{"id":33543,"date":"2023-07-10T05:21:45","date_gmt":"2023-07-10T09:21:45","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/alibaba-meta-icahn-enterprises-delta-jpmorgan-and-more-stock-market-movers\/"},"modified":"2023-07-10T05:21:46","modified_gmt":"2023-07-10T09:21:46","slug":"alibaba-meta-icahn-enterprises-delta-jpmorgan-and-more-stock-market-movers","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=33543","title":{"rendered":"Alibaba, Meta, Icahn Enterprises, Delta, JPMorgan, and More Stock Market Movers"},"content":{"rendered":"
\n
<\/p>\n
<\/p>\n<\/figure><\/div>\n

Stock futures pointed to a weaker start for Wall Street on Monday\u00a0as investors looked ahead to U.S. inflation data this week and the start of second-quarter earnings season.\u00a0<\/p>\n

These stocks were poised to make moves Monday:<\/p>\n

\n

American depositary receipts of
\n Alibaba
\n (BABA) were falling 1.2% in premarket trading. The U.S.-listed shares of the Chinese e-commerce giant jumped 8% on Friday after China\u2019s financial regulators levied a fine of nearly $1 billion on Alibaba affiliate Ant Group. The move signals that regulatory pressures on Ant Group and the larger Chinese tech sector could finally be drawing to a close. Ant Group, meanwhile, said it would buy back up to $6 billion in stock.<\/p>\n

\n Meta Platforms
\n (META) dipped 0.4% as Threads, the company\u2019s microblogging app and Twitter rival, has surpassed 100 million users since its launch on Wednesday. <\/p>\n

\n Icahn Enterprises
\n (IEP) was rising 4.6% after The Wall Street Journal reported that Carl Icahn, the activist investor, and major banks finalized amended loan agreements that untie his personal loans from the trading price of the company\u2019s shares, a key risk that was raised by short-seller Hindenburg Research. <\/p>\n

Earnings reports are expected Monday from
\n Helen of Troy
\n (HELE), which sells products such as Revlon cosmetics and Pur water filters,
\n WD-40
\n (WDFC), the maintenance and cleaning products company, and membership-based retailer
\n PriceSmart
\n (PSMT).<\/p>\n

Earnings season kicks into high gear later in the week with reports from
\n PepsiCo
\n (PEP) and
\n Delta Air Lines
\n (DAL) on Thursday, and
\n JPMorgan Chase
\n (JPM),
\n Wells Fargo
\n (WFC),
\n Citigroup
\n (C),
\n UnitedHealth
\n (UNH), and
\n BlackRock
\n (BLK) on Friday.<\/p>\n

Write to Joe Woelfel at\u00a0joseph.woelfel@barrons.com\u00a0<\/p>\n<\/p><\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Stock futures pointed to a weaker start for Wall Street on Monday\u00a0as investors looked ahead to U.S. inflation data this week and the start of second-quarter earnings season.\u00a0 These stocks were poised to make moves Monday: American depositary receipts of Alibaba (BABA) were falling 1.2% in premarket trading. The U.S.-listed shares of the Chinese e-commerce […]<\/p>\n","protected":false},"author":1,"featured_media":25858,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-33543","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-markets","tag-featured","post_format-post-format-gallery"],"yoast_head":"\nAlibaba, Meta, Icahn Enterprises, Delta, JPMorgan, and More Stock Market Movers | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Stock futures pointed to a weaker start for Wall Street on Monday\u00a0as investors looked ahead to U.S. inflation data this week and the start of\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=33543\" \/>\n<meta property=\"og:locale\" content=\"en_US\" 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