New York Stock Exchange pre-market on Thursday
New York Stock Exchange pre-...
Subscribe to Newsletter

New York Stock Exchange pre-market on Thursday

29 July 2021
3733
2 min.
15
New York Stock Exchange pre-market on Thursday

State of the stock market on Thursday

Facebook (NASDAQ:FB) shares fell 3.1% on the New York Stock Exchange premarket on Thursday after the social media giant warned of a significant slowdown in revenue growth in the current third quarter and next.

Shares in Didi Global (NYSE:DIDI) soared nearly 40% after the Wall Street Journal reported that the company's biggest backers may take it private just weeks after its IPO in New York to appease Chinese regulators. However, after the company's rebuttal, the rise was reduced to 14.5%.

Shares in PayPal (NASDAQ:PYPL) fell 5.5% after the online payments operator warned of a "short-term slowdown" in revenue growth, missing second-quarter profit expectations.

Shares of Merck (NYSE:MRK) fell 1.2% despite quarterly revenue beating analysts' forecasts. Good sales of its cancer drug Keytruda helped offset declines in sales of some of the company's other drugs.

Shares of Uber Technologies (NYSE:UBER) lost 5.1% after Reuters reported that SoftBank (T:9984) will sell about 45 million of its shares in the taxi service to make up for other losses.

Ford (NYSE:F) shares rose 4.4% after the auto giant reported a surprise second-quarter profit thanks to a surge in prices for some vehicle models.

Yum! Brands (NYSE:YUM) also added 4.4% after the fast-food restaurant chain owner's quarterly results beat expectations thanks to the U.S. economic recovery.

Shares of Comcast (NASDAQ:CMCSA) climbed 1.7% after the entertainment giant's second-quarter revenue beat forecasts on higher ad sales and the reopening of theme parks.

Shares in Hilton Worldwide (NYSE:HLT) fell 0.8%, despite the hotel chain achieving quarterly profits and forecasting solid growth in the second half of the year as tourist arrivals recover. Its shares were up more than 7% last month.

Qualcomm (NASDAQ:QCOM) shares added 3.2% after the chipmaker reported revenue growth of more than 60% from a year ago on higher smartphone sales.

Royal Dutch Shell (NYSE:RDSa) shares rose 4.8% after the oil company significantly increased its dividend payout and said it would buy back $2 billion worth of shares, helped by higher oil prices.

Companies15 in the news

SoftBank Group
4 place
PayPal
5 place
Nasdaq
6 place
Reuters
7 place
Merck
9 place
Uber
10 place
Comcast
11 place
YUM! Brands
12 place
Qualcomm
13 place
Meta (Facebook)
14 place
Section:
Rating companies
Instagram
17 Mention
Netflix
14 Mention
X (Twitter)
10 Mention
White House
8 Mention
TikTok
8 Mention
Tesla
8 Mention
Us Weekly
7 Mention

NEW YORK NEWS

News from GlobalNY.biz is the freshest and most relevant information about high-profile events in the region. The task of the resource's news feed is to convey to readers with maximum accuracy and objectivity information about important events in business, politics, economy, healthcare, culture and other spheres of life in New York.
GlobalNY.biz news is a coverage of economic processes taking place in New York, the latest news of public life, incidents and an overview of political events. New York news is information about the activities of small and medium-sized businesses, the work of housing and communal services and utilities, the implementation of significant projects.
The site's journalists describe not only the life of the region, but also talk about the current state of the US economy. Everything you need to know about innovations in the field of industry and agriculture, economy and power is collected in the "News" section at GlobalNY.biz.
New York news quickly informs the reader, shows the real picture and opens up hot topics. Communication with government structures and business enables us to provide our readers with reliable, information-rich material. The main page of the portal contains the key news of New York!
Alena Potapova

Development Director
Population
8169317773
Died this year
53074179
Born this year
130571874