Alibaba’s bond offering comes after it reported December quarter earnings that beat expectations and in which its cloud division turned profitable.
Archiv für den Monat: Februar 2021
Despite recent market strength, Canaccord’s Tony Dwyer believes a 5% to 10% pullback is underway
Canaccord Genuity’s Tony Dwyer believes a market setback is looming.
S&P 500 futures rise as Reddit mania unravels, Amazon and Alphabet report strong earnings
On Tuesday, the Dow Jones Industrial Average gained more than 475 points.
Amazon reports first $100 billion quarter following holiday and pandemic shopping surge
Amazon said in its earnings report for the fourth quarter of 2020 that AWS CEO Andy Jassy will replace Jeff Bezos as CEO in the third quarter of this year.
Alphabet revenue up 23% as core advertising business shows strong growth
The company reported fourth-quarter earnings that surpassed analysts‘ expectations and showed a strong return to growth in its core advertising business.
Chipotle shares fall 4% as surging digital orders ease from record pace, earnings fall short
So far in January, Chipotle Mexican Grill’s same-store sales have climbed 11%.
Exxon Mobil reports a $20 billion loss, fourth-straight quarter in the red
Exxon chief Darren Woods said it’s the „most challenging market conditions“ the company has ever faced.
US MBA mortgage applications w.e. 29 January +8.1% vs -4.1% prior
Latest data from the Mortgage Bankers Association for the week ending 29 January 2021
– -4.1%
– Market index 981.1 vs 907.6 prior
– Refinancing index 4,746.2 vs 4,261.5 prior
The jump in the past week owes much to a spike in refinancing activity but purchases in general also continue to hold up. That continues to reflect stronger housing
– -4.1%
– Market index 981.1 vs 907.6 prior
– Refinancing index 4,746.2 vs 4,261.5 prior
The jump in the past week owes much to a spike in refinancing activity but purchases in general also continue to hold up. That continues to reflect stronger housing
USD/JPY may return to 105-110 range if Treasury yields rise to 1.5% – Mizuho
Mizuho outlines the conditions for USD/JPY to rise
The firm says that the market isn’t seeing a significant yen weakening trend at the moment but will feel more comfortable about USD/JPY going back to the 105-110 range if 10-year Treasury yields climb more significantly from hereon.
The firm says that the market isn’t seeing a significant yen weakening trend at the moment but will feel more comfortable about USD/JPY going back to the 105-110 range if 10-year Treasury yields climb more significantly from hereon.
Silver ETF surges despite price drop yesterday
Is the silver trade looking to switch back up again?
SLV saw a record amount of daily inflows worth nearly $1.6 billion yesterday (h/t @ daniburgz) despite the 9% drop in silver prices yesterday. That might be a sign that there is still strong appetite for silver despite the retreat after hitting $30 earlier in the
SLV saw a record amount of daily inflows worth nearly $1.6 billion yesterday (h/t @ daniburgz) despite the 9% drop in silver prices yesterday. That might be a sign that there is still strong appetite for silver despite the retreat after hitting $30 earlier in the