U.S. stock futures are jumping on optimism generated by a potential phase one China trade deal, and a lessening of Brexit-related uncertainty following the U.K. election results.
over antitrust concerns, sending shares down. The injunction would reportedly seek to block Facebook from enforcing policies around how its apps interact and could keep the company from pushing forward with its plans to integrate its three messaging services. amended reorganization plan
Lawyers for several women who claim fallen film producer Harvey Weinstein sexually abused them harshly criticized a Adobe reported adjusted quarterly profit of $2.29 per share, 3 cents above estimates, with the software company's revenue slightly above forecasts as well. Investors were encouraged by Adobe's ability to maintain a revenue growth rate above 20%.
Broadcom retorted better-than-expected adjusted quarterly profit and revenue in its latest quarter. The chipmaker said it was benefiting from strong demand for 5G-related chips as well as software unit growth.
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