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Plus500 News & Market Insights

News & Insights


Tencent Posts First-Ever Revenue Drop

Tencent Posts First-Ever Revenue Drop

For the first time in its eighteen years as a publicly-traded company, Tencent revealed a fall in quarterly revenue yesterday. The Chinese economy’s slowdown as well as increased regulation may be the culprits.

July Fed Meeting Minutes Scheduled for Release

July Fed Meeting Minutes Scheduled for Release

Tomorrow, the minutes from the Federal Reserve’s most recent meeting will be released. Traders could be waiting for clarity about the Fed’s decision-making process and what’s next on Wednesday afternoon.

Walmart, Target, Lowe’s to Release Earnings

Walmart, Target, Lowe’s to Release Earnings

Walmart, Target, and Lowe’s are all expected to release quarterly earnings reports in the next two days. They may reveal crucial information about recent U.S. consumer behaviour in an inflationary environment.

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