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Beyond Meat shares dip 4% on bigger-than-expected loss, Q3 warning
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Asia stocks eye climb after U.S. rally on earnings
Asian stocks looked set to follow U.S. equities higher Friday after earnings helped Wall Street to a record close as some of the growth concerns stirred by the delta coronavirus strain eased.
Futures rose in Japan and Hong Kong and were steady in Australia. U.S. contracts fluctuated after the S&P 500 and Nasdaq 100 reached new peaks. A second weekly drop in U.S. jobless claims stoked optimism for a strong payrolls report Friday, which could spark market swings.
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Asian stocks looked set to follow U.S. equities higher Friday after earnings helped Wall Street to a record close as some of the growth concerns stirred by the delta coronavirus strain eased.
Futures rose in Japan and Hong Kong and were steady in Australia. U.S. contracts fluctuated after the S&P 500 and Nasdaq 100 reached new peaks. A second weekly drop in U.S. jobless claims stoked optimism for a strong payrolls report Friday, which could spark market swings.
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Asia stocks open steady as virus, China weigh
Asian stocks were off to a cautious start Wednesday as China’s clampdown on its technology giants and the spread of the delta Covid-19 strain subdue sentiment. Crude oil retreated.
Benchmarks edged lower in Japan, were SoftBank Group Corp. declined after a potential block of its $40 billion sale of Arm Ltd. to chip company Nvidia Corp. Equities were modestly higher in Australia and South Korea. U.S. equity contracts dipped. Overnight, corporate earnings took the S&P 500 to another record close.
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Asian stocks were off to a cautious start Wednesday as China’s clampdown on its technology giants and the spread of the delta Covid-19 strain subdue sentiment. Crude oil retreated.
Benchmarks edged lower in Japan, were SoftBank Group Corp. declined after a potential block of its $40 billion sale of Arm Ltd. to chip company Nvidia Corp. Equities were modestly higher in Australia and South Korea. U.S. equity contracts dipped. Overnight, corporate earnings took the S&P 500 to another record close.
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Earnings season is all about financial reports, and I believe most of us here, are not trained properly or professionally to study about financial reports. For myself, a person with science background, my head start to feel dizzy when I look at those figures and financial terms![]()
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Luckily, I’ve met two persons, Mr. Fong Siling and Mr. Harry Teo, which helped me on this and now, financial reports are not a stranger to me anymore. I would strongly recommend the series of book written by Mr. Fong Siling (Cold Eyes 冷眼) to all the newbies while for Mr. Harry Teo, his facebook live and contents are easy to follow and I had learnt a lot from both of them.
Alright, as mentioned earlier, currently is the earnings season where most of the companies will release their previous quarter reports to update about their business status....
Luckily, I’ve met two persons, Mr. Fong Siling and Mr. Harry Teo, which helped me on this and now, financial reports are not a stranger to me anymore. I would strongly recommend the series of book written by Mr. Fong Siling (Cold Eyes 冷眼) to all the newbies while for Mr. Harry Teo, his facebook live and contents are easy to follow and I had learnt a lot from both of them.
Alright, as mentioned earlier, currently is the earnings season where most of the companies will release their previous quarter reports to update about their business status....
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