Singapore Airlines Stock Corrects After 5 Consecutive Days of Gains
Singapore Airlines stock corrected 2% in Tuesday’s trading after 5 consecutive days of gains. The stock has surged 10% in the past 5 days.Strong demand and a continued recovery in the global aviation industry led Singapore Airlines’ (SIA) net profit to soar to S$1.2 billion for the second half ended March, reversing a loss of S$125.2 million in the corresponding year-ago period.The group’s H2 earnings were up 32.7 per cent, or S$303 million higher, compared with the first half ended September 2022.The stronger second-half bottom-line results helped the group post its highest full-year net profit in its 76-year history to S$2.2 billion for FY2022/23, versus a net loss of S$962 million in FY2021/22, the company said in a bourse filing on Tuesday (May 16). SIA’s board has recommended a f
Netflix Earnings Forecast: Will Q1 "Horror" be staged again?
On July 9th, it was reported that the new users were the horror data of Netflix$Netflix, Inc.(NFLX)$ . In Q1, because the growth of new users was less than expected, the market completely ignored the expectation of financial report, and the stock price was directly lowered to 10 points after the financial report was released, which made the stock price of Netflix Q2 keep rising, but it still did not return to $549.57 on the eve of the first quarterly report. After the US stock market closed on July 20th, Netflix will release its Q2 financial report in 2021. Will the "horror" scene be staged again? What are the key points worth paying attention to? Review of First Quarter Performance Netflix's profit and revenue in the first quarter of this year were
Video game retailer Gamestop(GME) was set to gain for the fifth consecutive session, up 22% to $237, building on Monday’s 41.2% gain after the company said it had tapped shareholder Ryan Cohen to lead a shift towards e-commerce.
(March 5) U.S. stock indexes firmed on Friday after a three-day pullback for the S&P 500 and the Nasdaq, as investors looked to data that is likely to show accelerated jobs growth in February. The crucial nonfarm payrolls report is expected to show the U.S. economy benefited from falling new ** cases, quickening vaccination rates and additional pandemic relief money from the government.However, the report will also be a reminder that the recovery in the labor market is excruciatingly slow. At 07:30a.m. EST, Dow E-minis were up 28 points, or 0.09%, S&P 500 E-minis were up 2.50 points, or 0.07% and Nasdaq 100 E-minis were down 18.75 points, or 0.15%. *Source FromTiger Trade, EST 07:30 U.S. Market Yesterday Federal Reserve Chair Jerome Powell on
(March 4) Dow Jones futures fell modestly Thursday morning, along with S&P 500 futures and Nasdaq futures, but are paring losses. The Dow Jones sank modestly Wednesday while the Nasdaq tumbled to fresh lows, but the stock market rally isn't "all dead" yet. Futures for the Dow Jones Industrial Average fell 53 points to 31,183.00 while the Standard & Poor’s 500 index futures down 11.50 points at 3,805.25. Futures for the Nasdaq 100 index retreated 41.5 points to 12640.25. *Source From Tiger Trade, EST 08:46 Latest News 1) Okta(OKTA) – Okta tanked 10.5% in premarket trading after announcing it is buying customer management software provider Auth0for $6.5 billion in stock. The provider of identity management software also reported quarterly earnings of 6 cents per share, compared