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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.
Every year in early autumn Apple holds its event where it presents new iPhones, Apple Watches, and iPads. This year wasn’t an exclusion. But yesterday’s presentation didn’t result in Apple stock growth, and here’s why.
Richard Branson offloaded nearly 10 million shares, which equals about 4% of the Virgin Galactic stock, leaving him with an 18% stake.
Today at 00:00 GMT+3 SPCE will present the second quarter 2021 financial results. We will get to know everything about the company's financial condition and plans.
Good morning, our dear traders! Are you ready for the news that is worth following for trading today? Let’s see! Today’s events: 14:00 GMT+2, EUR, ECB President Lagarde Speaks 16:30 GMT+2 CHF, Gov Board Member Maechler Speaks Bitcoin’s…
It’s Wednesday, my fellow traders! The day is filled with news and events you need to know, and here’re some of them.
Happy Tuesday, dear traders! Every day brings new opportunities to trade! Let’s see what you need to know: Today’s events 07…
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