Google-Wiz deal off, General Motors reports Q2 earnings: Yahoo Finance
The proposed deal between Google parent company Alphabet (GOOG, GOOGL) and cybersecurity firm Wiz, valued at $23 billion, has fallen apart as Wiz CEO Assaf Rappaport told employees the company would pursue an IPO instead.
General Motors (GM) posted its second quarter results revealing that demand for EV has picked up as it easily beat earnings estimates, raising full-year guidance. Coca-Cola (KO) also posted its second quarter results, raising full-year guidance as it sees global demand for products rising amid a cautious consumer. Tech giants Alphabet and Tesla (TSLA) are set to report their latest quarterly earnings report after the closing bell today, giving Wall Street its first look at how Big Tech companies performed in the second quarter.
Other trending Tickers on Yahoo Finance include NXP Semiconductors (NXPI) and AMC Entertainment (AMC).
Top guests today include:
9:45 AM: Neil Shearing, Capital Economics Group Chief Economist
9:50 AM: Paul Jacobson, GM CFO
10:10: AM: Kristina Hooper, Invesco Chief Global Market Strategist
10:20 AM: Ellen Hazen, F.L.Putnam Investment Management Co. Chief Market Strategist
11:15 AM: Russell Weiner, Domino's CEO