Today’s Trading Prospects
US stock earnings: ASML, Bank of America, Morgan Stanley
ECB interest rate decision in December
U.S. market-saturated analysts downgrade Netflix’s full-year subscriber total forecast
As a big winner in the epidemic home economy, Netflix (NFLX-US) is scheduled to announce its last quarter earnings following the market on Thursday (20th). With the gradual saturation of the European and American markets, analysts revised down Netflix’s forecast for the total number of users for the whole year, saying that subscriber growth will be mainly supported by the Asia-Pacific region.Read the full article…
The biggest acquisition in game history!Microsoft spends 68.7 billionDollarAcquired by Activision Blizzard
Microsoft (MSFT-US) announced on Tuesday (18th) with a 68.7 billionDollarAll-cash acquisition of famous American game developer Activision Blizzard (ATVI-US), which inspired the latter’s stock price to soar more than 37% in pre-market trading, and Microsoft’s pre-market decline of more than 2%.Read the full article…
Goldman Sachs Q4 profit misses expectations, investment banking revenue surges 45%
Goldman Sachs (GS-US) fourth-quarter profit fell short of analysts’ expectations as operating expenses surged 23% from a year earlier due to high payrolls and provisions.Read the full article…
Howard Marks warns that inflation is too high, two strategies can get through the storm
Oaktree Capital co-founder Howard. Howard Marks said on Tuesday that inflation, now approaching a four-year high, has reached “excessive” levels, but he advised investors to keep their existing portfolios and use two strategies, floating-rate debt and real estate. In response to the threat of inflation.Read the full article…
Two major U.S. telcos delay some new 5G services following ANA and JAL cancel some flights
AT&T (the two major US telcos)T-US) and Verizon (VZ-US) on Tuesday (18th) agreed to delay the rollout of some new 5G services in an effort to address Fei’an concerns.Read the full article…