In technology, Alphabet Inc. beat on both the top and bottom lines as advertising revenue surged 43% year over year. Revenue from the company’s YouTube unit saw a modest impact due to Apple’s privacy changes.
Tesla Inc. stocked sustained its upward trend following Uber Technologies Inc. announcement to team up with Hertz Global Holdings Inc. to offer electric vehicles. Hertz will make up to 50,000 fully electric Teslas available for Uber drivers to rent by 2023.
Commodities, West Texas Intermediate crude slid $1.99 to $82.66 a barrel and gold edged up to $5.40 to $1,798.10 an ounce.
European indexes were bearish across the board with France’s CAC 40 losing 0.19% and Britain’s FTSE 100 and Germany’s DAX 30 both falling 0.33%.
In Asia, Japan’s Nikkei 225 slipped 0.03%, China’s Shanghai Composite declined 0.98% and Hong Kong’s Hang Seng index tumbled 1.57%.
SOURCE:
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