Trade overview: current reports, trends, indices, stock prices, bonds, foreign exchange and commodities and analyst recommendations
23:00
The trading day on Wall Street closed with a mixed trend. The Nasdaq index, which started the day with an increase of about 1%, recorded a decrease of about 0.6% at the end, while the Dow Jones recorded an increase of 0.1%.
Disney stood out with a 4.7% increase, share AMC jumped by 7.3% and Occidental Petroleum stood out with an increase of 4.5%.
Among the Israeli stocks, Vakmi, Dario, Risquiped And Monyid, on the other hand, recorded sharp declines in Outbrain, Iron Sources Ofco and Kaltura.
21:35
Mixed trend on Wall Street. The Nasdaq went down slightly and the Dow Jones rose by 0.3%.
Among the Israeli stocks, there are sharp declines his horizon , Iron Sources , Klatura , A celebrity Liveperson and Nice.
20:15
Sonos shares plunge 24% after the company released weak reports. Neo on the other hand, stands out in a sharp increase.
Energy stocks, among them misfortune andDevon Energy , stand out in sharp rises. The oil contracts register increases of more than 2%.
After you have joined Cyberark published reports in Oppenheimer say that the company published “strong results above expectations, with an acceleration in the rate of growth in light of the progress of the transition to a subscription model in the cloud, and raised its forecasts for the entire year 2022. The company presented an impressive growth of 144% in subscriptions (including 171% growth in cloud activity) and accelerated growth of 48% in total ARR. CyberArk’s activity enjoys strong demand for corporate user identity security solutions in a variety of fields and is not affected by macro trends, with a minor impact from exchange rates. We believe that CyberArk will become a leading player in the user identity security market and maintain the Outperform recommendation with Target price of $170 per share.”
18:50
European stock markets closed in a mixed trend. In New York, the increases are moderated, the Nasdaq index rises by about 0.1% and the Dow Jones advances by 0.6%.
Outbrain Falling 21% after the company lowered its annual forecast again. The company expects to end 2022 with net revenues (excluding traffic acquisition costs) of $228 million, compared to the forecast that was reduced in the previous quarter to $270-290 million.
company Urogen Pharma reported today that net revenues from the Jelmyto product in the second quarter of 2022 amounted to approximately $16.6 million, compared to approximately $13 million in the corresponding period in 2021. The net loss in the second quarter was approximately $26.7 million compared to a loss of approximately $26.2 million in the first quarter the equivalent in 2021.
17:00
The increases in New York are getting stronger. The Nasdaq index rises by about 1% and the Dow Jones advances by 0.7%. In Europe, the trend is mixed.
Cornit Digital continues the positive momentum and rises another 4%, Lemonade jumps by 7.8% and Faber increases by 8.3%.
Oil contracts register increases of 1.3%-1.5% and gold maintains stability.
In the crypto market, the sharp increases continue: Bitcoin jumps by more than 7% to the level of 24.7 thousand dollars, and Ethereum soars by 14% to 1,915 dollars.
16:31
The positive trend on Wall Street continues today at the opening of trading. The Nasdaq index rises by about 0.8% and the Dow Jones advances by 0.6%.
stock Disney Jumps 8% after the reports it published last night after the end of trading.
Among the Israeli stocks, gains stand out Faber , Risquiped and Sentinel One.
company Dario Health announced today that a national health plan has chosen Dario’s behavioral health solution in order to drive the self-service of its insured in the field of mental health and well-being. Dario’s solution will be part of the program’s platform in the field of behavioral health, in order to increase the use of digital navigation, digital self-help and training.
“We are excited to partner with the program to provide a digital user experience that is easier and more user-friendly. Our ability to quickly and conveniently connect people to the right care for them, with proven, evidence-based measures, will make it easier for the insured to improve their health. We anticipate that in the coming years we will reach almost 10 million policyholders who will use Dario’s solution in the field of behavioral health. The agreement between the plan and Dario is expected to begin generating potential revenue in the third quarter of 2022, with a broad rollout expected to begin in 2023,” said Rick Anderson, President and CEO of North America at Dario Helt ‘.
15:33
US Macro: The producer price index (PPI) recorded a 0.5% decrease in July compared to an expected increase of 0.2%. The core index rose by 0.2% compared to an expected increase of 0.4%.
Initial claims for unemployment benefits last week stood at 262,000 compared to economists’ expectations of 264,000 claims.
14:25
The content recommendations company Outbrain Reduces its annual forecast again. The company expects to end 2022 with net revenues (excluding traffic acquisition costs) of $228 million, compared to the forecast that was reduced in the previous quarter to $270-290 million. Outbrain expects to record an adjusted EBITDA (earnings excluding interest, tax, depreciation and amortization) of at least $18 million this year, while the previous forecast spoke of $50-60 million. EBITDA may be negative in the third quarter of the year. Yesterday the competitor tabula Reduced the revenue forecast but left unchanged the profit forecasts for this year.
In the second quarter Outbrain’s revenues increased by a modest rate of 1.5% to approximately 251 million dollars, higher than analysts’ forecasts. Net revenues fell by 11% to $59.3 million, and it went from a profit to a net loss of $10.3 million. EBITDA was positive at $5.9 million, compared to $24.6 million in the corresponding quarter.
13:35
Trading in European stock exchanges continues to be conducted in a mixed trend. Stability is recorded in Frankfurt and Amsterdam, while in London the FTSE index retreated by about 0.2%. The CAC index in Paris also falls by a similar rate, and the Euro Stoxx 50 loses 0.1%.
The contracts on Wall Street are climbing at moderate rates, the contracts on the Dow rise by 0.3% and the Nasdaq by 0.1%. Walt Disney continues to gather interest after the report and flew over 8% in early trading, and on the other hand the amusement parks giant Six Flags Drops close to 14% after publishing results. The company updated that the total revenues in the second quarter amounted to 435 million dollars, a decrease of 5% compared to last year, when the revenues of the parks themselves fell by 36%. Adjusted net income amounted to 53 cents per share, compared to 81 cents last year.
Slight increases of up to 0.7% are recorded in the crude oil market. Brent traded around $98.1 per barrel and US oil for $92.5 per barrel.
11:40
The European stock markets are changing direction and the gains are slowly being wiped out, at least in the main indexes. Dax sheds 0.2%, FTSE with a more moderate decline of 0.1% while KAC rises 0.1%. Euro Stox 50 unchanged, in Madrid and Milan increases of 0.4% are recorded.
In Hong Kong, trading closed with a sharp increase of 2.4%, with technology stocks leading the trend, led by Xiaomi and Alibaba.
Contracts on Wall Street rise up to 0.2%, a moderation compared to the increases recorded previously. In the US government bond market, the 10-year bond yield is at 2.77%, the two-year bond yield is slightly down to 3.18%.
Walt disney Stands out for the better with a jump of over 7% in early trading, this after it pleasantly surprised in the quarterly reports and beat all forecasts – and at the same time overtook Netflix in the total number of subscribers in its streaming services (which also include Hulu and ESPN).
10:10
Trading on the European stock exchanges opened with a positive trend, with the increases relatively moderate: DAX increases by 0.2%, CAC by 0.5%, while the British FTSE is stable or fluctuates between an increase and a slight decrease. The European benchmark Euro Stoxx 50 is up 0.5%. At the same time, in Hong Kong the strong increase continues, and the Hang Seng index adds 2.1%.
On Wall Street, the increases of the futures are getting stronger. Contracts on the Nasdaq rise by 0.6%, on the Dow Jones and the S&P 500 climb by 0.4%.
In the crypto market, the sharp increases continue: Bitcoin jumps by more than 7% to the level of 24.5 thousand dollars, and Ethereum soars by 12% to 1,883 dollars. The smaller coins, including Ripple, Solna, Dogecoin and Cardano, are also joining the trend with significant increases.
07:50
Asian stock markets are running on a positive trend. The Hang Seng index jumps by 2%, in China the Shanghai index adds 1.2%, and Shenzhen increases by 1.5%, in Australia the ASX 200 index climbs by 0.9%. In Tokyo, the stock market is off for a holiday.
In Hong Kong, the technology stock Lenovo stands out positively, advancing by nearly 5%, Xiaomi and Alibaba are up by about 3% each. In South Korea, Samsung adds about 0.8%.
On Wall Street, futures are climbing moderately after closing the trading day last night with strong gains. The Nasdaq index flew by 2.9%, the S&P 500 index climbed by 2.1%, and the Dow Jones rose by 1.6%.
The increases were triggered by macro data that indicated a moderation in the rate of price increases in the US. The inflation rate dropped to 8.5% on an annual basis in July, compared to an increase of 9.1% in June. The consumer price index remained unchanged in July compared to expectations that it would increase by 0.2%, and the core index climbed by 0.3% compared to an expectation that it would add 0.5% (an increase of 5.9% in the last 12 months compared to an expectation of 6.1%). The positive trend change originates, among other things, from a 7.7% decrease in the price of fuel, which had soared in previous months. However, fuel is still 44% more expensive than it was a year ago.
Walt disney released reports last night after the closing bell on Wall Street and beat market expectations. It ended the late trading phase with an increase of nearly 7%. Revenues in the quarter amounted to $21.5 billion, when the forecasts were about $21 billion, and the adjusted profit reached $1.09 per share compared to expectations of 96 cents per share.
The company was particularly surprising with the addition of 14.4 million subscribers to the streaming service Disney Plus, when estimates were for an increase of 10 million subscribers. In total, including the subscribers of the subsidiaries Hulu and ESPN, the number of subscribers at the end of the quarter was 221.1 million – for the first time more than the number of Netflix subscribers (which was 220.7 million at the end of June). At the same time, the company announced an increase in the price of a Disney Plus subscription in the US by 38% to $10.99 (an increase of $3 per month), and in December will soon launch a discounted ad-based subscription that will cost $7.99 (the price of a regular Disney Plus subscription today, before the increase ).
The reports of the electric car manufacturer are expected to be published today Rivian (and here are the predictions), and among the Israelis they will publish A celebrity , Wakmi andPioneer .
The crypto market also joins the positive momentum in the markets. Bitcoin rises by more than 6% to the level of 24.3 thousand dollars, Ethereum jumps by 12% and trades around 1,880 dollars.
In the trading arena for crude oil contracts, moderate decreases of up to 0.5% are recorded. Brent oil traded around $97.1 per barrel and American oil for $91.5.