Trading Ideas

(Bloomberg) — Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.Deutsche Bank AG struggled to boost revenue in two key units and reported a larger-than-expected loss in the fourth quarter, overshadowing trading gains at the investment bank as Chief Executive Officer Christian Sewing seeks to turn around the lender.Germany’s largest bank reported a loss of 1.5 billion euros ($1.65 billion), compared with estimates for 1.04 billion euros, after taking bigger writedowns in the final three months of the year than analysts had anticipated. While trading revenue surged, the transaction bank — at …read more […]

(Bloomberg) — Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.Royal Dutch Shell Plc slowed the pace of share buybacks as profit missed expectations, underscoring the pressure on Big Oil due to slumping natural gas prices and weaker refining.The results set a gloomy tone for what is expected to be a broadly weaker set of quarterly results for the industry. The final months of last year saw gas trade at historic lows, while slowing economic growth shrank margins from making fuel and chemicals.The Anglo-Dutch company first warned investors last quarter that it …read more […]

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It said it was looking at “all options” for the business, which achieved annual turnover of 3 billion euros ($3.3 billion). The results cap a tough year for a group that has registered stuttering growth in India and China, two of its biggest emerging markets, and intense competition in North America and Europe, drawing investor scrutiny of strategy under Alan Jope. Reporting results from Jope’s first full year in charge, Unilever said annual turnover grew 2%, while underlying sales gained 2.9%. …read more […]

Deutsche Bank posted a 1.6 billion euro ($1.78 billion) loss in the fourth quarter of 2019, bringing the total loss for the year to 5.7 billion euros as the bank undergoes a costly overhaul, the lender said on Thursday. It was the third consecutive quarterly loss and fifth annual loss in a row for Germany’s top bank. Analysts on average forecast Deutsche would lose 1 billion euros in the quarter and 5 billion euros for the full year. …read more […]

Q4 2019 3M Co Earnings Call …read more […]

(Bloomberg Opinion) — Samsung Electronics Co.’s earnings report and outlook reflect doom and gloom. Many are surprised. Positive signs from chip rival Taiwan Semiconductor Manufacturing Co. and smartphone stalwart Apple Inc. had fed the belief that the South Korean giant would put the worst behind it. The key takeaway here is that a rising tide doesn’t lift all boats.On the surface, as the one of the world’s biggest technology companies, it might be reasonable to suggest that Samsung ought to benefit from the turnaround enjoyed by major rivals. In reality, a major reason why Samsung is suffering while others …read more […]

(Bloomberg) — Asian stocks slumped to a seven-week low and sovereign bonds rallied amid mounting evidence that the coronavirus epidemic is disrupting the world’s second-largest economy.A slew of companies have suspended some of their China operations for the time being in the effort to contain the disease, and economists have started cutting growth forecasts. Japanese shares slid more than 1%, and Korea, Hong Kong and Australia saw losses. Taiwan tumbled over 4% as that market came back from a holiday. U.S. futures dropped and Treasury yields added to declines. The yuan dipped offshore.Foxconn’s Hon Hai Precision Industry Co. — which …read more […]

The news raised concerns that Facebook’s days of astronomical growth were firmly in the rearview mirror, and shares of the world’s biggest social network dropped 7.2% in extended trading. Facebook reported its slowest-ever revenue growth for the fourth quarter, at 25%, and Facebook’s chief financial officer, David Wehner, said on a call with investors that the pace of expansion will slow further in the first quarter of 2020. Wehner forecast a percentage point decline in the growth rate in the low- to mid-single digits, citing Facebook’s maturing business, the impact of global privacy regulation and concerns about ad …read more […]

(Bloomberg Opinion) — Three months ago, Tesla Inc. notched up a $9 billion gain in market capitalization in the immediate aftermath of reporting a $143 million quarterly profit. On Wednesday, it reaped $12 billion on $105 million. Don’t forget the $50 billion it racked up in between those dates, of course.Tesla’s market cap has more than doubled to more than $100 billion since reporting that surprise profit for the third quarter. Besides that boost to confidence, the company also managed to meet the low end of delivery guidance for the fourth quarter, started producing vehicles at its new plant in …read more […]

Q4 2019 Rambus Inc Earnings Call …read more […]

(Bloomberg) — Samsung Electronics Co. reported a 38% decline in profit as memory chip prices continued to decline and weak demand hit the display business.Net income came in at 5.23 trillion won ($4.4 billion) for the three months ended December, compared with the 5.31 trillion won average of projections. Samsung reported preliminary numbers earlier this month that showed operating profit fell by 34%.Samsung has been struggling with a stubborn slump in its memory chip business, historically its most profitable division, although the company said there are signs of recovering demand from data center customers and wireless operators. The company also …read more […]

E-commerce giant Amazon’s (AMZN) earnings and U.S. Q4 GDP take centerstage on a busy Thursday. …read more […]

The EV maker’s stock spikes on renewed enthusiasm, though global auto sales decline poses a challenge Continue reading… …read more […]

Apple is on fire, and it doesn’t look like it’s slowing down anytime soon. …read more […]