$Global X Copper Miners ETF(COPX)$I bought high but managed to sell higher.Now retraces looking to buy back as commodityShould be on uptrend. What do you think?
$OVERSEA-CHINESE BANKING CORP(O39.SI)$ OCBC profit surges 31% in record quarter for Singapore banks SINGAPORE, Nov 4 (Reuters) - Southeast Asia's second-largest lender Oversea-Chinese Banking Corp Ltd (OCBC) (OCBC.SI) joined its Singapore peers in beating market estimates and pumping out record quarterly profits as banks rake it in on higher interest rates. The city-state's banks, which boast some of the strongest capital buffers in the world, have effectively weathered the COVID-19-induced slump and are now benefiting from rebounding Asian economies. But analysts say growth could be derailed by a big increase in U.S. interest rates - already at multi-year highs - as central banks try and tackle runaway inflation. "Net
$Amazon.com(AMZN)$ . The Alexa division is part of the "Worldwide Digital" group along with Amazon Prime video, and Business Insider says that division lost $3 billion in just the first quarter of 2022, with "the vast majority" of the losses blamed on Alexa. That is apparently double the losses of any other division, and the report says the hardware team is on pace to lose $10 billion this year. It sounds like Amazon is tired of burning through all that cash. The BI report spoke with "a dozen current and former employees on the company's hardware team," who described "a division in crisis." Just about every plan to monetize Alexa has failed, with one former employee calling Alexa "a colossal failure of imagination,"
$GENTING SINGAPORE LIMITED(G13.SI)$ Genting Singapore Q3 net profit more than doubles to S$135.8 million as travel recovery continues GENTING Singapore reported on Thursday (Nov 10) a more than 100 per cent increase in net profit for its third quarter, on the back of stronger gaming and non-gaming revenue. Net profit for the three months ended Sep 30, 2022, rose to S$135.8 million from S$60.7 million in the same period a year ago, the operator of Resorts World Sentosa (RWS) said in a business update filed to the Singapore Exchange. The Q3 net profit was also significantly higher than the S$44.1 million net profit posted in the second quarter of FY2022. Genting Singapore’s stronger profits come on the back of improved revenue, as recovery fr
China Markets Rally After Unconfirmed Social Posts on Reopening ▪️Stocks, yuan extend gains on speculation Covid Zero may loosen ▪️Hang Seng China gauge bounces back from lowest since late 2005 Chinese stocks roared back from a rout and the yuan strengthened as speculation mounted that policymakers are making preparations to gradually exit stringent Covid restrictions. The Hang Seng Tech Index jumped as much as 9.3% Tuesday, while a stock gauge tracking Chinese companies listed in Hong Kong rose more than 6%, bouncing back from its lowest close since late 2005. The CSI 300 Index of onshore shares gained more than 3%. https://www.bloomberg.com/news/articles/2022-11-01/tech-leads-broad-rally-in-chinese-stocks-after-historic-rout
$Apple(AAPL)$ Apple (AAPL) reported its fiscal fourth-quarter earnings on Thursday, reporting record revenue but missing analysts' expectations in key categories such as iPhone and services. Here are the numbers that came down Thursday from the iPhone-maker, as compiled by Bloomberg. Revenue: $90.15 billion actual versus $88.64 billion expected EPS: $1.29 actual versus $1.26 expectediPhone: $42.63 billion actual versus $42.67 billion expected Extracted From Yahoo Finance
$Kinross(KGC)$ Kinross reports 2022 third-quarter results November 09, 2022 Company reports increased quarterly production and lower costs Returned capital of approximately $300 million year-to-date TORONTO, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX: K, NYSE: KGC) (“Kinross” or the “Company”) today announced its results for the third-quarter ended September 30, 2022. This news release contains forward-looking information about expected future events and financial and operating performance of the Company. Please refer to the risks and assumptions set out in our Cautionary Statement on Forward-Looking Information located on page 30 of this release. All dollar amounts are expressed in U.S. dollars, unless otherwise noted. Re
$COMFORTDELGRO CORPORATION LTD(C52.SI)$An interim dividend of S$0.0285 per share and a special dividend of S$0.0141 have been declared. This is higher than the S$0.021 interim dividend paid out for the same period a year earlier.The special dividend came from a one-off exceptional gain of S$30.5 million from disposal of the group’s Alperton property in London. Excluding the gain, net profit stood at S$88.2 million.Extracted from the business times
$Meta Platforms, Inc.(META)$Meta could begin large-scale layoffs this week, report says KEY POINTS Meta could begin to carry out large-scale layoffs as soon as Wednesday, according to a report from the Wall Street Journal. The layoffs are expected to impact thousands of employees, the report said. The layoffs are expected to impact thousands of employees, the report said, and the move would mark the first major headcount reduction in Meta's history. At the end of September, the company reported that it had more than 87,000 employees. A Meta spokesperson declined to comment and referred CNBC to Zuckerberg's comments on the company's latest earnings call last month. "In 2023, we're going to focus our investments on a small number of high priority gr
$GENTING SINGAPORE LIMITED(G13.SI)$Declared interim 1c dividend! Last year there wasonly final dividend of 1c. Things are picking up. Bullish and hope it will shoot past 90c
$Apple(AAPL)$Apple flags hit to iPhone shipments from Chinese Covid-19 disruptions APPLE Inc on Sunday said it expects lower iPhone 14 Pro and iPhone Pro Max shipments than previously anticipated as Covid-19 restrictions temporarily disrupt production at an assembly facility in Zhengzhou, China. “The facility is currently operating at significantly reduced capacity,” the iPhone maker said in a statement. “Customers will experience longer wait times to receive their new products,” it further added. Reuters last month reported that production of Apple’s iPhones could slump by as much as 30 per cent at one of the world’s biggest factories next month due to tightening Covid-19 curbs in China. Separately, Taiwan’s Foxconn, App
Target price by when ? Immediate within a monthmaybe $6? By year end $7? But things mightchange when variant comes out as economy isopening up so ding dong around 5 to 8 dollars