US stock indexes closed at record highs, and a flood of corporate earnings are expected. Here's what to know today.

Here's what to know before the markets open today.

Shu is thought to have made $36 million from Deliveroo's IPO after selling around 6.7 million shares at $5.35.

Democrats and the GOP are deeply divided on the amount of spending that’s needed for stimulus legislation. Republicans are seeking to scale back federal unemployment benefits to $US200 a week, a move that could cost millions of jobs, according to one study. But many economists say more spending is needed […]

JPMorgan CEO Jamie Dimon called the coronavirus pandemic “a wake-up call” for leaders to address inequality in the US in a Tuesday memo to stakeholders. He joins a number of other business leaders calling for change. For example, the billionaire Ray Dalio is sounding the alarm on income inequality in […]

Walgreens is considering going private, Bloomberg and Reuters reported on Tuesday. The $US57 billion retail pharmacy giant’s stock jumped 6% on Tuesday on the news. Its CEO, Stefano Pessina, owns a 16% stake in the company, according to Bloomberg. Visit Business Insider’s homepage for more stories. Walgreens is considering going […]

Asian markets are reeling from the latest escalation of the US-China trade war, after President Donald Trump tweeted he would further increase tariffs on Chinese goods. All major indices in the regions, including Japan, China and Australia all lost more than 1% as a result. Analyst Eleanor Creagh of Saxo […]

Former Obama advisor and World Bank economist Larry Summers tweeted on Monday the latest escalation in the US-China trade war has pushed the world to “the most dangerous financial moment since the 2009 Financial Crisis”. The comments follow US Treasury officially branding China a currency manipulator after it allowed the […]

The New York Stock Exchange has set a reference price of $US26 for Slack in its direct listing Thursday. Slack is expected to start trading on the NYSE today, using the ticker “WORK.” Slack has relied on internal data based on secondary markets to gauge its valuation, a person familiar […]

Fiverr, an Israel startup backed by Bessemer and Accel, has filed to go public on the New York Stock Exchange. Fiverr is a marketplace for freelancers to connect with employers. It makes most of its revenue on transaction and service fees. Bloomberg previously reported that Fiverr would seek an $US800 […]

If Uber turns into the high-growth tech stock of bull analysts’ dreams, the ride-hailing company could disrupt the longstanding acronym of FAANG. FAANG represents the five of the most popular and high-value tech stocks: Facebook, Apple, Amazon, Netflix, and Google. Though Uber just started trading on Friday, two analysts have […]

Uber priced its IPO at $US45 per share, the company announced on Thursday. This gives Uber an initial market cap of $US75.5 billion, far below the $US120 billion banks reportedly sought for Uber at the start of the IPO process. The company is expected to raise $US8.1 billion in the […]

One of the world’s largest cryptocurrency exchanges said hackers stole $US40 million of bitcoin. Taiwan-based Binance discovered the security breach Tuesday and said it will cover all losses from its own funds. Watch Bitcoin trade live. Binance, one of the largest cryptocurrency exchanges, announced a hack of $US40 million worth […]

Beyond Meat debuted Thursday afternoon on the Nasdaq under the ticker BYND. Shares soared to soared by 163% at one point on Thursday. It’s the first public debut in a deluge of initial public offerings expected this month. Beyond Meat, the decade-old plant-based meat-substitute company, soared by 163% on Thursday […]

Apple topped Wall Street targets in its fiscal Q2, even though its overall revenue declined. The company is in the midst of a major shift to its business, as it emphasises services over device sales. These charts show which parts of the Apple business stood out in fiscal Q2. Visit […]

Much has been made about Amazon’s growing digital ad business – which, in terms of revenue, has established itself as the third biggest player in the market behind Facebook and Google. But ahead of Google earnings call on Monday, Wall Street analysts believe the company’s core business – which is […]

Intel stock fell more than 6% after the chip-making giant reported quarterly earnings on Thursday afternoon. Intel reported revenues of about $US16.1 billion for the first three months of the year, just about flat from the same period of 2018. Its earnings were down some 6% from the same period, […]