World stocks paused near six-week highs on Monday as investors girded for the busiest week of third quarter earnings in the backdrop of slowing growth, with widening inflation risks from multi-year-high crude oil prices weighing on sentiment.
Ahead of Facebook Inc's financial results on Monday, the social media giant is expected to be hurt more than others in big tech by Apple Inc's iPhone privacy changes, investors fear, after Snap Inc missed revenue targets last week.
You've no doubt heard the old warning about not throwing good money after bad. That's wise. But for investors, it's important to know exactly what bad really means in this context.
Most European stock indexes tiptoed higher on Monday, led by commodity and banking stocks, while investors awaited a flurry of earnings reports with several behemoths set to post results this week.
World stocks held their ground on Monday after eight consecutive sessions of gains, as traders weighed the prospects of strong corporate earnings in the backdrop of widening inflation risks from multi-year high crude oil prices.
European shares tiptoed higher on Monday, led by miners and energy stocks as commodity prices strengthened, while investors awaited a flurry of earnings reports with several behemoths set to publish results this week.
Asian shares held recent gains on Monday ahead of a week packed with major quarterly earnings announcements, while news of trials of a property tax in China and ongoing troubles in the sector weighed on markets in Hong Kong and mainland China.
Australia unveiled plans on Monday to make social media companies obtain parental consent for users under the age of 16, with multimillion dollar fines for failing to comply.
Asian shares edged higher on Monday ahead of a week packed with major quarterly earnings announcements though news of trials of a property tax in China weighed on Hong Kong and mainland Chinese markets.
The Australian regulator behind a law forcing large internet platforms to negotiate licencing deals with media outlets said on Monday he was "concerned" about Facebook Inc's cooperation, seven months after the rule took effect.
Asian shares started steady on Monday ahead of a week packed with major quarterly earnings announcements, while the dollar hovered near October lows after three weeks of risk-friendly sentiment hurt safe-haven currencies.
Friday's news about Snap's revenue miss and its weaker-than-expected fourth-quarter guidance was a reminder of how earnings season can bring some major surprises from time to time. In Snap's case, the surprise was to the downside. But that's not always the case.
Investors are homing in on a flood of earnings reports from Wall Street’s tech and Internet giants, as the high-growth stocks that have led markets higher for years face pressures from regulation, supply-chain snags and rising Treasury yields.
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