Advertisement
UK markets closed

  • FTSE 100

    7,895.85
    +18.80 (+0.24%)
     

  • FTSE 250

    19,391.30
    -59.37 (-0.31%)
     

  • AIM

    745.67
    +0.38 (+0.05%)
     

  • GBP/EUR

    1.1607
    -0.0076 (-0.65%)
     

  • GBP/USD

    1.2370
    -0.0068 (-0.55%)
     

  • Bitcoin GBP

    52,281.80
    +642.20 (+1.24%)
     

  • CMC Crypto 200

    1,371.97
    +59.35 (+4.52%)
     

  • S&P 500

    4,967.23
    -43.89 (-0.88%)
     

  • DOW

    37,986.40
    +211.02 (+0.56%)
     

  • CRUDE OIL

    83.24
    +0.51 (+0.62%)
     

  • GOLD FUTURES

    2,406.70
    +8.70 (+0.36%)
     

  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     

  • HANG SENG

    16,224.14
    -161.73 (-0.99%)
     

  • DAX

    17,737.36
    -100.04 (-0.56%)
     

  • CAC 40

    8,022.41
    -0.85 (-0.01%)
     
Behind the brand:

'Boutique hotel at sea': Virgin Voyages CEO hails Branson's 'biggest endeavour'

On board entrepreneur's latest venture

TAL Education, Tencent Music, Lockheed Fall Premarket; Hasbro Rises

Investing.com
·1-min read

By Peter Nurse

Investing.com -- Stocks in focus in premarket trade on Monday, July 26th. Please refresh for updates.

TAL Education (NYSE:TAL) stock fell 23%, GSX Techedu (NYSE:GOTU) stock fell 23% and New Oriental Education (NYSE:EDU) stock fell 24% after the Chinese authorities released a new directive over the weekend forcing the country's online learning providers to operate on a not-for-profit basis.

Alibaba (NYSE:BABA) ADR fell 3.3%, Baidu (NASDAQ:BIDU) ADR fell 3.8% and Didi Global (NYSE:DIDI) ADR fell 11% as the Chinese stocks listed in the U.S. suffered from the extended regulatory clampdown by Beijing.

ADVERTISEMENT

Tencent Music (NYSE:TME) stock fell 10% after China's market regulator said over the weekend it would bar the company from exclusive music copyright agreements.

Amazon (NASDAQ:AMZN) stock rose 0.5% amid speculation that the online retail giant is exploring venturing into digital currencies after it advertised last week a vacancy for a digital currency product lead.

Lockheed Martin (NYSE:LMT) stock fell 0.4% after the weapons maker missed expectations with its second-quarter earnings, hurt by a classified aeronautics development program.

Hasbro (NASDAQ:HAS) stock rose 4.7% after the toymaker beat quarterly expectations, with its film and television production business returning to growth after the pandemic hit.

Koninklijke Philips (NYSE:PHG) ADR fell 4.8% after the Dutch health technology company booked an additional 250 million euros provision to do with the recall of breathing devices and ventilators, overshadowing otherwise strong second-quarter earnings.

Check Point Software (NASDAQ:CHKP) stock rose 0.5% after the cybersecurity firm beat quarterly expectations, with its software sales boosted by the recent spate of ransomware attacks.

Related Articles

TAL Education, Tencent Music, Lockheed Fall Premarket; Hasbro Rises

Exclusive-U.S. will not lift travel restrictions, citing Delta variant -official

Ryanair Gains On Strong Pent-Up Demand, Sees Possible Breakeven in FY22