Here’s a look at some of the stocks the Yahoo Finance team will be watching for you today.
BlackRock (BLK) tops our list. The stock fell in early trading after the world’s largest asset manager reported a miss on both its top and bottom lines for the second quarter. However, profit and revenue both rose from a year ago as it saw a huge influx of cash into its low-cost funds.
Sticking with financials, Wells Fargo (WFC) is in the spotlight this morning after the Financial Times reported on Sunday that the bank is looking to shed more of its businesses. This comes as Wells Fargo struggles to restore investor confidence following that fake account scandal last year.
Blue Apron (APRN) shares sank in early trading following reports that Amazon (AMZN) is cooking up plans to take on Blue Apron after filing a trademark for its own meal kit service. This comes after Amazon made a bid for Whole Foods (WFM) last month
Twitter (TWTR) is reportedly making a big play to air the US PGA Championship. That’s after British broadcaster SKY lost exclusive broadcast rights to the event. The deal, worth around $10 million, is in line with Twitter’s goal for streaming live sports events to reach profitability.
21st Century Fox (FOX) shares were also on investor’s watch list this morning. The studio’s “War for the Planet of the Apes” defeated “Spiderman” at the weekend box office, raking in over $56 million in North America. The ‘Apes’ trilogy has a strong following despite not having the widespread attention of fellow icons, like Star Wars.