Straits Times Index
3,264.53 -35.51 (-1.08%) S&P 500
5,178.04 -9.66 (-0.19%) Dow
38,950.29 +66.03 (+0.17%) Nasdaq
16,267.30 -65.25 (-0.40%) Bitcoin USD
62,473.27 -1,009.41 (-1.59%) CMC Crypto 200
1,328.26 +33.59 (+2.59%)
SHOP May 2024 75.000 put
| Previous close | 2.8400 |
| Open | 0.8900 |
| Bid | 0.0100 |
| Ask | 0.8100 |
| Strike | 75.00 |
| Expiry date | 2024-05-03 |
| Day's range | 0.4800 - 1.9300 |
| Contract range | N/A |
| Volume | |
| Open interest | 454 |
- Yahoo Finance Video
The growth stocks under pressure after reporting earnings
A variety of growth stocks are taking a hit in Wednesday's morning session, including Affirm (AFRM), Shopify (SHOP), Uber (UBER), and Upstart (UPST), after reporting earnings. Catalysts Anchors Seana Smith and Madison Mills comment on the market conditions weighing on stocks this earnings season. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Uber earnings, Fedspeak: What to Watch
Here are some of the key events to watch for on Wednesday, May 8th. First quarter earnings season continues, with several companies scheduled to release their financial results, including Uber (UBER), Airbnb (ABNB), and AMC Entertainment (AMC). Additionally, Federal Reserve officials, including Fed Vice Chair Philip Jefferson, Boston Fed President Susan Collins, and Fed Governor Lisa Cook, will provide insight into inflation and the path for interest rates. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith
Barrons.comShopify Earnings Topped Estimates. Why the Stock Is on Track for Worst Day on Record.
On an unadjusted basis, the company reported a loss for the quarter and said the sale of its logistics business would weigh on revenue growth in the second quarter.
