— Shares of General Mills added 1.7% in the premarket after the food company reported better-than-expected quarterly earnings. General Mills posted adjusted earnings of 99 cents per share compared with the analyst consensus of 89 cents per share, according to StreetAccount. Quarterly revenue also topped projections.
— Adobe shares fell 3.7% in early morning trading despite the software company's quarterly financial results beating Wall Street expectations. The company reported earnings of $3.11 per share on revenue of $3.94 billion. Analysts expected earnings of $3.01 per share on revenue of $3.89 billion, according to Refinitv.
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The Wall Street debt machine pauses as China’s property woes rattle stocks, crypto, memes and moreThe largest part of the nearly $10.6 trillion U.S. corporate bond market sat idle on Monday as investors watch for spillover from the debt woes of China's... wow
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Stocks drop the most since May on worries over China, FedStocks on Wall Street closed sharply lower Monday, mirroring losses overseas and handing the S&P 500 index its biggest drop in four months. Worries about heavily indebted Chinese real estate developers — and the damage they could do to investors worldwide if they default — rippled across markets. Yup fake market crash But Biden said he was building back better this is good new project minting will be .08 but free if you own one. NFT CryptoDiamonds
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