After the market opened on Tuesday, the Dow Jones was trading 0. 20% at 34,767. 20 while the NASDAQ fell 0. 58% to 14,596. 07.
The United States has the number of coronavirus cases and deaths in the world, reporting a total of 35,004,590 cases with approximately 613,220 deaths, India has shown a total of at least 31,695,950 cases and 424,770 deaths, while Brazil has reported more than 19,938,350 cases of COVID. -19 with 556,830 deaths. Overall, there have been at least 198,392,550 cases of international COVID-19 with more than 4,225,600 deaths, according to knowledge compiled through Johns Hopkins University.
Alibaba Group Holding Limited (NYSE: BABA) reported better-than-expected first-quarter earnings, while sales missed estimates.
Alibaba reported quarterly earnings of $2,507 consistent with the stock, beating analysts’ estimates of $2. 24 consistent with the stock. The company’s adjusted net income is $31. 86 billion, compared to the $32. 54 billion expected through analysts. Alibaba also added $five billion to its buyback program.
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Shares of E-Home Household Service Holdings Limited (NASDAQ: EJH) fell 38% to $12. 65 after falling 28% on Monday.
Shares of Neuronetics, Inc. (NASDAQ: STEM) fell 36% to $8. 32 after the company reported disappointing effects in the second quarter and released weak sales forecasts for the third quarter.
Bright Health Group, Inc. (NYSE: BHG) fell 17% to $9. 01 after the company reported a bigger-than-expected loss in the last quarter. Bright Health reported earnings of $4 billion to $4. 2 billion for fiscal year 21.
European stocks rose today. The euro zone’s STOXX 600 rose 0. 3%, Spain’s Ibex index rose 0. 6% and Germany’s DAX 30 gained 0. 2%, while London’s FTSE 100 gained 0. 4%, France’s CAC 40 rose 1. 1% and Italy’s FTSE MIB gained 0. 4%.