Tesla and Bitcoin, Activision, AT&T, Chembio - 5 Things You Must Know Thursday

The Street2021-07-22

Stock futures rise amid optimism over earnings and recovery prospects; AT&T, Intel and Twitter report earnings; Bitcoin gets a boost from Tesla's Elon Musk; Activision is sued for 'frat boy' culture. ...

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Comments

Ellora
2021-07-22
Ellora
[開心] [開心]
Gee1
2021-07-22
Gee1
go all the way
Alcho
2021-07-22
Alcho
Interesting news day
- DesiCXY:
  Indeed
CK_____
2021-07-22
CK_____
Let’s go ??
LokeET
2021-07-22
LokeET
Ok
LokeET
2021-07-22
LokeET
Ok

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AT&T, Intel and Twitter report earnings; Bitcoin gets a boost from Tesla's Elon Musk; Activision is sued for 'frat boy' culture.\n...</p>\n\n<a href=\"https://www.thestreet.com/markets/5-things-you-must-know-before-market-opens-thursday-072221?puc=yahoo&cm_ven=YAHOO\">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":"SNAP","symbol_name":"Snap Inc","start_time":0,"source_url":"https://www.thestreet.com/markets/5-things-you-must-know-before-market-opens-thursday-072221?puc=yahoo&cm_ven=YAHOO","article_id":"1171657297","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1171657297","pubTimestamp":1626950357,"sourceInfo":{"source_id":"lsy1610613172068","name":"The Street"},"weMediaInfo":null,"summary":"Stock futures rise amid optimism over earnings and recovery prospects; AT&T, Intel and Twitter repor","collect":0,"end_time":0,"defaultTopTitle":"thestreet.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SNAP":"Snap Inc","INTC":"英特尔","FCX":"麦克莫兰铜金","AAL":"美国航空","CEMI":"Chembio Diagnostics","DOW":"陶氏化学","T":"美国电话电报","BIIB":"渤健公司","ABT":"雅培","TWTR":"Twitter","LUV":"西南航空","ATVI":"动视暴雪","UNP":"联合太平洋","TSLA":"特斯拉"},"translate_title":"特斯拉和比特币、动视、AT&T、Chembio--周四你必须知道的5件事","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AAL":0.9,"ABT":0.9,"ATVI":0.9,"BIIB":0.9,"CEMI":0.9,"DOW":0.9,"FCX":0.9,"INTC":0.9,"LUV":0.9,"SNAP":0.9,"T":0.9,"TSLA":0.9,"TWTR":0.9,"UNP":0.9},"content_text":"Stock futures rise amid optimism over earnings and recovery prospects; AT&T, Intel and Twitter report earnings; Bitcoin gets a boost from Tesla's Elon Musk; Activision is sued for 'frat boy' culture.\n\n JOSEPH WOELFEL\n\n\nHere are five things you must know for Thursday, July 22:\n1. Stock Futures Rise on Earnings Optimism\nStock futures were rising modestly Thursday as optimism about earnings and the economic recovery outweighed Wall Street's concerns about rising inflation and surging coronavirus cases.\nContracts linked to the Dow Jones Industrial Average rose 84 points, S&P 500 futures were up 8 points and Nasdaq futures gained 26 points.\nThe yield on the benchmark 10-year Treasury rose early Thursday to 1.287%. Yields dropped below 1.2% earlier this week as traders pared bets on any near-term moves on interest rates from the Federal Reserve.\n“The delta variant of [COVID-19] remains an ever-present downside risk for the markets in the near-term,” said Craig Erlam ofOanda, “but as long as inflation remains only a temporary problem, it also keeps central bank hawks at bay.”\nPresident Joe Biden, at a town hall in Cincinnati hosted by CNN, said Wednesday night \"there will be near-term inflation\" as the economy recovers but said he has been advised by his economic team that current price increases won't last as demand returns to normal levels.\nStocks finished higher on Wednesday as investors were encouraged by solid earnings reports. About 86% of the companies in the S&P 500 that already have reported earnings have topped analysts' expectations, according to Bloomberg.\nRallies on Wall Street both Tuesday and Wednesday recouped the losses from Monday's steep selloff.\n2. Thursday's Calendar: Intel, AT&T and Twitter Earnings\nEarnings reports are expected Thursday from Intel, Abbott Laboratories, AT&T Inc, Union Pacific, Snap Inc, Twitter, Biogen, Freeport-McMoRan, Dow Chemical, Southwest Airlines and American Airlines.\nThe economic calendar in the U.S. Thursday includes weekly Jobless Claims at 8:30 a.m. ET and Existing Home Sales for June at 10 a.m.\n3. Bitcoin Gets Boost From Musk, Wood and Dorsey\nBitcoin rose to near $32,000, led higher by positive comments about the world's largest cryptocurrency from Elon Musk, Jack Dorsey and Cathie Wood.\nMusk, CEO of Tesla Motors, said theelectric vehicle company might soon again accept Bitcoin for vehicle purchases.\n“It looks like Bitcoin is shifting a lot more toward renewables and a bunch of the heavy-duty coal plants that were being used ... have been shut down, especially in China,” said Musk at a Bitcoin conference.\n“I want to do a little more due diligence to confirm that the percentage of renewable energy usage is most likely at or above 50% and that there is a trend toward increasing that number. If so, Tesla will most likely resume accepting bitcoin,” he said.\nARK Invest's Wood said companies should consider adding Bitcoin to their balance sheets.\nBitcoin rose 3.11% on Thursday to $31,834. It has gained more than 10.43% year to date.\n4. Activision Is Sued for 'Frat Boy' Culture, Harassment\nActivision Blizzard, the maker of video games such as “Call of Duty” and “World of Warcraft,” was accused in a lawsuit of fostering a “frat boy” culture, including years-long harassment and sexual bias against female employees.\nThe lawsuit was filed by the California Department of Fair Employment and Housing.\nFemale employees make up about 20% of the Activision workforce. They are subjected to \"cube crawls\" in which male employees \"drink copious [amounts] of alcohol as they ‘crawl’ their way through various cubicles in the office and often engage in inappropriate behavior toward female employees,\" the complaint said.\nThe lawsuit also alleged that female employees were paid and promoted less than their male coworkers.\n“We value diversity and strive to foster a workplace that offers inclusivity for everyone. There is no place in our company or industry, or any industry, for sexual misconduct or harassment of any kind,” said a statement from Activision Blizzard. “We take every allegation seriously and investigate all claims. In cases related to misconduct, action was taken to address the issue,”\n“The DFEH includes distorted, and in many cases false, descriptions of Blizzard’s past,\" the company added.\nThe stock fell slightly in premarket trading.\n5. Chembio Diagnostics Extends Sharp Gains\nChembio Diagnostics extended sharp gains in premarket trading Thursday after the medical diagnostics company received a $28.3 million purchase orderfrom Bio-Manguinhos for SARS-CoV-2 antigen tests in Brazil.\nThe test is designed to detect the COVID-19 pathogen in only 20 minutes using a \"minimally invasive\" nasal swab.\nChembio shares rose 7.3% to $5.73 in premarket trading. The stock soared more than 159% on Wednesday to close at $5.34.\nInvestors on StockTwits were cheering the surge in Chembio shares. \"With this much volume I am thinking we hit high 7s before any dip!!!!! LETS GO!\" said one commenter.","kind":null,"is_publish_news":false,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":172696123,"gmtCreate":1626957207262,"gmtModify":1703481294944,"author":{"id":"3576910253324626","authorId":"3576910253324626","name":"Ellora","avatar":"https://static.tigerbbs.com/8efc8e79a51bc935fef2992697f4f459","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"[開心]&nbsp;[開心]&nbsp;","listText":"[開心]&nbsp;[開心]&nbsp;","text":"[開心] [開心]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/172696123","repostId":1171657297,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":172608577,"gmtCreate":1626956401799,"gmtModify":1703481278201,"author":{"id":"3555136548043615","authorId":"3555136548043615","name":"Gee1","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":4,"crmLevelSwitch":0},"htmlText":"go all the way","listText":"go all the way","text":"go all the way","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/172608577","repostId":1171657297,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":172601563,"gmtCreate":1626956313252,"gmtModify":1703481276574,"author":{"id":"3581990920578239","authorId":"3581990920578239","name":"Alcho","avatar":"https://static.tigerbbs.com/90bad54a9b19df41debe9685499e912a","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":0},"htmlText":"Interesting news day&nbsp;","listText":"Interesting news day&nbsp;","text":"Interesting news day","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/172601563","repostId":1171657297,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5294106,"gmtCreate":1626957108622,"gmtModify":1663231324342,"authorId":3586338766082032,"author":{"id":3586338766082032,"authorId":3586338766082032,"name":"DesiCXY","avatar":"https://static.tigerbbs.com/b115bd05d85efc60bff42c9873264224","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":172601563,"type":1,"supId":0,"prevId":0,"content":"Indeed","text":"Indeed","html":"Indeed"}],"langContent":"EN"},{"id":172609215,"gmtCreate":1626956187937,"gmtModify":1703481273155,"author":{"id":"3559170329776041","authorId":"3559170329776041","name":"CK_____","avatar":"https://static.tigerbbs.com/ed4e952af325fd323a163bba107b7004","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Let’s go ??","listText":"Let’s go ??","text":"Let’s go ??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/172609215","repostId":1171657297,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":172874210,"gmtCreate":1626956008030,"gmtModify":1703481268598,"author":{"id":"4087817924211700","authorId":"4087817924211700","name":"LokeET","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/172874210","repostId":1171657297,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":172874636,"gmtCreate":1626956001325,"gmtModify":1703481268436,"author":{"id":"4087817924211700","authorId":"4087817924211700","name":"LokeET","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/172874636","repostId":1171657297,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":165,"commentSize":18,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; 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