Reach: Starbucks expands delivery services in China with Meituan tie-up (SBUX -2.23%)
Hike: Peloton is about to tack on hundreds of dollars in fees to its bike & treadmill, citing inflation (PTON -2.55%)
Caution: United Airlines warns 5G plans would impact 1.25M passengers a year (UAL -2.97%)
Later Today 🕒
Bank of America Corp. Earnings (BAC)
Charles Schwab Earnings (SCHW)
Goldman Sachs Earnings (GS)
PNC Financial Services Group Earnings (PNC)
Truist Financial Corp. Earnings (TFC)
Bank of New York Mellon Corp. Earnings (BK)
JB Hunt Transport Service Inc. Earnings (JBHT)
Signature Bank Earnings (SBNY)
Concentrix Corp. Earnings (CNXC)
Pinnacle Financial Partners Inc. Earnings (PNFP)
Interactive Brokers Group Inc. Earnings (IBKR)
Hancock Whitney Corp. Earnings (HWC)
Old National Bancorp Earnings (ONB)
Fulton Financial Corp. Earnings (FULT)
First Midwest Bancorp Inc. Earnings (FMBI)
Today’s Market Terminology: Capital Infusion
Capital Infusion refers to the process whereby funds are injected into startups or ailing companies by an investor with a financial interest in the company. It can also be done from one unit of a company to another
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