[Pre-market performance]
Flush (300033) U.S. stocks news As of press time, the Dow futures, dominated by blue chip stocks , fell 1.11%, S&P 500 index futures fell 1.29%, dominated by technology stocks Nasdaq 100 index futures fell 1.50%.
Popular Chinese concept stocks fell before the market opened, and Alibaba fell more than 2%.
European stock markets fell sharply. As of press time, Germany's DAX index fell by 2.93%, France's CAC40 index fell by 2.96%, and Britain's FTSE 100 index fell by 2.07%. In terms of commodity foreign exchange, as of press time, Brent crude oil fell 0.37% to US$112.03 per barrel.
[Financial News]
The U.S. automatic data processing company ADP will suspend the release of the July employment report
The U.S. automatic data processing company ADP will suspend the release of the July employment report and is studying new methods; plans to release a new one on August 31 National employment report.
[Company News]
Onion Group will repurchase US$10 million in shares from third-party investors
Onion Group announced that it has privately negotiated a private share repurchase agreement with third-party investors.
Under the terms of the agreement, Onion Group shall purchase and acquire 20,700 ADS representing 206,890 Class A ordinary shares from the selling shareholders for a total repurchase price of US$10 million. The equity repurchase is expected to be completed within three working days from June 29, 2022.
Pfizer announced the submission of a New Drug Application for the anti-coronavirus treatment Paxlovid to FDA
Pfizer announced the submission of a New Drug Application for the anti-coronavirus treatment Paxlovid to the U.S. Food and Drug Administration (FDA) and plans to commercialize it upon approval. As of the end of May 2022, the company had delivered more than 12 million treatment courses of Paxlovid to nearly 40 countries.
Grayscale sues the U.S. SEC after its Bitcoin spot ETF listing application was rejected
Grayscale Investments said that because the U.S. Securities and Exchange Commission (SEC) on Wednesday rejected the company's first Bitcoin spot ETF listing application, Grayscale has filed a lawsuit against the regulator in court.
settles fraud charges! UBS pays US$25 million fine to US SEC
On Wednesday local time, UBS agreed to pay US$25 million to the US Securities and Exchange Commission (SEC) to settle fraud charges related to an options trading strategy. The SEC said that although UBS recognized and documented the potentially significant risks associated with these investments, it did not share this data with advisors or clients, and as a result, some UBS advisors were unable to provide services that were in the best interests of their clients because they did not understand the risks. suggestions.
Pfizer and the U.S. government sign a new agreement to supply a new crown vaccine worth $3.2 billion New crown vaccine
New crown vaccine manufacturer Pfizer and its partner BioNTech (BNTX.US) announced a new new crown vaccine supply agreement with the U.S. government, worth a total of $32 One hundred million U.S. dollars. The U.S. government is currently fully prepared for the possible escalation of the COVID-19 epidemic this fall.
Shell CEO: Tight idle production capacity is expected to continue.
Ben van Beurden, CEO of European energy giant Shell, said on Wednesday local time that due to the serious shortage of currently available idle production capacity, global oil and natural gas will not be stable for some time in the future. The market will enter a "turbulent period" and supply constraints will continue. Van Beurden said that despite the challenges brought about by the economic downturn and the new crown epidemic, global demand for oil and natural gas is still recovering, and the world's refining system is operating at full speed, and the latter is pushing up refinery profit margins, as well as gasoline and the price of refined oil products such as diesel.
U.S. regulators will review FAA's oversight of Boeing 737, 787 production
The Transportation Department of the U.S. Attorney General's Office said on Wednesday it will review the U.S. Federal Aviation Administration's (FAA) oversight of Boeing 737 and 787 production. The government regulator said it would review the procedures followed by aviation regulators.
Nvidia and Siemens team up to develop the industrial metaverse
Siemens and Nvidia have signed a cooperation agreement to create an industrial virtual world for companies to reduce the cost of running factories and speed up the design of new products.
Unity Software is rumored to have laid off hundreds of employees
According to media reports, Unity Software has laid off hundreds of employees in widespread layoffs.
The company develops engines for many popular video game production companies and employs more than 5,000 people.
After layoffs Coinbase re-enters the European market
According to reports, Coinbase is refocusing on expansion in Europe and is registering in markets such as Italy, Spain, France and the Netherlands.
Canadian asset management company Brookfield Asset Management acquires 52.6% stake in AGL Energy
Australia's largest power producer AGL Energy said on Thursday that it has learned that a unit of Canadian asset management company Brookfield Asset Management acquired the company on June 24. Approximately 2.6% of the company's shares.
[Analyst Rating]
BathBody Works: Piper Sandler gave it an overweight rating, believing the company's strong business model and the resilience of the beauty and wellness market.
Duck Creek: Raymond James lowered its price target to $18 from $24 after the company reported mixed third-quarter results and a weaker-than-expected fourth-quarter outlook.
