Half-day market update: Alcon rises after quarter results; NexPoint Real Estate Finance Inventory Slide

Midway through Wednesday’s session, the Dow Jones was trading 0. 12% at 35,299. 82 while the NASDAQ fell 0. 01% to 14,654. 93.

The United States has the number of coronavirus cases and deaths in the world, reporting a total of 37,017,890 cases with approximately 623,320 deaths, India has shown a total of at least 32,285,850 cases and 432,510 deaths, while Brazil has reported more than 20,416,180 cases of COVID. -19 with 570,590 deaths. Overall, there have been at least 208,653,610 cases of international COVID-19 with more than 4,383,330 deaths, according to knowledge compiled through Johns Hopkins University.

Target Corporation (NYSE: TGT) on Wednesday reported better-than-expected second-quarter earnings.

Target reported quarterly adjusted earnings of $3. 64 consistent with the stock, making analysts’ expectations of $3. 49 consistent with the stock. The company’s quarterly sales were $25. 16 billion, to an estimated $25. 08 billion. The company also announced a $15 billion purchase plan.

 

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Shares of NexPoint Real Estate Finance, Inc. (NYSE: NREF) fell 10% to $20. 75 as the company valued its offering of 2 million non-unusual shares at $21 according to the stock.

Shares of Tuya Inc. (NYSE: TUYA) fell 18% to $12. 37 after the company released its quarterly results. Non-GAAP loss through ADS of ($0. 04), while the company reported a profit expansion of 118% year-on-year. at the time of the fiscal year 21 quarter to $84. 7 million, surpassing analyst consensus of $78 million. Tuya sees a profit of $83 million in the third quarter – $86 million under analyst consensus of $109. 9 million.

America’s Car-Mart, Inc. (NASDAQ: CRMT) was down 12% at $142. 33 despite the announcement of positive earnings and sales for the first quarter.

 

The euro zone’s STOXX 600 index rose 0. 1%, Spain’s Ibex index rose 1. 19% and Germany’s DAX 30 gained 0. 23%, while London’s FTSE 100 lost 0. 28%, France’s CAC 40 fell 0. 71% and Italy’s FTSE MIB gained 0. 52%.

The uk customer value inflation rate fell to 2. 0% year-on-year in July from 2. 5% last month, while manufacturers’ values rose 4. 9% year-on-year in July.

 

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