CPI is reported at 8:30 a.m ET (i.e. 8:30 PM SGT) Wednesday, and is expected to show that inflation has finally peaked.It is important to stock market as Fed’s rate hike decision mainly depends on this key data.1. CPI in line with expectations?CPI in June may be the peal this year as food and energy showed significant year-over-year declines in July.Bloomberg expects CPI at 8.7% in July.Analysts polled by Reuters forecast inflation at 8.9% in July.Overall, the CPI for July is likely between 8.7% and 8.9% because of the fall in crude oil prices.The market forecast for CPI is basically the same, so tonight's focus is mainly on Core CPI.2. What is Core CPI?Core CPI is the CPI – energy and food prices.Core CPI is still expected to be highe

Advertising companies' Q2 performance divided. $Snap Inc(SNAP)$ and facebook $Meta Platforms, Inc.(META)$tumbled after miss the expectations, and the streaming CTV platform $Roku Inc(ROKU)$ also lowered its guideline, while Google performs good on its platform advantages to maintain the ads.As the largest independent demand platform in the adtech, 

After reporting Q2 earning, $Palantir Technologies Inc.(PLTR)$ fell 15% on trading day on with a profit miss and a lowering full-year guidance.For Q2, Revenue increased 26% year-over-year to $473 million, slightly above consensus of $472 million; Gross profit of $382 million, up year-over-year and in line with consensus; Adjusted operating profit of $108 million, up year-over-year and slightly above consensus of $101 million; Adjusted EBITDA of $113 million, above market expectations of $105 million; Adjusted diluted earnings per share $-0.01, missing estimates of $0.03; Free cash flow $56.97 million, compared to market expectations of $72.95 million. Government revenue come to $263 million, up 13.3% year on year, w

On August 6, Warren Buffett's company - Berkshire Hathaway- announced its latest earnings:Q2 revenue of $76.18 billion, compared to $69.11 billion last year.Net earnings (loss) attributable to Berkshire Hathaway shareholders: -$43.755 billion, compared with earnings of $28.094 billion last year.The loss was mainly due to investment and derivatives losses of $53.038 billion.2Q Berkshire Investment Huge Losses: $53 billionIn the 2Q, US stocks fell into a bear market. The $S&P 500(.SPX)$ fell 16% in the second quarter, the largest quarterly decline since March 2020, the $DJIA(.DJI)$ fell 11% and the

$Airbnb, Inc.(ABNB)$ released its Q2 earnings report after close August 2nd. The prosperity of the travel industry in the current quarter made the performance beat estimate. But, the guidance for summer quarter not enought meet investors' expectations, stock price still plunged 10%.For Q2 performance, both revenue and profit beat. Revenue reached 2.104 billion US dollars, a year-on-year increase of 58%, slightly exceeding the expected 2.095 billion US dollars; The adjusted EBITDA was US $711 million, a year-on-year increase of 227%, exceeding the expected US $592 million; The adjusted diluted EPS was USD 0.56, which was higher than the market exp

$Uber(UBER)$ Q2 earnings released. Market's eye on Pelosi, but the outstanding performance really made investors excited, UBER surge nearly 20% .A overall beat on Q2 performance The overall revenue was 8.07 billion US dollars, a year-on-year increase of 105%, higher than the expected 7.39 billion US dollars; The adjusted EBITDA reached 364 million US dollars, a year-on-year increase of 171.5%, higher than the expected 266 million US dollars; Free cash flow was US $382 million, an increase of US $780 million over the same period of last year and higher than the expected-US $27 million. From operation, The monthly active users reached the

$Pinterest, Inc.(PINS)$ released Q2 financial report after close of August 1. Although double miss, it did not plunge as last week's Facebook$Meta Platforms, Inc.(META)$And$Snap Inc(SNAP)$, An important reason is the support of Elliott, a new major shareholder.For Q2 performance Revenue was US $666 million, up 8.6% year-on-year, almost the same as expected; The adjusted EBITDA was US $92 million, down 48% year-on-year, which was worse than the expected US $128 mi