Dow Jones Industrial Average futures traded slightly lower on Sunday night as a growing number of Covid-19 cases continued to rise in the markets. Dow futures contracts fell 66 points, or 0.2%. The move suggests an initial reduction of about 50 points. S&P 500 futures fell 0.1%, while Nasdaq 100 …
Read More »Re-used Rocket Lab Electron Booster to regain overs in the main step towards rockets
The electron is ready to launch the rocket. Rocket Lab Leading company building and small rocket launcher Rocket Lab on Thursday undertook a huge task in describing the re-use of rockets as “CEO Peter Beck”. The company recovered a booster of its electron rocket after scattering in the Pacific Ocean. …
Read More »Nvidia crushed earnings estimates. Its stock is slipping
The size of the text A sign has been posted in front of the Nvidia headquarters Justin Sullivan / Getty Images Nvidia returned to its roots late Wednesday when earnings were reported to have outpaced the data-center business by selling videogame chips, as the company re-established itself in a position …
Read More »Utilities, Tesla, Uber form US lobby group for EV industry
On Thursday, August 13, 2020, U.S. No Tesla Inc. worker wearing a face mask at the company’s assembly plant in Fremont, California. Got out of the vehicle. Photographer: Getty Images by David Paul Morris / Bloomberg David Paul Morris | Bloomberg | Getty Images A group of major U.S. utilities, …
Read More »Dow futures have seen a rise of 100 points since last week’s big market rotation
Traders work on the floor of the New York Stock Exchange. Source: NYSE U.S. on Sunday night. Stock futures rose as traders assessed sharp market circulation which led to mixed weekly performance last week. Dow Jones Industrial Average futures were up 101 points, or 0.3%. S&P 500 futures are up …
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