First quarter earnings season is here, and companies are expected to report fewer beats, more misses and more pressure on margins.
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What stock pickers need to know about this earnings season, which could see some big misses
World
China holds key lending rates as softening consumer sentiment persists in world’s second largest economy
The People’s Bank of China (PBOC) building in Beijing, China, on Tuesday, April 18, 2023. Bloomberg | Getty Images China kept its benchmark lending rates steady on Monday as the country continues to grapple with weak consumer sentiment and softening growth. The People’s Bank of China held the 1-year loan prime rate at 3.0% and […]
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World
CNBC Daily Open: Solid earnings beats might mask tariff volatility these two weeks
A JPMorgan Chase & Co. Wealth Management sign in New York, U.S., on Thursday, July 10, 2025. Gabby Jones | Bloomberg | Getty Images Friday, Aug. 1 — the “hard deadline” of U.S. President Donald Trump’s updated tariffs — is less than two weeks away. Investors, however, seem mostly unbothered thus far. For last week, […]
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World
Asia markets set to open mixed as investors assess trade developments, await China benchmark rates
Here are the opening calls for the day Good morning from Singapore. Investors will be keeping a close watch on the People’s Bank of China’s decision on its 1-year and 5-year loan prime rates for July expected later in the day. Futures for Hong Kong’s Hang Seng index stood at 24,883, pointing to a stronger open compared […]
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