Plus, SolarEdge delivered an earnings beat, PepsiCo said it is selling its Tropicana and other North American juice brands to French private equity firm PAI Partners for $3.3 billion, and DHL is buying 12 electric cargo plans from Eviation for U.S. deliveries.
Read MorePlus, HSBC and Heineken delivered earnings beats, Parker Hannifin is buying Meggitt for $8.8 billion, and Foot Locker bought two smaller shoe retail chains for $1.1 billion.
Read MorePlus, Amazon was also hit with a record fine for violating the EU’s data protection rules, Chevron and Exxon both reported profits for the second straight quarter, and Robinhood closed down 8% after its market debut.
Read MoreMegacap tech stocks delivered blockbuster earnings this week, but there are 2 names in the group that traders say are the top picks right now.
Read MoreThe tech sector hit new highs this week, but it’s not just the mega cap names pushing the group higher. Traders say these 9 under-the-radar tech picks are the ones to consider now.
Read MorePlus, Uber shares are down on reports that SoftBank is selling $2.1 billion of its stake in the ride-hailing company, DiDi shares surged on reports that it is going private, and Robinhood makes its public debut today.
Read MorePlus, Gap’s Athleta brand is launching a workout and wellness platform, Tesla is reportedly moving its showrooms out of malls, and ride sharing app Swvl is going public via a reverse merger with a SPAC.
Read MorePlus, UPS shares are down after earnings showed deliveries are slowing down in the U.S., GE CEO Culp warned that the conglomerate is facing inflationary pressures, and American Airlines said it may have to add extra stops for some flights amid snarls in trucking and supply chains delays fuel shipments to some airports.
Read MorePlus, the S&P 500 is hovering near its record ahead of a busy earnings week with some of tech’s biggest names reporting, Bitcoin surged to nearly $39,000 on speculation that Amazon may soon accept cryptocurrencies as payment, and BioNTech said it plans to develop an mRNA vaccine for malaria.
Read MorePlus, Twitter also delivered a beat, Boston Beer cited disappointing demand for its hard seltzer as cause for its earnings results miss, and Alphabet launched a new robotics software startup.
Read MoreThis under-the-radar retail stock has delivered triple-digit returns over the last year and traders say it’s not done rising yet. Here’s the buy level to watch for now.
Read MoreAnalysts and traders agree: now’s the time to consider payment names. Here are 4 stocks in the sector they say are the best buys right now.
Read MorePlus, American Airlines and Southwest Airlines both posted second quarter profits on federal aid and surging travel demand, DiDi shares are dropping on reports that Chinese regulators are planning unprecedented penalties for the ride-share giant, and Uber Freight is buying shipping software company Transplace.
Read MorePlus, Coca-Cola said its second quarter revenue topped 2019 levels, Bitcoin is rebounding, and Ford is partnering with Argo AI and Lyft on an autonomous vehicle fleet.
Read MorePlus, IBM delivered an earnings beat, UBS reported a 63% jump in net profit last quarter, and Nasdaq is spinning off its Nasdaq Private Market business.
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