Main earnings reports today: Chevron, Abbvie, American Express, Lonza Group, Vodafone, Schindler, Thales...
- Intel raises its profit forecast for 2021.
- Twitter has over 200 million active users.
- Snap beats expectations in second quarter.
- Visa reaches definitive agreement to acquire Currencycloud.
- Biogen faces headwinds for its new Alzheimer's drug.
- Didi continued to fall, losing 11 percent before the Wall Street opening after Bloomberg News reported Thursday that Chinese regulators were considering fining it, bringing in a public investor or suspending some of its operations.
- American Express - The payments company reported a second-quarter profit on Friday that beat estimates as consumer spending rose after 18 months of containment.
- Veoneer - The Stockholm-listed company's shares jumped 55% after the Swedish automotive safety products supplier received a $3.3 billion takeover offer from Canadian equipment maker Magna. The group also reported a 116.3% increase in second-quarter sales.
- HoneyWell on Friday reported a 32% increase in quarterly profit, beating expectations, and raised its full-year outlook on the strength of its aerospace division as air traffic recovers from the pandemic-related slowdown.
- Schlumberger gained 1.5% in premarket trading after reporting a rise in second-quarter net income on Friday, as a rebound in crude prices boosted demand for oilfield services and equipment.
- Tesla has asked the Indian government to sharply reduce import duties on electric vehicles, a move the automaker says will boost local demand, said two sources familiar with the
- The European Medicines Agency lists Guillain-Barré syndrome as a "very rare" side effect of Johnson & Johnson's Covid-19 vaccine.
- After Ubisoft, Activision Blizzard is caught up in sexual harassment accusations.
- Norsk Hydro reports strong results, boosted by aluminum demand.
- Signify's sales rise 9.6% in the second quarter.
- Lonza reports half-year sales up 13.3%.