weekly earnings (starting 21Mar2022)
These are the anticipated earnings for the coming week starting 21 Mar 2022 There are a few notable earnings to look out for, namely $NKE, $PDD, $ADBE, $0700.HK and $NIO. NIO is one of the Chinese players in the EV space. We are looking for a strong trend of growth and hopefully, there are able to make profits. Their guidance will be important though there remain challenges in the supply chain and supplies. The risen costs in commodities and energy have placed inflationary pressures on their overheads. Tencent remains one of my favourite companies in China. They are one of the biggest game developers and capital allocators in the world. Will their price continue to drop or will they buck the trend? Adobe has occupied a strong space in the advertising and media industry, Though their prices have dropped of late, they do have competitive advantages in the market. Nike is one of the most popular sporting brands in the world. As they pivoted with mo...