The most important news, trends and analyzes that investors need to start their trading days are:
1. Stock exchanges before the June wage report
Traders will be trading on Nov. 4 on the New York Stock Exchange floor. 2020.
NYSE
2. Economists estimate that 706,000 jobs will be created in June
The company will advertise a sign asking for help on April 9, 2021 in Pavtaket, Rhode Island.
Spencer Platt | Getty Images
All attention is focused on the June job report as investors are researching how to save the U.S. labor market from devastation caused by the coronavirus pandemic; is improving more slowly than expected so far. According to Dow Jones, economists expect 706,000 non-farm jobs were added in June and the unemployment rate fell from 5.8 percent to 5.6 percent. The average hourly wage is expected to grow by 0.3% in June and 3.6% for the year. The Department of Labor’s April and May job reports disregarded Wall Street’s expected results.
3. Robinhood files for the much-anticipated initial public offering
Pavlo Gonchar | LightRocket | Getty Images
Robinhood ended the first three months of this year with a loss of $ 1.4 billion, due to an emergency fundraiser that ended in January at the height of the GameStop rage provided by Reddit. Revenue for the quarter rose 309 percent to $ 522 million, up from $ 128 million in the first quarter of 2020. About 38 percent of Robinhood’s revenue comes from an option trading account. 25% of earnings fall on shares, crypto – 17%.
Founded in 2013, the company plans to raise $ 100 million in its IPO. It is listed on the Nasdaq and plans to trade under the “HOOD” label.
4. Virgin Galactic is planning to launch Richard Branson into space on July 11th
Sir Richard Branson stands on the New York Stock Exchange (New York Stock Exchange) ahead of the U.S. Virgin Galactic (SPCE) trade on October 28, 2019 in New York.
Richard Branson Virgin Galactic IPO NYSE
5. Toyota beat GM in the U.S. for the first time in the quarter
The Toyota Tundra pickup will be on display at the San Jose Motor Show in California.
Yichuan Cao | NurPhoto | Getty Images
The automotive industry is managing a shortage of semiconductors, disrupting production schedules at a time when consumer demand for new vehicles is strong. Toyota and other Japanese automakers have so far managed chip failure better than their U.S. competitors.
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