Trading Review: Ongoing Reports, Trends, Indices, Stocks, Bonds, Forex and Commodities and Analyst Recommendations
Positive lock on Wall Street: NASDAQ added 0.4%, S&P 500 up 0.3%, and Dow Jones remained unchanged.
Stock Disney Climbed 0.7%, and stock Perrigo Lost 4%.
The declines in the Dow Jones have moderated, and it has remained virtually unchanged. The S&P 500 and the Nasdaq are both up 0.3%. The dating company shares Bumblebee Jumps by 8.4%.
Bitcoin is down 5.2%, and is now worth a little over $ 44,000. Atherium is losing 6.9% and stands at more than $ 3,000.
A Brent oil contract is down 0.1%, reaching $ 71.3 a barrel. Commodity prices in the United States are climbing: contracts for wheat are up 4%, and contracts for corn are up 3.5%.
Trading on Wall Street continues in a mixed trend. The Dow Jones is down 0.1%, and the Nasdaq and S&P 500 are both up 0.1%.
Microsoft Adds 0.9%, Applied Materials Loses 4.5% and company Western Digital Cut by 7.7%.
In New York, trading is on a mixed trend. The Dow Jones is down 0.3%, the Nasdaq is up 0.2% and the S&P 500 remains unchanged.
Stock Dark Increases by 1.7%, Salesforce Adds 1.5% and financial services companies visa andAmerican Express They both lose 1.3%.
European stock markets have closed in a mixed trend. The DAX was up 0.7%, Kak was up 0.4% and the Potsy was down 0.3%.
The share of the German shipping company Delivery Hero fell by 7.5%, and the British insurance company Aviva rose by 3.5%.
Wall Street trading has moved to a mixed trend. Nasdaq moved up slightly 0.1%, the S&P 500 traded unchanged and the Dow Jones was down 0.3%. A mixed trend in Europe as well: Dax up 0.7%, Kak up 0.4% and Potsey down 0.4%. Stokes 600 up .0.1%.
Stock Weeks Loses 2.4%.
The moderate declines on Wall Street continue: Nasdaq is down 0.1%, S&P 500 is down 0.12%, and Dow Jones is down 0.25%. %, And SimilarWeb is moving up and up 1.69%.
Trading in Europe is currently on a mixed trend: the Potsy is down 0.4%, while the CAC is up 0.4% and the DAX is 0.7%.
Stocks down Pioneer Weakened slightly, and now it is losing about 3%.
Trading on the US stock markets opened today with declines: NASDAQ is down 0.2%, S&P 500 and Dow Jones are down 0.1%. Trading in Europe is currently on a mixed trend: Potsey is up 0.8%, Kak is up 0.4% and Dax is down 0.2%. Stokes 600 is up 0.2%.
Stock Pioneer Loses about 6% in trading. This is after the company published its second quarter reports yesterday. The company’s revenues grew by 41.5% to $ 111 million in the second quarter and since the beginning of the year revenues were $ 212 million, a growth of about 32% compared to the corresponding period. The bottom line was adversely affected by an increase in operating expenses and recognition of financial expenses, compared with financial income in the corresponding quarter. The net loss was $ 12.4 million, 86.4% higher than in the same quarter last year. At the half.time level the loss was $ 15.9 million, an increase of 12.6%. The company is profitable on the basis of adjusted EBITDA (profit excluding interest, tax, depreciation and amortization) and the amount for the quarter was $ 674,000, a decrease of 51.2% from the corresponding quarter, although at the half level there was an increase of 83% to $ 8.5 million.
Stock SimilarWeb Decreases by 4.4%. It also published its second quarter reports last night. SimilarWeb revenue grew 48.5% to $ 32.5 million in the second quarter, and in the first half grew 45.7% to $ 61.9 million. The company is unprofitable, showing a quarterly net loss of $ 15.7 million and a loss of $ 27.8 million in the first half – a 4.5.fold increase in the quarter loss compared to the same quarter and nearly three times the loss in the half. Part of the loss is explained by the capital reward, which increased significantly and amounted to half of $ 5.1 million.
Walkmi Decreases by 4.6%. The company, which developed software that simplifies the use of complex enterprise software, grew 28.2% in the second quarter to revenue of $ 46.8 million, and half the amount was $ 89.5 million, an increase of 26.5%. Operating expenses increased and with them the operating loss deepened according to GAAP rules, and on the bottom line, the net loss reached $ 22.5 million in the quarter and $ 46.5 million in the half, significantly higher than the corresponding periods. On a non.GAAP basis, excluding various accounting items, the loss was $ 12.1 million in the quarter and $ 21.7 million in the half.
The US Manufacturers’ Price Index (PPI) stood at 1% in July compared to expectations of an increase of 0.6%. The core index also recorded an increase of 1% compared to expectations of an increase of 0.5%.
The initial claims for unemployment benefits amounted to 375,000 claims, in line with expectations.
Company Redcom , Which provides solutions for communications networks, today published its second.quarter results, in which it presented slightly higher revenues than analysts ‘forecasts, $ 9.8 million, and a small net loss compared to analysts’ forecasts – 2 cents per share, which is about $ 304,000. The loss according to generally accepted accounting principles was $ 1.1 million. The company has confirmed its annual revenue forecast of $ 39.41 million.
CEO Eyal Harari said: “We ended the second quarter with revenue of $ 9.8 million, representing the eighth consecutive quarter of revenue growth on an annualized basis. We continued to implement the company’s strategy, investing in cloud technology, our advanced 5G network and producing a significantly larger number of opportunities. In addition, we promised a number of significant orders from existing customers during the quarter, which will increase our visibility towards the second half of 2021. “
The fintech company Pioneer Published its post.trade reports on Wall Street, falling 11.2% in late trading, despite raising its annual forecast. In the second quarter, the company’s revenues grew by 41.5% to $ 111 million and since the beginning of the year revenues were $ 212 million, a growth of about 32% compared to the corresponding period. The bottom line was adversely affected by an increase in operating expenses and recognition of financial expenses, compared with financial income in the corresponding quarter. The net loss was $ 12.4 million, 86.4% higher than in the same quarter last year.
Walkami is also showing revenue growth but a negative bottom line. The company, which developed software that simplifies the use of complex enterprise software, grew 28.2% in the quarter to revenue of $ 46.8 million and half the amount was $ 89.5 million, an increase of 26.5%. Operating expenses increased and with them the operating loss deepened according to GAAP rules, and the bottom line is that the net loss reached $ 22.5 million in the quarter and $ 46.5 million in the half, significantly higher than the corresponding periods.
Faber Expands its operations and launches a new, subscription.based program designed for freelancers and provides them with advanced tools for running their businesses. Faber has developed and manages a trading platform that allows freelancers to offer their services to clients. The new program it launches, priced at $ 29 a month, will allow freelancers access to a more upgraded package, which will include a dedicated Customer Success Manager that will suit any freelancer with a business growth plan, payment confirmations and faster payments, analytics tools and customer communication tools. The company notes that the new service will allow freelancers to better understand and analyze the state of their business, and offer a better service experience to their clients.
Company Magic Reported today that revenues in the second quarter of 2021 rose by 37.7% to $ 119.2 million, compared to $ 86.5 million in the same quarter last year. Net income attributable to shareholders in the quarter increased by approximately 35.6% and amounted to approximately $ 7.8 million compared to $ 5.7 million in the corresponding quarter last year.
European Stock Exchange Day opened with a mixed trend with a tendency for slight gains. In trading on US stock market indices, stability is evident with a tendency for declines.
An increase in demand and the completion of a recent acquisition lead to growth in the revenues and profits of the defense company Elbit Systems. The company reported today a 20.7% growth in second quarter revenue, which amounted to about $ 1.3 billion, and a 35.6% increase in net profit (Non.GAAP) attributed to shareholders, to a level of $ 93.4 million.
Asian stock markets are trading in a mixed trend today, and trading in US stock market indices is stable. This is after trading on Wall Street closed in a mixed trend last night.
In the commodities segment, a Brent oil contract rose 0.1% to $ 71.5 a barrel. Bitcoin is down 1.4% to $ 45,700.
Following the publication of US inflation data yesterday (a 5.4% increase in the consumer price index in the last 12 months), Ronen Menachem, Mizrahi Tefahot’s chief economist, writes that they “were excellent and good for the markets. They prove the Fed’s assumption that the jump in recent months to a 5% plus rate was partly transitory and partly reflected excessive increases in price items that were depressed for months due to the virus, such as expenditure on transport.vehicles and air transport. I estimate that towards and during 2022, inflation will return to the levels of 2% .3% that the Fed is interested in. “
“We also see this in the yields on US government bonds, which have climbed to over 1.3% in 10 years after the strong employment report, but since then the increases in yields have moderated. In the general index and of 0.3% in the index without food and energy (the core index) – are excellent. In particular, the core index rose less than expected. With each move of reducing the purchases of bonds. In other words, the second quarter data, which reflected the exit from the previous wave (including the rapid improvement in the labor market) will be old news if the corona returns to restricting activity in the US. He has not yet reduced his level of support for the markets, “Menachem writes.