The advertising business was hit hard by Apple Inc's new privacy rules. Snap Inc plummeted 25% after trading and also fell sharply after Facebook tweeted the special offer.
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 hit hard by the new privacy rules introduced by Apple Inc earlier this year.
Buffett's favorite market index hit 205%, suggesting that the stock price is too high and a crash may be imminent.
FX168 Financial News (Hong Kong)-with the arrival of the Jackson Hole central bank seminar, a key risk event this week, the rally of US stocks rushing to record highs has been suspended. On this occasion, some analysts pointed out that Warren Buffett's favorite market index reached 205%, indicating that the stock price is too high and a crash may be imminent. The favorite market indicator of "stock god" Warren Buffett (Warren Buffett) has climbed to 205%, suggesting that the stock market is overvalued and a crash may be imminent. The Buffett Index is to divide the total market value of all publicly traded stocks in the United States by the latest quarter of domestic.
The inflation outlook remains bleak. Bets on an ECB rate hike are cooling.
Traders will have to do more to bridge the gap between their high interest rate bets and the depressed inflation outlook in the eurozone. The market is currently pricing that the ECB deposit rate will rise by 10 basis points in about three years, only 1/3 of the rate hike expected in May. But forward-looking indicators suggest that consumer price increases will still be lower than the ECB's target, meaning expectations of tightening monetary policy need to be further delayed. "either the market still underestimates inflation, or it is still too early to price and raise interest rates-or both," said Christo, head of fixed rate strategy at Commerzbank
The surge in South Korean exports in early August shows that Delta has not derailed the global trade recovery.
Early South Korean trade data show that exports are set to rise in August, suggesting that global demand remains strong despite a surge in Delta variants. South Korean customs said on Monday that exports rose 40.9 per cent in the first 20 days of the month compared with the same period a year earlier. This is partly due to the base effect, which fell 7.5 per cent in the same period last year. The new restrictions on epidemic prevention have not yet derailed the global trade recovery, according to the report. However, compared with the optimism that prevailed earlier this year, concerns about the outlook are growing as the more contagious Delta variant spreads across countries. South Korea's trade data are early in global economic activity
Launching a falcon rocket once by Musk is equivalent to an average person spending $50
For Microsoft co-founder Bill Gates, spending $1.08 million is equivalent to spending $1 per average American. His net worth is currently around $131 billion. In fact, Gates could continue to spend $1 million a day for the next 350 years and still won't run out of money. Of course, Gates isn't the only one. According to the Forbes Billionaires list, the founder of Microsoft is only the fourth richest person in the US, followed by Amazon founder Jeff Bezos, Tesla and SpaceX founder Elon Musk, and Facebook founder Mark Zuckerberg. The United States
Capital Macro: the dollar is overvalued but will continue to rise in the next 6-12 months
Thomas Mathews, an economist at Capital Macro, said that while the US's foreign assets and large current account deficit suggest that the dollar is "somewhat" overvalued, the dollar is likely to rise further in the next 6-12 months. Mathews wrote in a research note on Friday that the rise in the dollar benefited from a faster rise in U.S. yields than in other advanced economies, which is expected to continue, which in turn will push the dollar higher further. The dollar index hit a high for the year on Thursday, reflecting the dollar's avoidance amid economic uncertainty caused by the spread of Delta mutant strains.
Amazon plans to spend 120 billion US dollars to buy “Made in America” up 20% from last year
Amazon said on Thursday it plans to increase its spending on US suppliers by 20% this year to support US SMEs at a time when the Delta variant virus may bring more uncertainty. The company said it plans to purchase products and services worth more than 120 billion US dollars from more than 200,000 US companies this year. Most of these suppliers are small and medium-sized enterprises. This 20% increase in spending did not include companies selling products on the Amazon website, but rather companies that provided the goods and services needed to operate Amazon. Citing a report from Keystone Economics, Amazon stated,
SEC Chairman Seeks Senator Warren's Help to Tighten Cryptocurrency Industry Regulation
US Securities and Exchange Commission (SEC) Chairman Gary Gensler hopes Senator Elizabeth Warren can help overhaul cryptocurrency exchanges. In the four months since Gensler took office, he has raised the risks associated with cryptocurrency trading platforms several times. He wrote to Warren on August 5 saying that regulators needed more resources to protect investors. He also said that lawmakers should give regulators clear authorization to draw up regulations for such exchanges, including decentralized financial trading sites. “We need additional powers to prevent regulatory omissions in deals, products, and platforms,” he
Us bond yields have broken through three-week highs, and investment banks have made different forecasts for the future.
Original title: us bond yields break through three-week highs, investment banks make different forecasts for the future. On Tuesday, the yield on US 10-year bonds rose to 1.336 per cent, the highest level in more than three weeks. Treasury yields have risen for the fifth day in a row, the longest straight rise since early February. Although US bond yields have returned to an one-month high, given that the US economy has rebounded from before (the US GDP has rebounded at an annualised rate of 6.5% in the second quarter, 943000 jobs were added in July, and consumer prices have risen by 5% in the past year), the current level of yields is associated with rapid economic and employment growth.
Us second-hand housing sales rose in June for the first time in five months. The median house price hit a new high.
Us second-hand home sales rose in June for the first time in five months, as housing inventories improved slightly, indicating strong demand for housing. Sales of second-hand homes rose 1.4 per cent to 5.86 million units at an annual rate in June, according to data released by the National Association of Realtors (NAR) on Thursday, with a median forecast of 5.9 million units by economists surveyed. The improvement in second-hand home sales suggests that while rising house prices and low inventories have dampened sales in recent months, potential demand for homes remains strong. House prices are still rising. Last month, the median price of second-hand housing rose 23.4% from a year earlier to a record high of 363300 US dollars.
The US core CPI remained flat month-on-month for the second month in a row, indicating a slump in inflation
The US Core Consumer Price Index (CPI) remained flat for the second month in a row, demonstrating the continued suppression of inflation levels by the COVID-19 pandemic. According to data released by the US Department of Labor on Wednesday, the core CPI excluding food and energy costs rose 1.4% year on year. The overall CPI was once again driven by rising gasoline prices, which rose 0.3% month-on-month and 1.4% year-on-year. The median economists' estimate from the Bloomberg survey was a 0.2% month-on-month increase in core CPI and a 0.3% increase in overall CPI. Currently, debates about the path of inflation are heating up in financial markets. Although CPI data for January remains sluggish, the next few months
Alibaba's revenue for the third fiscal quarter was 221,084 billion yuan, up 37% year-on-year
On the evening of February 2, Beijing time, Sina Technology News reported that Alibaba (NYSE: BABA) today released financial results for the third quarter of fiscal year 2021 ending December 31, 2020 (note: Alibaba's fiscal year is not synchronized with the natural year, starting on April 1 of each year and ending on March 31 of the following year). Revenue was RMB 221,084 billion (US$33.883 billion), an increase of 37% over the previous year. Net profit was RMB 77.977 billion (approximately US$11.95 billion), an increase of 56% compared to RMB 50,132 billion in the same period last year. Do not press
Goldman Sachs Group: since the low point in March last year, retail investors have been outperforming the market and institutional investors.
"small potatoes have been beating big people for months." Whether retail investors can compete with the heavyweights of the market seems to have a better answer. In a client report released over the weekend, Goldman Sachs Group's David Kostin and his equity strategy team stressed that retail investors had outperformed the broader market and hedge fund investors since the low point in March 2020. "the basket of stocks most favored by retail investors has returned 17% so far this year and + 179% since its low in March 2020, outpacing the S & P 500 7," Costin wrote.
三星集团公司股价普涨 分析称料提高派息以助继承人支付遗产税
周一,韩国三星集团所属上市公司股票上涨。分析师表示,该家族企业集团一些子公司料将会提高派息,以助帮助去世的董事长李健熙的继承人利用持有股权筹集资金支付遗产税。 副董事长李在镕(Lee Jae-Yong)持有三星物产17.48%的股份,后者在早盘交易中一度飙升21%。根据Korea Investment & Securities的报告,三星集团的一些子公司料将提高派息。三星人寿一度上涨16%
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
US authorities reward Novartis “rebate door” whistleblower 109 million US dollars
According to news on the 23rd, Beijing time, the US Department of Justice said on Wednesday that a former sales representative of Swiss pharmaceutical giant Novartis received a bonus of 109 million US dollars for reporting the company's bribery against doctors. This is one of the biggest rewards given to whistleblowers by the US authorities so far. Earlier this month, Novartis reached a settlement with the US Department of Justice, agreeing to pay 678 million US dollars to settle a civil fraud lawsuit accusing the US government of providing rebates to doctors. The company has been charged with organizing thousands of false education campaigns to provide doctors with expensive speeches, extravagant dinners, and fine wine in exchange for their prescriptions to sell the company's cardiovascular and diabetes
Poly Properties is reportedly considering selling a London office building worth 195 million US dollars
Sina Finance reported on the 18th. According to sources, Poly Real Estate is considering selling an office building worth about 150 million pounds (195 million US dollars) in London. Sources revealed that Poly Real Estate invited several agents to compete for sales authorizations. The property is the law firm Charles. Russell Speechlys' headquarters building at 5 Fleet Place in the City of London was Poly Real Estate's first investment in the UK. According to media reports at the time, Poly Real Estate bought this office building for 145 million pounds in early 2016. According to the company's electricity
Physical retail is sluggish, and the income of the actor playing Santa Claus in the US may drop 8%
Sina US Stock News reported on the 25th Beijing time that Santa might not be happy this Christmas. This is because of his actors, the average income this year is expected to be about 8% lower than last year. According to data from the payroll survey website PayScale, the median salary for Santa Claus during the holiday shopping season this year was $37.60 per hour, down from $41 last year. The easiest place to see Santa Claus is still in the store. According to the International Council of Shopping Center (International Council of Shopping C)
Futures prices hit the biggest decline in two weeks, and spot palladium prices fell below $1,900
Sina US Stock, December 21 — Spot palladium prices fell further from the all-time high reached this week after falling below $1,900 per ounce, leading to the biggest decline in four months, as investors retreated after a strong record rally. At the same time, gold futures prices were suppressed, recording the biggest drop in two weeks, erasing that week's gains. Spot palladium fell 5% to $1839.47 an ounce, the biggest percentage drop since the beginning of August. “$1,900 was the trigger for the price drop,” FOREX.com's market analyst Fawad Razaqzad
Tencent Music Announces Up to $400 Million Stock Repurchase Plan
Sina Technology News reported on the evening of December 17, Beijing time. Tencent Music Group announced today that the board of directors has approved a stock repurchase plan that allows the company to repurchase up to 400 million US dollars of American Depositary Shares (ADS) over a 12-month period starting December 15, 2019. Tencent Music's stock price rose 3.39% to $11.88 before the US stock market.
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