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Earningsreports

All articles tagged with #earningsreports

finance1 year ago

Chinese Tech Stocks Tumble Amid Trump Tensions and Earnings Concerns

Chinese tech stocks in Hong Kong have slumped by about 20% from their October highs due to rising geopolitical risks and investor caution ahead of key earnings reports. The Hang Seng Tech Index fell 3.2%, with JD.com and Xiaomi contributing significantly to the decline. Concerns over potential Sino-American tensions under the Trump administration and profit-taking from a stimulus-driven rally have also contributed to the sell-off. Despite Tencent's strong earnings, broader market sentiment remains cautious.

finance1 year ago

Markets Rally Post-Election as Investors Eye Fed Decisions

Following Donald Trump's election victory, U.S. stock futures rose modestly, continuing a significant market rally with major indexes hitting record highs. The Federal Reserve is expected to cut rates, with the focus on future policy changes. Key earnings reports showed mixed results, with some stocks like Tesla and Nvidia surging. Investors are advised to take advantage of buying opportunities but remain cautious amid potential market volatility.

finance1 year ago

"Market Update: Dow Hits Record High, Nasdaq Slips, Stocks Steady Ahead of Inflation Data"

US stocks closed mixed as the S&P 500 ended just below the flat line after a record-setting week, the Dow Jones hit a fresh record, and the Nasdaq fell 0.3%. Nvidia and Arm stocks surged to new records, while Diamondback Energy jumped 8% after announcing a $26 billion merger. Investors are preparing for the first key inflation update of the year and the next wave of earnings reports, with the Consumer Price Index due Tuesday and expectations for the timing and pace of Federal Reserve interest rate cuts this year. JPMorgan upgraded Lowe's stock on optimism about home-renovation projects, and the White House is closely watching food prices ahead of the inflation reading. GM confirmed pricing and range for its Equinox EV, and Nvidia's market cap surpassed Amazon and Alphabet.