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Earnings latest

Earnings latest

First quarter earnings season has started and Wall Street analysts generally expecting another positive performance for big banks.
  • Business
    Bloomberg

    Tencent, Alibaba earnings are key to longer China stock rally

    (Bloomberg) -- The bounceback in Chinese stocks from their multi-year lows risks running out of steam unless the nation’s tech giants can deliver on their earnings next week.Most Read from BloombergTrump Judge Indefinitely Postpones Documents Case TrialOne Out of Every 24 New York City Residents Is Now a MillionaireIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortTrump’s Private Life Exposed in Intimate Stormy Daniels TestimonyIndex heavyweights Tencent Holdings Ltd. and Alibaba Group Ho

  • Business
    Reuters

    Europe's STOXX 600 hits record high on earnings-driven optimism

    (Reuters) -Europe's benchmark stock index hit a record high on Wednesday, on continued cheer over strong earnings from the likes of beer maker Anheuser-Busch Inbev and Germany's Siemens Energy, while investors also mulled the fate of major central bank rate cuts. The pan-European STOXX 600 rose 0.3% of 0830 GMT to a record high, following Tuesday's more than 1% jump. The STOXX 600 has regained some lost ground, after losing steam in April, as corporate earnings have been resilient, the European Central Bank is confident of a likely first rate cut in June and as Middle East tensions are somewhat ebbing.

  • Business
    Bloomberg

    Stocks Tick Higher on Earnings With Dollar Rising: Markets Wrap

    (Bloomberg) -- European stocks ticked higher on a clutch of strong company reports as traders sought firm evidence of an earnings recovery before taking this month’s rally further. The dollar gained. Most Read from BloombergTrump Judge Indefinitely Postpones Documents Case TrialOne Out of Every 24 New York City Residents Is Now a MillionaireIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortTrump’s Private Life Exposed in Intimate Stormy Daniels TestimonyThe Stoxx 600 traded up 0.3% as bre