قالب وردپرس درنا توس
Home / Business / Breakfast on Wall Street: Lyft begins trading after the flotation at the top of the flotation

Breakfast on Wall Street: Lyft begins trading after the flotation at the top of the flotation



Shares gain importance through trade talks

Global equities end the first quarter with a strong note. China closed by 3.2% Europe by 0.5% Midday and US futures point to gains of 0.3% at the opening. "We had a very productive working lunch last night," said Treasury Secretary Steven Mnuchin as he left his hotel to meet Chinese Vice Prime Minister Liu He for a second day of trade talks. Bond yields continue to rise after a prolonged decline in concerns about the global economic outlook.

The Best Quarter of the Stock Market for 1

0 Years

The S & P 500 initially posted an increase of 12.3% The quarter is the best quarterly profit in nearly a decade and the most beautiful start to the Year since 1998. The quarter certainly benefited from an oversold bounceback following the sharp fourth-quarter dip of 14%. Analysts, however, still see a positive period. While there may be some bumps in the second quarter as the market struggles with earnings growth and a weaker economy, positive trade relations between the US and investment sentiment could spur share prices.

Theresa May is making the last outburst

It's been two full years since the UK asked the EU for a divorce, but it's still unclear how the Brexit will end. At the last minute, Theresa May asked the House of Commons for a "blind" Brexit vote for today – which means that MEPs will have the opportunity to vote in favor of their resignation agreement, without the political statement setting out the terms of a future trade agreement are fixed the EU. Meanwhile, Boris Johnson holds meetings throughout the Conservative Party and is preparing to take office as Prime Minister. Sterling -0.2% to $ 1.3017.

Tighter Advertising Rules before EU Elections

Facebook (NASDAQ: FB) is tightening the rules for political advertising in Europe ahead of the upcoming parliamentary elections on 26 May. All such ads are marked "paid" and provide information about who bought them, how many and how many people they saw (by age, location and gender). Only local and authorized advertisers in a given country will be able to post political ads that are reflected elsewhere in the tools introduced.

Huawei Achieves $ 100 Billion in Annual Turnover

Booming Consumer Business Huawei's revenue grew 19.5 percent in 2018, topping $ 100 billion for the first time, despite the US controversy and claim that the company's equipment could be used for Chinese espionage. While Huawei has attempted to counteract the negative news through press press and a legal offensive, some believe that the developments will have a positive effect on rivals Nokia (NYSE: NOK) and Ericsson (NASDAQ: ERIC).

Anti-Stall System Activated on Crash in Ethiopia

Officials investigating the fatal crash of a Boeing (NYSE: BA) 737 MAX in Ethiopia have come to the preliminary conclusion that a suspicious flight control feature has been automatically activated before the plane popped into the ground, WSJ reported. The consensus was circulated during a high-level briefing at the FAA and is the strongest indication that the same automated system called MCAS has failed even on a Lion Air flight that crashed less than five months earlier. BA -0.4% First Market.

AstraZeneca Spends Big Money on Cancer Treatment Agreements

AstraZeneca (NYSE: AZN) Strengthens Its Oncology Boost and Sells and Develops Business Up to $ 6.9 Billion Daiichi Sankyos (OTCPK: DSNKY) promises new ones cancer drug. "Trastuzumab deruxtecan could be a transformative new drug for the treatment of HER2-positive breast and stomach cancers," said Chief Executive Officer Pascal Soriot in a statement. Shares of Daiichi rose 16% in Tokyo on news of the deal, which AstraZeneca will finance in part through a $ 3.5 billion sale and an upfront payment of $ 1.35 billion. AZN -4.8% Premarket.

Executions of Big Banks

Wells Fargo (NYSE: WFC) CEO Tim Sloan, who has been with the lender for 31 years, resigns immediately. Shortly thereafter, Sloan took over the CEO's position after millions of employees had failed to open the scandal surrounding the opening of millions of accounts in 2016. The No. 2 at Morgan Stanley (NYSE: MS) also leaves his post. Colm Kelleher, who joined the bank in 1989, will retire on 30 June.


Source link