U.S. futures were mixed ahead of the U.S. market open as investors prepared for the release of second-quarter earnings results.
Investors hope to determine whether the profitability of some major companies can support their inflated valuations. If profits don’t rise enough, it’s possible some stock valuations get a rude awakening. If they rise well or even more than expected, then investors will be proven correct in their aggressive valuations and stock prices should move even higher.
After jumping almost 50% in Friday’s trading, Tempest Therapeutics more than doubled in premarket trading. Investors are expecting a major announcement on the company’s July […]
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