- The Nasdaq rose 0.8% to close Thursday?s session at a fresh record 15,940.
- Airbnb reported its best quarter ever for Q3, including a 280% surge in profit.
- Moderna tanked nearly 18% on Q3 results missing analysts estimates.
The US markets closed mixed on Thursday as new weekly jobless claims in the US fell to 269,000 in the last week of October, the lowest number since March 2020.
The Dow Jones fell 0.09% to finish the trading day down 33 points to close at 36,124 points .
The tech heavy NASDAQ rose 0.8% to finish the trading day up 129 points to close at 15,940 points with Amazon and Tesla gaining 2.75% and 1.32% respectively.
One bitcoin is worth US$61,173 going into the Asian trading day.
The Australian dollar is firm against the major currencies and is buying 74.03 US cents.
Online holiday rental platform Airbnb rallied 3% yesterday after reporting its best quarter on record through the release of Q3 results. For the period, Airbnb reported its highest revenue ever of US$2.24bn, highest ever net income up 280% to US$834m YoY, and 79.7 million nights and experiences booked in the third quarter. The company attributes the results to high vaccination rates and easing travel restrictions.
Moderna shares tanked almost 18% on Thursday after the US-based biotech company missed forecasts for third quarter results. For the period, Moderna reported total revenue of US$5bn, 20% lower than analysts expectations of a US$6.2bn revenue, EPS also fell short of expectations at US$7.70/share compared to estimates of US$9.42/share, and net income totalled US$3.3bn. Moderna also reduced its sales forecast for the year from previous estimates of US$20bn, to a revised US$15bn-US$18bn.
And Sony reportedly chartered three jumbo jet planes to deliver more PlayStation 5s to meet surging demand in the UK ahead of the holiday season.