JPMorgan Chase & Co: the risk of the US debt ceiling to the market "seems to be moderate"

JPMorgan Chase & Co strategist Jay Barry said at an event at the Brookings Institution on Tuesday that the risk posed by the current debt ceiling "seems moderate" because investors seem willing to buy cheaply, given the abundance of capital in the financial system. The current risk is about half of what it was in 2011 and 2013, he said, because it was not seen spreading across the yield curve. Although investors are anxious about a potential default, leading to a rise in Treasury yields, "liquidity is very abundant, and there are other less constrained investors who seem to buy these once prices go down."

新浪美股Oct 6, 2021 22:07

Top 20 of US stock turnover on October 1st: Merck & Co Inc said the new drug could halve COVID-19 's death rate.

In the early morning of the 2nd, Beijing time, U. S. stocks closed higher on Friday, but all three major stock indexes fell this week. U.S. president Joe Biden signed a short-term spending bill to avoid a federal shutdown, but did not address the risk of a possible default by the United States. The Dow closed up 482.54 points, or 1.43%, at 34326.46; the Nasdaq was up 118.12 points, or 0.82%, at 14566.70; and the S & P 500 was up 49.50 points, or 1.15%, at 4357.04. This week, the Dow is down 1.36%, the S & P 500 is down 2.2%, and the Nasdaq is down 3.2%. Friday

新浪財經Oct 2, 2021 04:53

Logitech's operating profit doubled in the first quarter and the demand for home office continued to rise.

Logitech, a computer peripherals maker, said on Tuesday that operating profit and sales grew strongly in the first quarter of fiscal 2022, thanks to rising demand for home-based offices. The company's non-GAAP operating profit doubled to $235 million in the fiscal first quarter to the end of June. Sales rose 66% to $1.31 billion from $792 million a year earlier. Trends such as working from home and the rise of online games continue to drive Logitech's performance, allowing the company's sales to grow further from the high base driven by last year's epidemic. The unprecedented surge in demand prompted Logitech to improve its performance index five times.

新浪財經Jul 27, 2021 10:07

Musk taunts Apple: We don't do “walled gardens”

Tesla CEO Elon Musk satirized Apple twice during the company's earnings call on Monday, once about Apple's use of cobalt and once about the company's “walled garden” policy. When asked about Tesla's supply chain, Musk said that there is a misunderstanding in the market that Tesla uses a lot of cobalt. “I think Apple uses close to 100% of cobalt in their batteries, phones, and notebooks, but Tesla doesn't use cobalt in iron phosphate battery packs, and hardly uses cobalt in nickel-based chemicals.” Musk slams Ping when talking about opening up charging networks to rivals

新浪財經Jul 27, 2021 08:17

Musk said he may not attend the earnings conference in the future unless there is a major announcement.

Tesla CEO Elon Musk said on the company's second-quarter earnings call on Monday that he may no longer attend quarterly earnings calls in the future. Musk said, of course, he will also attend the annual shareholders' meeting, "but I think I will probably not participate in the earnings conference call in the future, unless there is something very important for me to say." In response to a question about whether he would be interviewed by YouTube users, Musk said that there was only so much time in a day, and if he was interviewed, he would not be able to do "other work."

新浪財經Jul 27, 2021 08:02

Retail sales in the US in June may fall short of expectations, but it would be a good thing for stocks and bonds to be bullish

There is a high possibility that the June retail data released by the US on Friday will be lower than expected. It may create a very favorable environment for investors in the stock market and bond market: the Federal Reserve continues its easing policy, and retail prices are not pressured upward. An important component of retail sales data is manufactured goods data. Given that more consumption shifts from physical goods to services as the economy restarts, retail sales data is less likely than expected. The above chart shows that both the manufacturing and service sector PMI declined in June, indicating that retail sales in that month had little room to rise. Furthermore, since retail sales data does not include service products,

新浪財經Jul 14, 2021 22:53