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A large number of European economic data reports that European stocks had a good start in June
Original title: [European Market Express] A large number of European economic data reports that European stocks got off to a good start in June Source: FX168 On Tuesday (6/1), the European stock market began a new month with an upward pattern. Important European economic indicators boosted market sentiment. At the same time, commodity prices are rising along with hopes that the global economy will continue to recover at an accelerated pace. As of the publication of this article (18:30 Beijing time), the British FTSE 100 Index, the German DAX Index, and the French CAC Index rose 1.14%, 1.41%, and 0.86% respectively. Today's gains ranged widely, including automotive, industrial, and
Musk: The real war is between fiat money and cryptocurrency, I support the latter
Some netizens asked Musk what he thought of those who were mad at cryptocurrencies. Tesla CEO Elon Musk responded that the real battle was between fiat money (Fiat Money, Fiat currency) and cryptocurrency. Overall, I support the latter.
Baidu, Inc. rose more than 3% before trading, and his revenue and net profit in the fourth quarter were better than market expectations.
Baidu, Inc. rose 3.6% before trading, with revenue and net profit better than the market expected in the fourth quarter, and announced that he had confirmed the CEO and brand of the electric vehicle joint venture with Geely. Baidu, Inc. 's financial report shows that Baidu, Inc. achieved 30.3 billion yuan in revenue in the fourth quarter, and the net profit attributed to Baidu, Inc. (non-American GAAP) reached 6.9 billion yuan, exceeding market expectations for four consecutive quarters. In 2020, Baidu, Inc. earned 107.1 billion yuan in revenue and 22 billion yuan in net profit (non-GAAP). In addition, Li Yanhong, chairman and CEO of Baidu, Inc., revealed at Baidu, Inc. 's unaudited financial conference call for the fourth quarter and the whole year of fiscal year 2020 that Baidu, Inc.
IQI fell more than 10% in front of the market, and the number of subscription members declined in the fourth quarter.
IQiyi fell more than 10% in front of the market, and the number of subscription members declined in the fourth quarter. According to the financial report, iQIYI, Inc. 's total revenue in fiscal 2020 reached 29.7 billion yuan, up 2% from the same period last year. The net loss was 7 billion yuan, compared with 10.3 billion yuan in fiscal year 2019, narrowing the loss compared with the same period last year. IQIYI, Inc. 's total revenue in the fourth quarter was 7.5 billion yuan, and the net loss was 1.5 billion yuan, compared with a net loss of 2.5 billion yuan in the same period in 2019. In iQIYI, Inc. 's revenue structure, member service revenue exceeded advertising revenue for the first time since the third quarter of 2018. This financial report is slightly lower than the market.
Last year, US gaming revenue plummeted 31% to a 17-year low.
Casino revenues in the United States plunged 31.3 percent to $30 billion in 2020, the lowest since 2003, mainly due to the devastating impact of COVID-19 's epidemic, according to a report released by the American Gaming Association (AGA) on Wednesday. This is the first annual decline in US casino revenues since 2014. Casinos in the United States lost 27% of their normal business days due to the forced closure of casinos to reduce the spread of the virus. Revenues fell in all 24 states where casinos were legalized, with casino revenues in new Mexico falling the most, by 79%, because they were closed for longer than other states. General Manager of American Gaming Association
The household mortgage burden in the United States has exceeded $10 trillion for the first time.
Us household debt rose by $206 billion in the fourth quarter to a record $14.56 trillion, a full-year increase of 3 per cent, according to data released by the New York Fed on Wednesday. Of this total, mortgage debt exceeded the $10 trillion mark for the first time, up 5 per cent over the past year. Credit card debt rose slightly in the fourth quarter, but fell 12% for the whole year from 2019, the biggest drop since records began with the new York fed. The fundamental reason behind this is the loose policy triggered by the epidemic, with homeowners refinancing at low interest rates over the past year and urban residents moving to the suburbs. The code of tolerance for delinquency is also stabbed.
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