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Amazon says this Prime Day was its biggest shopping event ever Kudlow says President Trump is 'so dissatisfied' with China trade talks that he is keeping the pressure on As stocks regain their footing, an ominous warning looms Goldman Sachs downgrades Clorox to sell, says valuation is 'unsustainably high' How Satya Nadella has spurred a tripling of Microsoft's stock price in just over four years Kudlow says economic growth could top 4% for 'a quarter or two,' more tax cuts could be coming The one chart that explains Netflix’s stunning comeback US housing starts plunge 12% in June to a nine-month low Aerospace titans Boeing and Airbus top $110 billion in orders at Farnborough Target uses Prime Day to its advantage, logging its 'biggest online shopping day' so far this year Billionaire Marc Lasry sees bitcoin reaching up to $40,000 as it becomes more mainstream and easier to trade These are the 10 US airports where you're most likely to be hacked Amazon shares slightly higher as investors await Prime Day results Wreck of Russian warship found, believed to hold gold worth $130 billion A bullish ‘phenomenon’ in bond market is weeks away from fading, top credit strategist says Stocks making the biggest moves premarket: MS, GOOGL, TXN, UAL, NFLX & more Twitter shares up 50% since late April means most upside priced in, analyst says in downgrade EU fines Google $5 billion over Android antitrust abuse Mortgage applications fall 2.5% as buyers struggle to find affordable homes America may not have the tools to counter the next financial crisis, warn Bernanke, Geithner and Paulson Investors are getting spooked as the risk of a no-deal Brexit rises EU expected to fine Google $5 billion over Android antitrust abuse Ex-FBI chief James Comey urges Americans to vote for Democrats in midterm elections Elon Musk apologizes to British cave diver following baseless 'pedo guy' claim Disney, Comcast and Fox: All you need to know about one of the biggest media battles ever Xiaomi shares notch new high after Hong Kong, mainland China stock exchanges reach agreement The trade war is complicating China's efforts to fix its economy European markets set for a strong open amid earnings; Google in focus Hedge fund billionaire Einhorn places sixth in major poker tournament The biggest spender of political ads on Facebook? President Trump Asian stocks poised to gain after Fed's Powell gives upbeat comments; dollar firmer Stocks are setting up to break to new highs Not all FAANG stocks are created equal EU ruling may be too little, too late to stop Google's mobile dominance Cramer explains how Netflix's stock managed to taper its drop after disappointing on earnings Airbnb condemns New York City's 'bellhop politics,' threatens legal retaliation Amazon sellers say they were unfairly suspended right before Prime Day, and now have two bad choices Investor explains why 'duller' tech stocks can have better returns than 'high-flying' tech names Elon Musk is 'thin-skinned and short-tempered,' says tech VC Texas Instruments CEO Brian Crutcher resigns for violating code of conduct Google Cloud Platform fixes issues that took down Spotify, Snapchat and other popular sites Uber exec: We want to become the 'one stop' transportation app 'What a dumb hearing,' says Democrat as Congress grills tech companies on conservative bias Amazon shares rebound, report says Prime Day sales jumped 89 percent in first 12 hours of the event How to put your medical history on your iPhone in less than 5 minutes Investment chief: Watch these two big events in 2018 Even with Netflix slowing, the market rally is likely not over Cramer: Netflix subscriber weakness debunks the 'sky's the limit' theory on the stock Netflix is looking at watch time as a new area of growth, but the competition is stiff Why Nobel laureate Richard Thaler follows Warren Buffett's advice to avoid bitcoin Rolls-Royce is developing tiny 'cockroach' robots to crawl in and fix airplane engines After Netflix plunge, Wall Street analysts forecast just tame returns ahead for the once high-flying FANG group Roku shares rise after analyst raises streaming video company's price target due to customer growth China is investing 9 times more into Europe than into North America, report reveals Amazon says US Prime Day sales 'so far bigger than ever' as glitch is resolved Netflix is on pace for its worst day in two years US lumber producers see huge opportunity, rush to expand San Francisco to consider tax on companies to help homeless Homebuilder sentiment, still high, stalls as tariffs, labor and land drive up costs Powell backs more rate hikes as economy growing 'considerably stronger' Netflix history is filled with big stock declines – like today – followed by bigger rebounds Intel shares get downgraded by Evercore ISI due to rising competition from Nvidia, AMD Petco aims to reinvent the pet store with something you can't buy online Genetic testing is coming of age, but for consumers it's buyer beware Tech 'FAANG' was the most-crowded trade in the world heading into the Netflix implosion, survey shows Netflix weak subscriber growth may indicate a 'maturity wall' that could whack the stock even more: Analyst This chart may be predicting the bull market's demise Wall Street says Netflix's stock plunge is a ‘compelling’ buying opportunity because the streaming giant ‘never misses twice’ Tesla sinks after Musk tweets, again Boeing announces new division devoted to flying taxis Stocks making the biggest move premarket: NFLX, UNH, GS, AMZN, WMT & more Deutsche Bank downgrades Netflix, but says big subscriber miss is not 'thesis changing' IBM is experimenting with a cryptocurrency that’s pegged to the US dollar North Korea and Zimbabwe: A friendship explained Virgin Galactic spinoff Orbit to launch rockets from the UK with space deal Artificial intelligence will create more jobs than it destroys? That’s what PwC says ‘Treasonous’ Trump and ‘Putin’s poodle:' Scathing headlines follow the Trump-Putin summit China’s fintech companies offer ‘enormous’ opportunity, investment manager says Trump's performance at summit with Putin was 'unprecedented,' experts say Walmart and Microsoft link up on cloud technology as they both battle Amazon European stocks seen mixed amid earnings; Fed’s Powell to address Congress How I knew I should quit my day job and run my start-up full-time: Viral website founder China's stocks have been trounced, but the trade war may ultimately be good news for those shares Billionaire tech investor Peter Thiel bets on crypto start-up Block.one Asian shares subdued open after mixed close on Wall Street; energy stocks under pressure Amazon cloud hits snags after Amazon Prime Day downtime Netflix isn't doomed by one quarter unless people start questioning the long-term investor thesis Tech stocks set to sink on Tuesday after rough evening for ‘FANG’ Netflix plummets after missing big on subscriber growth This wristband lets humans control machines with their minds The U.S. has a rocky history convincing Russia to extradite computer criminals Amazon suffers glitches at the start of Prime Day Jeff Bezos is now the richest man in modern history 'The United States has been foolish': Read Trump and Putin's full exchange Goldman Sachs recommends these 5 highly profitable companies — including Nvidia — to combat rising inflation Goldman Sachs releases 'tactical' stock picks for this earnings season Three red flags for Netflix ahead of its earnings report The bond market may be raising recession fears, but don't expect one anytime soon Cramer: Banks are 'making fortunes' but are still as hated as they were during the financial crisis Putin told Trump at summit: Russia never meddled in US election

Investment

Stocks making the biggest moves premarket: AMZN, BRKB, JPM, AAPL, BX, TSLA & more

Check out which companies are making headlines before the bell:

Amazon, Berkshire Hathaway – The two companies and JPMorgan Chase have announced a partnership to explore ways to address health care concerns for their US employees. The stated goal of the partnership is improving employee satisfaction and reducing costs. The news has hit the shares of pharmacy benefit managers like Express Scripts, CVS Health, and UnitedHealth, as well as insurers and drug store operators.

Pfizer – The drugmaker reported adjusted quarterly profit of 62 cents per share, 6 cents a share above estimates. Revenue beat forecasts, as well. Pfizer also gave an upbeat 2018 forecast, and became the latest company to announce employee bonuses and increased investment stemming from the new tax law.

Aetna – The insurer earned an adjusted $1.25 per share for the fourth quarter, 5 cents a share above estimates. Revenue topped forecasts and Aetna, which is the process of being acquired by CVS Health, saw profit jump more than 75 percent compared to a year earlier.

Corning – The glass and fiber optic components maker beat estimates by 2 cents a share, with adjusted quarterly profit of 49 cents per share. Revenue also beat forecasts. The results were driven by strong demand for Corning’s Gorilla Glass used in smartphones and other products.

PulteGroup – The home builder matched forecasts with adjusted quarterly profit of 85 cents per share, but revenue missed Street forecasts. The company reported a more than 12 percent increase in revenue, as it sold more homes at higher prices.

JPMorgan Chase – The bank announced that Chief Executive Officer Jamie Dimon will stay on for about five more years. The company also promoted executives Daniel Pinto and Gordon Smith as co-presidents and co-chief operating officers. Both have been mentioned as potential successors to Dimon.

Maxim Integrated – Maxim is in talks to be acquired by Japan-based chipmaker Renesas, according to sources who spoke to CNBC. A deal for the US chip company could be worth about $20 billion, although a deal is not imminent and may not happen.

MetLife – MetLife postponed its fourth-quarter earnings release and said it would revise some of its prior financial reports. The insurer took that action due to overdue monthly pension benefits, and said it planned to increase its reserves up to $575 million to cover the expense. MetLife also said the Securities and Exchange Commission has inquired about the pension matter.

Rambus – Rambus reported in-line quarterly earnings at an adjusted 19 cents per share. The chipmaker’s revenue was slightly above forecasts, however Rambus gave a weaker-than-expected current-quarter outlook.

Revlon – The cosmetics maker’s CEO Fabian Garcia is stepping down from that post in February. Board member Paul Meister will take over temporarily while Revlon searches for a new CEO. Garcia had joined Revlon from Colgate-Palmolive in 2016.

Tesla – Tesla engineer Ernest Villanueva left the company last year, according to a CNBC report. Villanueva helped design the batteries that power Tesla cars, and holds other patents as well.

Apple – Apple supplier Murata Manufacturing said a Monday report of a 50 percent production cut for the iPhone X appears to be overstated. The Japan-based company said it had not seen that large a drop in component orders from Apple.

Blue Apron, HelloFresh – HelloFresh, a key competitor for meal kit service, Blue Apron, said it is seeing a pickup in revenue growth. The German firm said it hoped to break even by the end of year and said sales had picked up in the U.S., its biggest market.

SAP – SAP saw 2017 results on the lower side of analysts’ forecasts, after the business software company’s CEO had forecast a “dynamite” fourth quarter for the company’s cloud business. Separately, SAP announced the acquisition of cloud-based sales management software maker Callidus Software for $2.4 billion.

Blackstone – The private-equity firm is in talks to buy a roughly 55 percent stake in the financial and risk business of Thomson Reuters, according to a Reuters report quoting sources familiar with the matter.

Och-Ziff Capital Management – Och-Ziff director William Barr will depart the board, amid a battle for control of the hedge fund firm. An SEC filing said that Barr’s decision stemmed from a disagreement over CEO succession.

Microsoft – Microsoft issued an emergency security update designed to disable an Intel patch. The patch had been designed to fix problems with one of Intel’s chips, but caused computers to reboot an excessive number of times.

Wynn Resorts – The casino operator’s stock remains on watch after representatives of CEO Steve Wynn met with Macau’s gaming regulator over claims of sexual harassment. Wynn has denied the allegations.

Stein Mart – The discount retailer said it would explore strategic alternatives, given a challenging retail environment. Stein Mart said it would not provide any further updates until a transaction takes place or if the board determines such disclosure is appropriate.

Source: Investment Cnbc
Stocks making the biggest moves premarket: AMZN, BRKB, JPM, AAPL, BX, TSLA & more

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