S&P 500 futures down 0.1% to 2,981.75
Brent futures up 0.4% to $63.91/bbl
Gold spot down 0.4% to $1,420.66
US Dollar Index down 0.2% to 97.08GLOBAL NEWS:Earnings season. Microsoft
, Philip Morris
, Morgan Stanley
, Compagnie Financière Richemont
are among companies reporting earnings today.Qualcomm Hit by new antitrust fine in Europe. Qualcomm
was fined $272 million by EU competition authorities for abusing its dominant position to drive a competitor out of business and hindering competition in the market for baseband chips. This is the second penalty from the bloc in 18 months.Big appetite. EssilorLuxottica
goes on the offensive by confirming discussions for a takeover of GrandVision
, based on a price of EUR 28, which represents a 22% premium over the company's closing price yesterday and an invoice in the order of EUR 7 billion. This decision comes as no surprise to Bernstein, who had considered that the group's next strategic offensive would take place in distribution. However, the analyst acknowledges that he thought this movement would come a little later. Based on the available information, it estimates that the transaction would have a positive impact of 5 to 6% on earnings per share from 2019. A priori positive, therefore.Mixed US results.
share fell by about 10% after the New York session due to subscriber gains that were half as low as expected in the second quarter. As for other results, International Business Machines provides insurance, Alcoa suffers losses and eBay shines.The shadow of a doubt
. American parliamentarians are extremely skeptical about Facebook
's Libra. "I am seriously concerned about Facebook's plans to create a digital currency and portfolio," said Maxine Waters, Chair of the House of Representatives' Financial Services Committee.In other news.
After signing with IBM
Cloud for its business applications, AT&T is committed to Microsoft
Azure for its core business. Takeda
has launched, with the support of J.P. Morgan
, the sale of a portfolio of generics marketed in Western Europe, according to consistent sources, which could be worth 1.5 billion. Washington is blocking Ankara's participation in Lockheed Martin
's F-35 aircraft program after Turkey's decision to equip itself with Russian anti-aircraft missiles. Chinese Didi, Uber's counterpart, is looking to raise $2 billion, according to the Wall Street Journal. Temenos
buys Logical Glue. The Danish Genmab raised $506 million on the Nasdaq.