In advance of Amazon's earnings report on Thursday, Craig Johnson says the stock chart is pointing to big gains. Mark Tepper also likes the stock.Trading Nationread more
The IMF trims its economic growth forecast again as the U.S.-China trade war continues, Brexit worries linger and inflation remains muted.Economyread more
Citigroup thinks Tesla investors hoping for a post-earnings rally later this week should scrutinize a pair of related financial metrics.Investingread more
Olive branches were extended from both China and the U.S. as the two nations are set to restart face-to-face trade negotiations after a monthlong truce.Marketsread more
Coca-Cola topped Wall Street's expectations for earnings and revenue.Food & Beverageread more
New disclosures show Facebook and Amazon each spent more than $4 million on lobbying activity in the second quarter of 2019.Technologyread more
Stocks jumped to their highs of the day on news that face-to-face talks between U.S. and Chinese trade negotiators would begin next week.US Marketsread more
Boris Johnson, one of the biggest voices in the Brexit movement, wins the Conservative Party leadership race by a 2-1 margin.Europe Politicsread more
Disney can nearly double its earnings by 2024, Morgan Stanley said in a note to clients on Tuesday.Investingread more
Amazon is expected to report its second-quarter earnings on Thursday.Investingread more
The largest residential brokerage company in the U.S. is partnering with the largest online retailer in a strategy to boost sales for both.Real Estateread more
Check out the companies making headlines before the bell:
Anadarko Petroleum — Anadarko agreed to be acquired by Chevron in a cash-and-stock deal worth $33 billion, or $65 per share. The deal represents a 39% premium over Anadarko's Thursday closing price, and it could provide a boost to shares of Anadarko competitors like Pioneer Natural, Devon Energy, and Apache.
JPMorgan Chase — JPMorgan Chase reported quarterly profit of $2.65 per share for the first quarter, 30 cents a share above estimates. Revenue also topped forecasts, helped by particularly strong performances in consumer banking and corporate and investment banking.
Apple — Apple was downgraded to "sell" from "neutral" at New Street Research, which said the Street is too optimistic about iPhone replacement rates among other factors.
Walt Disney — Walt Disney said it would launch its Disney+ streaming service in November, at a cost of $6.99 per month. The service would compete with Netflix, whose shares have come under some pressure following Disney's announcement.
Boeing — CEO Dennis Muilenburg said 96 flights have been made in a test of updated 737 Max software and that so far, it is working as designed. Separately, the Federal Aviation Administration will hold a meeting today with major airlines and pilot unions to discuss the 737 Max jet.
Toyota — The automaker told Reuters it has been contacted by more than 50 companies since announcing free access to various electric vehicle patents last week.
Tesla — Tesla has halted online sales of the $35,000 base version of its Model 3, although it can still be ordered by phone or at stores. The lowest priced Model 3 available online is the $39,500 "Standard Plus," which includes Tesla's Autopilot feature.
Charter Communications — Charter has been targeted in a complaint from Big3 Basketball, one of the bidders for regional sports networks being sold by Walt Disney. Big3 Basketball alleged in a letter to the Federal Communication Commission and the Justice Department that Charter is undermining the sale process by threatening to drop those channels. Charter's biggest shareholder, Liberty Media, is also bidding for those networks. Charter responded by saying it welcomes the opportunity to discuss a future carriage agreement with the winning bidder.
Mosaic — Mosaic shares are under pressure after the fertilizer producer said it was suspending production at phosphate mines in Brazil. This comes after Mosaic was unable to obtain a deadline extension to implement new rules on dam stability.
Redfin — Redfin was rated "outperform" at Wedbush Securities, with a price target of $30 per share for the real estate website operator. Wedbush said Redfin is positioned to capture more market share in a rapidly evolving landscape.