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Financial Times: Capital Markets

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  • newPalantir forecasts revenue out to 2021 before going public

    Palantir forecasts revenue out to 2021 before going public

    Palantir Technologies Inc. said late Tuesday it expects revenue growth of up to nearly 50%. The company said it expects third-quarter revenue of $278 million to $280 million, or 46% to 47% growth from the year-ago quarter. For the year, Palantir for…
    - 7 hours ago, 22 Sep 20, 5:52pm -
  • newAt Tesla shareholder meeting, honking greets Musk's profit promise

    At Tesla shareholder meeting, honking greets Musk's profit promise

    Tesla Inc. shares added to earlier gains in the extended session Tuesday after Chief Executive Elon Musk said that it is looks "promising" that the Silicon Valley car maker would post annual profits and vowed to release a new, more advanced version…
    - 8 hours ago, 22 Sep 20, 5:41pm -
  • new: Lululemon resumes stock buyback program

    : Lululemon resumes stock buyback program

    Lululemon Athletica Inc. LULU said it will resume its stock buyback program that had been halted because of COVID-19, according to a Securities and Exchange Commission filing late Tuesday. The company said it has $263.6 million in shares left on a re…
    - 8 hours ago, 22 Sep 20, 4:53pm -
  • newAPI data reveal a weekly climb in U.S. crude supplies, sources say

    API data reveal a weekly climb in U.S. crude supplies, sources say

    The American Petroleum Institute reported late Tuesday that U.S. crude supplies rose by 691,000 barrels for the week ended Sept. 18, according to sources. The API data also reportedly showed gasoline stockpiles dropped by 7.7 million barrels, while d…
    - 9 hours ago, 22 Sep 20, 4:43pm -
  • newStocks finish higher as Powell, Mnuchin repeat calls for stimulus

    Stocks finish higher as Powell, Mnuchin repeat calls for stimulus

    U.S. stocks closed higher, snapping a four-day losing streak for two of the three major indexes, as investors attempted to look past rising coronavirus case counts around the world and intensifying political tensions in Washington. The Dow Jones Indu…
    - 9 hours ago, 22 Sep 20, 4:03pm -
  • newOil futures finish higher ahead of data expected to show a weekly decline in U.S. crude supplies

    Oil futures finish higher ahead of data expected to show a weekly decline in U.S. crude supplies

    Oil futures finished higher on Tuesday ahead of data that are expected to show a second straight weekly decline in U.S. crude supplies. On average, analysts polled by S&P Global Platts expect the Energy Information Administration on Wednesday to repo…
    - 10 hours ago, 22 Sep 20, 2:57pm -
  • newNasdaq's big bounce comes despite just a minority of stocks gaining ground

    Nasdaq's big bounce comes despite just a minority of stocks gaining ground

    The Nasdaq Composite bounced 1.1% in afternoon trading Tuesday, putting it on track to snap a four-day losing streak in which its slumped 3.7%, but the rally comes despite most stocks trading lower. The number of declining stocks on the Nasdaq excha…
    - 11 hours ago, 22 Sep 20, 2:01pm -
  • newGold futures end lower for a second session

    Gold futures end lower for a second session

    Gold futures fell Tuesday to tally a second loss in a row, with strength in the U.S. dollar continuing to pressure dollar-denominated prices for the metal. December gold fell $3, or 0.2%, to settle at $1,907.60 an ounce following a loss of 2.6% on M…
    - 12 hours ago, 22 Sep 20, 1:43pm -
  • newXPeng shares jump after J.P. Morgan starts coverage at 'buy' rating

    XPeng shares jump after J.P. Morgan starts coverage at 'buy' rating

    American depositary shares of China-based electric-car maker XPeng Inc. jumped more than 5% Tuesday after J.P. Morgan analysts started their coverage of the stock at the equivalent of buy with a price target of $27. "We expect XPeng ... to benefit f…
    - 12 hours ago, 22 Sep 20, 1:35pm -
  • newU.S. death toll from COVID-19 tops 200,000, JHU says

    U.S. death toll from COVID-19 tops 200,000, JHU says

    The U.S. death toll from COVID-19 has topped 200,000, according to data aggregated by Johns Hopkins University, and makes up about one-fifth of the global total which is approaching one million. The new case tally has increased to 6,867,960 worldwide…
    - 12 hours ago, 22 Sep 20, 1:10pm -
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