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Asian Markets Tumble On US Inflation Data

4 years 4 months ago
(RTTNews) - Asian stock markets are trading mostly lower on Monday, following the broadly negative cues from Wall Street on Friday, as data showing a bigger than expected surge in U.S. inflation in May raised concerns about growth and the outlook for interest rates to trigger a s

Expedia Stock To Rebound After A 30% Fall?

4 years 4 months ago
After a 30% fall year-to-date (YTD), at the current price of around $130 per share, we believe Expedia stock (NASDAQ: EXPE) could see a rebound. EXPE stock has declined from $185 to $130 YTD, underperforming the broader indices, with the S&P falling 14% over the same period.

Oracle Stock To Beat The Consensus In Q4?

4 years 4 months ago
Oracle (NYSE: ORCL) is scheduled to report its fiscal Q4 2022 results on Monday, June 13 (after market close). We expect Oracle to edge past the consensus estimates of revenues and earnings. The technology giant posted mixed results in the last quarter, with revenues beating th

Will Medtronic Stock See Higher Levels?

4 years 4 months ago
Medtronic stock (NYSE: MDT) has fallen 9% in a month, underperforming the broader markets, with the S&P500 rising 3%. The company recently reported its Q4 FY22 results, which fell short of expectations. Medtronic’s revenue of $8.1 billion was down 1% y-o-y and fell sh

Why Is Baidu Stock Rallying?

4 years 4 months ago
Chinese search engine behemoth Baidu’s stock (NASDAQ: BIDU) has witnessed a solid rally over the last month, gaining over 40%, compared to the broader S&P 500 which was up about 4% over the same period. However, the stock still remains down by about 18% over the pa

South Korea steps up to a fearful new world

4 years 4 months ago
HONG KONG (Reuters Breakingviews) - South Korea is having a moment. As governments around the world fret about surging commodity prices, fragile economic growth and volatile markets, newly elected President Yoon Suk-yeol is kicking things off on

Japanese Market Sharply Lower

4 years 4 months ago
(RTTNews) - The Japanese stock market is sharply lower on Monday, giving up the gains in the previous session, with the Nikkei 225 plunging 800 points to stay just above the 27,000 mark, following the negative cues from Wall Street on Friday, with technology stocks and index heav

Lower Open Anticipated For Indonesia Stock Market

4 years 4 months ago
(RTTNews) - The Indonesia stock market has tracked lower in back-to-back sessions, surrendering almost 110 points or 1.6 percent along the way. The Jakarta Composite Index now rests just above the 7,085-point plateau and it may take further damage on Monday.

How Much ETH Does Joe Lubin Hold?

4 years 4 months ago
How much ETH does Joseph Lubin, the founder of Ethereum incubator ConsenSys, hold? No one knows, and he’s not saying.“No, I wouldn’t disclose that personally,” Lubin, once called the “Daddy Warbucks” of Ethereum, said on stage at Consensus 2022

Hong Kong Stock Market Predicted To Open In The Red

4 years 4 months ago
(RTTNews) - The Hong Kong stock market has moved lower in two straight sessions, sinking more than 200 points or 0.9 percent along the way. The Hang Seng Index now rests just above the 21,800-point plateau and it's looking at another soft start again on Monday.

Taiwan Stock Market Predicted To Open Under Pressure

4 years 4 months ago
(RTTNews) - The Taiwan stock market has finished lower in consecutive trading days, slumping more than 210 points or 1.3 percent along the way. The Taiwan stock Exchange now rests just above the 16,460-point plateau and it's expected to extend its losses on Monday.
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