Amazon, Robinhood, Tesla, Delta Variant: 5 Things You Must Know Before the Market Opens Friday

The Street2021-07-30

Stock futures are mostly lower as surging cases of the Delta coronavirus variant clouds the growth outlook; Amazon shares fall; Robinhood shares slip again; Tesla could pay a settlement to some Model ...

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Comments

sohjx
2021-07-30
sohjx
Like
rsu
2021-07-30
rsu
Good info
OO_898
2021-07-30
OO_898
Nice
- Tslverde:
  Good?
Raymond杨
2021-07-30
Raymond杨
Nixceee
imsomeonelse
2021-07-30
imsomeonelse
Precarious times
- CokePepsi:
  Yes
Kaitosleepz
2021-07-30
Kaitosleepz
Take care in the market
- imsomeonelse:
  Yea

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Amazon shares fall; Robinhood shares slip again; Tesla could pay a settlement to some Model ...</p>\n\n<a href=\"https://www.thestreet.com/markets/5-things-you-must-know-before-market-opens-friday-073021\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CVX","symbol_name":"雪佛龙","start_time":0,"source_url":"https://www.thestreet.com/markets/5-things-you-must-know-before-market-opens-friday-073021","article_id":"1148143448","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1148143448","pubTimestamp":1627639149,"columns":[],"sourceInfo":{"source_id":"lsy1610613172068","name":"The Street"},"weMediaInfo":null,"summary":"Stock futures are mostly lower as surging cases of the Delta coronavirus variant clouds the growth o","collect":0,"end_time":0,"defaultTopTitle":"thestreet.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"CVX":"雪佛龙","CL":"高露洁","CAT":"卡特彼勒","TSLA":"特斯拉","PG":"宝洁","ABBV":"艾伯维公司","AMZN":"亚马逊","XOM":"埃克森美孚","HOOD":"Robinhood"},"translate_title":"亚马逊、罗宾汉、特斯拉、三角洲变体：周五开市前你必须知道的5件事","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ABBV":0.9,"AMZN":0.9,"CAT":0.9,"CL":0.9,"CVX":0.9,"HOOD":0.9,"PG":0.9,"TSLA":0.9,"XOM":0.9},"content_text":"Stock futures are mostly lower as surging cases of the Delta coronavirus variant clouds the growth outlook; Amazon shares fall; Robinhood shares slip again; Tesla could pay a settlement to some Model S owners over battery throttling.\nHere are five things you must know for Friday, July 30:\n1. Stock Futures Fall as Delta Coronavirus Variant Weighs on Outlook\nStock futures were mostly lower Friday as investors weighed the prospect of still-solid economic growth against the prospect of the Delta variant of COVID-19 putting a dent in the final half of the year.\nContracts linked to the Dow Jones Industrial Average were down 88 points, S&P 500 futures were down 27 points and Nasdaq futures were down 166 points.\nThe yield on the benchmark 10-year Treasury was down 0.27% Friday to 1.247%.\nThe Commerce Department reported Thursday that gross domestic product, a measure of all goods and services produced during the April-to-June period, grew 6.5% on an annualized basis, below the forecast of 8.4%.\nWhile investors took that as a positive sign the economy is recovering from its pandemic-induced slump, an internal document from the U.S. Centers for Disease Control and Prevention has suggested the Delta coronavirus variant surging across the U.S. appears to cause more severe illness and spread as easily as chickenpox.\nThe CDC is also scheduled to publish data Friday that will back the CDC's controversial decision this weekto change guidance for fully vaccinated peopleto wear masks indoors in places where transmission of the virus is sustained or high.\n2. Amazon Stock Falls After Revenue Miss and Lower Forecast\nAmazon.com shares traded lower Friday after the online retail giant posted stronger-than-expected second quarter earnings after the closing bell Thursday but revenue numbers that fell shy of Wall Street forecasts.\nAmazon posted earnings of $15.12 a share, 46% higher than the $10.30 a share it earned a year ago and ahead of FactSet consensus forecasts of $12.30 a share.\nRevenue came in at $113.1 billion, up 27% from a year ago but still below analysts' estimates of $115.2 billion. Operating expenses were up 26.9% at $105.4 million.\nFor the current quarter, Amazon said it sees operating income of between $3.5 billion and $6 billion on revenue of between $106 billion and $112 billion. Analysts polled by FactSet are currently expecting revenue of $119.3 billion.\nAmazon shares were down 6.28% at $3,374 in premarket trading.\n3. Friday's Calendar: Exxon and Chevron Earnings\nEarnings reports are expected Friday from Procter & Gamble, Exxon Mobil, Chevron, AbbVie, Caterpillar and Colgate-Palmolive.\nThe economic calendar in the U.S. Friday includes Personal Income and Outlays for June at 8:30 a.m. ET, Chicago PMI for July at 9:45 a.m. and Consumer Sentiment for July at 10 a.m.\n4. Robinhood Stock Falls in Second Day of Trading\nRobinhood Markets, Inc. shares traded lower in premarket trading Friday after finishing its first trading day as a public company on Thursday down more than 8%.\nRobinhood sold 55 million shares at $38 each, thelower end of its $38 to $42 targetlate Wednesday, raising $2.1 billion and valuing the popular online trading app at around $31.8 billion.\nAfter opening at $38 Thursday, Robinhood shares fell as much as 11% before rebounding to finish off $3.18, or 8.4%, at $34.82.\nRobinhood CEO Vlad Tenev spoke sat down with TheStreet's Jim Cramer for his\"Know Your IPO\" segment Thursday, telling him that despite opening-day losses he is building a long-term business and isn't worried about first-day performance.\nTenev said that Robinhood's mission has always been the democratization of finance, whether that be with commission-free trading of stocks, fractional shares, cryptocurrencies or access to the IPO markets.\nRobinhood now has nearly 22 million active daily users. The platform has become synonymous with so-called meme-stock investors who look to collectively build momentum in shares of companies that may or may not have strong earnings potential.\n5. Tesla Owners Could Get $625 in Class-Action Battery Throttling Settlement\nTesla Motors shares traded lower on Friday after reports that some Tesla owners could get $625 each to settle claims that an over-the-air update pushed to their Model S electric sedans in May 2019 reduced their battery’s charging speed.\nThe proposed settlement would have Tesla paying $1.5 million into a fund that would pay owners for temporary reductions in battery charging speed, maximum capacity and range, according to documents filed with a U.S. District Court in San Francisco and obtained by CNBC.\nSome 1,743 Tesla Model S owners were impacted by the software update, according to the filings. Reutersfirst reported on the new filings in the class action, David Rasmussen v. Tesla Inc.\nShares of Tesla were down 1.23% at $669 in premarket trading on 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times","listText":"Precarious times","text":"Precarious times","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/806162989","repostId":1148143448,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5379066,"gmtCreate":1627643165159,"gmtModify":1663231716227,"authorId":3578562735972428,"author":{"id":3578562735972428,"idStr":"3578562735972428","authorId":3578562735972428,"name":"CokePepsi","avatar":"https://community-static.tradeup.com/news/bd6ff01c131455d665669a98e034ffce","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":806162989,"type":1,"supId":0,"prevId":0,"content":"Yes","text":"Yes","html":"Yes"}],"langContent":"EN"},{"id":806184925,"gmtCreate":1627641599167,"gmtModify":1703493906917,"author":{"id":"3586843101337322","authorId":"3586843101337322","name":"Kaitosleepz","avatar":"https://static.tigerbbs.com/edbb723846215b2bfb6755295f9867cb","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3586843101337322","authorIdStr":"3586843101337322"},"htmlText":"Take care in the market","listText":"Take care in the market","text":"Take care in the 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