Can the earnings season continue to support the rally of US stocks? Is the super commodity bull market over?

Article | Liu Shuo Sina Financial News on July 16, US Eastern time, Sina Finance had a dialogue with Gain Capital analyst Tony Sycamore on the recent second-quarter bank stock results and commodity price trends of US stocks. Tony believes that banks' better-than-expected results but the cold market is related to falling trading revenue, and the slowdown in future revenue growth is also a concern for investors. In an interview, Tony believes that people from all walks of life generally expect too much for the second quarter's results, but the decline in trading volume has led to a decline in trading revenue, which may have an impact on banks' revenue.

新浪財經Jul 17, 2021 20:54

The diamond industry miraculously recovered, and De Beers raised prices sharply again

De Beers, the world's largest diamond producer, has raised the prices of some rough diamonds by around 10% to benefit from a strong recovery in diamond demand. After coming to a standstill at the beginning of the pandemic last year, the global diamond industry has rapidly recovered over the past six months. This created an opportunity for the biggest producers to quickly raise prices. De Beers has been raising prices since the end of last year, and has now returned to pre-COVID-19 levels. In the first three sales cycles of the year, the company's rough diamond sales exceeded $1.6 billion, the highest level since 2018. According to people familiar with the matter, the company will have some more than 2 carats this week

新浪財經Jun 8, 2021 09:56

Us non-farm data in May are about to be released. Economists have prepared for all kinds of surprises.

Economists were surprised by the fact that the US non-farm payrolls data for April fell far short of expectations, and when the data were released in May, they were ready for a variety of situations. Economists' expectations for non-farm payrolls growth in May vary widely, from as low as 335000 to as high as 1 million, according to a Bloomberg survey. Last month's data were disappointing and lower than all economists had expected, and some forecasters adjusted their models ahead of Friday's new data. "I have some models that show zero, while others show 1 million people," said Aneta, chief U.S. financial economist at Jefferies LLC.

新浪財經Jun 3, 2021 18:41

Baidu, Inc. fell 4.6% before trading. The fourth quarter results show that the company's net profit is down 25% from the same period last year.

Baidu, Inc. fell 4.6% before trading after Baidu, Inc. released its fourth-quarter results. Baidu, Inc. 's total revenue in the fourth quarter was 30.3 billion yuan ($4.64 billion), up 5% from a year earlier, and its net profit was 5.2 billion yuan ($794 million), according to the financial report. Baidu, Inc. 's non-US GAAP net profit was 6.9 billion yuan ($1.05 billion), down 25 per cent from a year earlier. For the whole year of 2020, the company's total revenue was 107.074 billion yuan, a decrease of 0.3% compared with 107.413 billion yuan in the same period of the previous year, and its net profit was 22.472 billion yuan.

新浪財經Feb 18, 2021 21:45

Treasury yields soared to an one-year high as investors bet that inflation would rise

Treasury yields rose to their highest level since February 2020 as rising energy costs and new fiscal stimulus in the US boosted reflation trading; 10-year Treasury yields surpassed the highs reached when the pandemic hit the market in March last year. At one point, it rose 8 basis points to 1.287%. Driven by the market's sell-off of developed country government bonds, the yield on 30-year US bonds exceeded 2%. The global bond market got off to its worst start to the year since 2013 as investors who saw signs of recovery in the global economy prompted managers to leave the bond market and switch to equities. Extreme cold days in the southern United States lead to energy prices

新浪財經Feb 17, 2021 01:37

The dating app Bumble closed up more than 60% on the first day it went public

The women-centered dating app Bumble landed on the NASDAQ on Thursday. On the first day of the IPO, it surged 76.74%. The final closing price surged 63.51% to 70.31 US dollars, with a market capitalization of 7.6 billion US dollars. Bumble raised $2.2 billion from investors at an issue price of $43 per share. Its IPO price is well above the $37 to $39 issue price range, indicating strong investor demand for the emerging tech company. This offering marks the rapid development of Bumble. Based on the total number of shares issued and calculated at the issue price, the company's market capitalization will

新浪財經Feb 12, 2021 05:41

Global app consumer spending reached a record high, and the US saw the smallest increase

FX168 Financial News (North America) News On Thursday (February 11), a new report by Sensor Tower showed that according to various estimates, global app downloads and consumer spending both reached record highs in 2020, reaching 111 billion to 112 billion US dollars. Subscription fees account for an increasing proportion of this. The revenue of the world's top 100 subscription apps (excluding games) increased 34% year over year, from $9.7 billion in 2019 to $13 billion. Undoubtedly, the App Store accounts for a large portion of subscription revenue, as it is in terms of consumer spending

FX168Feb 12, 2021 04:16

参议院周六召开会议讨论巴雷特的提名 周一将确认结果

新浪财经Oct 25, 2020 02:35

Libbey Plans to Cease Production at Shreveport, La., Facility by End-2020 >LBYYQ

Dow Jones NewswiresAug 17, 2020 15:48

Libbey Files Amended Plan of Reorganization in the U.S. Bankruptcy Court for the District of Delaware >LBYYQ

Dow Jones NewswiresAug 17, 2020 15:47

Press Release: S&PGR Withdraws All Libbey Inc. Ratings At Company's Request

Dow Jones NewswiresJun 26, 2020 01:31