#morning_view 06.05.2021
Market dynamics at the moment (futures):
S&P 500: +0.05% (4162 P.) Nasdaq: -0.16% (13470 P.)
See more Dow Jones: +0.09% (13502 P.)
Gold: +0.39% ($1791)
Brent crude oil: +0.28% ($69.16)
Yesterday, all three indices finished the day in different directions: S&P 500 grew up on 0.07%, Dow Jones на 0.29%, and the Nasdaq fell on 0.30%. The decline in the tech sector continued yesterday, which led to a decrease in the high-tech index. Janet Yellen's comment left a trace. but, in spite of this, industrial Dow Jones was able to reach a record high again. According to analysts, under conditions, when only a few officials FED ready to discuss the issue of stopping stimulation of the US economy, and the world economy is counting on a solid recovery from the recession, caused by the pandemic, investors switched to cyclical assets – companies, which are highly dependent on the economic situation. Stock market Asia trades without a single dynamic.
“The positive dynamics of the technology sector in the relatively broad market peaked at the end of May. 2020 of the year", – said Keith Lerner, Chief Market Strategist Truist. "Considering, what do we expect, that the economy will grow well above the average trend this year and next, value stocks should look more attractive. Really, if you look at the stock price indexes, then they are dominated by financial companies, and they, usually, more affected by economically sensitive sectors, which are more dependent on economic recovery ".
Additional vaccination against Covid-19 vaccine company $MRNA Moderna triggered an immune response against strains B.1.351 and P.1, first identified in South Africa and Brazil, respectively. If the data is confirmed by other studies, the company will have every chance of increasing demand for its vaccines.
Uber $UBER has submitted its reports for 1 kV 2021 of the year. Loss per share was -$0.06 against analysts' expectations in -$0.55. Revenue reached $2.6 billion, What's on $380 million below consensus. Over the past month, paper has dropped by 8% and continues to decline.
The following economic data will be published today:
• Number of initial applications for unemployment benefits.
• Preliminary data on the level of productivity in the non-agricultural sector (q / q) for the I quarter 2021 of the year.
Today after the close of the market will report:
$MCK McKesson$SQ Square $YEAR OF THE YEAR $BYND Beyond Meat Inc$PTON Platoon Interactive Inc $DDOG Datadog
#summary_corporate_news
$QDEL $WBA Quidel begins retail partnership with Walgreens
Quidel announces retail collaboration with Walgreens, to do an over-the-counter QuickVue At-Home test OTC COVID-19 Affordable to Consumers in 7600 Walgreens locations in the US and Puerto Rico.
$HLT Hilton CEO told CNBC that business travel is returning to 50% from levels to COVID
$AMZN CEO Amazon.com Bezos sold about 2,5 billion dollars
$PTON ARK Investment Katie Wood reveals 140,9 thousand. Peloton shares, Purchased 05.05.21
$DKNG ARK Investment Katie Wood reveals 728 thousand shares of DraftKings, Purchased 05.05.21
$NVTA ARK Investment Katie Wood reveals 1,27 million Invitae shares, Purchased 05.05.21
#report $VOW3 @ DE Volkswagen
– Revenue Eu62.4b, Est. Eu60.3b
– Operating profit for 1 quarter Eu4.81b, Evaluation. Eu4.15b
– Deficit of microchips in the sector became more significant in the second quarter
– Raises profit forecast by 2021 year after, how first quarter earnings beat forecasts
Have a great day!
