Invest
Nio, Chewy, GameStop: Earnings Spotlight
By Syfe  •  June 3, 2022
All three major US indices snapped two-day losing streaks yesterday, with the gains putting them on track for another positive week. Investors will be focusing on May’s US jobs data report, which is set to be released at 8.30pm Singapore time today. The strength of the labour market could signal whether the Federal Reserve needs to do more – or less – to tame inflationary pressures. Here are this week’s top headlines. Meta Sheryl Sandberg has announced she’s stepping down from her role as Meta’s Chief Operating Officer. She will continue to serve on Meta’s board of directors while Javier Olivan, the company’s chief growth officer, will take over as COO in the coming months. According to Jefferies analyst Brent Thill, Sandberg’s departure could leave a “massive hole” in Meta. But ultimately, the company could still perform well without her as it pivots into the metaverse, given their “talented bench”....
Read the full article
By Syfe
Syfe is a digital investment platform that is building the next generation of financial solutions for individuals across Asia ...
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance