[Pre-market performance]
Flush (300033) U.S. stocks News As of press time, the Dow futures , which is dominated by blue-chip stocks , rose 0.05%; S&P 500 index futures rose 0.07%, with technology stocks futures for the -based Nasdaq 100 index rose 0.11%.
Popular Chinese concept stocks such as JD.com and Pinduoduo rose before the market opened.
European stock markets fell. As of press time, Germany's DAX index fell 0.16%, France's CAC40 index fell 0.30%, and Britain's FTSE 100 index fell 0.70%. In terms of commodity foreign exchange, as of press time, Brent crude oil rose 1.38% to US$97.81 per barrel.
[Financial News]
The U.S. government plans to stop paying for COVID-19 testing, treatment, and vaccines
According to U.S. media reports, the U.S. government plans to stop paying for COVID-19 testing, treatment, and vaccines, and instead let insurance institutions and the public bear the costs. Ashish Jha, coordinator of the White House COVID-19 Response Task Force, recently stated that the government will stop paying for COVID-19 testing, treatment and vaccines as early as this fall.
[Company News]
JD.com’s Q2 revenue in 2022 is 267.6 billion yuan It rose more than 4% before the market opened.
Jingdong’s Q2 revenue in 2022 was 267.6 billion yuan, compared with 253.8 billion yuan in the same period last year; Q2 net profit was 4.4 billion yuan, compared with 794 million yuan in the same period last year; second quarter adjustment The subsequent revenue per ADS was 4.06 yuan, with an estimated value of 2.81 yuan; the annual active customer accounts in the second quarter were 580.8 million, with an expected value of 598 million; the annual active user accounts in the second quarter were 580 million, with an estimated value of 600 million.
Macy’s Net sales in the second quarter fell 0.8% year-on-year
html On August 23, Macy’s net sales in the second quarter were US$5.6 billion, a year-on-year decrease of 0.8%. Net profit in the second quarter was US$277 million, compared with a forecast of US$239.1 million. Adjusted earnings per share were between $4.00 and $4.20, compared with the previous forecast of $4.53 to $4.95. Net sales for the current fiscal year are expected to be US$24.34 billion to US$24.58 billion, compared with US$24.46 billion to US$24.7 billion previously.Xpeng Motors’ Q2 revenue in 2022 is 7.44 billion yuan
Xpeng Motors Q2 revenue in 2022 is 7.44 billion yuan, market expectations are 7.204 billion yuan, and 3.761 billion yuan in the same period last year. Q2 net loss is 2.70 billion yuan; third-quarter revenue is expected to be 6.8 billion to 7.2 billion yuan; Q3 vehicle delivery is expected to be 29,000 to 31,000 vehicles; the total vehicle delivery volume in the second quarter reached 34,422 vehicles, a year-on-year increase of 98%.
Musk seeks Twitter former CEO Dorsey to testify about his withdrawal from the acquisition case
According to reports, Tesla CEO Musk has subpoenaed Twitter co-founder and former CEO Jack Dole. West testifies to resolve its legal dispute over exiting its acquisition of Twitter.
Total and partners start operations at Segreen wind farm
Total and partner SSE Renewables announced on Tuesday that it has generated electricity for the first time at its Segreen wind farm off the Angus coast of Scotland. Total said the $4.3 billion SEGreen project would be Scotland's largest and the world's deepest fixed-bottom offshore wind farm.
Sony Playstation faces class action lawsuit in the UK or faces £5 billion claim
Sony Playstation is facing a class action lawsuit in the UK. Users led by Alex Neill filed a lawsuit with the Competition Appeal Tribunal in London, accusing the company of abusing its market dominance. status, imposing unfair terms on game developers, resulting in "excessive and unfair" prices being passed on to consumers. Users claim that Sony is "ripping off" consumers by overcharging for games and in-game purchases.
Australian church bans members indefinitely from using Uber
One of the country's largest Christian churches, the Unity Church of Australia, has criticized Uber over low wages and long hours in the gig economy amid concerns about the treatment of drivers and delivery people on the ride-sharing platform. Time has lodged a protest and has banned members from using the platform services indefinitely.The United Church of Victoria and Tasmania in Australia said employees should only use Uber for work needs when taxis and other ride-sharing apps are unavailable, stressing that drivers' treatment as independent contractors failed to meet minimum wage standards and limits on working hours.
Rumor Apple plans to produce iPhone 14 in India to shorten the production time gap with China
On Tuesday, people familiar with the matter revealed that Apple plans to produce iPhone 14 in India about two months after the new iPhone 14 goes on sale; Apple has been working with suppliers to improve The production in India will narrow the gap between the production time of new iPhones in India and China; previously, the production time of new iPhones in India usually lagged behind China by 6 to 9 months.
Ford Motor will lay off 3,000 employees to cut costs to focus on electrification
Media quoted an internal email sent by Ford Motor to employees as saying that Ford will lay off about 3,000 employees, mainly affecting employees in the United States, Canada and India. It marks the company's latest effort to cut costs as it embarks on a longer-term transition to electric vehicles.
[Analyst Ratings]
Aerie Pharmaceuticals: Cantor Fitzgerald downgraded its rating to neutral from overweight after the company announced that it has reached a definitive merger agreement with Alcon .
Civista Bancshare: Stephens raised his price target to $27 from $26, with growth potential in the Columbus market exceeding expectations.
Palo Alto Networks: Royal Bank of Canada (RBC) raised its price target to $700 from $680.
ZoomVideo: Piper Sandler lowered its price target to $91 from $115 after the company reported weak second-quarter revenue growth and pessimistic annual forecasts.
