
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.
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Plus500 does not provide CFD services to residents of United States.
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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.
Oil’s weeks-long downtrend has not yet been broken, as of the time of writing. A confluence of negative market projections in the U.S. and a slowdown in China, among other factors, could be the cause.
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, 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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