Thu, April 18, 2024

Stock Markets

Stocks and coronavirus

Investors, Stocks, and World’s First Coronavirus Vaccine

It was full of challenges for the stocks in the Asia Pacific, as stocks recovered slightly from earlier losses in afternoon trade. Importantly, investors are closely monitoring the situation connected with coronavirus. Russian President Vladimir Putin made an important announcement. According to Putin, his country registered the world’s first coronavirus vaccine. Moreover, he mentioned that …

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Hospitality industry and coronavirus pandemic

Marriott Posted a Bigger-than-Expected Quarterly Loss

The coronavirus pandemic continues to dominate the headlines for several months in a row. For example, to understand the impact of the pandemic, it makes sense to have a look at Marriott International. It is worth mentioning that Marriott International posted a bigger-than-expected quarterly loss on August 10. The coronavirus pandemic had a dramatic impact …

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Hospitality industry and coronavirus pandemic

Shares of the Famous Hotel Operator Marriott International

Marriott International is one of the largest hotel chains in the world and this fact underlines the importance of this company to the hospitality business. However, even for the Marriott, the coronavirus pandemic is a major issue. Interestingly, the U.S. hotel operator posted a bigger-than-expected quarterly loss on Monday. It is not surprising as the …

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Chinese tocks on Friday

Shares of Chinese Tech Tencent Fell More than 5%

U.S. President Donald Trump issued executive orders connected with WeChat and TikTok. Those orders would ban both of them from operating in the country if their owners won’t sell WeChat and TikTok. Consequently, Chinese-owned parent companies have 45 days to sell TikTok and WeChat. Otherwise, they won’t be able to operate in the country. Notably, …

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Stocks and various factors

Stocks in Asia, Investor Sentiment, and Tensions

It was a day full of challenges for the stocks in the Asia Pacific. Importantly, stocks were mixed on Thursday, as investors are closely monitoring the situation connected with tensions between the U.S. and China.  Tensions between the two largest economies in the world started before the coronavirus pandemic. This year countries reached a partial …

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Disney+ and Netflix on phone – WibestBroker

Disney Reported Mixed Earnings for its Fiscal Third Quarter

Disney released information about its fiscal third quarter on Tuesday. Importantly, the world-famous company experienced problems due to the coronavirus pandemic. Unfortunately, the revenue fell 85% compared to the same period of time last year. Let’s have a look at the results. Revenue failed to meet the expectations. Moreover, Disney reported a net loss for …

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BP and its second-quarter results

Coronavirus Pandemic, BP and its Second Quarter Results

It is not a secret that companies suffered serious losses due to the coronavirus pandemic. The energy giant BP is not an exception. Importantly, the U.K-based energy giant lost billions of dollars. The energy giant reported a significant loss for the second quarter, after downgrading the value of some of its assets on expectations of …

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Apple

Apple Surpassed Expectations in the Third Quarter

Tech giant Apple reported better results than were expected despite the coronavirus pandemic. Their revenue reached $59.7 billion in the third fiscal quarter. Moreover, the company also announced its plans to give investors three additional shares of Apple per share already owned at the end of August as part of a 4-1 stock split. Importantly, …

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