As Most Stay-at-Home Stocks Tick Lower, This One Name is Seeing Major Gains. Aug. 02, 2022
Shares of Pinterest are soaring ahead of the opening bell despite reporting a miss on the top and bottom lines for Q2. UBS analyst Lloyd Walmsley discusses how the company is trying to buck the trend of other stay-at-home plays that have been hard this year. Plus, Senate Democrats are waiting for a ruling on whether they can override normal rules to pass a $430 billion tax, drugs, and energy bill. BTIG Director of Policy Research Isaac Boltansky explains Washington, D.C.’s road ahead. And, markets are pointing to back-to-back losses for the major averages to start the month. Grace Capital Founder Cate Faddis and Truist Co-Chief Investment Officer Keith Lerner give their thoughts on the trading day ahead.
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