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Ask anyone what a stock is expected to do following such a miss and 9 out of 10 will say to tumble. And yet, price action is neutral to up post earnings.
A lonely voice will say - it depends. Indeed. Markets trade on expectations.

#twotypesofpeople #finance



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Ask anyone what a stock is expected to do following such a miss and 9 out of 10 will say to tumble. And yet, price action is neutral to up post earnings.
A lonely voice will say - it depends. Indeed. Markets trade on expectations.

#twotypesofpeople #finance

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NEWS Pavel Durov, a billionaire who embraces an all-black wardrobe and is often compared to the character Neo from "the Matrix," funds Telegram through his personal wealth and debt financing. And despite being one of the world's most popular tech companies, Telegram reportedly has only about 30 employees who defer to Durov for most major decisions about the platform. Telegram was founded in 2013 by two Russian brothers, Nikolai and Pavel Durov. And while money initially moved into stocks in the morning, capital moved out of safe-haven assets. The price of the 10-year Treasury note fell Friday, sending its yield up to 2% from a March closing low of 1.73%. You may recall that, back when Facebook started changing WhatsApp’s terms of service, a number of news outlets reported on, and even recommended, switching to Telegram. Pavel Durov even said that users should delete WhatsApp “unless you are cool with all of your photos and messages becoming public one day.” But Telegram can’t be described as a more-secure version of WhatsApp.
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