The JSE was weaker on Friday morning, along with its global peers as to a mixed bag of corporate earnings in the US, including disappointing results from Telsa, pulling technology stocks lower.
The mounting concern over downward pressure on profit margins saw Tesla shares drop nearly 10% as the electric vehicle maker cut prices on some of its cars during the recent quarterly period. The company posted a more than 20% decline in net income from a year ago, reported Bloomberg. Other technology stocks showed signs of weakness on the news...
مصر أحدث الأخبار, مصر عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
MARKET WRAP: JSE slides, rand firms on hot CPIWorse than expected inflation paves the way for a further rate hike by the Reserve Bank
مصدر: BDliveSA - 🏆 12. / 63 اقرأ أكثر »
MARKET WRAP: JSE rallies on late buying of resourcesTiming of the orders suggests they came from abroad, says Sasfin Wealth’s David Shapiro
مصدر: BDliveSA - 🏆 12. / 63 اقرأ أكثر »