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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


Stocks making the biggest moves premarket: CAT, MMM, UTX, GM, AAPL & more

Check out which companies are making headlines before the bell:

Caterpillar – Caterpillar earned an adjusted $1.95 per share for the third quarter, swamping estimates of $1.27 a share. Revenue also beat forecasts, with Caterpillar seeing a significant increase in demand for its construction equipment.

3M – The maker of a wide variety of products including Scotch tape and Post-It notes earned $2.33 per share for the third quarter, 12 cents a share above estimates. Revenue beat estimates as well and 3M also raised its full-year forecast after seeing organic growth across all its business groups.

United Technologies – United Technologies came in four cents a share above estimates, with adjusted third-quarter earnings of $1.73 per share. Revenue was above forecasts, as well. The company also raised its full-year forecast above current Street consensus despite negative pressure from its Pratt & Whitney and Otis Elevator units.

General Motors – The automaker reported adjusted quarterly profit of $1.32 per share, 20 cents a share above estimates. Revenue also beat forecasts. It was the 10th straight quarter that GM beat Street estimates.

McDonald’s– The fast-food giant earned an adjusted $1.76 per share for the third quarter, one cent a share shy of forecasts. Revenue beat estimates, however, as global comparable-store sales rose six percent, while U.S. comps rose 4.1 percent.

Apple – Initial shipments of Apple’s iPhone X will only be 20 million units, half of forecasts, according to a report by Japanese news service Nikkei. The service did not say how it got that information.

Stanley Black & Decker – The tool maker earned an adjusted $1.95 per share for the third quarter, eight cents a share above forecasts. Revenue also beat estimates and the company raised its full-year forecast on broad-based growth across all its categories.

Eli Lilly – The drugmaker came in two cents a share above estimates, with adjusted quarterly profit of $1.05 per share. Revenue topped forecasts, as well. The company also raised its full-year forecast on upbeat sales for its newer drugs and also said it was considering options for its animal health unit.

Whirlpool — The appliance maker missed estimates by eleven cents a share, with adjusted quarterly profit of $3.83 per share. Revenue also missed forecasts, and Whirlpool issued a profit warning because of rising input costs. Separately, an internal memo cited by the Wall Street Journal said retailer Sears is no longer selling Whirlpool appliances – including the Whirlpool, Maytag, KitchenAid, and Jenn-Air brands – because of a pricing dispute.

Amazon.com – Amazon said Amazon studio comedy and drama chief Joe Lewis has stepped down, in yet another executive departure for the unit. Amazon did not give a reason for Lewis’ resignation. Amazon Studios chief Roy Price left earlier this month following harassment allegations.

Microsoft – Microsoft dropped a lawsuit against the U.S. government after the Justice Department changed its rules on alerting customers about requests for their personal information from government agencies. The new rules call for defined time periods rather than open-ended secrecy orders.

Rio Tinto – Rio Tinto is the target of a class action suit involving the company’s investment in a Mozambique coal mining operation. The Securities and Exchange Commission has already filed fraud charges against the company involving that investment, saying executives had inflated the value of those assets and concealing critical information.

Novartis – Novartis reported higher quarterly profit that exceeded analyst forecasts, and the drugmaker also said it had made significant progress toward a possible spinoff of its Alcon eye care unit by the first half of 2019.

Zions Bancorp – Zions missed estimates by a penny a share, with quarterly profit of 72 cents per share, and the regional bank’s revenue also came in below forecasts. Zions said its quarterly results were impacted by Hurricane Harvey, which saw it provide financial relief to affected employees in Texas and set aside additional reserves for any credit-related impact.

Hanesbrands — Hanesbrands was downgraded to “perform” from “outperform” at Oppenheimer, which notes that the apparel maker does not have significant online sales and feels that the holiday season won’t provide much of a sales boost.

General Electric – GE got yet another analyst downgrade, this one from Stifel Nicolaus. The firm points to reduced cash flow expectations and the potential for a dividend cut.

HNI Corp. – HNI reported adjusted third-quarter profit of 82 cents per share, beating forecasts by two cents. However, the office furniture maker’s current quarter and full-year guidance is well below Street forecasts, with HNI citing several challenges including a rapidly changing environment and a difficult operational transformation.

Source: Investment Cnbc
Stocks making the biggest moves premarket: CAT, MMM, UTX, GM, AAPL & more

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