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Sunplus Technology Company Limited’s (TPE:2401) Stock Going Strong But Fundamentals Look Weak: What Implications Could This Have On The Stock?
Most readers would already be aware that Sunplus Technology’s (TPE:2401) stock increased significantly by 65% over the past three months. However, we decided to pay close attention to its weak financials as we are doubtful that the current momentum will keep up, given the scenario. Particularly, we will be paying attention to Sunplus Technology’s ROE …
Google reports weak revenue growth in first pandemic-affected quarter | Google
Google reported its weakest revenue growth in nearly five years in the first quarter as the pandemic-driven recession began to shrivel its advertising sales. “It was the tale of two quarters,” Sundar Pichai, Google’s chief executive, told investors on a conference call on Tuesday. Typically – strong revenue growth in January and February was undercut …
EUR/USD breaks above 1.1050 on weak ISM Manufacturing PMI
ISM’s Purchasing Managers’ Index for the manufacturing sector has badly disappointed with 48.1 points in November, worse than 492. expected and 38.3 seen in October. The Prices component plunged to 46.7 points. The US industrial sector is still in the doldrums. New orders – a forward-looking component – has dropped to 47.2 points. The employment …
US stocks trade lower on weak Chinese data, chip shares
U.S. stocks are trading lower on Friday after Chinese industrial output for May came in below expectations. Semiconductor stocks are falling after Broadcom lowered its full-year revenue guidance, saying U.S.-China trade tensions and export restrictions on Huawei were hurting demand for chips. Ticker Security Last Change %Chg I:DJI DOW JONES AVERAGES 26030.96 -75.81 -0.29% SP500 S&P …
