GameStop is back on the radar!
GameStop is back! It has already surged by 14% in pre-trade hours.
Alibaba: did coronavirus affect the earnings?
The Chinese e-commerce giant Alibaba will publish its earnings report on February 13, at 14:30 MT time.
This will be one of the most closely watched releases as investors will be assessing the impact of coronavirus outbreak on the spending in the e-commerce sector, logistics and supply chains. The company has already taken measures to support the distribution, which includes lowering the platform fees. The actual scope of the tragedy will be revealed with the publications of current and future financial data. For now, analysts anticipate the company to post EPS at $2.27 and the revenue of $22.66 billion. If the actual figures are weaker, it will be bad news for the Alibaba stock, which has been up by 29% over the past 12 months.
- If EPS and revenue outperform the forecasts, ALIBABA stock will rise;
- If EPS and revenue underperform the forecasts, ALIBABA stock will fall.
Similar
How will the Russian war against global media affect Twitter?
On Wednesday, Russia’s department of communications control Roskomnadzor slowed down Twitter’s speed. What does it mean for the stock?
Tesla: up 20% in one day - as usual
Why do we like Tesla so much? Here is why - check the article.
Latest news
All eyes on US retail sales
US retail sales will be out on Thursday, April 15, at 15:30 MT. It is a significant release for traders as it will impact the US dollar.
JPMorgan's Q1'2021 earnings beat expectations!
As the earnings season kicks in, JPMorgan is the first to impress us with the better-than-expected data!
NZD will be driven by RBNZ
The Reserve Bank of New Zealand will hold a meeting on Wednesday, April 14, at 05:00 MT.
Deposit with your local payment systems
