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Snap Inc's revenue and performance indicators in the third quarter are expected to plummet by 25% in after-hours trading.
Snap Inc announced the company's third-quarter results after trading on Thursday, and its revenue and performance guidelines fell short of market expectations. According to the financial report, Snap Inc's adjusted earnings per share in the third quarter were 17 cents per share, with market expectations of 0.08 dollars; revenue of 1.07 billion dollars and market expectations of 1.1 billion dollars. The company said that the number of global daily active users in the third quarter was 306 million, and the market expected 302.1 million; revenue in the fourth quarter is expected to be $1.17 billion-1.21 billion, and the market is expected to be $1.35 billion. Snap Inc's advertising business was affected by the privacy changes introduced by Apple Inc earlier this year.
Powell: inflation may be higher and more persistent than expected
Federal Reserve Chairman Colin Powell said at a news conference after the interest rate resolution on Wednesday that policy will continue to provide strong support for the economy. Inflation is likely to remain high in the coming months before easing. Powell said that economic indicators continue to strengthen, corporate investment is growing steadily, but the outlook is still risky. The pace of improvement in the labour market is uneven and the economic recovery is incomplete, but the factors affecting job growth should weaken in the coming months, he said. On inflation, Powell said that the increase in inflation partly reflects the base effect. Short-term supply constraints limit jobs in some industries
BlackRock CEO warns that inflation could have a "big impact"
Larry Fink, chief executive of BlackRock, said investors may have underestimated the possibility of soaring inflation. "most people don't have more than 40 years of career, they only see the decline in inflation over the past 30 years," Fink said at a virtual event hosted by Deutsche Bank on Wednesday. "so it's going to be a very big shock." Fears of rising inflation have infiltrated the US market as the cost of goods such as wood and steel has risen this year. Fink joined first Boston in 1976 and began his career at a time of high inflation. In March 1980, the US consumer price index rose by 14.8.
It may be time for the Fed Harker: to think about reducing the size.
Patrick Harker, president of the Philadelphia Fed, said, "it may be time to at least think about reducing our purchases of $120 billion a month in Treasuries and mortgage-backed securities." "however, this is not something we will do all of a sudden," Harker said in a speech prepared for the Women in Housing and Finance virtual event on Wednesday. "We need to follow the script after the Great Recession; that is, start slowly reducing bond purchases. As the economy continues to strengthen, we will carefully and methodically cancel policy easing. "as you wish.
AMC shares hit a record high in intraday trading, with a market capitalization of $33 billion surpassing that of GameStop.
AMC Entertainment surged 127% on Wednesday, the biggest gain since Jan. 27 and hit a record intraday level, with its market capitalization rising to about $33 billion, surpassing GameStop's market capitalization of about $20 billion.
How hot will inflation be? Traders added to their bets that the Fed was forced to raise interest rates in 2022
Interest rate traders are increasing their bets that the Fed could be forced to raise interest rates next year, well before policymakers hinted, as the surge in US consumer price data released on Wednesday intensified the debate about how hot inflation might be. Euro-dollar futures contracts currently digest the probability of raising interest rates by 25 basis points by the end of 2022 of more than 80%, up from 67% at the beginning of the week. This is a full year earlier than policy makers have hinted. At the same time, voices from William Dudley, the former president of the New York Fed, and others are getting louder and louder. He said that not only does the central bank need to raise interest rates, but it should also be much higher than the investment.
All Apple stores in the US are open for business
An Apple spokesperson confirmed that since the COVID-19 outbreak nearly a year ago, all 270 Apple stores in the US have opened for business for the first time, although there are still certain restrictions on passenger flow. Due to the fluctuation of the epidemic and the repeated retreat of restrictions, Apple has opened and closed retail stores across the United States many times. Apple resumed operations at its last few stores on Monday, all of which are located in Texas. All stores are now open, but many still only accept pre-order guests or operate through a concept called Apple Store Express. Outside of the US, Apple's two stores in Mexico will be
The internal purchase price of App in the app store was suppressed by Apple Inc: it is not allowed to be on the shelves.
According to news from Sina Technology News on the morning of February 20, it is reported that recently, some developers have disclosed that there are some deceptive App manipulation ratings in Apple Inc's app store, occupying a dominant position in search results. although they look formal, they secretly deceive users and tempt them to pay for subscriptions, and the price is too high. Apple Inc seems to have taken action to crack down on similar App. If App's paid subscription price and in-app purchase price are set too high, Apple Inc's App review team thinks it is unreasonable and will refuse to let them go on the shelves. A developer shared a rejection email from Apple Inc, in which Apple Inc told the development team
ADP employment in the United States increased by 174000 in January, with an estimated increase of 50, 000
ADP employment in the United States increased by 174000 in January and is expected to increase by 50, 000, compared with a previous decrease of 123000. The yield on the 10-year Treasury note rose to 1.122% after the ADP released the employment data. After the release of "small non-farm" ADP data, spot gold fluctuates little in the short term; spot silver does not change much; and the dollar index DXY does not change much. According to ADP, private companies added 174000 jobs in January, higher than the 50, 000 expected by the market, CNBC said. The largest increase came from health care, social assistance and professional and commercial services. Leisure and
上半年全球外国直接投资下跌49% 欧洲和美国下跌最猛烈
文/郝倩 联合国贸发会议（UNCCAD）最新的“国际投资趋势监控”数据显示，由于新冠疫情危机，全球外国直接投资（FDI）今年上半年同比去年缩水近五成（49%）。疫情当下，全球范围内的封锁措施拉低了现存投资项目的进度，对于经济深度衰落的担忧又让跨国公司重新审视他们的新项目。由此，贸发会议依然保持六月份对全球外国直接投资总额下跌30%到40%的预估。 该报告显示，发达国家看到所有主要类型的全球外国直接
特斯拉启动英国能源计划 可能推出大型“虚拟发电厂”项目
原标题：特斯拉启动英国能源计划 可能推出大型“虚拟发电厂”项目 来源：TechWeb.com.cn 【TechWeb】10月27日消息，据国外媒体报道，电动汽车制造商特斯拉已经启动了英国的能源计划，其中可能包括推出大型“虚拟发电厂”项目。一封关于特斯拉能源计划的邮件显示，特斯拉与英国的Octopus Energy合作，为客户推出能源管理计划。 外媒称，该能源计划适用于特斯拉的Powerwall、太
参议院周六召开会议讨论巴雷特的提名 周一将确认结果
程序性投票将于周日进行，最终确认将于周一进行。 美东时间周六下午，参议院将罕见地举行会议，就巴雷特（Amy Coney Barrett）法官进入最高法院一事进行辩论。几天后，选民将决定共和党人是否将继续控制参议院和白宫。 民主党人强烈反对在如此临近选举的时候确认巴雷特的任命，抵制了司法委员会周四的投票。纽约州民主党参议员查克·舒默（Chuck Schumer）星期五在参议院的会议上采取了四种拖延战
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