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08-07

$NVIDIA Corp(NVDA)$

08-06

$NVIDIA Corp(NVDA)$

08-06

$NVIDIA Corp(NVDA)$

08-06

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News Highlights: Top Global Markets News of the Day - Tuesday at 9 AM ET

08-06

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08-05

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Pre-Bell｜Nasdaq Futures and Dow Jones Futures Tumbled Over 900 points As Recession Fears Spook Investors; Nvidia Plunged 13%

08-05

$Straits Times Index(STI.SI)$

08-05

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Few investors saw the shift coming, and many are puzzled by what is behind it. \n</p>\n<pre>\n \nWall Street Takes a Back Seat With Trump's Elevation of Vance \n \n</pre>\n<p>\n  Influence of financiers could wane in a new Trump administration after Sen. JD Vance of Ohio landed the vice-presidential candidate slot. \n</p>\n<pre>\n \nChips and Taiwan Are a New Cloud for Tech Earnings \n \n</pre>\n<p>\n  Security for Taiwan is vital to the chip industry-and to all the tech companies that use those chips \n</p>\n<pre>\n \n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 23, 2024 09:00 ET (13:00 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>News Highlights: Top Global Markets News of the Day - Tuesday at 9 AM ET</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNews Highlights: Top Global Markets News of the Day - Tuesday at 9 AM ET\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-07-23 21:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \nNasdaq Futures Edge Lower Amid Earnings Flurry \n \n</pre>\n<p>\n  Stock futures were little changed on a heavy earnings day and ahead of June home sales. \n</p>\n<pre>\n \nBank of Canada Looks Set to Deliver Back-to-Back Rate Cuts \n \n</pre>\n<p>\n  The Bank of Canada is widely expected to follow up its June interest-rate cut with another on Wednesday, and embark on a series of reductions to address moribund consumption and a rapidly weakening labor market. \n</p>\n<pre>\n \nU.S. Importers Are Rushing Goods in Early Ahead of Shipping Disruptions \n \n</pre>\n<p>\n  The strategy comes as freight rates are rising and new tariffs are set to hit some goods from China. \n</p>\n<pre>\n \nChina's Long Blueprint for Economy Falls Short on Details, Raising Concerns \n \n</pre>\n<p>\n  The leadership in Beijing signaled commitment to near-term growth, but questions on entrenched debt and property problems remain. \n</p>\n<pre>\n \nFrozen $10 Billion Gas Project on Texas Gulf Coast Finds a Way to Move Forward \n \n</pre>\n<p>\n  Bankrupt energy contractor Zachry Holdings and the owner of a natural gas project in Texas have reached a global settlement over their disputes, allowing the stalled $10 billion project to move forward. \n</p>\n<pre>\n \nUkraine Secures Financial Reprieve, Agrees to $20 Billion Debt Restructuring \n \n</pre>\n<p>\n  The deal with private-sector creditors could save the war-torn country more than $11 billion over three years. \n</p>\n<pre>\n \nChina's Rate Cuts Welcomed, But More Still Needs to Be Done \n \n</pre>\n<p>\n  The Chinese central bank has answered calls to help boost the economy with a flurry of rate cuts, but it may be fiscal policy that needs to come to the rescue. \n</p>\n<pre>\n \nA Stock-Market Rotation of Historic Proportions Is Taking Shape \n \n</pre>\n<p>\n  The stock market has suddenly turned upside down. Few investors saw the shift coming, and many are puzzled by what is behind it. \n</p>\n<pre>\n \nWall Street Takes a Back Seat With Trump's Elevation of Vance \n \n</pre>\n<p>\n  Influence of financiers could wane in a new Trump administration after Sen. JD Vance of Ohio landed the vice-presidential candidate slot. \n</p>\n<pre>\n \nChips and Taiwan Are a New Cloud for Tech Earnings \n \n</pre>\n<p>\n  Security for Taiwan is vital to the chip industry-and to all the tech companies that use those chips \n</p>\n<pre>\n \n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 23, 2024 09:00 ET (13:00 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ET":"Energy Transfer LP","AM":"Antero Midstream Corporation","BK4585":"ETF&股票定投概念","BK4561":"索罗斯持仓","BK4581":"高盛持仓","BK4588":"碎股","BK4590":"PTP","BK4144":"石油与天然气的储存和运输"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2453103100","content_text":"Nasdaq Futures Edge Lower Amid Earnings Flurry \n \n\n\n  Stock futures were little changed on a heavy earnings day and ahead of June home sales. \n\n\n \nBank of Canada Looks Set to Deliver Back-to-Back Rate Cuts \n \n\n\n  The Bank of Canada is widely expected to follow up its June interest-rate cut with another on Wednesday, and embark on a series of reductions to address moribund consumption and a rapidly weakening labor market. \n\n\n \nU.S. Importers Are Rushing Goods in Early Ahead of Shipping Disruptions \n \n\n\n  The strategy comes as freight rates are rising and new tariffs are set to hit some goods from China. \n\n\n \nChina's Long Blueprint for Economy Falls Short on Details, Raising Concerns \n \n\n\n  The leadership in Beijing signaled commitment to near-term growth, but questions on entrenched debt and property problems remain. \n\n\n \nFrozen $10 Billion Gas Project on Texas Gulf Coast Finds a Way to Move Forward \n \n\n\n  Bankrupt energy contractor Zachry Holdings and the owner of a natural gas project in Texas have reached a global settlement over their disputes, allowing the stalled $10 billion project to move forward. \n\n\n \nUkraine Secures Financial Reprieve, Agrees to $20 Billion Debt Restructuring \n \n\n\n  The deal with private-sector creditors could save the war-torn country more than $11 billion over three years. \n\n\n \nChina's Rate Cuts Welcomed, But More Still Needs to Be Done \n \n\n\n  The Chinese central bank has answered calls to help boost the economy with a flurry of rate cuts, but it may be fiscal policy that needs to come to the rescue. \n\n\n \nA Stock-Market Rotation of Historic Proportions Is Taking Shape \n \n\n\n  The stock market has suddenly turned upside down. Few investors saw the shift coming, and many are puzzled by what is behind it. \n\n\n \nWall Street Takes a Back Seat With Trump's Elevation of Vance \n \n\n\n  Influence of financiers could wane in a new Trump administration after Sen. JD Vance of Ohio landed the vice-presidential candidate slot. \n\n\n \nChips and Taiwan Are a New Cloud for Tech Earnings \n \n\n\n  Security for Taiwan is vital to the chip industry-and to all the tech companies that use those chips \n\n\n \n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 23, 2024 09:00 ET (13:00 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":51,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":335238048305288,"gmtCreate":1722875190593,"gmtModify":1722875442360,"author":{"id":"4185865068032892","authorId":"4185865068032892","name":"job casim","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4185865068032892","authorIdStr":"4185865068032892"},"themes":[],"title":"Star Contributors","htmlText":"Find out more here:<a href=\"https://tigr.link/9yqXqj\">Star Contributors</a>","listText":"Find out more here:<a href=\"https://tigr.link/9yqXqj\">Star Contributors</a>","text":"Find out more here:Star Contributors","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/335238048305288","isVote":1,"tweetType":1,"viewCount":180,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":335178591625400,"gmtCreate":1722860554302,"gmtModify":1722866532841,"author":{"id":"4185865068032892","authorId":"4185865068032892","name":"job casim","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4185865068032892","authorIdStr":"4185865068032892"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/335178591625400","repostId":"1127736797","repostType":2,"repost":{"id":"1127736797","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1722859268,"share":"https://ttm.financial/m/news/1127736797?lang=&edition=fundamental","pubTime":"2024-08-05 20:01","market":"us","language":"en","title":"Pre-Bell｜Nasdaq Futures and Dow Jones Futures Tumbled Over 900 points As Recession Fears Spook Investors; Nvidia Plunged 13%","url":"https://stock-news.laohu8.com/highlight/detail?id=1127736797","media":"Tiger Newspress","summary":"U.S. stock index futures tumbled on Monday, with those tied to the Nasdaq sliding almost 5%, as fears of the United States tipping into recession following weak data last week rippled through global m","content":"<html><head></head><body><p>U.S. stock index futures tumbled on Monday, with those tied to the Nasdaq sliding almost 5%, as fears of the United States tipping into recession following weak data last week rippled through global markets.</p><h2 id=\"id_727646980\">Market Snapshot</h2><p>At 08:00 a.m. ET, Dow E-minis were down 919 points, or 2.3%, S&amp;P 500 E-minis were down 182.75 points, or 3.4% and Nasdaq 100 E-minis were down 914 points, or 4.93%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/560a7987bce1d603cde1093c756b511f\" title=\"\" tg-width=\"297\" tg-height=\"131\"/></p><h2 id=\"id_4262469929\">Pre-Market Movers</h2><p><strong>Nvidia</strong> was down 13% in premarket trading, swept up in the worldwide selloff of tech shares and after a report over the weekend that saidone of the company’s next generation chips will be delayed by a just-discovered design flaw. The Information, citing industry sources, said volume shipments of the Blackwell B200 chip, the next-generation of Nvidia’s artificial-intelligence acceleration chips, would be delayed about three months. Blackwell volumes were expected to begin in October.</p><p style=\"text-align: start;\">Fellow chip stocks were tumbling amid the selloff. U.S.-listed shares of Taiwan Semiconductor Manufacturing<strong> </strong>fell 8.5%, Broadcom was down 7.4%, Advanced Micro Devices declined 4.3%, and Qualcomm dropped 5.5%.</p><p style=\"text-align: start;\">Japanese stocks traded in the U.S. fell sharply. <strong>Sumitomo Mitsui Financial Group</strong> was down 9.1%, after tumbling 16% in Tokyo.Toyota was down 6.4% in premarket trading and Honda fell 7.2%.</p><p><strong>Berkshire Hathaway</strong>’s Class B shares were down 4.6% after Warren Buffett’s conglomerate disclosed in its 10-Q report that itslashed its big stakein Apple by nearly 50% in the second quarter. Berkshire now holds about 2.6% of the iPhone maker and the stake was worth about $88 billion based on Apple’s closing price Friday of $219.86.Berkshire Hathaway also said its after-tax operating profit rose 15% in the second quarter to $11.6 billion, a quarterly record, and its total cash levels surged to a record $277 billion on June 30, up from $189 billion on March 31, largely reflecting sales of Apple. Apple stock was sinking 6.8% in premarket trading.</p><p style=\"text-align: start;\"><strong>Intel</strong> stock closed Friday with a loss of 26%, its worst drop in 50 years, after thechip maker said it would be cutting 15,000 jobs, would suspend its dividend, and issued a disappointing outlook. Intel said it expects third-quarter revenue of $12.5 billion to $13.5 billion, well below analysts’ estimates of $14.4 billion. The midpoint of the forecast implies an 8% decline in revenue from a year earlier. Intel stock was falling further in premarket trading, down 5.7%.</p><p style=\"text-align: start;\"><strong>Coinbase Global</strong> fell 15% and MicroStrategy was down 17% as the cryptocurrency-linked stocks followed Bitcoin lower.The world’s largest cryptodeclined 15% to under $52,000, mirroring the decline in stocks.</p><p style=\"text-align: start;\"><strong>Kellanova</strong> was rising 22% after The Wall Street Journal, citing people familiar with the matter, reported candy company Mars Inc. was inadvanced talks to acquire the snacks maker. Including a typical deal premium, a deal could valueKellanova at around $30 billion and rank among the biggest transactions so far this year, according to the Journal. Kellanova was spun off from Kellogg last year.</p><p style=\"text-align: start;\"><strong>AMC Entertainment</strong> was down 9.3% in premarket trading after the movie-theater chain late Friday reported anadjusted second-quarter lossand revenue of $1.03 billion that matched estimates. “As expected, the second quarter started slowly with the box office adversely impacted by the 2023 Hollywood writers and actors strikes,” said AMC CEO Adam Aron. “However, the quarter finished with incredible strength powered by the success of Disney’s<em>Inside Out 2</em>, which is now the highest grossing animated movie of all time.”</p><p style=\"text-align: start;\"><strong>Amazon.com</strong> fell 6.5% in premarket trading. Shares of the tech giant and online retailer fell 8.8% on Friday afterAmazon’s second-quarter revenue growthmissed Wall Street expectations. The drop was the stock’s largest daily percentage decrease since April 29, 2022, when it fell 14.05%, according to Dow Jones Market Data.</p><p><strong>Palantir</strong> was down 12% ahead of its second-quarter earnings report scheduled for after the closing bell Monday.</p><h2 id=\"id_1288056626\">Market News</h2><p><strong>Tyson Foods tops quarterly estimates as demand rebounds, costs begin to fall</strong></p><p>Tyson Foods surpassed Wall Street expectations for third-quarter revenue and profit on Monday, indicating that demand was rebounding for its meat products, while lower grain prices reduced costs for animal feed.</p><p>After sales declined in 2023, Tyson Foods is now starting to see some of its customers return to stores to purchase its products as higher costs of dining out push people to cook more meals at home.</p><p>The U.S. meat packer&#39;s net sales rose 1.6% to $13.35 billion in the quarter, compared with analysts&#39; estimates of $13.24 billion. It continues to expect full-year revenue to be flat compared to fiscal 2023.</p><p><strong>BioNTech counts on shift to cancer drugs after second quarter losses quadruple</strong></p><p>Losses at German drugmaker BioNTech quadrupled in the second quarter from a year earlier, the company said on Monday, as it banks on a strategy shift towards new cancer treatments following a sharp drop-off in sales of its COVID-19 vaccine.</p><p>BioNTech reported a second-quarter net loss of 807.8 million euros ($885 million), versus a loss of 190.4 million a year earlier.</p><p>The company also saw a 23% drop in quarterly revenue to 128.7 million euros, mainly due to lower sales of its COVID-19 vaccines, whose development in partnership with U.S. partner Pfizer and wide use during the pandemic made the small German biotech firm a household name.</p><p></p><p></p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pre-Bell｜Nasdaq Futures and Dow Jones Futures Tumbled Over 900 points As Recession Fears Spook Investors; Nvidia Plunged 13%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPre-Bell｜Nasdaq Futures and Dow Jones Futures Tumbled Over 900 points As Recession Fears Spook Investors; Nvidia Plunged 13%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-08-05 20:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock index futures tumbled on Monday, with those tied to the Nasdaq sliding almost 5%, as fears of the United States tipping into recession following weak data last week rippled through global markets.</p><h2 id=\"id_727646980\">Market Snapshot</h2><p>At 08:00 a.m. ET, Dow E-minis were down 919 points, or 2.3%, S&amp;P 500 E-minis were down 182.75 points, or 3.4% and Nasdaq 100 E-minis were down 914 points, or 4.93%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/560a7987bce1d603cde1093c756b511f\" title=\"\" tg-width=\"297\" tg-height=\"131\"/></p><h2 id=\"id_4262469929\">Pre-Market Movers</h2><p><strong>Nvidia</strong> was down 13% in premarket trading, swept up in the worldwide selloff of tech shares and after a report over the weekend that saidone of the company’s next generation chips will be delayed by a just-discovered design flaw. The Information, citing industry sources, said volume shipments of the Blackwell B200 chip, the next-generation of Nvidia’s artificial-intelligence acceleration chips, would be delayed about three months. Blackwell volumes were expected to begin in October.</p><p style=\"text-align: start;\">Fellow chip stocks were tumbling amid the selloff. U.S.-listed shares of Taiwan Semiconductor Manufacturing<strong> </strong>fell 8.5%, Broadcom was down 7.4%, Advanced Micro Devices declined 4.3%, and Qualcomm dropped 5.5%.</p><p style=\"text-align: start;\">Japanese stocks traded in the U.S. fell sharply. <strong>Sumitomo Mitsui Financial Group</strong> was down 9.1%, after tumbling 16% in Tokyo.Toyota was down 6.4% in premarket trading and Honda fell 7.2%.</p><p><strong>Berkshire Hathaway</strong>’s Class B shares were down 4.6% after Warren Buffett’s conglomerate disclosed in its 10-Q report that itslashed its big stakein Apple by nearly 50% in the second quarter. Berkshire now holds about 2.6% of the iPhone maker and the stake was worth about $88 billion based on Apple’s closing price Friday of $219.86.Berkshire Hathaway also said its after-tax operating profit rose 15% in the second quarter to $11.6 billion, a quarterly record, and its total cash levels surged to a record $277 billion on June 30, up from $189 billion on March 31, largely reflecting sales of Apple. Apple stock was sinking 6.8% in premarket trading.</p><p style=\"text-align: start;\"><strong>Intel</strong> stock closed Friday with a loss of 26%, its worst drop in 50 years, after thechip maker said it would be cutting 15,000 jobs, would suspend its dividend, and issued a disappointing outlook. Intel said it expects third-quarter revenue of $12.5 billion to $13.5 billion, well below analysts’ estimates of $14.4 billion. The midpoint of the forecast implies an 8% decline in revenue from a year earlier. Intel stock was falling further in premarket trading, down 5.7%.</p><p style=\"text-align: start;\"><strong>Coinbase Global</strong> fell 15% and MicroStrategy was down 17% as the cryptocurrency-linked stocks followed Bitcoin lower.The world’s largest cryptodeclined 15% to under $52,000, mirroring the decline in stocks.</p><p style=\"text-align: start;\"><strong>Kellanova</strong> was rising 22% after The Wall Street Journal, citing people familiar with the matter, reported candy company Mars Inc. was inadvanced talks to acquire the snacks maker. Including a typical deal premium, a deal could valueKellanova at around $30 billion and rank among the biggest transactions so far this year, according to the Journal. Kellanova was spun off from Kellogg last year.</p><p style=\"text-align: start;\"><strong>AMC Entertainment</strong> was down 9.3% in premarket trading after the movie-theater chain late Friday reported anadjusted second-quarter lossand revenue of $1.03 billion that matched estimates. “As expected, the second quarter started slowly with the box office adversely impacted by the 2023 Hollywood writers and actors strikes,” said AMC CEO Adam Aron. “However, the quarter finished with incredible strength powered by the success of Disney’s<em>Inside Out 2</em>, which is now the highest grossing animated movie of all time.”</p><p style=\"text-align: start;\"><strong>Amazon.com</strong> fell 6.5% in premarket trading. Shares of the tech giant and online retailer fell 8.8% on Friday afterAmazon’s second-quarter revenue growthmissed Wall Street expectations. The drop was the stock’s largest daily percentage decrease since April 29, 2022, when it fell 14.05%, according to Dow Jones Market Data.</p><p><strong>Palantir</strong> was down 12% ahead of its second-quarter earnings report scheduled for after the closing bell Monday.</p><h2 id=\"id_1288056626\">Market News</h2><p><strong>Tyson Foods tops quarterly estimates as demand rebounds, costs begin to fall</strong></p><p>Tyson Foods surpassed Wall Street expectations for third-quarter revenue and profit on Monday, indicating that demand was rebounding for its meat products, while lower grain prices reduced costs for animal feed.</p><p>After sales declined in 2023, Tyson Foods is now starting to see some of its customers return to stores to purchase its products as higher costs of dining out push people to cook more meals at home.</p><p>The U.S. meat packer&#39;s net sales rose 1.6% to $13.35 billion in the quarter, compared with analysts&#39; estimates of $13.24 billion. It continues to expect full-year revenue to be flat compared to fiscal 2023.</p><p><strong>BioNTech counts on shift to cancer drugs after second quarter losses quadruple</strong></p><p>Losses at German drugmaker BioNTech quadrupled in the second quarter from a year earlier, the company said on Monday, as it banks on a strategy shift towards new cancer treatments following a sharp drop-off in sales of its COVID-19 vaccine.</p><p>BioNTech reported a second-quarter net loss of 807.8 million euros ($885 million), versus a loss of 190.4 million a year earlier.</p><p>The company also saw a 23% drop in quarterly revenue to 128.7 million euros, mainly due to lower sales of its COVID-19 vaccines, whose development in partnership with U.S. partner Pfizer and wide use during the pandemic made the small German biotech firm a household name.</p><p></p><p></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127736797","content_text":"U.S. stock index futures tumbled on Monday, with those tied to the Nasdaq sliding almost 5%, as fears of the United States tipping into recession following weak data last week rippled through global markets.Market SnapshotAt 08:00 a.m. ET, Dow E-minis were down 919 points, or 2.3%, S&P 500 E-minis were down 182.75 points, or 3.4% and Nasdaq 100 E-minis were down 914 points, or 4.93%.Pre-Market MoversNvidia was down 13% in premarket trading, swept up in the worldwide selloff of tech shares and after a report over the weekend that saidone of the company’s next generation chips will be delayed by a just-discovered design flaw. The Information, citing industry sources, said volume shipments of the Blackwell B200 chip, the next-generation of Nvidia’s artificial-intelligence acceleration chips, would be delayed about three months. Blackwell volumes were expected to begin in October.Fellow chip stocks were tumbling amid the selloff. U.S.-listed shares of Taiwan Semiconductor Manufacturing fell 8.5%, Broadcom was down 7.4%, Advanced Micro Devices declined 4.3%, and Qualcomm dropped 5.5%.Japanese stocks traded in the U.S. fell sharply. Sumitomo Mitsui Financial Group was down 9.1%, after tumbling 16% in Tokyo.Toyota was down 6.4% in premarket trading and Honda fell 7.2%.Berkshire Hathaway’s Class B shares were down 4.6% after Warren Buffett’s conglomerate disclosed in its 10-Q report that itslashed its big stakein Apple by nearly 50% in the second quarter. Berkshire now holds about 2.6% of the iPhone maker and the stake was worth about $88 billion based on Apple’s closing price Friday of $219.86.Berkshire Hathaway also said its after-tax operating profit rose 15% in the second quarter to $11.6 billion, a quarterly record, and its total cash levels surged to a record $277 billion on June 30, up from $189 billion on March 31, largely reflecting sales of Apple. Apple stock was sinking 6.8% in premarket trading.Intel stock closed Friday with a loss of 26%, its worst drop in 50 years, after thechip maker said it would be cutting 15,000 jobs, would suspend its dividend, and issued a disappointing outlook. Intel said it expects third-quarter revenue of $12.5 billion to $13.5 billion, well below analysts’ estimates of $14.4 billion. The midpoint of the forecast implies an 8% decline in revenue from a year earlier. Intel stock was falling further in premarket trading, down 5.7%.Coinbase Global fell 15% and MicroStrategy was down 17% as the cryptocurrency-linked stocks followed Bitcoin lower.The world’s largest cryptodeclined 15% to under $52,000, mirroring the decline in stocks.Kellanova was rising 22% after The Wall Street Journal, citing people familiar with the matter, reported candy company Mars Inc. was inadvanced talks to acquire the snacks maker. Including a typical deal premium, a deal could valueKellanova at around $30 billion and rank among the biggest transactions so far this year, according to the Journal. Kellanova was spun off from Kellogg last year.AMC Entertainment was down 9.3% in premarket trading after the movie-theater chain late Friday reported anadjusted second-quarter lossand revenue of $1.03 billion that matched estimates. “As expected, the second quarter started slowly with the box office adversely impacted by the 2023 Hollywood writers and actors strikes,” said AMC CEO Adam Aron. “However, the quarter finished with incredible strength powered by the success of Disney’sInside Out 2, which is now the highest grossing animated movie of all time.”Amazon.com fell 6.5% in premarket trading. Shares of the tech giant and online retailer fell 8.8% on Friday afterAmazon’s second-quarter revenue growthmissed Wall Street expectations. The drop was the stock’s largest daily percentage decrease since April 29, 2022, when it fell 14.05%, according to Dow Jones Market Data.Palantir was down 12% ahead of its second-quarter earnings report scheduled for after the closing bell Monday.Market NewsTyson Foods tops quarterly estimates as demand rebounds, costs begin to fallTyson Foods surpassed Wall Street expectations for third-quarter revenue and profit on Monday, indicating that demand was rebounding for its meat products, while lower grain prices reduced costs for animal feed.After sales declined in 2023, Tyson Foods is now starting to see some of its customers return to stores to purchase its products as higher costs of dining out push people to cook more meals at home.The U.S. meat packer's net sales rose 1.6% to $13.35 billion in the quarter, compared with analysts' estimates of $13.24 billion. It continues to expect full-year revenue to be flat compared to fiscal 2023.BioNTech counts on shift to cancer drugs after second quarter losses quadrupleLosses at German drugmaker BioNTech quadrupled in the second quarter from a year earlier, the company said on Monday, as it banks on a strategy shift towards new cancer treatments following a sharp drop-off in sales of its COVID-19 vaccine.BioNTech reported a second-quarter net loss of 807.8 million euros ($885 million), versus a loss of 190.4 million a year earlier.The company also saw a 23% drop in quarterly revenue to 128.7 million euros, mainly due to lower sales of its COVID-19 vaccines, whose development in partnership with U.S. partner Pfizer and wide use during the pandemic made the small German biotech firm a household name.","news_type":1},"isVote":1,"tweetType":1,"viewCount":186,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":335007889871120,"gmtCreate":1722822342489,"gmtModify":1722825848239,"author":{"id":"4185865068032892","authorId":"4185865068032892","name":"job casim","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4185865068032892","authorIdStr":"4185865068032892"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/STI.SI\">$Straits Times Index(STI.SI)$&nbsp;</a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/STI.SI\">$Straits Times Index(STI.SI)$&nbsp;</a>&nbsp;","text":"$Straits Times Index(STI.SI)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/335007889871120","isVote":1,"tweetType":1,"viewCount":113,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":334963794960552,"gmtCreate":1722811570016,"gmtModify":1722825848296,"author":{"id":"4185865068032892","authorId":"4185865068032892","name":"job casim","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4185865068032892","authorIdStr":"4185865068032892"},"themes":[],"title":"Cheers to a great start!","htmlText":"Find out more here:<a href=\"https://tigr.link/9wTvyE\">Cheers to a great start!</a> Receive rewards up to USD 3600*","listText":"Find out more here:<a href=\"https://tigr.link/9wTvyE\">Cheers to a great start!</a> Receive rewards up to USD 3600*","text":"Find out more here:Cheers to a great start! Receive rewards up to USD 3600*","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/334963794960552","isVote":1,"tweetType":1,"viewCount":122,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":334963794960552,"gmtCreate":1722811570016,"gmtModify":1722825848296,"author":{"id":"4185865068032892","authorId":"4185865068032892","name":"job casim","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4185865068032892","idStr":"4185865068032892"},"themes":[],"title":"Cheers to a great start!","htmlText":"Find out more here:<a href=\"https://tigr.link/9wTvyE\">Cheers to a great start!</a> Receive rewards up to USD 3600*","listText":"Find out more here:<a href=\"https://tigr.link/9wTvyE\">Cheers to a great start!</a> Receive rewards up to USD 3600*","text":"Find out more here:Cheers to a great start! Receive rewards up to USD 3600*","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/334963794960552","isVote":1,"tweetType":1,"viewCount":122,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":335178591625400,"gmtCreate":1722860554302,"gmtModify":1722866532841,"author":{"id":"4185865068032892","authorId":"4185865068032892","name":"job casim","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4185865068032892","idStr":"4185865068032892"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/335178591625400","repostId":"1127736797","repostType":2,"repost":{"id":"1127736797","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1722859268,"share":"https://ttm.financial/m/news/1127736797?lang=&edition=fundamental","pubTime":"2024-08-05 20:01","market":"us","language":"en","title":"Pre-Bell｜Nasdaq Futures and Dow Jones Futures Tumbled Over 900 points As Recession Fears Spook Investors; Nvidia Plunged 13%","url":"https://stock-news.laohu8.com/highlight/detail?id=1127736797","media":"Tiger Newspress","summary":"U.S. stock index futures tumbled on Monday, with those tied to the Nasdaq sliding almost 5%, as fears of the United States tipping into recession following weak data last week rippled through global m","content":"<html><head></head><body><p>U.S. stock index futures tumbled on Monday, with those tied to the Nasdaq sliding almost 5%, as fears of the United States tipping into recession following weak data last week rippled through global markets.</p><h2 id=\"id_727646980\">Market Snapshot</h2><p>At 08:00 a.m. ET, Dow E-minis were down 919 points, or 2.3%, S&amp;P 500 E-minis were down 182.75 points, or 3.4% and Nasdaq 100 E-minis were down 914 points, or 4.93%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/560a7987bce1d603cde1093c756b511f\" title=\"\" tg-width=\"297\" tg-height=\"131\"/></p><h2 id=\"id_4262469929\">Pre-Market Movers</h2><p><strong>Nvidia</strong> was down 13% in premarket trading, swept up in the worldwide selloff of tech shares and after a report over the weekend that saidone of the company’s next generation chips will be delayed by a just-discovered design flaw. The Information, citing industry sources, said volume shipments of the Blackwell B200 chip, the next-generation of Nvidia’s artificial-intelligence acceleration chips, would be delayed about three months. Blackwell volumes were expected to begin in October.</p><p style=\"text-align: start;\">Fellow chip stocks were tumbling amid the selloff. U.S.-listed shares of Taiwan Semiconductor Manufacturing<strong> </strong>fell 8.5%, Broadcom was down 7.4%, Advanced Micro Devices declined 4.3%, and Qualcomm dropped 5.5%.</p><p style=\"text-align: start;\">Japanese stocks traded in the U.S. fell sharply. <strong>Sumitomo Mitsui Financial Group</strong> was down 9.1%, after tumbling 16% in Tokyo.Toyota was down 6.4% in premarket trading and Honda fell 7.2%.</p><p><strong>Berkshire Hathaway</strong>’s Class B shares were down 4.6% after Warren Buffett’s conglomerate disclosed in its 10-Q report that itslashed its big stakein Apple by nearly 50% in the second quarter. Berkshire now holds about 2.6% of the iPhone maker and the stake was worth about $88 billion based on Apple’s closing price Friday of $219.86.Berkshire Hathaway also said its after-tax operating profit rose 15% in the second quarter to $11.6 billion, a quarterly record, and its total cash levels surged to a record $277 billion on June 30, up from $189 billion on March 31, largely reflecting sales of Apple. Apple stock was sinking 6.8% in premarket trading.</p><p style=\"text-align: start;\"><strong>Intel</strong> stock closed Friday with a loss of 26%, its worst drop in 50 years, after thechip maker said it would be cutting 15,000 jobs, would suspend its dividend, and issued a disappointing outlook. Intel said it expects third-quarter revenue of $12.5 billion to $13.5 billion, well below analysts’ estimates of $14.4 billion. The midpoint of the forecast implies an 8% decline in revenue from a year earlier. Intel stock was falling further in premarket trading, down 5.7%.</p><p style=\"text-align: start;\"><strong>Coinbase Global</strong> fell 15% and MicroStrategy was down 17% as the cryptocurrency-linked stocks followed Bitcoin lower.The world’s largest cryptodeclined 15% to under $52,000, mirroring the decline in stocks.</p><p style=\"text-align: start;\"><strong>Kellanova</strong> was rising 22% after The Wall Street Journal, citing people familiar with the matter, reported candy company Mars Inc. was inadvanced talks to acquire the snacks maker. Including a typical deal premium, a deal could valueKellanova at around $30 billion and rank among the biggest transactions so far this year, according to the Journal. Kellanova was spun off from Kellogg last year.</p><p style=\"text-align: start;\"><strong>AMC Entertainment</strong> was down 9.3% in premarket trading after the movie-theater chain late Friday reported anadjusted second-quarter lossand revenue of $1.03 billion that matched estimates. “As expected, the second quarter started slowly with the box office adversely impacted by the 2023 Hollywood writers and actors strikes,” said AMC CEO Adam Aron. “However, the quarter finished with incredible strength powered by the success of Disney’s<em>Inside Out 2</em>, which is now the highest grossing animated movie of all time.”</p><p style=\"text-align: start;\"><strong>Amazon.com</strong> fell 6.5% in premarket trading. Shares of the tech giant and online retailer fell 8.8% on Friday afterAmazon’s second-quarter revenue growthmissed Wall Street expectations. The drop was the stock’s largest daily percentage decrease since April 29, 2022, when it fell 14.05%, according to Dow Jones Market Data.</p><p><strong>Palantir</strong> was down 12% ahead of its second-quarter earnings report scheduled for after the closing bell Monday.</p><h2 id=\"id_1288056626\">Market News</h2><p><strong>Tyson Foods tops quarterly estimates as demand rebounds, costs begin to fall</strong></p><p>Tyson Foods surpassed Wall Street expectations for third-quarter revenue and profit on Monday, indicating that demand was rebounding for its meat products, while lower grain prices reduced costs for animal feed.</p><p>After sales declined in 2023, Tyson Foods is now starting to see some of its customers return to stores to purchase its products as higher costs of dining out push people to cook more meals at home.</p><p>The U.S. meat packer&#39;s net sales rose 1.6% to $13.35 billion in the quarter, compared with analysts&#39; estimates of $13.24 billion. It continues to expect full-year revenue to be flat compared to fiscal 2023.</p><p><strong>BioNTech counts on shift to cancer drugs after second quarter losses quadruple</strong></p><p>Losses at German drugmaker BioNTech quadrupled in the second quarter from a year earlier, the company said on Monday, as it banks on a strategy shift towards new cancer treatments following a sharp drop-off in sales of its COVID-19 vaccine.</p><p>BioNTech reported a second-quarter net loss of 807.8 million euros ($885 million), versus a loss of 190.4 million a year earlier.</p><p>The company also saw a 23% drop in quarterly revenue to 128.7 million euros, mainly due to lower sales of its COVID-19 vaccines, whose development in partnership with U.S. partner Pfizer and wide use during the pandemic made the small German biotech firm a household name.</p><p></p><p></p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pre-Bell｜Nasdaq Futures and Dow Jones Futures Tumbled Over 900 points As Recession Fears Spook Investors; Nvidia Plunged 13%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPre-Bell｜Nasdaq Futures and Dow Jones Futures Tumbled Over 900 points As Recession Fears Spook Investors; Nvidia Plunged 13%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-08-05 20:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock index futures tumbled on Monday, with those tied to the Nasdaq sliding almost 5%, as fears of the United States tipping into recession following weak data last week rippled through global markets.</p><h2 id=\"id_727646980\">Market Snapshot</h2><p>At 08:00 a.m. ET, Dow E-minis were down 919 points, or 2.3%, S&amp;P 500 E-minis were down 182.75 points, or 3.4% and Nasdaq 100 E-minis were down 914 points, or 4.93%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/560a7987bce1d603cde1093c756b511f\" title=\"\" tg-width=\"297\" tg-height=\"131\"/></p><h2 id=\"id_4262469929\">Pre-Market Movers</h2><p><strong>Nvidia</strong> was down 13% in premarket trading, swept up in the worldwide selloff of tech shares and after a report over the weekend that saidone of the company’s next generation chips will be delayed by a just-discovered design flaw. The Information, citing industry sources, said volume shipments of the Blackwell B200 chip, the next-generation of Nvidia’s artificial-intelligence acceleration chips, would be delayed about three months. Blackwell volumes were expected to begin in October.</p><p style=\"text-align: start;\">Fellow chip stocks were tumbling amid the selloff. U.S.-listed shares of Taiwan Semiconductor Manufacturing<strong> </strong>fell 8.5%, Broadcom was down 7.4%, Advanced Micro Devices declined 4.3%, and Qualcomm dropped 5.5%.</p><p style=\"text-align: start;\">Japanese stocks traded in the U.S. fell sharply. <strong>Sumitomo Mitsui Financial Group</strong> was down 9.1%, after tumbling 16% in Tokyo.Toyota was down 6.4% in premarket trading and Honda fell 7.2%.</p><p><strong>Berkshire Hathaway</strong>’s Class B shares were down 4.6% after Warren Buffett’s conglomerate disclosed in its 10-Q report that itslashed its big stakein Apple by nearly 50% in the second quarter. Berkshire now holds about 2.6% of the iPhone maker and the stake was worth about $88 billion based on Apple’s closing price Friday of $219.86.Berkshire Hathaway also said its after-tax operating profit rose 15% in the second quarter to $11.6 billion, a quarterly record, and its total cash levels surged to a record $277 billion on June 30, up from $189 billion on March 31, largely reflecting sales of Apple. Apple stock was sinking 6.8% in premarket trading.</p><p style=\"text-align: start;\"><strong>Intel</strong> stock closed Friday with a loss of 26%, its worst drop in 50 years, after thechip maker said it would be cutting 15,000 jobs, would suspend its dividend, and issued a disappointing outlook. Intel said it expects third-quarter revenue of $12.5 billion to $13.5 billion, well below analysts’ estimates of $14.4 billion. The midpoint of the forecast implies an 8% decline in revenue from a year earlier. Intel stock was falling further in premarket trading, down 5.7%.</p><p style=\"text-align: start;\"><strong>Coinbase Global</strong> fell 15% and MicroStrategy was down 17% as the cryptocurrency-linked stocks followed Bitcoin lower.The world’s largest cryptodeclined 15% to under $52,000, mirroring the decline in stocks.</p><p style=\"text-align: start;\"><strong>Kellanova</strong> was rising 22% after The Wall Street Journal, citing people familiar with the matter, reported candy company Mars Inc. was inadvanced talks to acquire the snacks maker. Including a typical deal premium, a deal could valueKellanova at around $30 billion and rank among the biggest transactions so far this year, according to the Journal. Kellanova was spun off from Kellogg last year.</p><p style=\"text-align: start;\"><strong>AMC Entertainment</strong> was down 9.3% in premarket trading after the movie-theater chain late Friday reported anadjusted second-quarter lossand revenue of $1.03 billion that matched estimates. “As expected, the second quarter started slowly with the box office adversely impacted by the 2023 Hollywood writers and actors strikes,” said AMC CEO Adam Aron. “However, the quarter finished with incredible strength powered by the success of Disney’s<em>Inside Out 2</em>, which is now the highest grossing animated movie of all time.”</p><p style=\"text-align: start;\"><strong>Amazon.com</strong> fell 6.5% in premarket trading. Shares of the tech giant and online retailer fell 8.8% on Friday afterAmazon’s second-quarter revenue growthmissed Wall Street expectations. The drop was the stock’s largest daily percentage decrease since April 29, 2022, when it fell 14.05%, according to Dow Jones Market Data.</p><p><strong>Palantir</strong> was down 12% ahead of its second-quarter earnings report scheduled for after the closing bell Monday.</p><h2 id=\"id_1288056626\">Market News</h2><p><strong>Tyson Foods tops quarterly estimates as demand rebounds, costs begin to fall</strong></p><p>Tyson Foods surpassed Wall Street expectations for third-quarter revenue and profit on Monday, indicating that demand was rebounding for its meat products, while lower grain prices reduced costs for animal feed.</p><p>After sales declined in 2023, Tyson Foods is now starting to see some of its customers return to stores to purchase its products as higher costs of dining out push people to cook more meals at home.</p><p>The U.S. meat packer&#39;s net sales rose 1.6% to $13.35 billion in the quarter, compared with analysts&#39; estimates of $13.24 billion. It continues to expect full-year revenue to be flat compared to fiscal 2023.</p><p><strong>BioNTech counts on shift to cancer drugs after second quarter losses quadruple</strong></p><p>Losses at German drugmaker BioNTech quadrupled in the second quarter from a year earlier, the company said on Monday, as it banks on a strategy shift towards new cancer treatments following a sharp drop-off in sales of its COVID-19 vaccine.</p><p>BioNTech reported a second-quarter net loss of 807.8 million euros ($885 million), versus a loss of 190.4 million a year earlier.</p><p>The company also saw a 23% drop in quarterly revenue to 128.7 million euros, mainly due to lower sales of its COVID-19 vaccines, whose development in partnership with U.S. partner Pfizer and wide use during the pandemic made the small German biotech firm a household name.</p><p></p><p></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127736797","content_text":"U.S. stock index futures tumbled on Monday, with those tied to the Nasdaq sliding almost 5%, as fears of the United States tipping into recession following weak data last week rippled through global markets.Market SnapshotAt 08:00 a.m. ET, Dow E-minis were down 919 points, or 2.3%, S&P 500 E-minis were down 182.75 points, or 3.4% and Nasdaq 100 E-minis were down 914 points, or 4.93%.Pre-Market MoversNvidia was down 13% in premarket trading, swept up in the worldwide selloff of tech shares and after a report over the weekend that saidone of the company’s next generation chips will be delayed by a just-discovered design flaw. The Information, citing industry sources, said volume shipments of the Blackwell B200 chip, the next-generation of Nvidia’s artificial-intelligence acceleration chips, would be delayed about three months. Blackwell volumes were expected to begin in October.Fellow chip stocks were tumbling amid the selloff. U.S.-listed shares of Taiwan Semiconductor Manufacturing fell 8.5%, Broadcom was down 7.4%, Advanced Micro Devices declined 4.3%, and Qualcomm dropped 5.5%.Japanese stocks traded in the U.S. fell sharply. Sumitomo Mitsui Financial Group was down 9.1%, after tumbling 16% in Tokyo.Toyota was down 6.4% in premarket trading and Honda fell 7.2%.Berkshire Hathaway’s Class B shares were down 4.6% after Warren Buffett’s conglomerate disclosed in its 10-Q report that itslashed its big stakein Apple by nearly 50% in the second quarter. Berkshire now holds about 2.6% of the iPhone maker and the stake was worth about $88 billion based on Apple’s closing price Friday of $219.86.Berkshire Hathaway also said its after-tax operating profit rose 15% in the second quarter to $11.6 billion, a quarterly record, and its total cash levels surged to a record $277 billion on June 30, up from $189 billion on March 31, largely reflecting sales of Apple. Apple stock was sinking 6.8% in premarket trading.Intel stock closed Friday with a loss of 26%, its worst drop in 50 years, after thechip maker said it would be cutting 15,000 jobs, would suspend its dividend, and issued a disappointing outlook. Intel said it expects third-quarter revenue of $12.5 billion to $13.5 billion, well below analysts’ estimates of $14.4 billion. The midpoint of the forecast implies an 8% decline in revenue from a year earlier. Intel stock was falling further in premarket trading, down 5.7%.Coinbase Global fell 15% and MicroStrategy was down 17% as the cryptocurrency-linked stocks followed Bitcoin lower.The world’s largest cryptodeclined 15% to under $52,000, mirroring the decline in stocks.Kellanova was rising 22% after The Wall Street Journal, citing people familiar with the matter, reported candy company Mars Inc. was inadvanced talks to acquire the snacks maker. Including a typical deal premium, a deal could valueKellanova at around $30 billion and rank among the biggest transactions so far this year, according to the Journal. Kellanova was spun off from Kellogg last year.AMC Entertainment was down 9.3% in premarket trading after the movie-theater chain late Friday reported anadjusted second-quarter lossand revenue of $1.03 billion that matched estimates. “As expected, the second quarter started slowly with the box office adversely impacted by the 2023 Hollywood writers and actors strikes,” said AMC CEO Adam Aron. “However, the quarter finished with incredible strength powered by the success of Disney’sInside Out 2, which is now the highest grossing animated movie of all time.”Amazon.com fell 6.5% in premarket trading. Shares of the tech giant and online retailer fell 8.8% on Friday afterAmazon’s second-quarter revenue growthmissed Wall Street expectations. The drop was the stock’s largest daily percentage decrease since April 29, 2022, when it fell 14.05%, according to Dow Jones Market Data.Palantir was down 12% ahead of its second-quarter earnings report scheduled for after the closing bell Monday.Market NewsTyson Foods tops quarterly estimates as demand rebounds, costs begin to fallTyson Foods surpassed Wall Street expectations for third-quarter revenue and profit on Monday, indicating that demand was rebounding for its meat products, while lower grain prices reduced costs for animal feed.After sales declined in 2023, Tyson Foods is now starting to see some of its customers return to stores to purchase its products as higher costs of dining out push people to cook more meals at home.The U.S. meat packer's net sales rose 1.6% to $13.35 billion in the quarter, compared with analysts' estimates of $13.24 billion. It continues to expect full-year revenue to be flat compared to fiscal 2023.BioNTech counts on shift to cancer drugs after second quarter losses quadrupleLosses at German drugmaker BioNTech quadrupled in the second quarter from a year earlier, the company said on Monday, as it banks on a strategy shift towards new cancer treatments following a sharp drop-off in sales of its COVID-19 vaccine.BioNTech reported a second-quarter net loss of 807.8 million euros ($885 million), versus a loss of 190.4 million a year earlier.The company also saw a 23% drop in quarterly revenue to 128.7 million euros, mainly due to lower sales of its COVID-19 vaccines, whose development in partnership with U.S. partner Pfizer and wide use during the pandemic made the small German biotech firm a household name.","news_type":1},"isVote":1,"tweetType":1,"viewCount":186,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":335655045132440,"gmtCreate":1722983121347,"gmtModify":1722983122942,"author":{"id":"4185865068032892","authorId":"4185865068032892","name":"job casim","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4185865068032892","idStr":"4185865068032892"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a><v-v data-views=\"0\"></v-v>&nbsp;","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a><v-v data-views=\"0\"></v-v>&nbsp;","text":"$NVIDIA 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Corp(NVDA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/335485639803112","isVote":1,"tweetType":1,"viewCount":102,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":335240525480144,"gmtCreate":1722875674908,"gmtModify":1722875676936,"author":{"id":"4185865068032892","authorId":"4185865068032892","name":"job casim","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4185865068032892","idStr":"4185865068032892"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/335240525480144","repostId":"2453103100","repostType":2,"isVote":1,"tweetType":1,"viewCount":51,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":335238048305288,"gmtCreate":1722875190593,"gmtModify":1722875442360,"author":{"id":"4185865068032892","authorId":"4185865068032892","name":"job casim","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4185865068032892","idStr":"4185865068032892"},"themes":[],"title":"Star Contributors","htmlText":"Find out more here:<a href=\"https://tigr.link/9yqXqj\">Star Contributors</a>","listText":"Find out more here:<a href=\"https://tigr.link/9yqXqj\">Star Contributors</a>","text":"Find out more here:Star 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