- The Nasdaq closed 0.49% lower at 14,788 on Tuesday.
- Katapult plummeted 56.4% on Tuesday after releasing Q2 results.
- Virgin Galactic shares tanked 11% after confirming spaceplane price hike.
The US markets closed mixed again on Tuesday as the Senate passed an estimated US$1tn infrastructure package with strong bipartisan support, but the bill faces a potentially rocky time in the House as Speaker Nancy Pelosi said the House wouldn?t take it up until the Senate also passes a separate US$3.5tn anti-poverty and climate change plan.
The Dow Jones rose 0.46% to finish the trading day up 163 points to close at 35,265 points.
The tech heavy NASDAQ fell 0.49% to finish the trading day down 72 points to close at 14,788 points
One bitcoin is worth US$45,487 going into the Asian trading day.
The Australian dollar is stronger against the major currencies and is buying 73.49 US cents.
Credit and finance services fintech company Katapult plummeted 56.4% yesterday after releasing second-quarter results. For the period ended June 30, Katapult reported a net loss of US$8.1m, down from a US$5.1m profit the year earlier, and an adjusted net income of US$1.5m, down an estimated 70% YoY.
Shares in Virgin Galactic tanked 11% on Tuesday as the company confirmed it will raise the price of a seat on its spaceplane to US$450,000. Shares plunged yesterday as investors realised the doubling of price/seat may be to help Virgin Galactic recoup some money as the company has been losing money for years. The company has booked the equivalent of 100 commercial flights at the lower price of US$250,000/ticket.
And Facebook Dating is launching new audio date features to adapt to the pandemic times, as well as allowing users to ?Match Anywhere? to find matches in different locations.