Corporate earnings season is off to a flying start, but the positive surprises have so far failed to generate upward momentum for global stock markets.
Schlagwort-Archiv: Markets
China’s fintech giants are hitting roadblocks in planned listings at home
Financial technology stock listings were explicitly discouraged on Shanghai’s STAR Market in a recent regulatory watchdog announcement.
Intel revenue and profit drop slightly from last year
Intel CEO Pat Gelsinger announced earlier this month that the company plans to invest $20 billion in new microchip manufacturing plants.
Mattel sales soared 47% as parents bought toys with stimulus checks, toymaker raises outlook
Mattel’s sales jumped 47% in the latest quarter as families spent more on toys for their children.
Snap reports accelerating revenue growth, strong user numbers for first quarter
Snap’s stock rose in after-hours trading after the company reported its first-quarter results, beating expectations on earnings, revenue and user growth.
Watch Christine Lagarde speaking after the ECB’s latest rate decision
European Central Bank President Christine Lagarde is giving a press conference after the bank’s latest monetary policy decision.
China’s Xi calls for international collaboration to reduce global carbon emissions at U.S.-led summit
Xi’s remarks followed opening remarks from U.S. President Joe Biden and his administration, and the U.N. secretary general.
Stocks making the biggest moves in the premarket: American Airlines, Teradata, Equifax & more
The stocks making the biggest moves in premarket trading include American Airlines, Teradata, Equifax, and more.
Tech is an ‚extremely dynamic‘ and resilient investment as economy reopens: Oppenheimer
Oppenheimer Asset Management’s John Stoltzfus sees trading activity as a lot more sensible than critics think, particularly when it comes to 2020’s big winner.
Automakers show off flying cars in Shanghai — but Warren Buffett-backed BYD stays clear
While some businesses see a future for electric cars in the skies, Chinese automaker and battery company BYD is sticking to ground vehicles for now.