Morning review 30.04.2021
Market dynamics at the moment (futures):
S&P 500: -0.35% (4188 P.) Nasdaq: -0.55% (13878 P.)
See more Dow Jones: -0.27% (33862 P.)
Gold: +0.01% ($1768)
Brent crude oil: -0.63% ($67.62)
US stock index futures are correcting after strong gains on Thursday. Yesterday, all three indexes finished with a plus: S&P 500 grew up on 0.68%, Nasdaq на 0.49%, а Dow Jones на 0.71%. The published positive macroeconomic data along with strong reporting from tech giants sparked investor enthusiasm and pushed the market up. The number of initial applications for unemployment benefits was 553 thousand, which is slightly below analysts' expectations. but, for the latest 4 week the moving average of the unemployment rate reached its lowest value since 14 Martha 2020 of the year. The preliminary forecast for GDP for the first quarter was 6.4%, which turned out to be higher than the consensus forecasts. All this testifies to the fast pace of the US economic recovery.. Stock market Asia trades lower.
"When the GDP report comes out, which demonstrates faster consumption and declining inventory, it can be considered even more significant, what can be assumed, looking at such a figure ", – said Kevin Cummins, Chief US Economist at NatWest Markets. “I am really optimistic about, how the US economy will develop over the next three or four quarters ".
Company Amazon $AMZN presented the results of reporting for 1 neighborhood 2021 of the year. The company's results showed, that demand remains strong for its massive online retail business, as well as for the fast-growing cloud computing and advertising business.
Twitter $TWTR has published reports for 1 kV. The company's revenue has reached $1.04 billion – against the consensus forecast c $1.03 billion.
NIO $NIO reported on 1 neighborhood. Revenue amounted to $1.22 billion, What's on $160 million above analysts' expectations.
This week Pfizer Inc $PFE sends its COVID-19 vaccines to Mexico, including doses, manufactured at her American plant. This is the first batch of vaccines, exported from the USA.
Today, among other, before the opening of the Exxon Mobil market $XOM, Chevron $CVX и AbbVie $ABBV will publish reports for 1 kV. 2021 of the year.
#summary_corporate_news
$EBS $JNJ Emergent BioSolutions has produced over 115 million doses of Johnson vaccine & Johnson COVID-19, and has in stock 60 millions of doses ready to use, when the FDA approves.
$GM Since 2023 General Motors will produce electric vehicles in Mexico with an investment of 1 $ billion at its facility in the northern border state of Coahuilat, where traditional combustion engine vehicles are now assembled.
$MRNA First batch of Moderna Inc vaccines. from COVID-19 arrived in Japan on Friday, reported by the state broadcaster NHK.
$CROX Crocs Director Jan Bikley announced the sale 10 000 ordinary shares of the company 29 April for the price 100,01 dollars per share.
$AZN Astrazeneca reported, that it may take until mid-May to submit an application for FDA review.
$KKR confirms the sale of The Bountiful Company to Nestlé for 5,75 billion dollars.
$RF CFO Regions Financial David Turner Jr. Announces Sale 88 000 ordinary shares of the company 27 April for the price 21,1147 dollars per share.
$ABT Vice President of Abbott Laboratories Roger Bird announced the sale 9 439 common shares of the company 27 April for the price 122 dollar apiece.
$NUE Vice President of Nucor Raymond Napolitan 28 April sold 5000 company shares at a price 81,96 dollars apiece for the amount 409 791 Dollars.
$PII Polaris announced, that its board of directors approved the buyback of the outstanding ordinary shares of the company for up to 1 billion dollars.
