📈 Stock Market Today: Inflation worries? Crypto heist for "fun"? Stocks trade mixed
Here's what is happening in the markets today, Thursday, August 12th
Here's what is happening in the markets today, Thursday, August 12th.
- Futures mixed after key PPI data and Unemployment Claims.
- PPI data for July came in higher than expected, with producer prices up 7.8% year over year compared to the 7.3% expected.
- Weekly Unemployment Claims came out inline with expectations with 375,000 Americans filing for unemployment last week.
- Palantir (PLTR) up almost 9% pre-market after reporting earnings that were inline with expectations and a revenue beat with sales up 49% from a year ago.
- eBay (EBAY) own just over 1.0% pre-market after reporting earnings that beat expectations by 0.04 but said they saw a decline in active users and expect a decline in revenue for the current quarter.
- Lordstown Motors (RIDE) reported a bigger earnings loss than expected. But the company says they are still on track for limited production by the end of September.
This wraps up today's stock market news.
If you enjoyed the "Stock Market Today" video, make sure to subscribe to this podcast.
And for more stock market news, visit https://rockwelltrading.com.
#todaysstockmarket #stockmarkettoday #stockmarket
- Futures mixed after key PPI data and Unemployment Claims.
- PPI data for July came in higher than expected, with producer prices up 7.8% year over year compared to the 7.3% expected.
- Weekly Unemployment Claims came out inline with expectations with 375,000 Americans filing for unemployment last week.
- Palantir (PLTR) up almost 9% pre-market after reporting earnings that were inline with expectations and a revenue beat with sales up 49% from a year ago.
- eBay (EBAY) own just over 1.0% pre-market after reporting earnings that beat expectations by 0.04 but said they saw a decline in active users and expect a decline in revenue for the current quarter.
- Lordstown Motors (RIDE) reported a bigger earnings loss than expected. But the company says they are still on track for limited production by the end of September.
This wraps up today's stock market news.
If you enjoyed the "Stock Market Today" video, make sure to subscribe to this podcast.
And for more stock market news, visit https://rockwelltrading.com.
#todaysstockmarket #stockmarkettoday #stockmarket