US stock markets are expected to open higher, led by a 0.5% gain in Nasdaq futures, as investors await July's non-farm payrolls data. The data is forecasted to show 80,000 jobs added, up from 57,000 in June, which could influence Federal Reserve rate decisions amid ongoing inflation concerns. Despite a recent dip in the Dow due to rising oil prices and Treasury yields, corporate earnings have been strong, with about 85% of companies beating expectations. Airbnb notably reported strong Q2 results and raised its full-year guidance, boosting its stock in pre-market trading.
California lawmakers are set to vote on Senate Bill 492, which increases liability for utilities like PG&E and Edison International over wildfire damages. The bill includes executive pay limits, a fast-pay program for victims, and bans selling wildfi...
Airbnb's stock surged 21% over the past month following a strong Q2 earnings report that beat revenue and earnings expectations, driven by robust travel demand and AI investments. Despite this rally, the stock trades above analyst price targets and r...
