Tuesday, July 27, 2021
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Stocks making the biggest moves midday: Tesla, Zoom, Hasbro, Philips and more

Zoom founder Eric Yuan speaks before the Nasdaq opening bell ceremony on April 18, 2019 in New York City.Kena Betancur | Getty ImagesCheck out the companies making headlines in midday trading.Hasbro — Shares of the toymaker soared more than 12% after beating on the top and bottom lines of

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Bezos offers to cover $2 billion in NASA costs in exchange for astronaut lunar lander contract

Jeff Bezos holds the aviation glasses that belonged to Amelia Earhart as he speaks during a press conference about his flight on Blue Origin’s New Shepard into space on July 20, 2021 in Van Horn, Texas.Joe Raedle | Getty ImagesBlue Origin founder Jeff Bezos on Monday offered to cover

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Here are the highlights from Robinhood’s virtual roadshow

Omar Marques | LightRocket | Getty ImagesIn typical Robinhood fashion, the stock trading app hosted an unconventional virtual roadshow on Saturday. Rather than holding the event behind doors among investment bankers and hedge funds, as is typical, the event was democratized as Robinhood management fielded questions from everyday investors.Robinhood

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IPOs are on track for a record year as companies cash in on sky-high stock prices

Traders work on the floor of the New York Stock Exchange (NYSE), July 21, 2021.Brendan McDermid | Reuters(Click here to subscribe to the new Delivering Alpha newsletter.)Initial public offerings have come roaring back, on track for a record year as companies race to go public in a stock market at all-time

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Stocks making the biggest moves premarket: Hasbro, Otis Worldwide, Lockheed Martin and others

Check out the companies making headlines before the bell:Hasbro (HAS) – The toymaker reported adjusted quarterly earnings of $1.05 per share, well above the 47 cents consensus estimate, with revenue beating forecasts as well. Hasbro saw its film and tv-related businesses return to growth following the pandemic, and also

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Stock futures hold steady ahead of a huge week of Big Tech earnings

Traders working at the New York Stock Exchange (NYSE), today, Wednesday, April 21, 2021.Source: NYSEStock futures opened little changed after the major averages finished the previous session at record closing highs and ahead of a busy week of earnings reports from technology's heaviest hitters.The Dow Jones Industrial Average eased

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‘Disturbing’ actions by China signal early stages of a cold war, economist Stephen Roach warns

Economist Stephen Roach warns Beijing's crackdown against U.S.-listed China stocks will have widespread market implications.Roach, who is considered one of the world's leading experts on Asia, believes the actions are signaling the early stages of a cold war."I am a congenital optimist when it comes to China. But I

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Companies from Chipotle to Whirlpool are raising prices on consumers because of higher costs

A employee sprinkles cheese on a burrito at a Chipotle Mexican Grill restaurant in Hollywood, California.Patrick T. Fallon | Bloomberg | Getty ImagesConsumer brands from Chipotle Mexican Grill to Whirlpool are dealing with inflation by passing higher costs onto their customers through price hikes.Many companies that reported quarterly results

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Stocks making the biggest moves midday: Twitter, Snap, American Express and more

Check out the companies making headlines in midday trading.Snap — Shares of Snap soared roughly 24% after better-than-expected second-quarter earnings results. The social media company reported strong growth of users, engagement and ads.Twitter — Twitter shares gained 3.4% after reporting its fastest revenue growth since 2014. The social media platform reported earnings of

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13% of Americans traded crypto in the past year, survey finds

Nicolas Economou/NurPhoto via Getty ImagesMore than 1 in 10 Americans invested in cryptocurrency over the past year, according to a survey published by the University of Chicago, a sign of the popularity of digital currencies like bitcoin and ethereum.Specifically, 13% bought or traded crypto in the past 12 months

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