Negative opening on Wall Street: Nasdaq drops 1.1% – Global

The trading day on Wall Street opened with price declines. US Treasury bond yields reached an annual high of 1.3%, believing the administration would soon pass another incentive program to stabilize the economy. The price of oil also encourages the market, with WTI oil closing at over $ 60 a barrel – for the first time since January 2020.


Key metrics:


S&P 500
-0.61%




S&P 500


closure:3,932.59

opening:3,918.5

High:3,918.5

low:3,907.19

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Dow Jones
-0.36%




Dow Jones


closure:31,522.75

opening:31,485.61

High:31,485.61

low:31,392.36

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NASDAQ
-0.99%




Was founded


closure:14,047.5

opening:13,911.65

High:13,911.65

low:13,905.36

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The data are displayed with a delay of about 15 minutes

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The size of the security cube is determined by the value of the paper

+ 5%

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17/02/2021

Slack Company


SLACK TECHNOLOGIES
0%




SLACK TECHNOLOGIES


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(WORK) and Salesforce


SALESFORCE
+ 0.07%




SALESFORCE


closure:0

opening:248.63

High:248.84

low:248.2

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(CRM) was asked by the U.S. Department of Justice to provide documents regarding the latter’s takeover of the former at close to $ 28 billion. However, in the meantime the deal is expected to take effect at the end of July. Slack shares are down 2.4%.

Although it reported losses in the last quarter, the electric vehicle company, QuantumScape


QUANTUMSCAPE
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QUANTUMSCAPE


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(QS) jumped more than 6% in the pre-market, as investors are optimistic about its developments in the field of multilayer batteries for electric vehicles.

Hilton stock


HILTON WORLDWIDE HOLDINGS INC
0%




HILTON WORLDWIDE HOLDINGS INC


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Is down 2.3% ahead, after reporting a loss of 10 cents a share, compared to the market’s expected earnings of 4 cents a share. The plague of the plague led to a decrease of almost 60% in the income per vacant room.

Israeliness in the center:
Company


Tower (US)
+ 1.97%




Tower (US)


closure:0

opening:33.19

High:33.87

low:33.19

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(NYSE: TSEM) reports earnings of 28 cents a share compared to analysts’ expectations of earnings of 33 cents a share. On the top line, the company reports revenue of $ 345 million compared to expectations of $ 340.9 million. The stock is up more than 3% pre-stock. The company’s sales forecast for the first quarter of 2021 is $ 345 million, with a forecast range of 5% up or down, reflecting 15% growth over the first quarter of 2020 and organic growth of 20%, and anticipating sales growth in each of the following quarters of 2021 The forecast for the first quarter significantly exceeds analysts’ expectations for revenue of $ 330 million. (To the full article)

Company


Weeks
+ 3.05%




Weeks


closure:0

opening:292.29

High:292.75

low:285.41

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(WIX) reports a further 11.5% increase in fourth-quarter 2020 revenue to $ 283 million, the annual adjusted loss was $ 24.2 million, or 44 cents a share. This compares with analysts’ forecast for a adjusted loss of 49 cents per share, compared to an adjusted earnings of $ 59.1 million, or $ 1.17 per share in 2019. The company provides a revenue forecast of $ 1.272-1.286 billion for 2021, which is an additional growth of about 30% compared to 2020, but this is similar to analysts’ forecasts. In the first quarter of the year, the company expects revenues of $ 291-296 million, an increase of about 36% compared to the corresponding quarter last year, compared to the market expectation of revenues of about $ 287.5 million in the first quarter of 2021. (For the full article)

The Israeli renewable energy giant


Solaredge
-1.92%




Solaredge


closure:0

opening:328.51

High:330.4

low:324

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, Up 3% in the pre-quarter after hitting market expectations by 11 cents in the earnings per share line, when it posted 98 cents earnings per share in the last quarter and a strong forecast for the current quarter. (To the full article)

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