

BankOfAmerica

Chinese

China

Business

Wall Street roared Wednesday after inflation cooled more than expected last month, sparking speculation the Federal Reserve may not have to be as aggressive about hiking interest rates as feared. Also Read| US CPI inflation drops to 8.5% in July, beats expectations,The S&P 500 was 1.6% higher amid a widespread rally that took off immediately after a report showed the nation's biggest economic challenge, inflation, slowed to 8.5% at the consumer level last month from 9.1% in June. Technology stocks, cryptocurrencies and other investments that have been the year's biggest losers due to the Fed’s aggressive rate hikes were some of the morning's biggest winners. The Nasdaq composite, which is full of the high-growth and expensive-looking stocks that have been particularly vulnerable to moves in interest rates, was 2.1% higher, as of 10 a.m. Eastern time. Bitcoin rose 4% to top $24,000, and the Dow Jones Industrial Average was up 430 points, or 1.5%, at 33,268. Also Read| US inflation rate slips from 40-year peak | A timeline: 1930-2022,Much of July’s slowdown in inflation was due to drops in prices for gasoline and oil. But even after ignoring those and prices for food, which can also swing sharply from month to month, what’s called “core inflation” held steady last month instead of accelerating as economists had forecast. The data encouraged traders to scale back bets for how much the Fed will raise interest rates at its next meeting. They now see a hike of a half percentage point as the most likely outcome, according to CME Group. A day earlier, they were betting on a hike of 0.75 percentage points, the same as the last two increases. Also Read| Markets jump on new data showing inflation eased slightly,Such differences may not sound like much, but interest rates help set where prices go across financial markets. And higher rates tend to pull down prices for everything from stocks to commodities to crypto. Prices for bonds soared immediately after the inflation report’s release, pulling their yields lower. The yield on the two-year Treasury, which tends to track expectations for the Fed, fell to 3.12% from 3.27% late Tuesday. Also Read | Where to invest during high inflation?,The 10-year yield fell more slowly, down to 2.72% from 2.78%, narrowing how far below it is the two-year yield. Many investors see such a gap as a fairly reliable signal of a coming recession. Recession worries have built as the highest inflation in 40 years squeezes households and corporations around the world. The Fed and other central banks have been hiking rates to slow the economy in hopes of stamping out inflation, but they risk choking it off if they move too aggressively. Also Read | Why global economy is not in recession yet,To be sure, inflation is still high, and the expectation is for it to stay so for a while. But Wednesday's encouraging data nevertheless rejuvenated Wall Street, which staggered following stronger-than-expected jobs report on Friday that raised expectations for a more aggressive Fed. It bolstered hopes that a peak in inflation — and thus in the Federal Reserve's most aggressive rate hikes — may be on the horizon. “This is a step in the right direction but keep in mind we have many miles ahead of us before inflation normalizes,” said Mike Loewengart, managing director, investments strategy, at E-Trade from Morgan Stanley. Also Read | Why US inflation is going up and when will it come down,The inflation data helped stocks across Europe climb to modest gains, while markets that closed earlier in Asia were mostly down. Germany's DAX returned 0.9%, Japan's Nikkei 225 fell 0.6% and Hong Kong's Hang Seng lost 2%.

{\"time\":1660144526999,\"strCount\":4661,\"blocks\":[{\"type\":\"paragraph\",\"data\":{\"text\":\"Wall Street roared Wednesday after inflation cooled more than expected last month, sparking speculation the <a href=\\\"https://opoyi.com/topics/federalreserve/\\\">Federal Reserve</a> may not have to be as aggressive about hiking <a href=\\\"https://opoyi.com/topics/interestrates/\\\">interest rates</a> as feared.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read|&nbsp;<a href=\\\"https://opoyi.com/business/us-cpi-inflation-drops-to-85-in-july-beats-expectations-722868/\\\">US CPI inflation drops to 8.5% in July, beats expectations</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The S&amp;P 500 was 1.6% higher amid a widespread rally that took off immediately after a report showed the nation's biggest economic challenge, <a href=\\\"https://opoyi.com/business/us-cpi-inflation-drops-to-85-in-july-beats-expectations-722868/\\\">inflation, slowed to 8.5% at the consumer level last month from 9.1% in June</a>. Technology stocks, cryptocurrencies and other investments that have been the year's biggest losers due to the Fed’s aggressive rate hikes were some of the morning's biggest winners.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The Nasdaq composite, which is full of the high-growth and expensive-looking stocks that have been particularly vulnerable to moves in interest rates, was 2.1% higher, as of 10 a.m. Eastern time. <a href=\\\"https://opoyi.com/topics/bitcoin/\\\">Bitcoin</a> rose 4% to top $24,000, and the Dow Jones Industrial Average was up 430 points, or 1.5%, at 33,268.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read|&nbsp;<a href=\\\"https://opoyi.com/business/us-inflation-rate-at-a-40-year-high-a-timeline-1930-2022-693306/\\\">US inflation rate slips from 40-year peak | A timeline: 1930-2022</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Much of July’s slowdown in inflation was due to drops in prices for gasoline and oil. But even after ignoring those and prices for food, which can also swing sharply from month to month, what’s called “core inflation” held steady last month instead of accelerating as economists had forecast.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The data encouraged traders to scale back bets for how much the Fed will raise interest rates at its next meeting. They now see a hike of a half percentage point as the most likely outcome, according to CME Group. A day earlier, they were betting on a hike of 0.75 percentage points, the same as the last two increases.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read|&nbsp;<a href=\\\"https://opoyi.com/business/markets-jump-on-new-data-showing-inflation-eased-slightly-722935/\\\">Markets jump on new data showing inflation eased slightly</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Such differences may not sound like much, but interest rates help set where prices go across financial markets. And higher rates tend to pull down prices for everything from stocks to commodities to crypto.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Prices for bonds soared immediately after the inflation report’s release, pulling their yields lower. The yield on the two-year Treasury, which tends to track expectations for the Fed, fell to 3.12% from 3.27% late Tuesday.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/business/where-to-invest-during-high-inflation-710394/\\\">Where to invest during high inflation?</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The 10-year yield fell more slowly, down to 2.72% from 2.78%, narrowing how far below it is the two-year yield. Many investors see such a gap as a fairly reliable signal of a coming recession.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Recession worries have built as the highest inflation in 40 years squeezes households and corporations around the world. The Fed and other central banks have been hiking rates to slow the economy in hopes of stamping out inflation, but they risk choking it off if they move too aggressively.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/business/why-global-economy-is-not-in-recession-yet-709207/\\\">Why global economy is not in recession yet</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"To be sure, inflation is still high, and the expectation is for it to stay so for a while. But Wednesday's encouraging data nevertheless rejuvenated Wall Street, which staggered following stronger-than-expected jobs report on Friday that raised expectations for a more aggressive Fed. It bolstered hopes that a peak in inflation — and thus in the Federal Reserve's most aggressive rate hikes — may be on the horizon.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"“This is a step in the right direction but keep in mind we have many miles ahead of us before inflation normalizes,” said Mike Loewengart, managing director, investments strategy, at E-Trade from Morgan Stanley.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/business/why-us-inflation-is-going-up-and-when-will-it-come-down-438404/\\\">Why US inflation is going up and when will it come down</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The inflation data helped stocks across <a href=\\\"https://opoyi.com/topics/europe/\\\">Europe</a> climb to modest gains, while markets that closed earlier in <a href=\\\"https://opoyi.com/topics/asia/\\\">Asia</a> were mostly down. Germany's DAX returned 0.9%, Japan's Nikkei 225 fell 0.6% and Hong Kong's Hang Seng lost 2%.\"}}]}

Yash Sadhak Shrivastava

<ul>
 <li>The S&amp;P 500 was 1.6% higher after a report showed that inflation, slowed to 8.5% from 9.1% in June</li>
 <li>The Nasdaq composite was 2.1% higher, as of 10 a.m. Eastern time</li>
 <li>Bitcoin rose 4% to top $24,000, and the Dow Jones was up 1.5%, at 33,268</li>
</ul>

Opoyi Central

Wall Street soars after inflation cools more than expected

UnitedStates

Inflation

Recession

Bitcoin

Europe

Asia

Germany

Japan

World

Rwit 

Wilmington, DE, USA

Elon Musk is keen to get away from the $44 billion deal that he signed with microblogging site Twitter. However, while the banks financing the deal might be eager to back the billionaire's decision, they will likely face legal hurdles, according to Reuters who spoke to people close to the deal. Also Read: Twitter rubbishes Elon Musk's countersuit calling it rhetoric-heavy,For the tech billionaire to walk away from the deal, his financing would have to collapse. Until he terminated the deal in July, 2022, he had managed to secure $13 billion from banks like Morgan Stanley, Bank of America and Barclays, amongst others. ,For Musk to get out of paying for the deal, he would have to prove that despite his best attempts at financing, the banks did not deliver on their debt commitments, according to the Reuters report. This is likely to be hard for him to prove, especially considering that Twitter has already subpoenaed banks as well as the billionaire's communications with them as part of the discovery process that precedes lawsuits. ,Columbia Law School professor Eric Talley told Reuters that Musk would have to convince the judge that he wasn't responsible for the bank financing not going through and that it would take a great degree of deftness from him and the banks to show such proof. ,Now while the banks might be willing to retract their financing, they risk dinging their reputation as a reliable source of debt for future mergers and acquisitions. ,Keeping him out of the deal serves their interests in two ways: Banks like Morgan Stanley, Bank of America, and Goldman Sachs have managed to make $500 million in banking fees alone from the founder of Tesla since he first approached them in 2000. By continuing to support his financial decisions, they would be able to continue banking on his fees to maintain their books. ,On the other hand, if the Delaware Court of Chancery forces Musk to go through with the acquisition, the financial institutions that helped finance the deal are likely to lose potentially millions of dollars, according to sources who spoke to Reuters. ,Large deals such as the $44 billion Twitter deal, require them to sell off debt to maintain their balance sheets. In any case, following Musk signing the deal in April and his termination of it in July, parts of the debt market have faced a downturn, which could potentially make it difficult for the banks to attract investors. The debt they've already financed will then have to be sold at a loss.

{\"time\":1659771421113,\"strCount\":2919,\"blocks\":[{\"type\":\"paragraph\",\"data\":{\"text\":\"<a href=\\\"https://opoyi.com/topics/elonmusk/\\\">Elon Musk</a> is keen to get away from the $44 billion deal that he signed with microblogging site <a href=\\\"https://opoyi.com/topics/twitter/\\\">Twitter</a>. However, while the banks financing the deal might be eager to back the billionaire's decision, they will likely face legal hurdles, according to Reuters who spoke to people close to the deal.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read:&nbsp;<a href=\\\"https://opoyi.com/technology/twitter-rubbishes-elon-musks-countersuit-calling-it-rhetoric-heavy-718559/\\\">Twitter rubbishes Elon Musk's countersuit calling it \\\"rhetoric-heavy\\\"</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"For the tech billionaire to walk away from the deal, his financing would have to collapse. Until he terminated the deal in July, 2022, he had managed to secure $13 billion from banks like Morgan Stanley, Bank of America and Barclays, amongst others.&nbsp;\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"For Musk to get out of paying for the deal, he would have to prove that despite his best attempts at financing, the banks did not deliver on their debt commitments, according to the Reuters report. This is likely to be hard for him to prove, especially considering that <a href=\\\"https://opoyi.com/technology/twitter-subpoenas-banks-elon-musks-friends-over-44-billion-deal-716793/\\\">Twitter has already subpoenaed banks</a> as well as the billionaire's communications with them as part of the discovery process that precedes lawsuits.&nbsp;\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Columbia Law School professor Eric Talley told Reuters that Musk would have to convince the judge that he wasn't responsible for the bank financing not going through and that it would take a \\\"great degree of deftness from him and the banks\\\" to show such proof.&nbsp;\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Now while the banks might be willing to retract their financing, they risk dinging their reputation as a reliable source of debt for future mergers and acquisitions.&nbsp;\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Keeping him out of the deal serves their interests in two ways: Banks like Morgan Stanley, Bank of America, and Goldman Sachs have managed to make $500 million in banking fees alone from the founder of <a href=\\\"https://opoyi.com/topics/tesla/\\\">Tesla</a> since he first approached them in 2000. By continuing to support his financial decisions, they would be able to continue banking on his fees to maintain their books.&nbsp;\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"On the other hand, if the Delaware Court of Chancery forces Musk to go through with the acquisition, the financial institutions that helped finance the deal are likely to lose&nbsp;potentially millions of dollars, according to sources who spoke to Reuters. \"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Large deals such as the $44 billion Twitter deal, require them to sell off debt to maintain their balance sheets. In any case, following Musk signing the deal in April and his termination of it in July, parts of the debt market have faced a downturn, which could potentially make it difficult for the banks to attract investors. The debt they've already financed will then have to be sold at a loss.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\" \"}}]}

<ul>
 <li>Elon Musk will have to prove that the $13 billion in financing for the deal fell through</li>
 <li>The banks might want to walk away but it could cost them millions of dollars in the future</li>
 <li>The Twitter-Elon Musk lawsuit trial is set to take place between October 17 and October 21</li>
</ul>

Twitter-Musk deal: Walking away unscathed unlikely for billionaire

Twitter

ElonMusk

Tesla

Technology

TechNews

EricTalley

GoldmanSachs

Science

Twitter has sent out subpoenas to various global banks in an effort to find evidence that Elon Musk purposely jeopardized financing of the $44 billion deal, according to a Reuters report. ,The micro-blogging site is trying to find out why tech billionaire's motivation for terminating the buyout and has sent notices to units of Morgan Stanley, co-investors Brookfield Asset Management as well as Musk's advisors, according to filings in the Delaware Court of Chancery. Also Read: Elon Musk countersues Twitter hours after Chancery court sets trial date,Twitter's subpoenas are an attempt to find out if financers had any information regarding how Tesla's stock prices would shift should the deal go through. Musk is the electric car company's Chief Executive Officer. Another aspect of the subpoenas is that Twitter is trying to find out information on documents and communications pertaining to the bot problem that Musk has claimed is at the center of the reason he terminated the deal. ,Law experts that spoke to Reuters claim that the rationale behind Twitter's subpoenas are to determine if the founder of SpaceX had planned this from the beginning. Professor at law at the University of Connecticut, Minor Myers told Reuters that he believed Twitter suspects that Musk had been conspiring to blow the whole thing up. On the other hand, Musk will not have to see the $44 billion deal to completion if financing failed, provided he did not cause the failure. ,Also Read: Twitter reports quarterly loss in revenue, blames Elon Musk,Investors and friends in Musk's sphere of influence have also received subpoenas asking them for communications with the tech billionaire regarding conversations about Twitter. The responses to the subpoenas have not been kind. ,Joe Lonsdale, the co-founder of Palantir Technologies tweeted about the subpoena he received, saying: ,lol, lawyers w/ TWTR are sending subpoenas to friends in the ecosystem around @elonmusk and @pmarca and @DavidSacks et al, a giant harassing fishing expedition. , I have nothing to do with this aside from a few snarky comments, but got a YOU ARE HEREBY COMMANDED document notice. Tech investor David Sacks, who is also the current general partner of craft ventures, posted on Twitter to make his feelings about the subject known:

{\"time\":1659528121144,\"strCount\":2730,\"blocks\":[{\"type\":\"paragraph\",\"data\":{\"text\":\"Twitter has sent out subpoenas to various global banks in an effort to find evidence that Elon Musk purposely jeopardized financing of the $44 billion deal, according to a Reuters report.&nbsp;\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The micro-blogging site is trying to find out why tech billionaire's motivation for terminating the buyout and has sent notices to units of Morgan Stanley, co-investors&nbsp;Brookfield Asset Management as well as Musk's advisors, according to filings in the Delaware Court of Chancery.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read:&nbsp;<a href=\\\"https://opoyi.com/technology/elon-musk-countersues-twitter-hours-after-chancery-court-sets-trial-date-713306/\\\">Elon Musk countersues Twitter hours after Chancery court sets trial date</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Twitter's subpoenas are an attempt to find out if financers had any information regarding how Tesla's stock prices would shift should the deal go through. Musk is the electric car company's Chief Executive Officer. Another aspect of the subpoenas is that Twitter is trying to find out information on documents and communications pertaining to the \\\"bot\\\" problem that Musk has claimed is at the center of the reason he terminated the deal.&nbsp;\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Law experts that spoke to Reuters claim that the rationale behind Twitter's subpoenas are to determine if the founder of SpaceX had planned this from the beginning. Professor at law at the University of Connecticut, Minor Myers told Reuters that he believed Twitter suspects that Musk had been \\\"conspiring to blow the whole thing up.\\\"\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"On the other hand, Musk will not have to see the $44 billion deal to completion if financing failed, provided he did not cause the failure.&nbsp;\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read:&nbsp;<a href=\\\"https://opoyi.com/world/twitter-reports-quarterly-loss-in-revenue-blames-elon-musk-707504/\\\">Twitter reports quarterly loss in revenue, blames Elon Musk</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Investors and friends in Musk's sphere of influence have also received subpoenas asking them for communications with the tech billionaire regarding conversations about Twitter. The responses to the subpoenas have not been kind.&nbsp;\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Joe Lonsdale, the co-founder of Palantir Technologies tweeted about the subpoena he received, saying: \"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"\\\"lol, lawyers w/ TWTR are sending subpoenas to friends in the ecosystem around <a href=\\\"https://twitter.com/elonmusk\\\">@elonmusk</a> and <a href=\\\"https://twitter.com/pmarca\\\">@pmarca</a> and <a href=\\\"https://twitter.com/DavidSacks\\\">@DavidSacks</a> et al, a giant harassing fishing expedition.\\n\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"\\nI have nothing to do with this aside from a few snarky comments, but got a \\\"YOU ARE HEREBY COMMANDED\\\" document notice.\\\"\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Tech investor David Sacks, who is also the current general partner of craft ventures, posted on Twitter to make his feelings about the subject known:\"}},{\"type\":\"embed\",\"data\":{\"service\":\"twitter\",\"source\":\"https://twitter.com/DavidSacks/status/1554326357601132546\",\"embed\":\"DavidSacks/status/1554326357601132546\",\"width\":520,\"height\":300,\"caption\":\"\",\"aspectRatio\":173.33333333333334}}]}

<ul>
 <li>Twitter is sueing Elon Musk for terminating the $44 billion deal that he had signed in April, 2022</li>
 <li>They have sent subpoenas to Morgan Stanley and Brookfield Asset Management&nbsp;</li>
 <li>Musk terminated the deal citing a 'bot' problem and Twitter's firing of top executives</li>
</ul>

Twitter subpoenas banks, Elon Musk's friends over $44 billion deal

Tesla (TSLA),Shares of the electric vehicle company added 1.3% in premarket action following its latest 10-Q filing, which included an update on the value of its bitcoin holdings. Tesla said it took a $170 million impairment charge related to the carrying value of its bitcoin holdings during the first half of 2022. It gained $64 million from bitcoin sales during the period. Also Read | Trump v. DeSantis: Young conservatives debate GOP's future,Philips (PHG),Shares of the Dutch medical equipment slipped 10.4% in premarket action after its quarterly earnings fell short of analyst forecasts. Supply chain issues and lockdowns in China impacted Philips’ earnings. Also Read | Musk denies affair with Nicole Shanahan: Haven't even had sex in ages,Squarespace (SQSP),The e-commerce platform provider’s stock plunged 14.4% in premarket action after its full-year revenue guidance fell short of Street forecasts. Squarespace posted better-than-expected results for its latest quarter but said revenue is taking a hit from currency headwinds. Also Read | Why global economy is not in recession yet,JD .com (JD),The stock rose 2% in premarket trading after Morgan Stanley called the Chinese e-commerce company a “catalyst-driven idea”. The company thinks the catalyst could be better than expected revenue growth guidance when JD.com next reports earnings in August. Also Read | US vs Huawei: Why the Chinese telecom giant has been asked to leave,Newmont (NEM),Shares of the mining company fell 3.3% in the premarket after it reported lower-than-expected second-quarter earnings. In the second quarter, profit was down nearly 41% from a year, impacted by a decline in gold prices. Also Read | Republican Wisconsin gubernatorial debate: Key takeaways,Ryanair (RYAAY),Ryanair surged 5.7% in premarket trading after the airline reported quarterly results that beat analysts’ estimates. Ryanair cautioned that a return to pre-Covid levels of profitability this year was not certain. Also Read | China extends loans for developers to end mortgage boycott,Uber Technologies (UBER) ,Uber rose 1% in the premarket after the ride-hailing company admitted to not reporting a 2016 data breach that impacted 57 million drivers and passengers as part of a settlement agreement to avoid criminal prosecution. Also Read | Here's what depreciating rupee means for stock markets,Public Storage (PSA),Public Storage gained 1.5% in premarket trading after the self-storage facilities operator declared a special dividend of $13.15 per share. The distribution is related to the sale of PS Business Parks of affiliates of Blackstone (BX) for $7.6 billion. Public Storage is the largest shareholder in PS Business Parks, whose sale transaction closed last week. Also Read | Why mass killers kill: Psychology of the lone gunman on a spree,Farfetch (FTCH) ,Shares of the online luxury fashion seller gained 2.5% in premarket action following reports that the company was close to a deal with Switzerland’s Richemont that would see it absorb Richemont-owned fashion retailer YNAP.

{\"time\":1658759818730,\"strCount\":4163,\"blocks\":[{\"type\":\"paragraph\",\"data\":{\"text\":\"Tesla (TSLA)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Shares of the electric vehicle company added 1.3% in premarket action following its latest 10-Q filing, which included an update on the value of its bitcoin holdings. <a href=\\\"https://opoyi.com/topics/tesla/\\\">Tesla</a> said it took a $170 million impairment charge related to the carrying value of its bitcoin holdings during the first half of 2022. It gained $64 million from bitcoin sales during the period.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/world/trump-v-desantis-young-conservatives-debate-gops-future-709140/\\\">Trump v. DeSantis: Young conservatives debate GOP's future</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Philips (PHG)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Shares of the <a href=\\\"https://opoyi.com/topics/dutch/\\\">Dutch</a> medical equipment slipped 10.4% in premarket action after its quarterly earnings fell short of analyst forecasts. Supply chain issues and lockdowns in <a href=\\\"https://opoyi.com/topics/china/\\\">China</a> impacted Philips’ earnings.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/world/elon-musk-nicole-shanahan-affair-how-tesla-ceo-responded-to-reports-709073/\\\">Musk denies affair with Nicole Shanahan: Haven't even had sex in ages</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Squarespace (SQSP)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The e-commerce platform provider’s stock plunged 14.4% in premarket action after its full-year revenue guidance fell short of Street forecasts. Squarespace posted better-than-expected results for its latest quarter but said revenue is taking a hit from currency headwinds.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/business/why-global-economy-is-not-in-recession-yet-709207/\\\">Why global economy is not in recession yet</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"JD .com (JD)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The stock rose 2% in premarket trading after Morgan Stanley called the Chinese e-commerce company a “catalyst-driven idea”. The company thinks the catalyst could be better than expected revenue growth guidance when JD.com next reports earnings in August.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/technology/us-vs-huawei-why-the-chinese-telecom-giant-has-been-asked-to-leave-709086/\\\">US vs Huawei: Why the Chinese telecom giant has been asked to leave</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Newmont (NEM)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Shares of the mining company fell 3.3% in the premarket after it reported lower-than-expected second-quarter earnings. In the second quarter, profit was down nearly 41% from a year, impacted by a decline in gold prices.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/usa/republican-wisconsin-gubernatorial-debate-key-takeaways-709014/\\\">Republican Wisconsin gubernatorial debate: Key takeaways</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Ryanair (RYAAY)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"<a href=\\\"https://opoyi.com/topics/ryanair/\\\">Ryanair</a> surged 5.7% in premarket trading after the airline reported quarterly results that beat analysts’ estimates. Ryanair cautioned that a return to pre-Covid levels of profitability this year was not certain.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/business/china-extends-loans-for-developers-to-end-mortgage-boycott-704009/\\\">China extends loans for developers to end mortgage boycott</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Uber Technologies (UBER) \"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"<a href=\\\"https://opoyi.com/topics/uber/\\\">Uber</a> rose 1% in the premarket after the ride-hailing company admitted to not reporting a 2016 data breach that impacted 57 million drivers and passengers as part of a settlement agreement to avoid criminal prosecution.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/business/heres-what-depreciating-rupee-mean-for-stock-markets-701879/\\\">Here's what depreciating rupee means for stock markets</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Public Storage (PSA)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Public Storage gained 1.5% in premarket trading after the self-storage facilities operator declared a special dividend of $13.15 per share. The distribution is related to the sale of PS Business Parks of affiliates of Blackstone (BX) for $7.6 billion. Public Storage is the largest shareholder in PS Business Parks, whose sale transaction closed last week.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/world/why-mass-killers-kill-psychology-of-the-lone-gunman-on-a-spree-336013/\\\">Why mass killers kill: Psychology of the lone gunman on a spree</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Farfetch (FTCH) \"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Shares of the online luxury fashion seller gained 2.5% in premarket action following reports that the company was close to a deal with Switzerland’s Richemont that would see it absorb Richemont-owned fashion retailer YNAP.\"}}]}

<ul>
 <li>Philips slipped 10.4% after its quarterly earnings fell short of analyst forecasts</li>
 <li>Squarespace plunged 14.4% after its full-year revenue guidance fell short of Street forecasts</li>
 <li>Newmont fell 3.3% after it reported lower-than-expected second-quarter earnings</li>
</ul>

US Premarket: Tesla, Philips, Newmont and other stocks making biggest moves

Ryanair

Philips

Dutch

Uber

Switzerland

Oil and gas company shares rose up to 11% on the BSE in intraday trade on Wednesday after the government reduced the windfall tax on domestic crude oil production from Rs 23,250/tonne to Rs 17,000/tonne. The government also cut the additional excise duty on diesel and ATF exports by Rs 2/litre, while the additional excise duty on petrol has been withdrawn. Also Read| Vedanta share rises over 5% on second interim dividend, cut in windfall gains tax,Oil India rose 8% to Rs 201.80, Chennai Petroleum Corporation (CPCL) increased 11% to Rs 296.40, and Oil and Natural Gas Corporation (ONGC) increased 7% to Rs 136.40. Also Read| Sensex surges 755 points while Nifty around 16,565 in early trade,On the BSE in early trade today, Mangalore Refinery & Petrochemicals (MRPL) remained locked in the 5% upper circuit at Rs 76.30, Gail (India) jumped 5% to Rs 147.30, and Reliance Industries gained 4% to Rs 2,545,At 11:38 a.m. the S&P BSE Sensex was up 1.37% at 55,518.60 points. Also Read| Fuel price July 19, 2022: Petrol Rs 105.31, diesel Rs 94.27 in Mumbai,Most oil and gas equities had fallen by far to 45% from their 52-week highs in June when the government levied a windfall tax and increased excise duty on diesel, petrol, and ATF exports. Also Read| Stocks that should be on your watchlist on Wednesday, July 20, 2022,Post some moderation in product cracks in July, the government has reduced excise duty on fuel exports. This will benefit the refining companies. The new changes in excise duty will come into effect from July 20. Windfall tax has been reduced from ~US$ 40/bbl to ~US$ 29/bbl taking into account the recent trend in global oil prices. Reduction in windfall tax augurs well for oil producing companies, ICICI Securities said. Also Read| Trending Stocks: HUL, Ambuja Cements, Vedanta and others in news today,“While in absolute terms, the windfall taxes are still high, we believe steady normalisation in local fuel availability (a key energy security concern for the government), stability in oil prices, more normalised global fuel margins and currency stability will help further reduction in windfall taxes under the fortnightly review,” said analysts at Morgan Stanley.

{\"time\":1658297927442,\"strCount\":2981,\"blocks\":[{\"type\":\"paragraph\",\"data\":{\"text\":\"Oil and gas company shares rose up to 11% on the BSE in intraday trade on Wednesday after the <a href=\\\"https://opoyi.com/wires/presstrustofindia/govt-slashes-windfall-tax-on-fuel-export-domestic-crude-oil-705539/\\\">government reduced the windfall tax on domestic crude oil production</a> from Rs 23,250/tonne to Rs 17,000/tonne. The government also <a href=\\\"https://opoyi.com/wires/presstrustofindia/govt-slashes-windfall-tax-on-fuel-export-domestic-crude-oil-705539/\\\">cut the additional excise duty on diesel and ATF</a>&nbsp;exports by Rs 2/litre, while the additional excise duty on petrol has been withdrawn.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read|&nbsp;<a href=\\\"https://opoyi.com/business/vedanta-share-rises-over-5-on-second-interim-dividend-cut-in-windfall-gains-tax-705525/\\\">Vedanta share rises over 5% on second interim dividend, cut in windfall gains tax</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Oil India rose 8% to Rs 201.80, Chennai Petroleum Corporation (CPCL) increased 11% to Rs 296.40, and Oil and Natural Gas Corporation (ONGC) increased 7% to Rs 136.40.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read|&nbsp;<a href=\\\"https://opoyi.com/business/sensex-surges-755-points-while-nifty-around-16565-in-early-trade-705510/\\\">Sensex surges 755 points while Nifty around 16,565 in early trade</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"On the BSE in early trade today, Mangalore Refinery &amp; Petrochemicals (MRPL) remained locked in the 5% upper circuit at Rs 76.30, Gail (India) jumped 5% to Rs 147.30, and Reliance Industries gained 4% to Rs 2,545\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"At 11:38 a.m., the S&amp;P BSE Sensex was up 1.37% at 55,518.60 points.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read|&nbsp;<a href=\\\"https://opoyi.com/business/fuel-price-july-19-2022-petrol-rs-10531-diesel-rs-9427-in-mumbai-705301/\\\">Fuel price July 19, 2022: Petrol Rs 105.31, diesel Rs 94.27 in Mumbai</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Most oil and gas equities had fallen by far to 45% from their 52-week highs in June when the government levied a windfall tax and increased excise duty on diesel, petrol, and ATF exports.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read|&nbsp;<a href=\\\"https://opoyi.com/business/stocks-that-should-be-on-your-watchlist-on-wednesday-july-20-2022-705405/\\\">Stocks that should be on your watchlist on Wednesday, July 20, 2022</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"\\\"Post some moderation in product cracks in July, the government has reduced excise duty on fuel exports. This will benefit the refining companies. The new changes in excise duty will come into effect from July 20. Windfall tax has been reduced from ~US$ 40/bbl to ~US$ 29/bbl taking into account the recent trend in global oil prices. Reduction in windfall tax augurs well for oil producing companies\\\", ICICI Securities said.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read|&nbsp;<a href=\\\"https://opoyi.com/business/trending-stocks-hul-ambuja-cements-vedanta-and-others-in-news-today-705404/\\\">Trending Stocks: HUL, Ambuja Cements, Vedanta and others in news today</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"“While in absolute terms, the windfall taxes are still high, we believe steady normalisation in local fuel availability (a key energy security concern for the government), stability in oil prices, more normalised global fuel margins and currency stability will help further reduction in windfall taxes under the fortnightly review,” said analysts at Morgan Stanley.\"}}]}

<ul>
 <li>The government reduced the windfall tax on domestic crude oil production to Rs 17,000/tonne</li>
 <li>The government also cut the additional excise duty on diesel and ATF exports by Rs 2/litre</li>
 <li>Oil India rose 8% to Rs 201.80, CPCL increased 11% to Rs 296.40, ONGC surged 7% to Rs 136.40</li>
</ul>

Oil and gas company share rises upto 11% as government cut windfall tax

CrudeOil

Sensex

Nifty

FuelPrices

Diesel

Petrol

India

Cinemark (CNK),Shares of the movie theater operators gained 4.6% in the premarket after Morgan Stanley upgraded it to “overweight” from “equal-weight”. Morgan Stanley said the return of consumers to theatres represents a trend not reflected in the stock’s price. Also Read | Russian President Vladimir Putin visits Iran; first trip since Ukraine war,Boeing (BA),The stock added 1.3% in premarket trading as the company is about to sell a small number of 787 Dreamliners to aircraft leasing company AerCap Holdings. IBM (IBM),IBL fell 5.9% in premarket trading despite beating top and bottom line estimates for the second quarter. IBM warned of a $3.5 billion impact on earnings due to the strong US dollar. Also Read | Rupee hits all-time low of 80; why is it falling?,NCR (NCR),NCR jumped 11.5% in premarket action after The Wall Street Journal reported that private-equity firm Veritas Capital was in exclusive discussions to acquire the financial technology provider. Halliburton (HAL),Shares of the oilfield services company added 1.8% in premarket trading after beating top and bottom line estimates for the second quarter. Profit rose nearly 41% from a year earlier as the hike in oil prices spurred a significant increase in drilling demand. Also Read | China extends loans for developers to end mortgage boycott,Truist Financial (TFC),Shares of the banking company added 1.9% in premarket after reporting higher-than-expected profit and revenue for its latest quarter. Truist said its results showed strong loan growth and an expansion of its net interest margins. Also Read | What is Insolvency and Bankruptcy Code (Amendment) Bill 2021?,Johnson & Johnson (JNJ),The healthcare company’s stock gained 0.98% in premarket action after it reported a quarterly profit of $2.59 per share, 5 cents a share above estimates. Revenue exceeded forecasts as well. J&J lowered its full-year guidance, however, due to the strength of the US dollar rather than operational issues. Also Read | Twitter on Musk deal: ‘slow-walking’ the $44 billion acquisition,Hasbro (HAS),The stock slid 0.52% in the premarket after the toy maker beat estimates by 21 cents per share. Revenue was very slightly below forecasts. Hasbro said it continues to take measures to reduce costs, and to ensure that it has sufficient holiday season inventories.

{\"time\":1658239796912,\"strCount\":3003,\"blocks\":[{\"type\":\"paragraph\",\"data\":{\"text\":\"Cinemark (CNK)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Shares of the movie theater operators gained 4.6% in the premarket after Morgan Stanley upgraded it to “overweight” from “equal-weight”. Morgan Stanley said the return of consumers to theatres represents a trend not reflected in the stock’s price.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/world/russian-president-vladimir-putin-visits-iran-first-trip-since-ukraine-war-704903/\\\">Russian President Vladimir Putin visits Iran; first trip since Ukraine war</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Boeing (BA)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The stock added 1.3% in premarket trading as the company is about to sell a small number of 787 Dreamliners to aircraft leasing company AerCap Holdings.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"IBM (IBM)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"IBL fell 5.9% in premarket trading despite beating top and bottom line estimates for the second quarter. <a href=\\\"https://opoyi.com/topics/ibm/\\\">IBM</a> warned of a $3.5 billion impact on earnings due to the strong <a href=\\\"https://opoyi.com/topics/us/\\\">US</a> dollar.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/business/rupee-hits-all-time-low-of-80-why-is-it-falling-704868/\\\">Rupee hits all-time low of 80; why is it falling?</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"NCR (NCR)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"NCR jumped 11.5% in premarket action after The Wall Street Journal reported that private-equity firm Veritas Capital was in exclusive discussions to acquire the financial technology provider.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Halliburton (HAL)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Shares of the oilfield services company added 1.8% in premarket trading after beating top and bottom line estimates for the second quarter. Profit rose nearly 41% from a year earlier as the hike in oil prices spurred a significant increase in drilling demand.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/business/china-extends-loans-for-developers-to-end-mortgage-boycott-704009/\\\">China extends loans for developers to end mortgage boycott</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Truist Financial (TFC)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Shares of the banking company added 1.9% in premarket after reporting higher-than-expected profit and revenue for its latest quarter. Truist said its results showed strong loan growth and an expansion of its net interest margins.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/business/what-is-insolvency-and-bankruptcy-code-amendment-bill-2021-703960/\\\">What is Insolvency and Bankruptcy Code (Amendment) Bill 2021?</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Johnson &amp; Johnson (JNJ)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The healthcare company’s stock gained 0.98% in premarket action after it reported a quarterly profit of $2.59 per share, 5 cents a share above estimates. Revenue exceeded forecasts as well. J&amp;J lowered its full-year guidance, however, due to the strength of the US dollar rather than operational issues.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/technology/twitter-on-musk-deal-slow-walking-the-44-billion-acquisition-704593/\\\">Twitter on Musk deal: ‘slow-walking’ the $44 billion acquisition</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Hasbro (HAS)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The stock slid 0.52% in the premarket after the toy maker beat estimates by 21 cents per share. Revenue was very slightly below forecasts. Hasbro said it continues to take measures to reduce costs, and to ensure that it has sufficient holiday season inventories. \"}}]}

<ul>
 <li>Cinemark shares gained 4.6% in the premarket</li>
 <li>Boeing stock added 1.3% in the premarket</li>
 <li>Halliburton beats top and bottom line estimates for the second quarter</li>
</ul>

US Premarket: Cinemark, Boeing, IBM and other stocks making biggest moves

Johnson

Boeing

Asian equities fell to a two-year low on Friday and were on track for a weekly loss, whereas the dollar was headed for its third week of gains as a new wave of rate hikes around the world fueled concerns about the global economic outlook. Also Read| Oil prices surge ahead of expected US Fed interest rate hike,The BSE Sensex in India rose over 230 points on Friday. In early trading, the Sensex jumped 230.8 points or 0.43% to 53,646.95. The NSE Nifty climbed 70.30 points or 0.44% to 16,008.95. While bets on a 100 basis point rise from the US Federal Reserve later this month fell a bit overnight as Fed officials dismissed the prospect, bond markets are still factoring in high hikes to stifle output, according to Reuters. Also Read| US Stock Market: DJIA, S&P500, Nasdaq and Russell ended mixed on Thursday,China's second-quarter economic statistics, which were announced on Friday, showed slower growth than anticipated and significant funding constraints in the real estate industry, with retail sales being the sole area of optimism as big cities were locked down to manage COVID-19. Also Read| Fuel price July 15, 2022: Petrol Rs 105.31, diesel Rs 94.27 in Mumbai,MSCI's Asia-Pacific equity index outside Japan sank 0.5% in opening trade to a two-year low, weighed down by worries over China's housing market, where homeowner threats to stop making mortgage payments have frightened the markets. ,China's main stock index rose slightly, but a Hong Kong-listed index of mainland stocks plummeted more than 2%. The Nikkei 225 index in Japan fell 0.1%. Also Read| Stocks that should be on your watchlist on Friday, July 15, 2022,The US dollar was trading around two-decade highs against the euro and yen, with the euro falling below $1 for the first time since 2002 this week. The yen is rapidly approaching 140 per dollar. The euro dropped to $0.9952 overnight and is down 1.5% for the week. It was last stable at $1.0030. ,Also Read| Trending Stocks: Bharti Airtel, Torrent Power, ACC and others in news today,Overnight, Wall Street indices plummeted as JPMorgan Chase & Co and Morgan Stanley reported lower-than-expected results, fueling worries of a severe economic slump. The S&P 500 closed 0.3% down, but futures were up 0.35% in Asia after Fed Governor Christopher Waller and St. Louis Fed President James Bullard poured cold water on expectations of a 100 basis point rate rise later in July. Also Read| India’s WPI inflation eases to 15.18% in June from record high of 15.88% in May,Markets may have gotten ahead of themselves, Waller said at a summit in Idaho. Bullard also told Japan's Nikkei newspaper that a 75 bp hike has a lot of virtue to it. Futures indicate a 30% likelihood of a 100 basis point rise, with the benchmark US interest rate hitting about 3.6% by March next year before falling down to 3% by late 2023.

{\"time\":1657859012057,\"strCount\":3752,\"blocks\":[{\"type\":\"paragraph\",\"data\":{\"text\":\"<a href=\\\"https://opoyi.com/topics/asian/\\\">Asian</a> equities fell to a two-year low on Friday and were on track for a weekly loss, whereas the dollar was headed for its third week of gains as a new wave of rate hikes around the world fueled concerns about the global economic outlook.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read|&nbsp;<a href=\\\"https://opoyi.com/business/oil-prices-surge-ahead-of-expected-us-fed-interest-rate-hike-701692/\\\">Oil prices surge ahead of expected US Fed interest rate hike</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The BSE Sensex in India rose over 230 points on Friday. In early trading, the Sensex jumped 230.8 points or 0.43% to 53,646.95. The <a href=\\\"https://opoyi.com/topics/nse/\\\">NSE</a> Nifty climbed 70.30 points or 0.44% to 16,008.95.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"While bets on a 100 basis point rise from the <a href=\\\"https://opoyi.com/topics/us/\\\">US</a> Federal Reserve later this month fell a bit overnight as Fed officials dismissed the prospect, bond markets are still factoring in high hikes to stifle output, according to Reuters.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read|&nbsp;<a href=\\\"https://opoyi.com/business/us-stock-market-djia-sp500-nasdaq-and-russell-ended-mixed-on-thursday-701669/\\\">US Stock Market: DJIA, S&amp;P500, Nasdaq and Russell ended mixed on Thursday</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"China's second-quarter economic statistics, which were announced on Friday, showed slower growth than anticipated and significant funding constraints in the real estate industry, with retail sales being the sole area of optimism as big cities were locked down to manage COVID-19.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read|&nbsp;<a href=\\\"https://opoyi.com/business/fuel-price-july-15-2022-petrol-rs-10531-diesel-rs-9427-in-mumbai-701516/\\\">Fuel price July 15, 2022: Petrol Rs 105.31, diesel Rs 94.27 in Mumbai</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"MSCI's Asia-Pacific equity index outside <a href=\\\"https://opoyi.com/topics/japan/\\\">Japan</a> sank 0.5% in opening trade to a two-year low, weighed down by worries over China's housing market, where homeowner threats to stop making mortgage payments have frightened the markets. \"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"China's main stock index rose slightly, but a Hong Kong-listed index of mainland stocks plummeted more than 2%. The Nikkei 225 index in Japan fell 0.1%.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read|&nbsp;<a href=\\\"https://opoyi.com/business/stocks-that-should-be-on-your-watchlist-on-friday-july-15-2022-701664/\\\">Stocks that should be on your watchlist on Friday, July 15, 2022</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The US dollar was trading around two-decade highs against the euro and yen, with the euro falling below $1 for the first time since 2002 this week.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The yen is rapidly approaching 140 per dollar. The euro dropped to $0.9952 overnight and is down 1.5% for the week. It was last stable at $1.0030.&nbsp;\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read|&nbsp;<a href=\\\"https://opoyi.com/business/trending-stocks-bharti-airtel-torrent-power-acc-and-others-in-news-today-701660/\\\">Trending Stocks: Bharti Airtel, Torrent Power, ACC and others in news today</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Overnight, Wall Street indices plummeted as JPMorgan Chase &amp; Co and Morgan Stanley reported lower-than-expected results, fueling worries of a severe economic slump.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The S&amp;P 500 closed 0.3% down, but futures were up 0.35% in <a href=\\\"https://opoyi.com/topics/asia/\\\">Asia</a> after Fed Governor Christopher Waller and St. Louis Fed President James Bullard poured cold water on expectations of a 100 basis point rate rise later in July.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read|&nbsp;<a href=\\\"https://opoyi.com/business/indias-wpi-inflation-eases-to-1518-in-june-from-record-high-of-1588-in-may-700982/\\\">India’s WPI inflation eases to 15.18% in June from record high of 15.88% in May</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"\\\"Markets may have gotten ahead of themselves,\\\" Waller said at a summit in Idaho. Bullard also told Japan's Nikkei newspaper that a 75 bp hike \\\"has a lot of virtue to it.\\\"\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Futures indicate a 30% likelihood of a 100 basis point rise, with the benchmark US interest rate hitting about 3.6% by March next year before falling down to 3% by late 2023.\"}}]}

<ul>
 <li>Asian equities were on track for a weekly loss whereas the dollar was headed for its third week of gains</li>
 <li>Sensex jumped 230.8 points or 0.43% to 53,646.95 while Nifty climbed 70.30 points or 0.44% to 16,008.95</li>
 <li>MSCI's Asia-Pacific equity index outside Japan sank 0.5% in opening trade to a two-year low</li>
</ul>

Asian stocks plummet, dollar strengthens as growth outlook dims

Forex

Nikkei

Asian

HongKong

PepsiCo (PEP),PepsiCo added 1.2% in premarket trading after reporting an adjusted quarterly profit of $1.86 per share, 12 cents above estimates. Revenue also exceeded Wall Street forecasts. The beverage and snack maker also raised its full-year forecast as consumer demand holds up even as prices rise. Also Read | Retail inflation drops marginally to 7.01 percent in June,Gap (GPS),Shares of the apparel retailer slumped 6.3% in the premarket after CEO Sonia Syngal stepped down after two years on the job, She will be replaced on an interim basis by executive chairman and former Walmart Executive Bob Martin. Also Read | Glance finds a way to advertise on lock screens, will others follow?,Twitter (TWTR),Twitter shares have plunged 15.8% over the past two trading days. Twitter sent a letter to Elon Musk saying it did not breach any of its obligations under their takeover agreement and that his effort to back out of the deal was “invalid and wrongful”. Also Read | For the first time in 20 years, the US dollar and the euro are at parity,Peloton (PTON),Shares of the fitness equipment maker fell 1.8% in premarket action after it announced that it will fully transition to third-party manufacturing, expanding its partnership with Taiwan-based manufacturer Rexon Industrial. Also Read | Rogers's being probed by regulators, customers call for more competition,American Express (AXP),American Express stock fell 2.6% in premarket trading after Morgan Stanley downgraded the financial services giant to “equal-weight” from “overweight.” The company said the risk of recession is not fully priced into American Express’ stock. Also Read | Oil prices fall as new China COVID restrictions dampen fuel demand outlook,Dave & Buster’s (PLAY),Shares of the entertainment-themed restaurant chain gained 1.7% in the premarket after it announced a series of new executive appointments. It also appointed a new chief operating officer. The changes take effect on August 1. Also Read | Indian rupee hits all-time low on stronger dollar, recession worries,PriceSmart (PSMT),The discount retailer’s stock shed 4.2% in premarket action after it reported lower-than-expected earnings despite sales that exceeded analyst estimates. PriceSmart cited supply chain disruptions and excess inventory levels prompted by a shift in consumer demand. Also Read | At least seven killed by Ukrainian strike on Russian-held Nova Kakhovka: Report,Canoo (GOEV),Shares of the electric vehicle maker surged 73.4% in premarket trading after it signed a deal to sell 4,500 delivery vehicles to Walmart (WMT) for an undisclosed amount. Walmart also has an option to purchase up to 10,000 units. Also Read | Joe Biden's trip to the Middle East: 6 things to look out for,Lennar (LEN),The home builder’s stock slid 1.7% in the premarket after JP Morgan Securities downgraded the stock to “neutral” from “overweight” as the industry faces a number of headwinds, including softening sales and higher incentives.

{\"time\":1657637892463,\"strCount\":4043,\"blocks\":[{\"type\":\"paragraph\",\"data\":{\"text\":\"PepsiCo (PEP)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"<a href=\\\"https://opoyi.com/topics/pepsico/\\\">PepsiCo</a> added 1.2% in premarket trading after reporting an\\nadjusted quarterly profit of $1.86 per share, 12 cents above estimates. Revenue\\nalso exceeded Wall Street forecasts. The beverage and snack maker also raised\\nits full-year forecast as consumer demand holds up even as prices rise.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/business/retail-inflation-drops-marginally-to-701-percent-in-june-699528/\\\">Retail inflation drops marginally to 7.01 percent in June</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Gap (GPS)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Shares of the apparel retailer slumped 6.3% in the\\npremarket after CEO Sonia Syngal stepped down after two years on the job, She\\nwill be replaced on an interim basis by executive chairman and former <a href=\\\"https://opoyi.com/topics/walmart/\\\">Walmart</a>\\nExecutive Bob Martin.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/english/glance-finds-a-way-to-advertise-on-lock-screens-will-others-follow\\\">Glance finds a way to advertise on lock screens, will others follow?</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Twitter (TWTR)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Twitter shares have plunged 15.8% over the past two trading days. Twitter sent a letter to Elon Musk saying it did not breach any of its obligations under their takeover agreement and that his effort to back out of the deal was “invalid and wrongful”.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/business/for-the-first-time-in-20-years-the-us-dollar-and-the-euro-are-at-parity-699396/\\\">For the first time in 20 years, the US dollar and the euro are at parity</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Peloton (PTON)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Shares of the fitness equipment maker fell 1.8% in\\npremarket action after it announced that it will fully transition to\\nthird-party manufacturing, expanding its partnership with Taiwan-based\\nmanufacturer Rexon Industrial.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/technology/rogerss-being-probed-by-regulators-customers-call-for-more-competition-699100/\\\">Rogers's being probed by regulators, customers call for more competition</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"American Express (AXP)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"American Express stock fell 2.6% in premarket trading after Morgan Stanley downgraded the financial services giant to “equal-weight” from “overweight.” The company said the risk of recession is not fully priced into American Express’ stock.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/business/oil-prices-fall-as-new-china-covid-restrictions-dampen-fuel-demand-outlook-699102/\\\">Oil prices fall as new China COVID restrictions dampen fuel demand outlook</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Dave &amp; Buster’s (PLAY)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Shares of the entertainment-themed restaurant chain gained\\n1.7% in the premarket after it announced a series of new executive\\nappointments. It also appointed a new chief operating officer. The changes take\\neffect on August 1.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/business/indian-rupee-hits-all-time-low-on-stronger-dollar-recession-worries-698468/\\\">Indian rupee hits all-time low on stronger dollar, recession worries</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"PriceSmart (PSMT)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The discount retailer’s stock shed 4.2% in premarket action\\nafter it reported lower-than-expected earnings despite sales that exceeded\\nanalyst estimates. PriceSmart cited supply chain disruptions and excess\\ninventory levels prompted by a shift in consumer demand.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/world/at-least-seven-killed-by-ukrainian-strike-on-russian-held-nova-kakhovka-report-699419/\\\">At least seven killed by Ukrainian strike on Russian-held Nova Kakhovka: Report</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Canoo (GOEV)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Shares of the electric vehicle maker surged 73.4% in\\npremarket trading after it signed a deal to sell 4,500 delivery vehicles to\\nWalmart (WMT) for an undisclosed amount. Walmart also has an option to purchase\\nup to 10,000 units.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/world/joe-bidens-trip-to-the-middle-east-6-things-to-look-out-for-699272/\\\">Joe Biden's trip to the Middle East: 6 things to look out for</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Lennar (LEN)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The home builder’s stock slid 1.7% in the premarket after\\nJP Morgan Securities downgraded the stock to “neutral” from “overweight” as the\\nindustry faces a number of headwinds, including softening sales and higher\\nincentives.\"}}]}

<ul>
 <li>PepsiCo added 1.2% after reporting an adjusted quarterly profit of $1.86 per share</li>
 <li>Gap slumped 6.3% after CEO Sonia Syngal stepped down</li>
 <li>PriceSmart shed 4.2% after it reported lower-than-expected earnings</li>
</ul>

US Premarket: PepsiCo, Gap, Twitter and other stocks making biggest moves

PepsiCo

Walmart

Taiwan

Wall Street fell again on Monday, kicking off a week of reports on how severe inflation is and how corporate earnings are dealing with it. The S&P 500 plummeted 1.2%, wiping off the entirety of its previous week's gains. The Dow Jones Industrial Average fell 0.5%, while the Nasdaq Composite fell 2.3%. Also Read | Indian rupee hits all-time low on stronger dollar, recession worries,Smaller company stocks were among the worst performers, with the Russell 2000 index down 2.1% as concerns about a future recession weighed on markets. The Federal Reserve is raising interest rates in response to the biggest inflation in four decades, putting the brakes on the economy and pulling down on all types of investments. Also Read | Week ahead: Quarterly results, crude price to weigh on Sensex, Nifty,Parts of the economy are slowing already, though the still-hot jobs market remains a notable exception. COVID also continues to drag on the global economy. An outbreak of infections is forcing casinos in the Asian gambling centre of Macao to shut for at least a week. That sent Wynn Resorts and Las Vegas Sands down more than 6% apiece for some of the larger losses in the S&P 500. Also Read | Week in review: Sensex, Nifty surge as crude prices fall below $100,Twitter lost, even more, 11.3%, in the first trading after billionaire Elon Musk said he wants out of his deal to buy the social media platform for $44 billion. Twitter said it will take Musk to court to uphold the agreement. Other big technology companies were also particularly weak. It’s a continuation of this year’s trend, where rising rates most hurt the investments that soared highest earlier in the pandemic. Also Read | What to do if restaurants and hotels continue to levy a service charge,The struggles pulled the Nasdaq down 262.71 points to close at 11,372.60. The S&P 500 dropped 44.95 to 3,854.43, and the Dow dipped 164.31 to 31,173.84. In the bond market, a warning signal continued to flash about a possible recession. The yield on the 10-year Treasury slid to 2.98% from 3.09% late Friday as investors moved dollars into investments seen as holding up better in a downturn. It remains below the two-year Treasury yield, which fell to 3.07%. Also Read | Twitter takeover saga enters 'Twilight zone': Elon Musk wants to end deal,Companies this week are set to begin reporting how their profits fared during the spring. Big banks and other financial companies dominate the early part of the schedule, with JPMorgan Chase and Morgan Stanley set for Thursday. BlackRock, Citigroup and Wells Fargo are among those reporting on Friday. Also Read | Why is Elon Musk keen to walk away from Twitter deal?,Expectations for second-quarter results seem to be low. Analysts are forecasting 4.3% growth for companies across the S&P 500, which would be the weakest since the end of 2020, according to FactSet. Even if companies end up reporting better results than expected, which is usually the case, analysts say the heavier focus will be on what CEOs say about their profit trends for later in the year. Also Read | How to survive a market crash,The roughly 19% drop for the S&P 500 this year has been due entirely to rising interest rates and changes in how much investors are willing to pay for each $1 of a company’s profit. So far, expectations for corporate profits have not come down much. If they do, that could lead to another leg downward for stocks. Also Read | US inflation rate at a 40-year high | A timeline: 1930-2022,Beyond earnings updates, reports this week on inflation will likely dominate trading. On Wednesday, economists expect a report to show that inflation at the consumer level accelerated again last month, up to 8.8% from 8.6% in May.

{\"time\":1657589830917,\"strCount\":4696,\"blocks\":[{\"type\":\"paragraph\",\"data\":{\"text\":\"Wall Street fell again on Monday, kicking off a week of reports on how severe inflation is and how corporate earnings are dealing with it.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The S&amp;P 500 plummeted 1.2%, wiping off the entirety of its previous week's gains. The Dow Jones Industrial Average fell 0.5%, while the Nasdaq Composite fell 2.3%.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/business/indian-rupee-hits-all-time-low-on-stronger-dollar-recession-worries-698468/\\\">Indian rupee hits all-time low on stronger dollar, recession worries</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Smaller company stocks were among the worst performers, with the Russell 2000 index down 2.1% as concerns about a future recession weighed on markets. The Federal Reserve is raising interest rates in response to the biggest inflation in four decades, putting the brakes on the economy and pulling down on all types of investments.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/business/week-ahead-quarterly-results-crude-price-to-weigh-on-sensex-nifty-698101/\\\">Week ahead: Quarterly results, crude price to weigh on Sensex, Nifty</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Parts of the economy are slowing already, though the still-hot jobs market remains a notable exception.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"<a href=\\\"https://opoyi.com/topics/covid/\\\">COVID</a> also continues to drag on the global economy. An outbreak of infections is forcing casinos in the <a href=\\\"https://opoyi.com/topics/asian/\\\">Asian</a> gambling centre of Macao to shut for at least a week. That sent Wynn Resorts and Las Vegas Sands down more than 6% apiece for some of the larger losses in the S&amp;P 500.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/business/week-in-review-sensex-nifty-surge-as-crude-prices-fall-below-100-698066/\\\">Week in review: Sensex, Nifty surge as crude prices fall below $100</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Twitter lost, even more, 11.3%, in the first trading after billionaire Elon Musk said he wants out of his deal to buy the social media platform for $44 billion. Twitter said it will take Musk to court to uphold the agreement.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Other big technology companies were also particularly weak. It’s a continuation of this year’s trend, where rising rates most hurt the investments that soared highest earlier in the pandemic.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/english/what-to-do-if-restaurants-and-hotels-continue-to-levy-a-service-charge\\\">What to do if restaurants and hotels continue to levy a service charge</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The struggles pulled the Nasdaq down 262.71 points to close at 11,372.60. The S&amp;P 500 dropped 44.95 to 3,854.43, and the Dow dipped 164.31 to 31,173.84.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"In the bond market, a warning signal continued to flash about a possible recession. The yield on the 10-year Treasury slid to 2.98% from 3.09% late Friday as investors moved dollars into investments seen as holding up better in a downturn. It remains below the two-year Treasury yield, which fell to 3.07%.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/technology/elon-musk-wants-to-end-44-billion-twitter-deal-over-non-compliance-of-contractual-obligations-697145/\\\">Twitter takeover saga enters 'Twilight zone': Elon Musk wants to end deal</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Companies this week are set to begin reporting how their profits fared during the spring. Big banks and other financial companies dominate the early part of the schedule, with JPMorgan Chase and Morgan Stanley set for Thursday. BlackRock, Citigroup and Wells Fargo are among those reporting on Friday.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/business/is-elon-musk-ready-to-walk-away-from-twitter-deal-684324/\\\">Why is Elon Musk keen to walk away from Twitter deal?</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Expectations for second-quarter results seem to be low. Analysts are forecasting 4.3% growth for companies across the S&amp;P 500, which would be the weakest since the end of 2020, according to FactSet.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Even if companies end up reporting better results than expected, which is usually the case, analysts say the heavier focus will be on what CEOs say about their profit trends for later in the year.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/business/how-to-survive-a-market-crash-694936/\\\">How to survive a market crash</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The roughly 19% drop for the S&amp;P 500 this year has been due entirely to rising interest rates and changes in how much investors are willing to pay for each $1 of a company’s profit. So far, expectations for corporate profits have not come down much. If they do, that could lead to another leg downward for stocks.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/business/us-inflation-rate-at-a-40-year-high-a-timeline-1930-2022-693306/\\\">US inflation rate at a 40-year high | A timeline: 1930-2022</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Beyond earnings updates, reports this week on inflation will likely dominate trading. On Wednesday, economists expect a report to show that inflation at the consumer level accelerated again last month, up to 8.8% from 8.6% in May.\"}}]}

<ul>
 <li>The S&amp;P 500 fell 44.95 points, or 1.2%, to 3,854.43</li>
 <li>The Dow Jones fell 164.31 points, or 0.5%, to 31,173.84</li>
 <li>The Nasdaq rose 262.71 points, or 2.3%, to 11,372.60</li>
 <li>The Russell 2000 fell 37.36 points, or 2.1%, to 1,732.01</li>
</ul>

US Stock Market: DJIA, S&P500, Nasdaq and Russell ended mixed on Monday

ClosingBell

DowJones

Covid

LasVegas

Health

Asian stocks on Monday were mainly down as investors awaited U.S. inflation data that might compel another massive rise in interest rates, as well as the start of an earnings season that could put profits under pressure. The BSE Sensex in India fell over 200 points on Monday, echoing a bearish trend in global stock markets. In early trading, the Sensex slipped 219.48 points or 0.40% to 54,262.36. The NSE Nifty dropped 69.85 points or 0.43% to 16,150.75. Also Read| Week ahead: Quarterly results, crude price to weigh on Sensex, Nifty,The market is already betting strongly on the Federal Reserve raising interest rates by 75 basis points in response to positive June payrolls data, pushing bond yields and the dollar upward. To emphasise the global scope of the inflation threat, Canadian and New Zealand central banks are set to tighten even more this week. Though Wall Street made modest gains last week, the market sentiment will be challenged by JPMorgan and Morgan Stanley results on Thursday, followed by Citigroup and Wells Fargo the next day. Also Read| Week in review: Sensex, Nifty surge as crude prices fall below $100,The S&P 500 futures were down 0.4% on Monday, while the Nasdaq futures were down 0.5%. The EURO STOXX 50 futures declined 0.6%, while the FTSE futures lost 0.7%. After Shanghai uncovered a COVID-19 case with a new subvariant, Omicron BA.5.2.1, Chinese blue chips fell 1.2%. MSCI's broadest Asia-Pacific equity index outside Japan fell 0.7%. South Korea rose 0.1%, while Japan's Nikkei gained 1.6%. Also Read| US Stock Market: DJIA, S&P500, Nasdaq and Russell ended mixed on Friday,The U.S. consumer price data on Wednesday will be a crucial challenge, with markets expecting headline inflation to accelerate further to 8.8% but a slight dip in the core measure to 5.8%. Treasury yields rose roughly 10 basis points in response to the jobs report, with the 10-year yield standing at 3.09% on Monday, up from a recent low of 2.746%. Also Read| Elon Musk ends Twitter deal: How the company's employees reacted to Tesla CEO's pull-out,The combination of a hawkish Fed and recession worries, particularly in Europe, has held the dollar near 20-year highs against a basket of rivals. The dollar surpassed 137.00 yen, reaching its highest level since 1998, as the Bank of Japan maintained its dovish stance. The euro remained under pressure at $1.0140, having fallen 2.4% last week to a two-decade low and a major retracement target of $1.0072. Also Read| What are the Uber Files?,Non-yielding gold, which has dropped for four weeks in a row, was trading at $1,740 an ounce due to soaring interest rates and a strong dollar. Last week, oil prices fell nearly 4% as concerns about demand outweighed supply restrictions. Also Read| Uber's messy journey: A timeline,China's data, coming on Friday, are expected to reveal that the world's second-largest economy dropped considerably in the second quarter owing to coronavirus lockdowns. Brent crude was 72 cents down at $106.30 per barrel on Monday, while US crude was 89 cents lower at $103.90 per barrel.

{\"time\":1657512123407,\"strCount\":4052,\"blocks\":[{\"type\":\"paragraph\",\"data\":{\"text\":\"<a href=\\\"https://opoyi.com/topics/asian/\\\">Asian</a> stocks on Monday were mainly down as investors awaited U.S. inflation data that might compel another massive rise in interest rates, as well as the start of an earnings season that could put profits under pressure.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The BSE Sensex in India fell over 200 points on Monday, echoing a bearish trend in global stock markets. In early trading, the Sensex slipped 219.48 points or 0.40% to 54,262.36. The NSE Nifty dropped 69.85 points or 0.43% to 16,150.75.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read|&nbsp;<a href=\\\"https://opoyi.com/business/week-ahead-quarterly-results-crude-price-to-weigh-on-sensex-nifty-698101/\\\">Week ahead: Quarterly results, crude price to weigh on Sensex, Nifty</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The market is already betting strongly on the Federal Reserve raising interest rates by 75 basis points in response to positive June payrolls data, pushing bond yields and the dollar upward.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"To emphasise the global scope of the inflation threat, Canadian and New Zealand central banks are set to tighten even more this week.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Though Wall Street made modest gains last week, the market sentiment will be challenged by JPMorgan and Morgan Stanley results on Thursday, followed by Citigroup and Wells Fargo the next day.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read|&nbsp;<a href=\\\"https://opoyi.com/business/week-in-review-sensex-nifty-surge-as-crude-prices-fall-below-100-698066/\\\">Week in review: Sensex, Nifty surge as crude prices fall below $100</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The S&amp;P 500 futures were down 0.4% on Monday, while the <a href=\\\"https://opoyi.com/topics/nasdaq/\\\">Nasdaq</a> futures were down 0.5%. The <a href=\\\"https://opoyi.com/topics/euro/\\\">EURO</a> STOXX 50 futures declined 0.6%, while the <a href=\\\"https://opoyi.com/topics/ftse/\\\">FTSE</a> futures lost 0.7%.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"After <a href=\\\"https://opoyi.com/topics/shanghai/\\\">Shanghai</a> uncovered a COVID-19 case with a new subvariant, Omicron BA.5.2.1, <a href=\\\"https://opoyi.com/topics/chinese/\\\">Chinese</a> blue chips fell 1.2%.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"MSCI's broadest Asia-Pacific equity index outside <a href=\\\"https://opoyi.com/topics/japan/\\\">Japan</a> fell 0.7%. South Korea rose 0.1%, while Japan's Nikkei gained 1.6%.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read|&nbsp;<a href=\\\"https://opoyi.com/business/us-stock-market-djia-sp500-nasdaq-and-russell-ended-mixed-on-friday-698115/\\\">US Stock Market: DJIA, S&amp;P500, Nasdaq and Russell ended mixed on Friday</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The U.S. consumer price data on Wednesday will be a crucial challenge, with markets expecting headline inflation to accelerate further to 8.8% but a slight dip in the core measure to 5.8%.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Treasury yields rose roughly 10 basis points in response to the jobs report, with the 10-year yield standing at 3.09% on Monday, up from a recent low of 2.746%.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read|&nbsp;<a href=\\\"https://opoyi.com/world/elon-musk-ends-twitter-deal-how-the-companys-employees-reacted-to-tesla-ceos-pull-out-697247/\\\">Elon Musk ends Twitter deal: How the company's employees reacted to Tesla CEO's pull-out</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The combination of a hawkish Fed and recession worries, particularly in Europe, has held the dollar near 20-year highs against a basket of rivals. The dollar surpassed 137.00 yen, reaching its highest level since 1998, as the Bank of Japan maintained its dovish stance.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The euro remained under pressure at $1.0140, having fallen 2.4% last week to a two-decade low and a major retracement target of $1.0072.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read|&nbsp;<a href=\\\"https://opoyi.com/technology/what-are-the-uber-files-698333/\\\">What are the Uber Files?</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Non-yielding gold, which has dropped for four weeks in a row, was trading at $1,740 an ounce due to soaring interest rates and a strong dollar.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Last week, oil prices fell nearly 4% as concerns about demand outweighed supply restrictions.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read|&nbsp;<a href=\\\"https://opoyi.com/technology/ubers-messy-journey-a-timeline-698337/\\\">Uber's messy journey: A timeline</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"China's data, coming on Friday, are expected to reveal that the world's second-largest economy dropped considerably in the second quarter owing to coronavirus lockdowns.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Brent crude was 72 cents down at $106.30 per barrel on Monday, while <a href=\\\"https://opoyi.com/topics/us/\\\">US</a> crude was 89 cents lower at $103.90 per barrel.\"}}]}

<ul>
 <li>Asian stocks were down as investors awaited U.S. inflation data that might compel another interest rate hike</li>
 <li>Sensex in India fell over 200 points on Monday, echoing a bearish trend in global stock markets</li>
 <li>Brent crude was 72 cents down at $106.30 per barrel on Monday</li>
</ul>

Asian stocks fall as investors await US inflation data, earning reports

FederalReserve

Newzealand

Euro

FTSE

Shanghai

SouthKorea

San Francisco, CA, USA

Elon Musk had earlier insisted that in order to close out his $44 billion takeover of Twitter, the social media company would have to deal with its bot problem, amongst a host of other issues. On Friday, Musk stated in a filing that he wishes to end the takeover agreement. The founder of SpaceX, told Bloomberg at the Qatar Economic Forum in Doha that the number of fake, spam and bot accounts was “still a very significant matter.” Earlier this year in April, Musk cut a deal to acquire the social media giant at $52.40 a share, but has repeatedly made statements questioning the company’s transparency about fake accounts. This has given way to speculation that the tech-mogul wants to either cut costs or even abandon the deal. Also Read: SpaceX fires employees critical of 'free speech absolutist' Elon Musk,As it stands, Musk has managed to raise $13 billion in debt financing with the help of some banks. Key lenders include Morgan Stanley, Bank of America, and Barclays. At the event, the SpaceX founder insisted that he would be responsible for “driving the product” much like he does at his other companies, but had no plans to become the chief executive officer, at least for the time being. ,Musk said that he’d like to get “80% of North America” or even “half the world” on Twitter in some form or the other, and that it had to be “appealing to people.”,The China problem,Even though Twitter has been banned in China, the 50-year-old doesn’t see it as a hurdle if he acquires the company. Musk, in fact, sees China as a growing market for his Tesla electric vehicles and as a key base of production. It is well-known that despite the ban, China uses bot and spam accounts to spread its message outside its borders. So much so that shortly after Musk’s announcement to buy Twitter, the founder of Amazon, Jeff Bezos reportedly asked, “Did the Chinese government just gain a bit of leverage over the town square?”

{\"time\":1657320444579,\"strCount\":2526,\"blocks\":[{\"type\":\"paragraph\",\"data\":{\"text\":\"Elon Musk had earlier insisted that in order to close out his <a href=\\\"https://opoyi.com/english/elon-musk-buys-twitter-in-44-billion-deal\\\">$44 billion takeover</a> of Twitter, the social media company would have to deal with its <a href=\\\"https://opoyi.com/english/elon-musk-denies-going-forward-with-twitter-deal-until-it-clarifies-bot-numbers\\\">bot problem</a>, amongst a host of other issues. On Friday, Musk stated in a filing that he wishes to end the takeover agreement.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The founder of SpaceX, told Bloomberg at the Qatar Economic Forum in <a href=\\\"https://opoyi.com/topic/doha\\\">Doha</a> that the number of fake, spam and bot accounts was “still a very significant matter.” Earlier this year in April, Musk cut a deal to acquire the social media giant at $52.40 a share, but has repeatedly made statements questioning the company’s transparency about fake accounts. This has given way to speculation that the tech-mogul wants to either cut costs or even abandon the deal.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read:&nbsp;<a href=\\\"https://opoyi.com/english/spacex-fires-employees-critical-of-free-speech-absolutist-elon-musk\\\">SpaceX fires employees critical of 'free speech absolutist' Elon Musk</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"As it stands, Musk has managed to raise $13 billion in debt financing with the help of some banks. Key lenders include Morgan Stanley, Bank of America, and Barclays.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"At the event, the <a href=\\\"https://opoyi.com/topic/spacex\\\">SpaceX</a> founder insisted that he would be responsible for “driving the product” much like he does at his other companies, but had no plans to become the chief executive officer, at least for the time being.&nbsp;\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Musk said that he’d like to get “80% of North America” or even “half the world” on Twitter in some form or the other, and that it had to be “appealing to people.”\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The China problem\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Even though Twitter has been banned in <a href=\\\"https://opoyi.com/search/topics/China\\\">China</a>, the 50-year-old doesn’t see it as a hurdle if he acquires the company. Musk, in fact, sees China as a growing market for his <a href=\\\"https://opoyi.com/topic/tesla\\\">Tesla</a> electric vehicles and as a key base of production. It is well-known that despite the ban, China uses bot and spam accounts to spread its message outside its borders. So much so that shortly after Musk’s announcement to buy Twitter, the founder of <a href=\\\"https://opoyi.com/topic/amazon\\\">Amazon</a>, Jeff Bezos reportedly asked, “Did the <a href=\\\"https://opoyi.com/topic/chinese\\\">Chinese</a> government just gain a bit of leverage over the town square?”\"}}]}

<ul>
 <li>Elon Musk floated a deal to buy Twitter at $52.40 a share</li>
 <li>He has managed to raise USD 13 billion from banks&nbsp;</li>
 <li>Many speculate that the deal may fall through given Musk's apprehensions</li>
</ul>

Why is Elon Musk keen to walk away from Twitter deal?

SpaceX

Doha

Amazon

JeffBezos

Tesla (TSLA),Tesla the stock fell 1.6% in the premarket. Tesla is closing its Silicon Valley office and laying off 200 workers, according to a report by the Wall Street Journal. The electric vehicle maker is in the middle of an ongoing effort to reduce headcount and cut costs. Also Read | Why Fireworks are used for July 4 Celebrations?,Carnival (CCL),Shares of the cruise line operator plunged 7.8% in premarket trading after Morgan Stanley slashed the price target to $7 per share from $13. Morgan Stanley said the price could potentially go to zero in the face of another demand shock, given Carnival’s debt levels. Rival cruise stocks also fell in sympathy, with Royal Caribbean (RCL) down 4% and Norwegian Cruise Line (NCLH) falling 4.6%. Also Read | Why US added five companies in China to trade blacklist,Nio (NIO),Nio fell 7% in premarket trading after it denied a report by short-seller Grizzly Research that accused the electric car maker of exaggerating its financial results. The company said the report is without merit and contains numerous errors. Also Read | Oil prices fall after three-day rally,McCormick (MKC),The spice maker’s stock plunged 7.3% in the premarket after the company reported lower-than-expected quarterly results and cut its full-year outlook. McCormick said it is getting a negative impact from factors like higher costs, supply chain issues, and unfavorable foreign currency trends. Also Read | Indian leaders mourn death of 'Phantom of Bombay House' Pallonji Mistry,Bed Bath & Beyond (BBBY),Shares of the houseware retailer plummeted 10.1% in premarket action after it announced the departure of CEO Mark Tritton, saying it was time for a leadership change. Independent director Sue Gove has been appointed as interim CEO while the search for a permanent replacement is conducted. Additionally, the company reported a wider-than-expected quarterly loss. Also Read | Norway donating rocket launchers to Ukraine: Here's what we know so far,Upstart Holdings (UPST),The cloud-based lending company’s stock slumped 9.6% in premarket action after Morgan Stanley downgraded it to “underweight” from “equal-weight”. Morgan Stanley cites several factors, including deteriorating underwriting performance. Also Read | Crypto news daily: Bitcoin data and price analysis for June 29, 2022,Pinterest (PINS),Shares of the image-sharing company rose 2.5% in the premarket after co-founder Ben Silbermann stepped down as CEO and will transition to the newly created post of executive chairman. He’ll be replaced by Bill Ready, who had been president of commerce and Google. Also Read | Tesla and SpaceX CEO Elon Musk's most controversial and offbeat moments,General Mills (GIS),General Mills rose 1.6% in the premarket after reporting adjusted quarterly earnings of $1.12 per share, 11 cents above estimates, with revenue that also beat Wall Street forecasts. The food producer forecast a full year below Street estimates amid rising costs and shifting consumer preferences toward cheaper brands.

{\"time\":1656512186976,\"strCount\":3953,\"blocks\":[{\"type\":\"paragraph\",\"data\":{\"text\":\"<a href=\\\"https://opoyi.com/topics/tesla/\\\">Tesla</a> (TSLA)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Tesla the stock fell 1.6% in the premarket. Tesla is\\nclosing its Silicon Valley office and laying off 200 workers, according to a\\nreport by the Wall Street Journal. The electric vehicle maker is in the middle\\nof an ongoing effort to reduce headcount and cut costs.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/usa/why-fireworks-are-used-for-july-4-celebrations-689925/\\\">Why Fireworks are used for July 4 Celebrations?</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"<a href=\\\"https://opoyi.com/topics/carnival/\\\">Carnival</a> (CCL)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Shares of the cruise line operator plunged 7.8% in\\npremarket trading after Morgan Stanley slashed the price target to $7 per share\\nfrom $13. Morgan Stanley said the price could potentially go to zero in the\\nface of another demand shock, given Carnival’s debt levels. Rival cruise stocks\\nalso fell in sympathy, with Royal Caribbean (RCL) down 4% and Norwegian Cruise\\nLine (NCLH) falling 4.6%.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/world/why-us-added-five-companies-in-china-to-trade-blacklist-689869/\\\">Why US added five companies in China to trade blacklist</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Nio (NIO)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Nio fell 7% in premarket trading after it denied a report by short-seller Grizzly Research that accused the electric car maker of exaggerating its financial results. The company said the report is without merit and contains numerous errors.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/business/oil-prices-fall-after-rallying-for-3-days-689648/\\\">Oil prices fall after three-day rally</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"McCormick (MKC)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The spice maker’s stock plunged 7.3% in the premarket after\\nthe company reported lower-than-expected quarterly results and cut its\\nfull-year outlook. McCormick said it is getting a negative impact from factors\\nlike higher costs, supply chain issues, and unfavorable foreign currency\\ntrends.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/business/indian-leaders-mourn-death-of-phantom-of-bombay-house-pallonji-mistry-689599/\\\">Indian leaders mourn death of 'Phantom of Bombay House' Pallonji Mistry</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Bed Bath &amp; Beyond (BBBY)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Shares of the houseware retailer plummeted 10.1% in\\npremarket action after it announced the departure of CEO Mark Tritton, saying\\nit was time for a leadership change. Independent director Sue Gove has been\\nappointed as interim CEO while the search for a permanent replacement is\\nconducted. Additionally, the company reported a wider-than-expected quarterly\\nloss.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/world/norway-donating-rocket-launchers-to-ukraine-heres-what-we-know-so-far-689779/\\\">Norway donating rocket launchers to Ukraine: Here's what we know so far</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Upstart Holdings (UPST)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The cloud-based lending company’s stock slumped 9.6% in\\npremarket action after Morgan Stanley downgraded it to “underweight” from\\n“equal-weight”. Morgan Stanley cites several factors, including deteriorating\\nunderwriting performance.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/business/crypto-news-daily-bitcoin-data-and-price-analysis-for-june-29-2022-689772/\\\">Crypto news daily: Bitcoin data and price analysis for June 29, 2022</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Pinterest (PINS)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Shares of the image-sharing company rose 2.5% in the\\npremarket after co-founder Ben Silbermann stepped down as CEO and will\\ntransition to the newly created post of executive chairman. He’ll be replaced\\nby Bill Ready, who had been president of commerce and <a href=\\\"https://opoyi.com/topics/google/\\\">Google</a>.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/business/tesla-and-spacex-ceo-elon-musks-most-controversial-and-offbeat-moments-688862/\\\">Tesla and SpaceX CEO Elon Musk's most controversial and offbeat moments</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"General Mills (GIS)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"General Mills rose 1.6% in the premarket after reporting\\nadjusted quarterly earnings of $1.12 per share, 11 cents above estimates, with\\nrevenue that also beat Wall Street forecasts. The food producer forecast a full\\nyear below Street estimates amid rising costs and shifting consumer preferences\\ntoward cheaper brands.\"}}]}

<ul>
 <li>Tesla the stock fell 1.6% in the premarket</li>
 <li>Carnival plunged 7.8% after Morgan Stanley slashed the price target to $7 per share from $13</li>
 <li>McCormick plunged 7.3% after reporting lower-than-expected quarterly results</li>
</ul>

US Premarket: Tesla, Carnival, Nio and other stocks making biggest moves

Pinterest

carnival

Google

Nike (NKE),Nike shares fell 2.4% in the premarket despite reporting higher-than-expected quarterly profit and revenue. The athletic apparel and footwear maker forecasts current-quarter revenue below analysts’ estimates amid increased promotional activity and ongoing disruptions in its profitable Chia market. Also Read | Twitch, Pinterest, UPS fined by Russia over data storage row,Spirit Airlines (SAVE),Spirit jumped 4% in premarket trading as the race to buy the airline intensifies. Jet Blue (JBLU) responded to Frontier Group’s (ULCC) latest improved offer by sweetening its own bid, adding a monthly pre-payment of 10 cents per share between January 2023 and the deal’s adding a monthly pre-payment of 10 cents per share between January 2023 and the deal’s close and a $50 million breakup fee rose to $400 million and a $2.50 per share payment when the deal is approved. Frontier added 2.7%, while JetBlue edged slipped by 0.3%. Also Read | Mukesh Ambani resigns as Director of Reliance Jio, son Akash named chairman,Roivant Sciences (ROIV),The biopharmaceutical company’s shares jumped 7.9% in the premarket after it launched a new biotech company called Priovant Therapeutics in partnership with Pfizer (PFE). Pfizer will hold a 25% stake in Priovant, which will focus on novel therapies for autoimmune diseases. Also Read | NTSB sending team to investigate Amtrak derailment: Everything to know,Morgan Stanley (MS), Goldman Sachs (GS), Bank of America (BAC), and Wells Fargo (WFC), These banks increased their dividends after passing their annual stress tests, but JPMorgan Chase (JPM) and Citigroup (C) kept their payouts unchanged. Morgan Stanley surged 3.3% in premarket action, Goldman added 1.7%, Bank of America jumped 1.1% and Wells Fargo surged 0.7%. Also Read | US pharma retailers ration contraceptive pills after Roe v Wade overturned,Occidental Petroleum (OXY),The stock surged 4% in premarket trading after Berkshire Hathaway (BRK.B) revealed additional purchases of Occidental Petroleum shares, increasing its stake to 16.4%. Also Read | Why US President Joe Biden's wife, daughter are banned from Russia,Jefferies Financial (JEF),Jefferies fell 4.4% in premarket action after reporting a lower-than-expected quarterly profit. However, the investment firm’s revenue did exceed estimates. Revenue fell 30% from the year-ago period amid what Jefferies calls a “challenging” capital markets environment. Also Read Poor nation's pricey mess: Why Zimbabwe hiked interest rate by 200%,Robinhood Markets (HOOD),Robinhood slipped 3.7% in premarket trading after FTX CEO Sam Bankman-Fried declined Bloomberg report that FTX might be interested in buying the trading platform company. Bankman-Fried told CNBC that although he is impressed by Robinhood and has been excited about potential partnerships, there are no active M&A talks taking place. Also Read | What Elon musk's birthday says about him,Playtika (PLTK),Shares of the Israel-based mobile game developer surge 3.2% in premarket trading following an Axios report that Joffre Capital was buying a majority stake. Also Read | US primaries: Why New York will have a two-phase election,Snowflake (SNOW),Snowflake jumped 3.4% in premarket trading after Jefferies upgraded the cloud computing company’s stock to “buy” from “hold”. Jefferies outlined Snowflake’s growth potential and noted its “rock solid” fundamentals and “near flawless” execution. Snowflake had added more than 32% during a five-session win streak before retreating 2.2% yesterday.

{\"time\":1656426270923,\"strCount\":4584,\"blocks\":[{\"type\":\"paragraph\",\"data\":{\"text\":\"Nike (NKE)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"<a href=\\\"https://opoyi.com/topics/nike/\\\">Nike</a> shares fell 2.4% in the premarket despite reporting higher-than-expected quarterly profit and revenue. The athletic apparel and footwear maker forecasts current-quarter revenue below analysts’ estimates amid increased promotional activity and ongoing disruptions in its profitable Chia market.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/technology/twitch-pinterest-ups-fined-by-russia-over-data-storage-row-688967/\\\">Twitch, Pinterest, UPS fined by Russia over data storage row</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Spirit Airlines (SAVE)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"<a href=\\\"https://opoyi.com/topics/spirit/\\\">Spirit</a> jumped 4% in premarket trading as the race to buy the airline intensifies. Jet Blue (JBLU) responded to Frontier Group’s (ULCC) latest improved offer by sweetening its own bid, adding a monthly pre-payment of 10 cents per share between January 2023 and the deal’s adding a monthly pre-payment of 10 cents per share between January 2023 and the deal’s close and a $50 million breakup fee rose to $400 million and a $2.50 per share payment when the deal is approved. Frontier added 2.7%, while JetBlue edged slipped by 0.3%.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/india/mukesh-ambani-resigns-as-director-of-reliance-jio-son-akash-named-chairman-688931/\\\">Mukesh Ambani resigns as Director of Reliance Jio, son Akash named chairman</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Roivant Sciences (ROIV)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The biopharmaceutical company’s shares jumped 7.9% in the premarket after it launched a new biotech company called Priovant Therapeutics in partnership with <a href=\\\"https://opoyi.com/topics/pfizer/\\\">Pfizer</a> (PFE). Pfizer will hold a 25% stake in Priovant, which will focus on novel therapies for autoimmune diseases.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/usa/ntsb-sending-team-to-investigate-amtrak-derailment-everything-to-know-688944/\\\">NTSB sending team to investigate Amtrak derailment: Everything to know</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Morgan Stanley (MS), Goldman Sachs (GS), Bank of America (BAC), and Wells Fargo (WFC)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\" These banks increased their dividends after passing their annual stress tests, but JPMorgan Chase (JPM) and Citigroup (C) kept their payouts unchanged. Morgan Stanley surged 3.3% in premarket action, Goldman added 1.7%, Bank of America jumped 1.1% and Wells Fargo surged 0.7%.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/usa/us-pharma-retailers-ration-contraceptive-pills-after-roe-v-wade-overturned-688692/\\\">US pharma retailers ration contraceptive pills after Roe v Wade overturned</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Occidental Petroleum (OXY)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The stock surged 4% in premarket trading after Berkshire Hathaway (BRK.B) revealed additional purchases of Occidental Petroleum shares, increasing its stake to 16.4%.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/world/why-us-president-joe-bidens-wife-daughter-are-banned-from-russia-688857/\\\">Why US President Joe Biden's wife, daughter are banned from Russia</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Jefferies Financial (JEF)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Jefferies fell 4.4% in premarket action after reporting a lower-than-expected quarterly profit. However, the investment firm’s revenue did exceed estimates. Revenue fell 30% from the year-ago period amid what Jefferies calls a “challenging” capital markets environment.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read&nbsp;<a href=\\\"https://opoyi.com/business/poor-nations-pricey-mess-why-zimbabwe-hiked-interest-rate-by-200-688763/\\\">Poor nation's pricey mess: Why Zimbabwe hiked interest rate by 200%</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Robinhood Markets (HOOD)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Robinhood slipped 3.7% in premarket trading after FTX CEO Sam Bankman-Fried declined Bloomberg report that FTX might be interested in buying the trading platform company. Bankman-Fried told CNBC that although he is impressed by Robinhood and has been excited about potential partnerships, there are no active M&amp;A talks taking place.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/entertainment/what-elon-musks-birthday-says-about-him-688703/\\\">What Elon musk's birthday says about him</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Playtika (PLTK)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Shares of the Israel-based mobile game developer surge 3.2% in premarket trading following an Axios report that Joffre Capital was buying a majority stake.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/usa/us-primaries-why-new-york-will-have-a-two-phase-election-688345/\\\">US primaries: Why New York will have a two-phase election</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Snowflake (SNOW)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Snowflake jumped 3.4% in premarket trading after Jefferies upgraded the cloud computing company’s stock to “buy” from “hold”. Jefferies outlined Snowflake’s growth potential and noted its “rock solid” fundamentals and “near flawless” execution. Snowflake had added more than 32% during a five-session win streak before retreating 2.2% yesterday.\"}}]}

<ul>
 <li>Nike shares fell 2.4% despite reporting higher-than-expected quarterly profit and revenue</li>
 <li>Spirit jumped 4% as the race to buy the airline intensifies</li>
 <li>Roivant Sciences jumped 7.9% after it launched Priovant Therapeutics</li>
</ul>

US Premarket: Nike, Spirit, Roivant and other stocks making biggest moves

Nike

Pfizer

Spirit

BerkshireHathaway

Israel

Baidu (BIDU),Baidu shares added 4.1% in the premarket after Reuters reported the China-based internet search giant is in talks to sell its controlling stake in the video streaming company iQIYI (IQ). iQIYI fell 3.4%. Moderna (MRNA) ,Moderna shares added 1% in premarket action after it won the recommendation of an FDA panel for use of its Covid-19 vaccine in children aged from 6 to 17 years. A vote by the full FDA could come within a few days. Also Read | Elon Musk's Republican vote goes to Maya Flores in Texas: What it means,Stellantis (STLA),The stock rallied 3.4% in the premarket as the company will begin indefinite layoffs next week at its Sterling Heights, Michigan stamping plant. The world’s fourth-largest automaker did not specify how many workers would be impacted. MicroStrategy (MSTR),MicroStrategy shares fell 2.2% in the premarket as the price of bitcoin touched an 18-month-low. The business analytics company has extensive bitcoin holdings. Also Read | Wall Street enters bear market: What does it mean for investors,Zendesk (ZEN),Zendesk gained 1% in premarket trading as the company is in settlement talks with activist investor Jana Partners after ending an unsuccessful effort to sell the software company, reported Wall Street Journal. The report said proposed changes could involve CEO Mikkel Svane stepping down and changes to the board of directors. Also Read | On Ukraine war, Pope wants to move away from ‘Little Red Riding Hood pattern’,Robinhood Markets (HOOD),Shares of the trading platform operator slid 4.2% in premarket action. The stock was downgraded to “underweight” from “neutral” at Atlantic Equities, which cited Robinhood’s revenue trends. Also Read | Why Congress sent legal notice to government over Rahul Gandhi's ED questioning,Sonos (SONO),Sonos declined 3.1% in the premarket after the high-end speaker maker was downgraded to “equal-weight” from “overweight” at Morgan Stanley, which is concerned about the impact of more cautious consumer spending. Also Read | Bill Gates says cryptocurrency, NFT based on greater fool theory,Wheels Up (UP),Shares of the private jet company’s stock rose 2.1% in the premarket after Goldman began coverage with a “buy” rating, saying Wheels Up is a leading company in an established and growing end market. Also Read | What caused massive power outages in Ohio, mid-western US?,Snowflake (SNOW),Shares of the cloud computing company gained 3.6% in the premarket. The stock was upgraded to “buy” from “hold” at Canaccord Genuity. Shares have declined over 65% in 2022, but Canaccord said the stock is now at an attractive entry point, given growing demand and promising new products.

{\"time\":1655301442635,\"strCount\":3547,\"blocks\":[{\"type\":\"paragraph\",\"data\":{\"text\":\"Baidu (BIDU)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Baidu shares added 4.1% in the premarket after Reuters\\nreported the China-based internet search giant is in talks to sell its\\ncontrolling stake in the video streaming company iQIYI (IQ). iQIYI fell 3.4%.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Moderna (MRNA) \"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"<a href=\\\"https://opoyi.com/topics/moderna/\\\">Moderna</a> shares added 1% in premarket action after it won\\nthe recommendation of an <a href=\\\"https://opoyi.com/topics/fda/\\\">FDA</a> panel for use of its Covid-19 vaccine in children\\naged from 6 to 17 years. A vote by the full FDA could come within a few days.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/world/elon-musks-republican-vote-goes-to-maya-flores-in-texas-what-it-means-372960/\\\">Elon Musk's Republican vote goes to Maya Flores in Texas: What it means</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Stellantis (STLA)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The stock rallied 3.4% in the premarket as the company\\nwill begin indefinite layoffs next week at its Sterling Heights, <a href=\\\"https://opoyi.com/topics/michigan/\\\">Michigan</a>\\nstamping plant. The world’s fourth-largest automaker did not specify how many\\nworkers would be impacted.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"MicroStrategy (MSTR)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"MicroStrategy shares fell 2.2% in the premarket as the\\nprice of bitcoin touched an 18-month-low. The business analytics company has\\nextensive bitcoin holdings.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/business/wall-street-enters-bear-market-what-does-it-mean-for-investors-141766/\\\">Wall Street enters bear market: What does it mean for investors</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Zendesk (ZEN)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Zendesk gained 1% in premarket trading as the company is\\nin settlement talks with activist investor Jana Partners after ending an\\nunsuccessful effort to sell the software company, reported Wall Street Journal.\\nThe report said proposed changes could involve CEO Mikkel Svane stepping down\\nand changes to the board of directors.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/usa/on-ukraine-war-pope-wants-to-move-away-from-little-red-riding-hood-pattern-674810/\\\">On Ukraine war, Pope wants to move away from ‘Little Red Riding Hood pattern’</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Robinhood Markets (HOOD)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Shares of the trading platform operator slid 4.2% in\\npremarket action. The stock was downgraded to “underweight” from “neutral” at\\nAtlantic Equities, which cited Robinhood’s revenue trends.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/india/why-congress-sent-legal-notice-to-government-over-rahul-gandhis-ed-questioning-404518/\\\">Why Congress sent legal notice to government over Rahul Gandhi's ED questioning</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Sonos (SONO)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Sonos declined 3.1% in the premarket after the high-end\\nspeaker maker was downgraded to “equal-weight” from “overweight” at Morgan\\nStanley, which is concerned about the impact of more cautious consumer\\nspending.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/technology/bill-gates-says-cryptocurrency-nft-based-on-greater-fool-theory-232488/\\\">Bill Gates says cryptocurrency, NFT based on \\\"greater fool theory\\\"</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Wheels Up (UP)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Shares of the private jet company’s stock rose 2.1% in\\nthe premarket after Goldman began coverage with a “buy” rating, saying Wheels\\nUp is a leading company in an established and growing end market.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/world/what-caused-massive-power-outages-in-ohio-mid-western-us-568248/\\\">What caused massive power outages in Ohio, mid-western US?</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Snowflake (SNOW)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Shares of the cloud computing company gained 3.6% in the\\npremarket. The stock was upgraded to “buy” from “hold” at Canaccord Genuity.\\nShares have declined over 65% in 2022, but Canaccord said the stock is now at\\nan attractive entry point, given growing demand and promising new products.\"}}]}

<ul>
 <li>Baidu added 4.1% as it is in talks to sell its controlling stake in the iQIYI</li>
 <li>Moderna rose 1% in the premarket trading</li>
 <li>Stellantis 3.4% as the company will begin indefinite layoffs</li>
</ul>

US Premarket: Baidu, Moderna, Zendesk and other stocks making biggest moves

Moderna

Michigan

Robinhood

Wall Street trembled on Friday, and stocks plunged after getting battered by data showing inflation is getting worse, not better as investors had been hoping. The S&P 500 was 107.53 points or 2.68% lower at 3,910.29 in the morning trading, while moves in the bond market indicated investors’ worries are building about a possible recession. The Dow Jones Industrial Average was down 778.48 points or 2.4% at 31,494.31 as of 10:13 a.m. Eastern time zone. The Nasdaq composite fell 363.97 points or 3.10% to 11,390.26. Also Read | Who was Julee Cruise, David Lynch collaborator and singer dead at 65?,Wall Street came into Friday hoping a highly awaited report on the consumer price index would show the worst inflation in generations slowed last month. Instead, the US government said inflation surged to 8.6% in May from 8.3% a month earlier. The Federal Reserve has already started increasing interest rates and taking other measures in order to slow the economy, in hopes of forcing down inflation. Wall Street interpreted Friday's report to mean the Fed's foot will remain firmly on the brakes for the economy, raising hopes that it may take a pause later this year. Also Read | Why Ukraine has to now completely depend on weapons from allies,The market is anticipating a half a percentage points hike in Fed’s key short-term interest rate at each of its next three meetings, beginning next week. That third one in September had been up for debate among investors in recent weeks. The Fed has raised rates by that degree only once since 2000, in May. Too-aggressive rate hikes by the Fed could ultimately force the economy into a recession. Higher interest rates make borrowing more expensive, which negatively impacts spending and investments by households and companies. Also Read | China warns US it will 'start a war' if Taiwan declares independence,The two-year Treasury yield rose to 2.94% following the inflation report, after touching its highest level since 2018. It's up from 2.83% late Thursday. The 10-year yield was zoomed, but more modestly than the two-year yield, which is more influenced by expectations for Fed movements. The 10-year yield jumped to 3.10% from 3.04%. Also Read | 'Psychedelics and MDMA': Musk's solution to the US mental health crisis,The narrowing gap between those two yields indicates that investors in the bond market are more worried about economic growth. If the two-year yield rises above the 10-year yield, some investors see that as a red flag warning of a recession hitting in a year or two. Also Read | Why Norway is terminating 20-year-old NH90 military helicopters contract,A higher-than-expected CPI number seals the deal on investors' fears, Mike Loewengart, managing director at E-Trade from Morgan Stanley, wrote in a research note. And though consumers may be experiencing high prices in their day-to-day, especially at the pump, it's disappointing to see that we don't have a lid on inflation yet, despite the Fed's efforts. The S&P 500 is moving towards its ninth losing week in the last 10.

{\"time\":1654874158369,\"strCount\":4022,\"blocks\":[{\"type\":\"paragraph\",\"data\":{\"text\":\"Wall Street trembled on Friday, and <a href=\\\"https://opoyi.com/india/explained-the-impact-of-bond-yield-on-markets-and-investors-641122/\\\">stocks</a> plunged after\\ngetting battered by data showing <a href=\\\"https://opoyi.com/world/what-are-the-effects-of-the-fed-raising-interest-rates-to-fight-inflation-386419/\\\">inflation</a> is getting worse, not better as\\ninvestors had been hoping.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The S&amp;P 500 was 107.53 points or 2.68% lower at\\n3,910.29 in the morning trading, while moves in the bond market indicated\\ninvestors’ worries are building about a possible recession. The Dow Jones\\nIndustrial Average was down 778.48 points or 2.4% at 31,494.31 as of 10:13 a.m.\\nEastern time zone. The Nasdaq composite fell 363.97 points or 3.10% to\\n11,390.26.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/entertainment/who-was-julee-cruise-177240/\\\">Who was Julee Cruise, David Lynch collaborator and singer dead at 65?</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Wall Street came into Friday hoping a highly awaited\\nreport on the consumer price index would show the worst inflation in generations\\nslowed last month. Instead, the <a href=\\\"https://opoyi.com/topics/us/\\\">US</a> government said inflation surged to 8.6% in\\nMay from 8.3% a month earlier.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The <a href=\\\"https://opoyi.com/usa/why-us-federal-reserves-policy-stance-may-be-working-517392/\\\">Federal Reserve</a> has already started <a href=\\\"https://opoyi.com/india/why-interest-rates-are-being-hiked-globally-192693/\\\">increasing\\ninterest rates</a> and taking other measures in order to slow the economy, in hopes\\nof forcing down inflation. Wall Street interpreted Friday's report to mean the\\nFed's foot will remain firmly on the brakes for the economy, raising hopes that\\nit may take a pause later this year.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/usa/why-ukraine-has-to-now-completely-depend-on-weapons-from-allies-418276/\\\">Why Ukraine has to now completely depend on weapons from allies</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The market is anticipating a half a percentage points\\nhike in Fed’s key short-term interest rate at each of its next three meetings,\\nbeginning next week. That third one in September had been up for debate among\\ninvestors in recent weeks. The Fed has raised rates by that degree only once\\nsince 2000, in May.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Too-aggressive rate hikes by the Fed could ultimately\\nforce the economy into a recession. Higher interest rates make borrowing more\\nexpensive, which negatively impacts spending and investments by households and\\ncompanies.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/world/shangri-la-dialogue-china-to-start-a-war-if-taiwan-declares-independence-463685/\\\">China warns US it will 'start a war' if Taiwan declares independence</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The two-year Treasury yield rose to 2.94% following the\\ninflation report, after touching its highest level since 2018. It's up from\\n2.83% late Thursday.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The 10-year yield was zoomed, but more modestly than the\\ntwo-year yield, which is more influenced by expectations for Fed movements. The\\n10-year yield jumped to 3.10% from 3.04%.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/world/psychedelics-and-mdma-elon-musks-solution-to-the-us-mental-health-crisis-468899/\\\">'Psychedelics and MDMA': Musk's solution to the US mental health crisis</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The narrowing gap between those two yields indicates that\\ninvestors in the bond market are more worried about economic growth. If the\\ntwo-year yield rises above the 10-year yield, some investors see that as a red\\nflag warning of a recession hitting in a year or two.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/usa/why-norway-is-terminating-20-year-old-nh90-military-helicopters-contract-300198/\\\">Why Norway is terminating 20-year-old NH90 military helicopters contract</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"\\\"A higher-than-expected CPI number seals the deal on\\ninvestors' fears,\\\" Mike Loewengart, managing director at E-Trade from\\nMorgan Stanley, wrote in a research note. \\\"And though consumers may be\\nexperiencing high prices in their day-to-day, especially at the pump, it's\\ndisappointing to see that we don't have a lid on inflation yet, despite the\\nFed's efforts.\\\"\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The S&amp;P 500 is moving towards its ninth losing week\\nin the last 10.\"}}]}

<ul>
 <li>Dow Jones Industrial Average was down 778.48 points or 2.4% at 31,494.31</li>
 <li>The US government said inflation surged to 8.6% in May</li>
 <li>The 10-year yield jumped to 3.10% from 3.04%</li>
</ul>

US Stock Market: DJIA, S&P500 and Nasdaq turn red in early trade on Friday

EarlyTrade

Yamana Gold (AUY),Shares of the Canadian gold producer surged 14.9% in the premarket after it agreed to be acquired by Gold Fields (GFI) in an all-stock deal valued at $6.7 billion. Yamana Gold shareholders will receive 0.6 Gold Field shares for each share they now hold. Gold Fields plunged 11.8%. Also Read | What is Manhattanhenge and why are New Yorkers so excited about it,Unilever (UL),Unilever surged 6.4% in the premarket after the consumer products company named activist investor Nelson Peltz to its board. Peltz’s Trian Fund Management holds a roughly 1.5% stake in Unilever. Credit Suisse (CS),Credit Suisse fell 3.8% in premarket action after the company denied a Reuters report that it is mulling various options to raise capital after a series of losses. According to a Reuters report, the bank was in the early stages of weighing options, such as a share sale or selling a business unit. Also Read | Amid Russia-Ukraine conflict, representatives hold war crimes meeting at Hague,Nio (NIO),Nio shares climbed 5.1% in the premarket after Morgan Stanley added the China-based electric vehicle maker’s stock to its “tactical idea” list. According to Morgan Stanley, the shares are set to rise as Covid restrictions are relaxed in the Shanghai region, and as the company benefits from new subsidies for electric car buyers. Also Read | With 30 jets, China enters Taiwan defence zone; mounts second largest incursion,Sanofi (SNY),Shares of the drugmaker slipped 3.7% in premarket trading after the FDA put a trial related to its erectile dysfunction drug Cialis on hold. The trial was to evaluate the conversion of the prescription treatment to “over the counter” status, with Sanofi saying the halt was related to trial design. Also Read | Handguns: Canada's new bill proposes complete freeze on ownership,American Eagle Outfitters (AEO),Shares of the apparel retailer declined 5.7% in the premarket after a post-earnings tumble of 6.6% on Friday. Morgan Stanley downgraded the stock to “underweight” from “equal-weight”. It said reduced guidance from American Eagle management may still be too optimistic. Also Read | DoJ probe could shed light on police time lapse in Uvalde killings,Zoom Video Communications (ZM),Shares of the videoconferencing company added 1.6% in the premarket trading after the stock received a double upgrade at Daiwa Securities, which raised its rating to “outperform” from “underperform”. Daiwa said the recent tech pullback presents an upside opportunity, and that growth expectations for Zoom now seem more realistic.

{\"time\":1654005447829,\"strCount\":3373,\"blocks\":[{\"type\":\"paragraph\",\"data\":{\"text\":\"Yamana Gold (AUY)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Shares of the Canadian gold producer surged 14.9% in the\\npremarket after it agreed to be acquired by <a href=\\\"https://opoyi.com/business/gold-silver-and-other-metal-prices-on-tuesday-may-31-2022-269389/\\\">Gold</a> Fields (GFI) in an all-stock\\ndeal valued at $6.7 billion. Yamana Gold shareholders will receive 0.6 Gold\\nField shares for each share they now hold. Gold Fields plunged 11.8%.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/offbeat/what-is-manhattanhenge-and-why-are-new-yorkers-so-excited-about-it-512396/\\\">What is Manhattanhenge and why are New Yorkers so excited about it</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Unilever (UL)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Unilever surged 6.4% in the premarket after the consumer\\nproducts company named activist investor Nelson Peltz to its board. Peltz’s\\nTrian Fund Management holds a roughly 1.5% stake in Unilever.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Credit Suisse (CS)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Credit Suisse fell 3.8% in premarket action after the\\ncompany denied a Reuters report that it is mulling various options to raise\\ncapital after a series of losses. According to a Reuters report, the bank was\\nin the early stages of weighing options, such as a share sale or selling a business\\nunit.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/world/amid-russia-ukraine-conflict-representatives-hold-war-crimes-meeting-at-hague-573789/\\\">Amid Russia-Ukraine conflict, representatives hold war crimes meeting at Hague</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Nio (NIO)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Nio shares climbed 5.1% in the premarket after Morgan\\nStanley added the China-based electric vehicle maker’s stock to its “tactical\\nidea” list. According to Morgan Stanley, the shares are set to rise as Covid\\nrestrictions are relaxed in the <a href=\\\"https://opoyi.com/topics/shanghai/\\\">Shanghai</a> region, and as the company benefits\\nfrom new subsidies for electric car buyers.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/usa/with-30-jets-china-enters-taiwan-defence-zone-mounts-second-largest-incursion-295064/\\\">With 30 jets, China enters Taiwan defence zone; mounts second largest incursion</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Sanofi (SNY)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Shares of the drugmaker slipped 3.7% in premarket trading\\nafter the <a href=\\\"https://opoyi.com/topics/fda/\\\">FDA</a> put a trial related to its erectile dysfunction drug Cialis on\\nhold. The trial was to evaluate the conversion of the prescription treatment to\\n“over the counter” status, with Sanofi saying the halt was related to trial\\ndesign.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/world/handguns-canadas-new-bill-proposes-complete-freeze-on-ownership-575686/\\\">Handguns: Canada's new bill proposes complete freeze on ownership</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"American Eagle Outfitters (AEO)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Shares of the apparel retailer declined 5.7% in the\\npremarket after a post-earnings tumble of 6.6% on Friday. Morgan Stanley\\ndowngraded the stock to “underweight” from “equal-weight”. It said reduced\\nguidance from American Eagle management may still be too optimistic.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/world/doj-probe-could-shed-light-on-police-time-lapse-in-uvalde-killings-264801/\\\">DoJ probe could shed light on police time lapse in Uvalde killings</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Zoom Video Communications (ZM)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Shares of the videoconferencing company added 1.6% in the\\npremarket trading after the stock received a double upgrade at Daiwa\\nSecurities, which raised its rating to “outperform” from “underperform”. Daiwa\\nsaid the recent tech pullback presents an upside opportunity, and that growth\\nexpectations for Zoom now seem more realistic.\"}}]}

<ul>
 <li>Yamana Gold surged 14.9% after it agreed to be acquired by Gold Fields</li>
 <li>Unilever surged 6.4% after the company named activist investor Nelson Peltz to its board</li>
 <li>Credit Suisse fell 3.8% in premarket action</li>
</ul>

US Premarket: Yamana Gold, Unilever and other stocks making biggest moves

Zoom

Zomato shares rose more than 18% in early trade on Tuesday after the business reported results for the March 2022 quarter. ,For the quarter ending March 2022, the company posted a net loss of Rs 359 crore, almost double the loss of Rs 134 crore posted in the same time the previous year. Also Read| Sensex jumps over 130 points while Nifty around 16,250 in early trade,Conversely, in the fourth quarter of 2021-22, the company's consolidated revenue from operations increased by 75% year on year to Rs 1,212 crore, up from Rs 692 crore the previous year. After the increase in revenue, Zomato's stock rose 18.6% to Rs 67.6 on Tuesday. On Monday, the stock closed at Rs 57. The stock had its greatest intra-day gain since its initial public offering. Also Read| Trending Stocks: Zomato, Divi's Labs, ONGC, SAIL and others in news today,Because of the outstanding intraday surge in the counter, the new-age digital platform's market value has now reached Rs 50,000 crore after a long time. ,According to a regulatory filing, Zomato's adjusted EBITDA loss decreased to Rs 220 crore (-15% of adjusted sales) in Q4 FY22 from Rs 270 crore (-19% of adjusted revenue) in Q3 FY22. Also Read| Stocks that should be on your watchlist on Tuesday, May 24, 2022,Zomato shares were still 15% below their offering price of Rs 76 when they were listed in July 2021. Furthermore, the counter has fallen around 66% from its all-time high of Rs 169.10. Morgan Stanley maintains an 'overweight' rating on the company, with a target price of Rs 135 per share. Also Read| US Stock Market: DJIA, S&P500, Nasdaq and Russell ended in green Monday,The fourth-quarter results were consistent with increased transparency in segment disclosures. The corporation provided a more optimistic prognosis for the first quarter and a more stringent framework for capital allocation. ,According to CNBC-TV18, the firm is on the right track but requires constant execution to achieve high expectations.

{\"time\":1653376519237,\"strCount\":2461,\"blocks\":[{\"type\":\"paragraph\",\"data\":{\"text\":\"<a href=\\\"https://opoyi.com/topics/zomato/\\\">Zomato</a> shares rose more than 18% in early trade on Tuesday after the business reported results for the March 2022 quarter. \"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"For the quarter ending March 2022, the company posted a net loss of Rs 359 crore, almost double the loss of Rs 134 crore posted in the same time the previous year.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read|&nbsp;<a href=\\\"https://opoyi.com/business/sensex-jumps-over-130-points-while-nifty-around-16250-in-early-trade-416859/\\\">Sensex jumps over 130 points while Nifty around 16,250 in early trade</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Conversely, in the fourth quarter of 2021-22, the company's consolidated revenue from operations increased by 75% year on year to Rs 1,212 crore, up from Rs 692 crore the previous year.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"After the increase in revenue, Zomato's stock rose 18.6% to Rs 67.6 on Tuesday. On Monday, the stock closed at Rs 57. The stock had its greatest intra-day gain since its initial public offering.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read|&nbsp;<a href=\\\"https://opoyi.com/business/trending-stocks-zomato-divis-labs-ongc-sail-and-others-in-news-today-589006/\\\">Trending Stocks: Zomato, Divi's Labs, ONGC, SAIL and others in news today</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Because of the outstanding intraday surge in the counter, the new-age digital platform's market value has now reached Rs 50,000 crore after a long time. \"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"According to a regulatory filing, Zomato's adjusted EBITDA loss decreased to Rs 220 crore (-15% of adjusted sales) in Q4 FY22 from Rs 270 crore (-19% of adjusted revenue) in Q3 FY22.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read|&nbsp;<a href=\\\"https://opoyi.com/business/stocks-that-should-be-on-your-watchlist-on-tuesday-may-24-2022-118489/\\\">Stocks that should be on your watchlist on Tuesday, May 24, 2022</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Zomato shares were still 15% below their offering price of Rs 76 when they were listed in July 2021. Furthermore, the counter has fallen around 66% from its all-time high of Rs 169.10.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Morgan Stanley maintains an 'overweight' rating on the company, with a target price of Rs 135 per share.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read|&nbsp;<a href=\\\"https://opoyi.com/technology/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-green-monday-572113/\\\">US Stock Market: DJIA, S&amp;P500, Nasdaq and Russell ended in green Monday</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The fourth-quarter results were consistent with increased transparency in segment disclosures. The corporation provided a more optimistic prognosis for the first quarter and a more stringent framework for capital allocation. \"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"According to CNBC-TV18, the firm is on the right track but requires constant execution to achieve high expectations.\"}}]}

<ul>
 <li>Zomato's share rose 18.6% to Rs 67.6 on Tuesday</li>
 <li>The company posted a net loss of Rs 359 crore for the quarter ending March 2022</li>
 <li>The company's consolidated revenue from operations increased by 75% year on year to Rs 1,212 crore</li>
</ul>

Zomato shares rally over 18% after reporting 75% YoY increase in revenue

Zomato

VMWare (VMW),Shares of the cloud computing company’s stock rallied 21.3% in premarket action after multiple reports that it is in advance talks to be bought by chipmaker Broadcom (AVGO). The two companies are reportedly discussing a cash-and-stock deal which could happen soon, according to a report by CNBC. Broadcom fell 4.3%. Also Read | Quad summit 2022: What India seeks to gain from the security dialogue,Emergent BioSolutions (EBS),The biopharma company’s stock jumped 11.1% in the premarket following the increasing concerns about the spread of monkeypox. Emergent supplies smallpox vaccine, which can be used as protection against monkeypox. GameStop (GME),GameStop stock jumped 3.5% in the premarket after the video game retailer launched a digital wallet for cryptocurrencies and NFTs. Also Read | What is Indo-Pacific Economic Framework?,Autodesk (ADSK),Shares of the design software company fell 3.9% in premarket action after RBC slashed its price target on the stock to $255 per share from $295 per share. RBC said Street earnings estimates may be too high and that Autodesk needs to establish consistency in its results to gain investor confidence. Also Read | Why China views Quad as the ‘Asian NATO’,Electronic Arts (EA),Shares of the video game maker rose 2.5% in the premarket after Puck News reported that the company was actively seeking a buyer or merger partner. Reportedly, EA has held talks with Walt Disney (DIS), Apple (AAPL) and Amazon (AMZN). HP Inc. (HPQ),HP slid 2.7% in premarket trading after the stock was downgraded to “neutral” from “buy” at Citi, based on moderating demand for PCs in the near to mid-term. Also Read | 13 countries to join Indo-Pacific Economic Framework: Joe Biden,Motorola Solutions (MSI),Motorola Solutions gained 2.5% in the premarket after Morgan Stanley upgraded the stock to “overweight” from “equal-weight,” with several favourable trends in place including an increase in demand for video surveillance. ,Pfizer (PFE),The stock edged higher by 0.25 after Pfizer and partner BioNTech (BNTX) said three doses of their Covid-19 vaccine offered strong protection for children under 5, according to primary data. BioNTech gained 1.8% in premarket action. Also Read | China is 'flirting with danger': Joe Biden says United States will defend Taiwan if invaded,Boeing (BA),Boeing surged 1% in premarket action after its Starliner spacecraft successfully docked with the International Space Station over the weekend.

{\"time\":1653336540870,\"strCount\":3271,\"blocks\":[{\"type\":\"paragraph\",\"data\":{\"text\":\"VMWare (VMW)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Shares of the cloud computing company’s stock rallied\\n21.3% in premarket action after multiple reports that it is in advance talks to\\nbe bought by chipmaker Broadcom (AVGO). The two companies are reportedly\\ndiscussing a cash-and-stock deal which could happen soon, according to a report\\nby CNBC. Broadcom fell 4.3%.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/india/quad-summit-2022-what-india-seeks-to-gain-from-the-security-dialogue-267867/\\\">Quad summit 2022: What India seeks to gain from the security dialogue</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Emergent BioSolutions (EBS)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The biopharma company’s stock jumped 11.1% in the\\npremarket following the increasing concerns about the spread of monkeypox. Emergent\\nsupplies smallpox vaccine, which can be used as protection against monkeypox.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"GameStop (GME)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"GameStop stock jumped 3.5% in the premarket after the\\nvideo game retailer launched a digital wallet for cryptocurrencies and NFTs.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/world/what-is-indo-pacific-economic-framework-673577/\\\">What is Indo-Pacific Economic Framework?</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Autodesk (ADSK)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Shares of the design software company fell 3.9% in\\npremarket action after RBC slashed its price target on the stock to $255 per\\nshare from $295 per share. RBC said Street earnings estimates may be too high\\nand that Autodesk needs to establish consistency in its results to gain\\ninvestor confidence.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/india/why-china-views-quad-as-the-asian-nato-211289/\\\">Why China views Quad as the ‘Asian NATO’</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Electronic Arts (EA)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Shares of the video game maker rose 2.5% in the premarket after Puck News reported that the company was actively seeking a buyer or merger partner. Reportedly, EA has held talks with Walt Disney (DIS),&nbsp;<a href=\\\"https://opoyi.com/topics/apple/\\\">Apple</a>&nbsp;(AAPL) and&nbsp;<a href=\\\"https://opoyi.com/topics/amazon/\\\">Amazon</a>&nbsp;(AMZN).\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"HP Inc. (HPQ)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"HP slid 2.7% in premarket trading after the stock was\\ndowngraded to “neutral” from “buy” at Citi, based on moderating demand for PCs\\nin the near to mid-term.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/usa/13-countries-to-join-indo-pacific-economic-framework-us-president-joe-biden-484211/\\\">13 countries to join Indo-Pacific Economic Framework: Joe Biden</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Motorola Solutions (MSI)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Motorola Solutions gained 2.5% in the premarket after\\nMorgan Stanley upgraded the stock to “overweight” from “equal-weight,” with\\nseveral favourable trends in place including an increase in demand for video\\nsurveillance. \"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Pfizer (PFE)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The stock edged higher by 0.25 after <a href=\\\"https://opoyi.com/topics/pfizer/\\\">Pfizer</a> and partner\\nBioNTech (BNTX) said three doses of their Covid-19 vaccine offered strong\\nprotection for children under 5, according to primary data. BioNTech gained\\n1.8% in premarket action.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/world/china-is-flirting-with-danger-joe-biden-says-united-states-will-defend-taiwan-if-invaded-214346/\\\">China is 'flirting with danger': Joe Biden says United States will defend Taiwan if invaded</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Boeing (BA)\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"<a href=\\\"https://opoyi.com/topics/boeing/\\\">Boeing</a> surged 1% in premarket action after its Starliner\\nspacecraft successfully docked with the International Space Station over the\\nweekend.\"}}]}

<ul>
 <li>Shares of VMWare rallied 21.3% in premarket action</li>
 <li>Emergent BioSolutions surged 11.1% in the premarket</li>
 <li>GameStop stock jumped 3.5% in the premarket</li>
</ul>

US Premarket: VMWare, GameStop, HP and other stocks making biggest moves

GameStop

USStocks

Apple

WaltDisney

The BSE Sensex surged 180.22 points or 0.34% to close at 52,973.84. During the day, it gained 634.66 points or 1.20% to 53,428.28. The broader NSE Nifty rose 60.15 points or 0.38% to close at 15,842.30, posting its first gain in seven sessions. On the sectoral front, capital goods, auto, realty, power and PSU bank indices surged 1-3% while IT and FMCG stocks ended lower. Also Read | Closing Bell: Sensex surges 180 points, Nifty closes at 15,842,Here are the key stocks that moved the most on May 16:,State Bank of India: The stock closed 2.55% to close at Rs 456.00 after the state-owned bank reported a 41% YoY rise in net profit at Rs 9,113.5 crore, which was below the street estimates of Rs 9,927.6 crore. The net profit was its highest ever. Morgan Stanley has kept an “overweight” rating and cut the target price to Rs 580 from Rs 615 while Nomura has maintained a “buy” rating on the stock with a target of Rs 615. Also Read | ACC, Ambuja stocks surge on Adani-Holcim deal,Eicher Motors: The share price surged 7.95% to close at Rs 2,626 after Eicher Motors on May 13 declared a consolidated profit after tax (PAT) of Rs 610 crore for the quarter ended March 2022. Sequentially, the profit growth was 34% from Rs 456 crore in the previous quarter. The company reported an 8.6% YoY growth in its consolidated revenue at Rs 3,193 crore from Rs 2,940 crore in the corresponding period of the previous year. Also Read | McDonald's becomes largest Western firm to exit Russia after Ukraine invasion,ACC Ltd and Ambuja Cements Ltd: Stocks of the cement companies opened higher following Adani’s announcement on Sunday of acquiring Holcim’s stake in the firms. ACC and Ambuja’s stocks closed 3.7% and 2.36% higher respectively, on the BSE. Also Read | Renault formally quits Russia, sells $2.29 billion plant to city of Moscow,Avenue Supermarts (DMart): The stock closed 10.35% higher at Rs 3,565.00 after the company posted a 3% YoY rise in net profit. On a sequential basis, the consolidated net profit declined 22% to Rs 427 crore for the March quarter of the financial year 2022. Revenue slipped 5% QoQ to Rs 8,787 crore from Rs 9,218 core. On the yearly basis, revenue rose 19%. Also Read | Europe slashes growth forecast, projects rising inflation amid Ukraine war,Bank of Baroda: The stock gained 5.53% to close at Rs 100.25 as investors were impressed by the continuous improvement in the lender’s asset quality in the March 2022 quarter. The bank reported gross non-performing assets (GNPA) ratio of 6.6% for the quarter as against 7.3% in the previous quarter despite new slippages rising to Rs 4,500 crore. The rise in slippages at over 5% on year to Rs 3,776 crore weighed on net profit, which was below analysts’ expectations.

{\"time\":1652705222687,\"strCount\":3423,\"blocks\":[{\"type\":\"paragraph\",\"data\":{\"text\":\"The BSE Sensex surged 180.22 points or 0.34% to close at\\n52,973.84. During the day, it gained 634.66 points or 1.20% to 53,428.28. The\\nbroader NSE Nifty rose 60.15 points or 0.38% to close at 15,842.30, posting its\\nfirst gain in seven sessions. On the sectoral front, capital goods, auto,\\nrealty, power and PSU bank indices surged 1-3% while IT and <a href=\\\"https://opoyi.com/topics/fmcg/\\\">FMCG</a> stocks ended\\nlower.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/business/closing-bell-sensex-surges-180-points-nifty-closes-at-15842-100649/\\\">Closing Bell: Sensex surges 180 points, Nifty closes at 15,842</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Here are the key stocks that moved the most on May 16:\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"State Bank of India: The stock closed 2.55% to close at\\nRs 456.00 after the state-owned bank reported a 41% YoY rise in net profit at\\nRs 9,113.5 crore, which was below the street estimates of Rs 9,927.6 crore. The\\nnet profit was its highest ever. Morgan Stanley has kept an “overweight” rating\\nand cut the target price to Rs 580 from Rs 615 while Nomura has maintained a\\n“buy” rating on the stock with a target of Rs 615.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/business/acc-ambuja-stocks-surge-on-adani-holcim-deal-595723/\\\">ACC, Ambuja stocks surge on Adani-Holcim deal</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Eicher Motors: The share price surged 7.95% to close at\\nRs 2,626 after Eicher Motors on May 13 declared a consolidated profit after tax\\n(PAT) of Rs 610 crore for the quarter ended March 2022. Sequentially, the\\nprofit growth was 34% from Rs 456 crore in the previous quarter. The company\\nreported an 8.6% YoY growth in its consolidated revenue at Rs 3,193 crore from\\nRs 2,940 crore in the corresponding period of the previous year.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/business/mcdonalds-becomes-largest-western-firm-to-exit-russia-after-ukraine-invasion-298855/\\\">McDonald's becomes largest Western firm to exit Russia after Ukraine invasion</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"ACC Ltd and Ambuja Cements Ltd: Stocks of the cement\\ncompanies opened higher following Adani’s announcement on Sunday of acquiring\\nHolcim’s stake in the firms. <a href=\\\"https://opoyi.com/topics/acc/\\\">ACC</a> and Ambuja’s stocks closed 3.7% and 2.36%\\nhigher respectively, on the BSE.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/business/renault-formally-quits-russia-sells-229-billion-plant-to-city-of-moscow-154639/\\\">Renault formally quits Russia, sells $2.29 billion plant to city of Moscow</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Avenue Supermarts (DMart): The stock closed 10.35% higher\\nat Rs 3,565.00 after the company posted a 3% YoY rise in net profit. On a\\nsequential basis, the consolidated net profit declined 22% to Rs 427 crore for\\nthe March quarter of the financial year 2022. Revenue slipped 5% QoQ to Rs\\n8,787 crore from Rs 9,218 core. On the yearly basis, revenue rose 19%.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/world/europe-slashes-growth-forecast-projects-rising-inflation-amid-ukraine-war-589760/\\\">Europe slashes growth forecast, projects rising inflation amid Ukraine war</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Bank of Baroda: The stock gained 5.53% to close at Rs\\n100.25 as investors were impressed by the continuous improvement in the\\nlender’s asset quality in the March 2022 quarter. The bank reported gross\\nnon-performing assets (GNPA) ratio of 6.6% for the quarter as against 7.3% in\\nthe previous quarter despite new slippages rising to Rs 4,500 crore. The rise\\nin slippages at over 5% on year to Rs 3,776 crore weighed on net profit, which\\nwas below analysts’ expectations.\"}}]}

<ul>
 <li>State Bank of India stock closed 2.55% to close at Rs 456.00</li>
 <li>Share of Eicher Motors surged 7.95% to close at Rs 2,626</li>
 <li>Avenue Supermarts closed 10.35% higher at Rs 3,565.00</li>
</ul>

SBI, Eicher Motors, ACC and other stocks that moved most on May 16

FMCG

statebankofindia

California City, CA, USA

Tesla CEO Elon Musk on Monday struck a $44 billion deal to buy Twitter on Monday. News of the new owner has led to a lot of discussion about who will stay on (or return to) the social media app – now set to become a privately-held company by the end of this year. Elon Musk, who referred to himself as a free speech absolutist, calls for policies that might favour leaving up most tweets and some extremist accounts on the platform, bringing into question what the Tesla CEO's ownership will mean for previously suspended users. Also read: Elon Musk's Twitter takeover means early Christmas for Morgan Stanley,Former President Donald Trump, who Twitter permanently banned following the January 6 attack on the US Capitol, on Monday said that he would not return to the app, even with Musk as the new owner. Instead, he will formally join his own Truth Social app in the coming days. As of Monday, Fox News' Tucker Carlson and Mark Levin have returned to the app. Also read: Tucker Carlson, Mark Levin make Twitter comeback after Elon Musk's takeover,Musk's acquisition comes almost five months after founder and CEO Jack Dorsey stepped aside as CEO and named Parag Agrawal as his replacement. Both Dorsey and Agrawal have shared endorsements for Musk's takeover. In a tweet, Dorsey on Monday said, In principle, I don’t believe anyone should own or run Twitter. It wants to be a public good at a protocol level, not a company. Solving for the problem of it being a company however, Elon is the singular solution I trust. I trust his mission to extend the light of consciousness. Also read: What is Excession, the family office handling Elon Musk's Twitter takeover?,Here's a list of who are in and who are out after the Musk takeover. Who's returning to Twitter?,a. Tucker Carlson,Fox News' Tucker Carlson returned to Twitter hours after Elon Musk's deal was finalised. Carlson was suspended from Twitter in March, after violating the platform's rules for hateful content. As Musk's deal is not yet complete, it is unclear if Carlson's suspension ended because of the new owner. Also read: A look at Twitter's history with free speech amid Elon Musk's takeover,b. Mark Levin,Host of syndicated radio shows The Mark Levin Show and Life, Liberty & Levin on Fox News, Mark Levin also returned to Twitter on Monday – for the first time since January 2021. Levin was not banned from Twitter, but he suspended his own account in protest against Twitter's fascism. Thanks to new ownership, I’ve decided to come back! Levin tweeted on Monday. c. Azealia Banks,Twitter suspended Rapper Azealia Banks multiple times. In 2016, Banks was suspended following reported racist and homophobic tweets directed to Zayn Malik. She was also suspended in 2020 for a series of transphobic tweets. ,Also read: Elon Musk joke about buying Twitter in 2017 not funny anymore,Following Musk's acquisition, the rapper took to her Instagram Stories on Tuesday, writing, I actually *have* to thank Elon for buying twitter, I actually got back on..... She also detailed her experience being banned, calling Dorsey racist AF and writing about his plot to capitalise off the first Black Lives Matter movement. d. Rep. Marjorie Taylor Greene,Twitter permanently suspended Rep. Marjorie Taylor Greene's personal account in early January for repeated violations of the social media platform's COVID-19 misinformation policy. Also read: Tesla rival, Fisker CEO, quits Twitter after Elon Musk takeover,After Musk's deal was finalised on Monday, Greene used her Congressional account, which is still active, to share screenshots of the five tweets flagged for misinformation that lead to the banning of her personal account. Who's leaving Twitter?,Jameela Jamil,The Good Place actress, writer and activist Jameela Jamil wrote her last tweet on Monday. ,Also read: Will Parag Agrawal continue to head Twitter after Elon Musk takeover?,Ah [Musk] got twitter. I would like this to be my what lies here as my last tweet, Jamil tweeted. I fear this free speech bid is going to help this hell platform reach its final form of totally lawless hate, bigotry, and misogyny. Best of luck. Henry Fisker ,Henry Fisker, of Fisker Inc, Tesla's rival also left Twitter after news broke of Musk's acquisition. He remains active on platforms like Instagram. Fisker was accused of stealing confidential information from Tesla after he left the electric vehicle company, following a short stint there. He was slapped with the lawsuit upon deciding to come up with Karma - a hybrid sports car. Fisker won the case on arbitration.

{\"time\":1651055360203,\"strCount\":5658,\"blocks\":[{\"type\":\"paragraph\",\"data\":{\"text\":\"Tesla CEO Elon Musk on Monday struck a $44 billion deal to buy Twitter on Monday. News of the new owner has led to a lot of discussion about who will stay on (or return to) the social media app – now set to become a privately-held company by the end of this year.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Elon Musk, who referred to himself as a \\\"free speech absolutist,\\\" calls for policies that might favour leaving up most tweets and some extremist accounts on the platform, bringing into question what the Tesla CEO's ownership will mean for previously suspended users.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also read:&nbsp;<a href=\\\"https://opoyi.com/business/elon-musks-twitter-takeover-means-early-christmas-for-morgan-stanley-453277/\\\">Elon Musk's Twitter takeover means early Christmas for Morgan Stanley</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Former President Donald Trump, who Twitter permanently banned following the January 6 attack on the <a href=\\\"https://opoyi.com/topics/us/\\\">US</a> <a href=\\\"https://opoyi.com/topics/capitol/\\\">Capitol</a>, on Monday said that he would not return to the app, even with Musk as the new owner. Instead, he will formally join his own Truth Social app in the coming days.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"As of Monday, Fox News' Tucker Carlson and Mark Levin have returned to the app.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also read:&nbsp;<a href=\\\"https://opoyi.com/world/tucker-carlson-mark-levin-make-twitter-comeback-after-elon-musks-takeover-565580/\\\">Tucker Carlson, Mark Levin make Twitter comeback after Elon Musk's takeover</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Musk's acquisition comes almost five months after founder and CEO Jack Dorsey stepped aside as CEO and named Parag Agrawal as his replacement. Both Dorsey and Agrawal have shared endorsements for Musk's takeover.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"In a tweet, Dorsey on Monday said, \\\"In principle, I don’t believe anyone should own or run Twitter. It wants to be a public good at a protocol level, not a company. Solving for the problem of it being a company however, Elon is the singular solution I trust. I trust his mission to extend the light of consciousness.\\\"\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also read:&nbsp;<a href=\\\"https://opoyi.com/world/what-is-excession-the-family-office-handling-elon-musks-twitter-takeover-292103/\\\">What is Excession, the family office handling Elon Musk's Twitter takeover?</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Here's a list of who are in and who are out after the Musk takeover.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Who's returning to Twitter?\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"a. Tucker Carlson\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Fox News' Tucker Carlson returned to Twitter hours after Elon Musk's deal was finalised. Carlson was suspended from Twitter in March, after violating the platform's rules for hateful content.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"As Musk's deal is not yet complete, it is unclear if Carlson's suspension ended because of the new owner.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also read:&nbsp;<a href=\\\"https://opoyi.com/business/a-look-at-twitters-history-with-free-speech-amid-elon-musks-takeover-459594/\\\">A look at Twitter's history with free speech amid Elon Musk's takeover</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"b. Mark Levin\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Host of syndicated radio shows \\\"The Mark Levin Show\\\" and \\\"Life, Liberty &amp; Levin\\\" on Fox News, Mark Levin also returned to Twitter on Monday – for the first time since January 2021.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Levin was not banned from Twitter, but he suspended his own account \\\"in protest against Twitter's fascism.\\\"\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"\\\"Thanks to new ownership, I’ve decided to come back!\\\" Levin tweeted on Monday.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"c. Azealia Banks\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Twitter suspended Rapper Azealia Banks multiple times. In 2016, Banks was suspended following reported racist and homophobic tweets directed to Zayn Malik. She was also suspended in 2020 for a series of transphobic tweets.&nbsp;\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also read:&nbsp;<a href=\\\"https://opoyi.com/world/elon-musk-joke-about-buying-twitter-in-2017-not-funny-anymore-427267/\\\">Elon Musk joke about buying Twitter in 2017 not funny anymore</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Following Musk's acquisition, the rapper took to her Instagram Stories on Tuesday, writing, \\\"I actually *have* to thank Elon for buying twitter, I actually got back on.....\\\" She also detailed her experience being banned, calling Dorsey \\\"racist AF\\\" and writing about \\\"his plot to capitalise off the first Black Lives Matter movement.\\\"\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"d. Rep. Marjorie Taylor Greene\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Twitter permanently suspended Rep. Marjorie Taylor Greene's personal account in early January for repeated violations of the social media platform's COVID-19 misinformation policy.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also read:&nbsp;<a href=\\\"https://opoyi.com/world/tesla-rival-fisker-ceo-quits-twitter-after-elon-musk-takeover-137905/\\\">Tesla rival, Fisker CEO, quits Twitter after Elon Musk takeover</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"After Musk's deal was finalised on Monday, Greene used her Congressional account, which is still active, to share screenshots of the five tweets flagged for misinformation that lead to the banning of her personal account.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Who's leaving Twitter?\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Jameela Jamil\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"\\\"The Good Place\\\" actress, writer and activist Jameela Jamil wrote her \\\"last tweet\\\" on Monday.&nbsp;\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also read:&nbsp;<a href=\\\"https://opoyi.com/business/will-parag-agrawal-continue-to-head-twitter-after-elon-musk-takeover-667789/\\\">Will Parag Agrawal continue to head Twitter after Elon Musk takeover?</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"\\\"Ah [Musk] got twitter. I would like this to be my what lies here as my last tweet,\\\" Jamil tweeted. \\\"I fear this free speech bid is going to help this hell platform reach its final form of totally lawless hate, bigotry, and misogyny. Best of luck.\\\"\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Henry Fisker&nbsp;\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"<a href=\\\"https://opoyi.com/world/tesla-rival-fisker-ceo-quits-twitter-after-elon-musk-takeover-137905/\\\">Henry Fisker</a>, of Fisker Inc, Tesla's rival also left Twitter after news broke of Musk's acquisition. He remains active on platforms like Instagram.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Fisker was accused of stealing confidential information from Tesla after he left the electric vehicle company, following a short stint there. He was slapped with the lawsuit upon&nbsp;deciding to come up with Karma - a hybrid sports car. Fisker won the case on arbitration.\"}}]}

Ajay Joseph

<ul>
 <li>Musk's acquisition comes almost five months after founder and CEO Jack Dorsey stepped aside as CEO</li>
 <li>Both Dorsey and Agrawal have shared endorsements for Musk's takeover</li>
 <li>As of Monday, Fox News' Tucker Carlson and Mark Levin have returned to the app.</li>
</ul>

Elon Musk Twitter deal: Who's in, who's out since change of ownership

TuckerCarlson

JackDorsey

Banks

Capitol

TRUTHSocial

FoxNews

BlackLivesMatter

ZaynMalik

DonaldTrump

MarjorieTaylorGreene

Finance

Politics

New Delhi, Delhi, India

Prime Minister Narendra Modi is all set to travel to Germany, Denmark, and France between May 2-4, the Ministry of External Affairs said on Wednesday. PM Modi's visit, the first in 2022, will hold talks with German Chancellor Olaf Scholz and meet French President Emmanuel Macron. Also read: Tesla's valuation falls by $126 billion amid Elon Musk's Twitter takeover,PM Modi will pay an official visit to Germany, Denmark, and France from May 2-4. This will be the Prime Minister’s first visit abroad in 2022, the Ministry of External Affairs said. PM's Germany visit is expected to strengthen the relations between the two nations on strategic and economic matters. Also read: Does Elon Musk's Twitter need a board? Experts weigh in,Here's what to expect from PM Modi's Denmark, France, Germany visit:,In his visit to Germany, PM Modi and Scholz will co-chair the 6th edition of India-Germany Intergovernmental Consultations (IGC). In a statement, the MEA said that PM Modi will travel to Copenhagen at the invitation of Denmark PM Mette Frederiksen. Also read: Elon Musk explains his meaning of 'free speech' after Twitter takeover deal,In his Denmark visit, PM will meet the business leaders in that country and address members of the Indian community in Denmark. Also read: Elon Musk's Twitter takeover means early Christmas for Morgan Stanley,PM Modi will also participate in the 2nd India-Nordic Summit being hosted by Denmark. On his return journey on May 4, PM will briefly stopover in Paris and meet French President Emmanuel Macron, the statement said. Also read: Elon Musk's Twitter takeover means early Christmas for Morgan Stanley,It is reported that India and France are celebrating 75 years of diplomatic relations and PM Modi and Emanuel Macron, who was recently re-elected as the French President earlier this month, will set an ambitious agenda for strengthening the strategic partnership between India and France.

{\"time\":1651041493133,\"strCount\":2856,\"blocks\":[{\"type\":\"paragraph\",\"data\":{\"text\":\"Prime Minister Narendra Modi is all set to travel to <a href=\\\"https://opoyi.com/topics/germany/\\\">Germany</a>, <a href=\\\"https://opoyi.com/topics/denmark/\\\">Denmark</a>, and <a href=\\\"https://opoyi.com/topics/france/\\\">France</a> between May 2-4, the Ministry of External Affairs said on Wednesday.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"<a href=\\\"https://opoyi.com/topics/pm/\\\">PM</a> Modi's visit, the first in 2022, will hold talks with German Chancellor Olaf Scholz and meet <a href=\\\"https://opoyi.com/topics/french/\\\">French</a> President Emmanuel Macron.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also read:&nbsp;<a href=\\\"https://opoyi.com/science/teslas-valuation-falls-by-126-billion-amid-elon-musks-twitter-takeover-187106/\\\">Tesla's valuation falls by $126 billion amid Elon Musk's Twitter takeover</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"\\\"PM Modi will pay an official visit to Germany, Denmark, and France from May 2-4. This will be the Prime Minister’s first visit abroad in 2022,\\\" the Ministry of External Affairs said. PM's Germany visit is expected to strengthen the relations between the two nations on strategic and economic matters.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also read:&nbsp;<a href=\\\"https://opoyi.com/world/does-elon-musks-twitter-need-a-board-experts-weigh-in-243638/\\\">Does Elon Musk's Twitter need a board? Experts weigh in</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Here's what to expect from PM Modi's Denmark, France, Germany visit:\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"In his visit to Germany, PM Modi and Scholz will co-chair the 6th edition of India-Germany Intergovernmental Consultations (IGC). In a statement, the <a href=\\\"https://opoyi.com/topics/mea/\\\">MEA</a> said that PM Modi will travel to Copenhagen at the invitation of Denmark PM Mette Frederiksen.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also read:&nbsp;<a href=\\\"https://opoyi.com/world/elon-musk-explains-his-meaning-of-free-speech-after-twitter-takeover-deal-569340/\\\">Elon Musk explains his meaning of 'free speech' after Twitter takeover deal</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"In his Denmark visit, PM will meet the business leaders in that country and address members of the <a href=\\\"https://opoyi.com/topics/indian/\\\">Indian</a> community in Denmark.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also read:&nbsp;<a href=\\\"https://opoyi.com/business/elon-musks-twitter-takeover-means-early-christmas-for-morgan-stanley-453277/\\\">Elon Musk's Twitter takeover means early Christmas for Morgan Stanley</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"PM Modi will also participate in the 2nd India-Nordic Summit being hosted by Denmark. On his return journey on May 4, PM will briefly stopover in Paris and meet French President Emmanuel Macron, the statement said.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also read:&nbsp;<a href=\\\"https://opoyi.com/business/elon-musks-twitter-takeover-means-early-christmas-for-morgan-stanley-453277/\\\">Elon Musk's Twitter takeover means early Christmas for Morgan Stanley</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"It is reported that <a href=\\\"https://opoyi.com/india/\\\">India</a> and France are celebrating 75 years of diplomatic relations and PM Modi and Emanuel Macron, who was recently re-elected as the French President earlier this month, will set an ambitious agenda for strengthening the strategic partnership between India and France.\"}}]}

<ul>
 <li>PM Modi will also participate in the 2nd India-Nordic Summit being hosted by Denmark</li>
 <li>PM Modi will briefly stopover in Paris and meet French President Emmanuel Macron</li>
 <li>The MEA said that PM Modi will travel to Copenhagen</li>
</ul>

#MorganStanley