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After Market Hours: GoPro, Alphatec Holdings, CareDx Gain; Resources Connection, EXFO Slip

October 7, 2020

(RTTNews) – GoPro Inc. (GPRO) – Shares of the action camera maker gained nearly 5% in extended session on top of its 30% rise in regular trading Wednesday. GoPro announced that its subscribers increased to over 500,000, up from 400,000 in August. It also said that the target of 600,000 to 700,000 subscribers by year-end should be exceeded if adoption rates continue as expected.

Alphatec Holdings, Inc. (ATEC) – Shares of the medical device company surged 45% in after-hours trade Wednesday on its third-quarter outlook. Alphatec expects third-quarter revenues of $40.7 million to $41.1 million, which is above analysts current estimates of $30.98 million. The company expects U.S. revenue growth of 41% to 43%.

CareDx, Inc (CDNA) – The health care company’s stock gained 15% in after-hours Wednesday driven by its strong outlook. For the third quarter, CareDx expects revenues of about $53.0 million, an increase of 57% compared to

Oil prices slip Wednesday following Trump withdrawal from economic stimulus package talks

October 7, 2020

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Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com.

SINGAPORE – Oil prices slipped on Wednesday after U.S. President Donald Trump dashed hopes for a fourth stimulus package to boost the coronavirus-hit economy and on a larger-than-expected build-up in U.S. crude stocks.

U.S. West Texas Intermediate (WTI) crude CLc1 oil futures fell 87 cents, or 2.1%, to $39.80 a barrel by 0104 GMT while Brent crude LCOc1 futures fell by 74 cents, or 1.7%, to $41.91 a barrel.

President Trump, still being treated for COVID-19, ended talks on Tuesday with Democrats on an economic aid package for his pandemic-hit country with the U.S. presidential election only weeks away.

AMERICAN OIL REFINERIES RACE TO PRODUCE RENEWABLE DIESEL AHEAD OF CANADIAN COMPETITION: REPORT

Price were also pressured by data from the American Petroleum Institute showing U.S. crude oil stocks rose by 951,000 barrels last week – more than

Dow Futures Slip Lower As Trump Returns to White House

October 6, 2020

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The Tuesday Market Minute

Global stocks mixed as markets react to President Trump’s return to the White House from Walter Reed Medical Center.
Trump told reporters he was ‘feeling good’ following three days of treatment for his coronavirus infection, but doctors warned that the worst of his symptoms could still surface.
Treasury Secretary Mnuchin and House Speaker Pelosi set to resume stimulus talks Tuesday, but the infection of three GOP Senators with COVID-19 could delay ultimate vote for fresh fiscal support
Federal Reserve Chairman Jerome Powell speaks at 10:40 am Eastern time, with key central bank address from ECB and BoJ officials slated to follow Tuesday.
U.S. equity futures suggest a softer open on Wall Street ahead of redbook retail sales data at 8:55 am Eastern time and Powell’s webcast speech at 10:40 am Eastern time.

U.S. equity futures edged higher Tuesday, while benchmark Treasury bond yields pushed to multi-month

Asia Markets Slip But Tokyo Reopens With Gains After Blackout

October 2, 2020

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Japanese stocks edged up Friday as they reopened after being shut down all the previous day by a technical fault, though markets across Asia were mixed in holiday-thinned trade with investors keeping an eye on stimulus talks in Washington.

After September’s sell-off, Wall Street got the new quarter off to a positive start as technology firms appeared to rediscover their mojo, helped by a dip in US jobless claims that provided hope for key non-farm payrolls data later in the day.

However, news that several big-name firms including Walt Disney, American Airlines and United had cut tens of thousands of posts, and that Americans’ personal income had dived, fuelled concerns about the outlook for the consumer-driven US economy.

The bigger-than-feared fall in income came as expectations dwindled that US lawmakers will have time to pass a new stimulus package before the November 3 presidential election.

“The data highlights the imperative

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