Wall Street Set to Open Flat Friday as Investors Eye Earnings Reports, FOMC Member Speeches

MT Newswires Live07-19

Wall Street Set to Open Flat Friday as Investors Eye Earnings Reports, FOMC Member Speeches US stocks look set to open flat in Friday's trading session as investors take in a raft of earnings reports ...

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The latest U.S. Baker Hughes Rig count, a key gauge of the oil drilling industry, will be released Friday afternoon.In other world markets, Japan's Nikkei was off 0.2%, Hong Kong's Hang Seng tumbled 2.0%, and China's Shanghai Composite was up 0.2%. Meanwhile in Europe's early afternoon session, the UK's FTSE 100 was off 0.5%, while Germany's DAX 30 was off 0.6% and France's CAC 40 was down 0.4%.In equities, shares of Augmedix (AUGX) soared more than 148% in Friday's premarket session after the company said it has agreed to be acquired by Commure in an all-cash deal valued at $139 million. 60 Degrees Pharmaceuticals' (SXTP) shares jumped 85% after it said it has signed clinical trial agreements for its study of tafenoquine to treat patients with babesiosis. Serve Robotics (SERV) shares jumped 67%, adding to Thursday's 12% gain. Shares of Hawaiian Electric Industries (HE) surged 45% after Bloomberg reported Thursday that the electric services company was among a group of firms that reached a tentative deal to settle lawsuits over last year's wildfires in Maui. And XWEL (XWEL) shares climbed 3% after a modest gain the previous session.On the losing side, shares of Silo Pharma (SILO) plunged 25% after it said Friday that it launched a registered direct offering at $2.75 per share. Nauticus Robotics' (KITT) shares tumbled 21% after it said late Thursday that it will proceed with a 1-for-36 reverse stock split. Shares of Woodward (WWD) shed 0.2% following a modest loss on Thursday. Scholastic's (SCHL) shares fell 14% after it reported late Thursday lower fiscal Q4 adjusted earnings and revenue. And shares of CrowdStrike (CRWD) dropped 12% following media reports that the cybersecurity firm suffered a major outage resulting from an issue with its latest update.","kind":null,"is_publish_news":false,"is_publish_highlight":false,"is_publish_live":true,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2452476547"}