A soft start to the week but off session lows for Japanese equities 23 May 2016
- -81.75
- open 16671.28
- high 16691.50
- low 16417.84
- USDJPY 109.83
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ROKU surges 6% on strong earnings beat; DUOL drops 20% on missed guidance. Valuations vary.
ECPG jumps 15.7% on strong revenue beat, while CSWC, AGM, OCSL, HTGC see price drops post-earnings.
Dollar surges 3% on Mideast war & safe haven flows; Fed rate cut bets fade. Bulls pile in!
ARM eyes $15B chip revenue by '31, CRWD sees 33% upside. Both trade at high multiples.
MBIN jumps 21.6% on strong earnings beat & improved asset quality; regional banks down 5.5% overall.
Space stocks YSS & FLY surged 5% & 16% on IPO rumors, but lost gains. YSS valued at $2.7B, FLY at $3.7B.
India eyes $100B investment to boost domestic oil, seeking 50% self-sufficiency. Cairn plans 500K bpd output.
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