Skip to main content

Morning Report 30 Oct 20: US sharemarkets rebounded on Thursday

Investors were encouraged by better-than-forecast US economic data and optimism about big tech earnings. Shares of Apple (+3.7%), Amazon (+1.5%) and Alphabet (+3.1%) rose before their results. Facebook (+4.9%) and Twitter (+8%) shares jumped after Pinterest (+26.9%) forecast a rebound in ad spending. Shares of Coach owner Tapestry climbed 6.7% as it beat quarterly profit estimates. Netflix (+3.7%) raised the price of its standard and premium US plans. The Dow Jones index rose by 139 points or 0.5%. The S&P500 index gained 1.2% and the Nasdaq index was up by 180 points or 1.6%. Via news.com.au — Australia’s leading news site https://www.news.com.au
Labels:

Comments

Post a Comment

Popular posts from this blog

Kate slams KIIS FM after radio departure

Langbroek currently co-hosts The 3PM Pick Up on KIIS FM with Monty Dimond and Yumi Stynes, but it was announced last month that the show would not be returning in 2023.It was Dimond who broke the news of the show’s departure, writing on Instagram: “After 8 years of doing the @3pmpickup on the wireless it’s time to hang up the headphones. “Bummer that the big wigs at KIIS couldn’t present acceptable terms for us to move forward”.Langbroek elaborated on Dimond’s comments in an interview with news.com.au’s podcast, I’ve Got News For You.Kate Langbroek reveals her most shocking TV momentWhen asked what happened between KIIS FM and The 3PM Pick Up, Langbroek said: “Well, look, I’m just gonna say this: Sometimes you just can’t come to terms. And if you can’t come to terms, it’s best you part ways.”When pressed for more information, Langbroek hit out at the radio station for treating some of their talent better than others.“What they do with their radio station is their business and it’s no s...
Post a Comment
Read more