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Thailand’s New Retail Investors Boost Stock Turnover to Record By Bloomberg

(Bloomberg) -- Thailand’s stock market has never been busier as a growing number of people join a global surge of individual traders chasing returns. Average daily trading turnover jumped to 99 billion baht ($3.3 billion) this month through Wednesday, set for a monthly record, according to data compiled by Bloomberg. Transactions by individuals this month made up about 46% of total trading, an...

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Asian equities set to gain as short-squeeze subsides; dollar eases By Reuters

By Alwyn Scott NEW YORK (Reuters) - Asian stocks were set to rise on Friday after U.S. shares rallied and the dollar eased overnight, as fears of social-media driven hedge fund selling abated and the U.S. earnings season got off to a strong start. Concern about a hedge-fund rout that gripped the market on Wednesday eased after trading platforms Robinhood and Interactive...

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Johnson ‘immensely proud’ as visa offer for Hong Kong citizens launches By Reuters

LONDON (Reuters) - Prime Minister Boris Johnson on Friday hailed a new visa scheme that offers qualifying Hong Kong citizens a route to British citizenship - a programme launched in response to China's new security laws in the former colony. The scheme, first announced last year, opens on Sunday and allows those with "British National (Overseas)" status to live, study and work...

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Daimler 2020 operating profit beats guidance and forecasts By Reuters

FRANKFURT (Reuters) - Daimler said on Thursday a strong fourth quarter helped it post better-than-expected 2020 group operating profit and that it was optimistic for 2021. The Stuttgart-based maker of Mercedes-Benz cars and trucks warned, however, that current shortages in semiconductors and COVID-19 disruptions would probably affect the first quarter. Thanks to cost savings and a faster-than-expected recovery in the auto sector,...

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Western Digital Earnings, Revenue beat in Q2 By Investing.com

Western Digital reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations. Western Digital announced earnings per share of $0.69 on revenue of $3.94B. Analysts polled by Investing.com anticipated EPS of $0.5279 on revenue of $3.87B. Western Digital shares are down 4% from the beginning of the year and are trading at $52.65 ,...

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Skyworks Earnings, Revenue beat in Q1 By Investing.com

Skyworks (NASDAQ:SWKS) reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations. Skyworks announced earnings per share of $3.36 on revenue of $1.51B. Analysts polled by Investing.com anticipated EPS of $2.09 on revenue of $1.06B. Skyworks shares are up 4.47% from the beginning of the year and are trading at $164.00 , down-from-52-week-high.They are...

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Mondelez Earnings, Revenue beat in Q4 By Investing.com

Mondelez (NASDAQ:MDLZ) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations. Mondelez announced earnings per share of $0.67 on revenue of $7.30B. Analysts polled by Investing.com anticipated EPS of $0.6651 on revenue of $7.15B. Mondelez shares are down 2.33% from the beginning of the year and are trading at $57.96 , down-from-52-week-high.They are...

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Dow Cuts Some Gains Into Close but Ends Higher as Cyclicals Rally By Investing.com

By Yasin Ebrahim  The Dow cut its gains into the close but still ended higher Thursday, driven by mostly bullish quarterly earnings and a rise in cyclicals on expectations the economy is set to rebound strongly.  The Dow Jones Industrial Average rose 0.99%, or 300 points, but had been over 600 points higher. The S&P 500 was up 0.91%, while the Nasdaq Composite gained...

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GameStop, AMC Jump as Robinhood Set to Allow Limited Buying on Friday By Investing.com

By Yasin Ebrahim Investing.com –  GameStop, AMC, Nokia (NYSE:NOK) and a slew of other "meme stocks" backed by retail investors jumped in after-hours trade Thursday, after online trading platform Robinhood said it would lift some trading restrictions on the stocks. GameStop (NYSE:GME) rose 31% to $259 in after-hours trade after closing down 43%. AMC Entertainment (NYSE:AMC) 21% to $10.56 after falling 56% on...

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