After causing widespread selloffs around the world, do investors see Evergrande’s risks over, as they bid up European indices and even Chinese currencies?
An improving economy is normally expected to provide a rosier picture of company profits and economic activity. However, this Friday’s U.S. jobs report may have a different effect on investors, after recent comments by Fed Chair Jerome Powell.
Investors baulked at Zoom Video Communications by selling off the stock, despite the company registering a $1 billion record-breaking revenue. What were their reasons?
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