
Apple shares climbed more than 1% in trading before the opening of the day after US mobile phone company T-Mobile said that early bookings iPhones Apple’s new 7 were the highest in the history of T-Mobile.

Apple shares climbed more than 1% in trading before the opening of the day after US mobile phone company T-Mobile said that early bookings iPhones Apple’s new 7 were the highest in the history of T-Mobile.

The European stock markets traded positive trend for the second day in a row and are on their way to a second consecutive monthly increase, due to the continued recovery in bank shares on the Euro zone.

Apple’s value is expected to be cut by 10 billion after the the European Commission ruled that tax haven of consumer electronics giant in Ireland is illegal, and ordered the company to pay retroactive taxes amounting Ireland 13 billion euros (14.5 billion dollars).
The stock drops by 1.7% in trading before the opening day on Wall Street.

Wal-Mart beat the forecasts:
The US retail giant Wal-Mart today raised the annual profit forecast after recorded a financial results which were better than expected – $1.07 per share, five cents more than analysts’ forecasts on revenue of $120.9 billion, for the second quarter of the year.
Wal-Mart jumped by 3% in trading before the opening of Wall Street and will open the regular trading hours at the peak of 15 months.

Walt Disney’s share decreases by 0.5% on Wall Street after the entertainment and the US media giant reported yesterday about a disappointing revenue growth in cable television unit.
Coca Cola
On a daily chart we can see that the price of the share went down yesterday by 1.51%.
This fall came after the share was halted at a resistance line.

With the decline, the average of the RSI indicator crossed down his 50 line.
For Forex traders:
Sell between the levels of : 45.00 – 44.80.
Stop loss point : 45.20.
Take profit point : 43.80.
For Binary options traders:
A put option between the levels of : 45.00 – 44.80.
Expiry time : end of the day, July 31

Twitter crashed by 10% due to a disappointing forecast
Twitter share went down yesterday by more than 10% after-hours trading on Wall Street, after the social media company provided disappointing revenue forecast for the current quarter.
The Company expects to record in the third quarter a revenues of 590-610 million, far less than the analysts who estimated revenues of $ 690 million.
McDonald’s shares fell by 4.5% after the fast-food chain reported on a quarterly revenue and profits are lower than expected.

GM shares jumped by nearly 4% after the largest US automaker reported of a record quarterly profit which raised its annual profit forecast.
Intel shares fell by almost 4% after the chip giant reported of a slowdown in growth of the server chip division.

Microsoft shares jumps by 6% after the world’s largest software company reported yesterday on a surprising increase and revenues profits for the second quarterly.

SAP shares jumped by 3.5% after the business software giant reported of a jump of 73% in its net profit in the second quarter, thanks to a reduction in expenses and growth in cloud services.
The net profit of the German SAP in the second quarter amounted to 816 million Euros (902 million dollars)