S&P Futures are slightly lower this morning as markets await a new catalyst to drive momentum. Earnings after the bell include JWN, BOX, PVH & S. Tomorrow morning KSS, FL, BBWI, ANF CHWY and SJM are set to report. NVDA is the key earnings report for the week, and they are releasing tomorrow afternoon. JD.com announces a 5B buyback. Artal Intl files to sell 6m shares of CAVA. LLY announces a lower cost for its weight loss drug Zepbound. Canada to impose 100% tariffs on Chinese EV’s. National Security advisor Jack Sullivan is in China for 3 days of talks. In Europe, markets are higher due to reduced geopolitical tensions and positive earnings reports. Oil prices are lower and giving back some of yesterday’s big gains, API stockpile estimates due out after the bell.
Tag: Business
Taliban outlaws women from speaking or showing their faces in public
Afghanistan’s Taliban have banned women from speaking in public or showing their faces outside their homes.
High cost of fast fashion: Shein admits to using child labor in factories
While the company said that the cases were “resolved swiftly,” there are continued concerns about the industry where child labor is concerned.
MICHAEL J PAPPAS: The Democrats’ platform proves they are now a socialist party
The Democrats are telling the American people that socialism has now become the official doctrine of their party.
RABBI MICHAEL BARCLAY: The RFK Jr I know is a unifier, and just proved it
By reaching out to Bobby, Trump demonstrated that the former president really is committed to unifying this nation.
French President Emmanuel Macron says arrest of Telegram CEO is ‘in no way a political decision’
“The arrest of the president of Telegram on French soil took place as part of an ongoing judicial investigation. It is in no way a political decision. It is up to the judges to rule on the matter.”
BREAKING: Telegram CEO Pavel Durov formally charged with 12 offenses in France
Telegram CEO Pavel Durov has been formally charged with 12 offenses in France following his Saturday arrest according to a Court of Paris press release. Authorities are alleging he is complicit in the possession and distribution of child pornography and drugs and allege he is involved in money laundering, among other offenses. The charges include:…
Australian women’s soccer team with 5 trans players wins season undefeated
During the 2024 North West Sydney Football Women’s Premier Competition season, the Flying Bats won all 17 of their games, scoring 76 goals while only 8 were scored against them.
NewsWare’s Trade Talk: Monday, August 26 | NewsWare‘s Trade Talk
S&P Futures are indicating a higher opening this morning. Oil prices are in focus as tensions rise in the Middle East over the weekend. In the week ahead, NVDA, CRM CRWD, ULTA, LULU MRVL, DELL and others are schedule to report. GDP & PCE data will be the key economic releases this week. National Security Advisor Jake Sullivan will be in China this week, China set to bring up issues on Taiwan and tariffs. In Europe, markets are mixed to higher and oil prices gain more than 2% on Middle East tensions and production issue out of Libya.
Four injured, including police officer, in knife attack leading to car crash in Sydney
A 58-year-old suspect is under arrest after at least four people, including a police officer, were arrested in a bizarre fit of domestic violence that escalated into a knife attack Sunday in Sydney, Australia.