Emerging Markets https://www.benzinga.com/views/taxonomy/term/125558 en What To Expect In The Light Earnings Week Ahead https://www.benzinga.com/markets/cannabis/20/08/17013839/what-to-expect-in-the-light-earnings-week-ahead <p>During the last two weeks, the market danced to the tune of earnings of Big Tech and tech in general. Although, we&#39;re in for a breather this week with a light earnings schedule.&nbsp;Hopefully, the optimism that the previous two weeks brought will be maintained. Tech titans and the world&#39;s largest corporations, namely <strong>Microsoft Corporation</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/msft#NASDAQ">MSFT</a>), <strong>Amazon.com, Inc. </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amzn#NASDAQ">AMZN</a>), and <strong>Apple Inc.</strong>&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aapl#NASDAQ">AAPL</a>) literally blew away estimates. <strong>Square Inc</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sq#NYSE">SQ</a>) and <strong>Etsy Inc </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/etsy#NASDAQ">ETSY</a>) followed this positive trend last week. Since March lows, the S&amp;P 500 is&nbsp;now in the green for the year&nbsp;and the Dow Jones Industrial Average could be next.</p> <h3>Monday</h3> <p><strong>Canopy Growth Corp</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cgc#NYSE">CGC</a>) and <strong>Marriott International Inc</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mar#NASDAQ">MAR</a>) reported before markets opened today. Canadian-based Canopy Growth&#39;s previous&nbsp;fiscal fourth-quarter&nbsp;report from late May lacked luster. This time, its stock surged 6.8 percent after a smaller than expected loss.&nbsp;The net loss for the quarter that ended on June 30 narrowed to $81.05 million or 30 cents per share, whereas Fact Set expected 35 cents per share. But despite growing 22%, revenue came short. Low prices, which are a direct result of overbuilt capacity, continue to pressure the industry. Given that Canopy is the industry&#39;s most valuable producer, it seems there may&nbsp;not be a company&nbsp;better suited to deliver the potential of the sector.&nbsp;</p> <p>As for Marriott, it missed Wall Street&#39;s expectations. This comes at no big surprise considering the continuous travel restrictions, leaving most everyone in the industry, even ...</p><p><a href=https://www.benzinga.com/markets/cannabis/20/08/17013839/what-to-expect-in-the-light-earnings-week-ahead alt=What To Expect In The Light Earnings Week Ahead>Full story available on Benzinga.com</a></p> AAPL AMZN Apple BKNG Cannabis Canopy Growth Corp CGC CSCO DKNG Earnings ETSY EXPE Fintech HLT IAM Newswire LYFT MAR Marriot International Microsoft Corporation (MSFT) MSFT News NTES PENN SQ UBER Uber Technologies ZM Emerging Markets Economics Markets Tech General AAPL US0378331005 AMZN US0231351067 CSCO US17275R1023 EXPE US30212P1057 MSFT US5949181045 NTES US64110W1027 PENN US7075691094 MAR US5719032022 CGC HLT ETSY UBER SQ LYFT BKNG ZM DKNG News Earnings Cannabis Fintech Emerging Markets Economics Markets Tech General Benzinga Mon, 10 Aug 2020 16:19:32 +0000 IAM Newswire 17013839 at https://www.benzinga.com Major Earnings Expected This Week Include Cisco, Lyft, Baidu After Marriott Leads Off https://www.benzinga.com/news/earnings/20/08/17010470/major-earnings-expected-this-week-include-cisco-lyft-baidu-after-marriott-leads-off <p>With earnings taking a slight breather, focus this week could turn more toward geopolitical and virus headlines. That means the relative lack of&nbsp;volatility&nbsp;we&rsquo;ve enjoyed lately has a chance of fading away even more quickly than the weekend just did.&nbsp;</p> <p>There are a lot of unanswered questions both at home and overseas that could bring choppier trading. The week begins with confusion over Washington&rsquo;s stimulus plan, more tension between the U.S. and China, and U.S. schools facing a chaotic reopening around the country.</p> <p>We&rsquo;ll chat more about some of this below. From a front and center standpoint, Monday morning brought another set of disappointing earnings from a travel-related firm.&nbsp;<strong>Marriott International Inc&nbsp;</strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mar#NASDAQ">MAR</a>) shares are down after the company reported worse quarterly results than analysts had expected. One interesting nugget, however, is that the company said trends improved toward the end of the quarter.&nbsp;</p> <p>A bit later this morning, many eyes will likely focus on the monthly job openings report for June. While the data are a bit long in the tooth, it could be interesting to see if businesses had any big rise in employment needs as reopening advanced. The May headline number was 5.4 million.&nbsp;</p> <h3>China Check-In</h3> <p>It may not have been intended, but the U.S./China trade spat ratcheted up last week just in time for earnings from some of the best-known Chinese companies.</p> <p>Those expected to report over the next two weeks include&nbsp;<strong>Alibaba Group Holdings Ltd</strong>&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/baba#NYSE">BABA</a>),&nbsp;<strong>Baidu Inc</strong>&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bidu#NASDAQ">BIDU</a>),&nbsp;<strong>TENCENT HOLDING/ADR&nbsp;</strong>(OTC: <a class="ticker" href="https://www.benzinga.com/stock/tcehy#OTC">TCEHY</a>), and<strong>&nbsp;JD.com</strong>&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/jd#NASDAQ">JD</a>). All this happens right after most of these stocks suffered serious selling pressure Friday following President Trump&rsquo;s executive order affecting Chinese businesses. In targeting two popular Chinese social media networks, TikTok and WeChat, Trump cited security concerns.</p> <p>It could be very interesting to hear what executives of these firms&mdash;especially TCEHY, the developer of WeChat&mdash;have to say in their earnings calls. There might be a lot of pieces in motion for all of these companies, and we can likely expect analysts on the calls to ask some pretty pointed questions of the executives.</p> <p>It looks like the U.S./China back-and-forth is probably going to be more of a centerpiece for the markets rather than a small overhang as China responded over the weekend with sanctions against 11 Americans, including two senators.&nbsp;</p> <p>The situation has really escalated after being mostly background noise earlier this year and could drive additional volatility because of potential impacts on major companies. For instance, this morning brought a report that&nbsp;<strong>Apple Inc.&nbsp;</strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aapl#NASDAQ">AAPL</a>) could see pressure on iPhone sales in China if it&rsquo;s not allowed to feature WeChat. AAPL shares were up in pre-market trading despite that.</p> <h3>Stimulus Talks Drag Into New Week</h3> <p>The other overriding concern heading into the week is a lack of resolution on a fresh stimulus package from Congress. Over the weekend, President Trump signed executive orders to extend $400 a week in enhanced unemployment, among other things. This probably won&rsquo;t be the ...</p><p><a href=https://www.benzinga.com/news/earnings/20/08/17010470/major-earnings-expected-this-week-include-cisco-lyft-baidu-after-marriott-leads-off alt=Major Earnings Expected This Week Include Cisco, Lyft, Baidu After Marriott Leads Off>Full story available on Benzinga.com</a></p> AAPL Apple Inc. BABA BIDU CSCO Earnings FB JD Lyft LYFT MAR Marriott International News Penny Stocks TCEHY TD Ameritrade UBER Emerging Markets Economics Markets General AAPL US0378331005 BIDU US0567521085 CSCO US17275R1023 MAR US5719032022 TCEHY FB BABA JD UBER LYFT News Earnings Penny Stocks Emerging Markets Economics Markets General Benzinga Mon, 10 Aug 2020 14:00:33 +0000 JJ Kinahan 17010470 at https://www.benzinga.com This China Internet ETF Is On A Roll https://www.benzinga.com/trading-ideas/long-ideas/20/08/16958091/this-china-internet-etf-is-on-a-roll <p>With some help from the e-commerce boom, which itself is benefiting from the coronavirus pandemic, internet exchange-traded funds are soaring this year.</p> <h3><strong>What Happened</strong></h3> <p>That theme isn&#39;t confined to U.S borders as some of this year&#39;s best-performing emerging markets ETFs are heavy on e-commerce and online retail fare. On the geared side of the ledger, there&#39;s the high-flying <strong>Direxion Daily CSI China Internet Index Bull 2X Shares </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cweb#NYSE">CWEB</a>).</p> <p>CWEB, which looks to deliver <a href="https://www.direxion.com/product/daily-csi-china-internet-index-bull-2x-etf" rel="nofollow sponsored">double the daily returns</a> of the CSI Overseas China Internet Index, jumped 4.26% on Wednesday on above-average volume, extending its one-week gain to almost 16%. No, <a href="https://www.benzinga.com/general/biotech/20/08/16911373/labu-snaps-back-after-rough-end-to-july">leveraged ETFs</a> shouldn&#39;t be held for more than a few days, but CWEB&#39;s 90-day return of almost 120% is ...</p><p><a href=https://www.benzinga.com/trading-ideas/long-ideas/20/08/16958091/this-china-internet-etf-is-on-a-roll alt=This China Internet ETF Is On A Roll>Full story available on Benzinga.com</a></p> BABA CWEB direxion JD Long Ideas News Sector ETFs TCEHY Emerging Markets Emerging Market ETFs Retail Sales Markets Trading Ideas ETFs TCEHY BABA JD CWEB Long Ideas Sector ETFs News Emerging Markets Emerging Market ETFs Retail Sales Markets Trading Ideas ETFs Benzinga Thu, 06 Aug 2020 12:50:14 +0000 ETF Professor 16958091 at https://www.benzinga.com 3 ETFs Enjoying The Benefits of Taiwan Semiconductor Exposure https://www.benzinga.com/trading-ideas/long-ideas/20/07/16820707/3-etfs-enjoying-the-benefits-of-taiwan-semiconductor-exposure <p>It fell 7.6% on Tuesday, but the rally by shares of <strong>Taiwan Semiconductor </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tsm#NYSE">TSM</a>) has been nothing short of breathtaking.</p> <p>The semiconductor foundry company nearly doubled off its March lows and, along the way, became one of the 10 largest companies in the world by market capitalization. With a market value of about $350 billion, Taiwan Semiconductor is larger than any U.S.-based chip name and roughly $100 billion bigger than both <strong>Intel</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/intc#NASDAQ">INTC</a>) and <strong>Nvidia</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nvda#NASDAQ">NVDA</a>).</p> <p>The Taiwanese semiconductor Goliath also is also acting as the primary driver behind its home country&#39;s performance as one of 2020&#39;s best-performing emerging markets, meaning plenty of exchange-traded funds, including <a href="https://www.benzinga.com/trading-ideas/long-ideas/20/07/16799577/exciting-prospects-for-hidden-gem-among-leveraged-etfs">some oft-overlooked names</a>, are benefiting from TSM bullishness.</p> <p>Here are a few that fit that bill.</p> <p><strong>iShares MSCI Taiwan ETF (EWT)</strong></p> <p>The <strong>iShares MSCI Taiwan ETF</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ewt#NYSE">EWT</a>) is the largest ETF ...</p><p><a href=https://www.benzinga.com/trading-ideas/long-ideas/20/07/16820707/3-etfs-enjoying-the-benefits-of-taiwan-semiconductor-exposure alt=3 ETFs Enjoying The Benefits of Taiwan Semiconductor Exposure>Full story available on Benzinga.com</a></p> EWT FRDM Long Ideas Sector ETFs SMH TSM Emerging Markets Emerging Market ETFs Markets Trading Ideas ETFs EWT US4642867315 SMH US8166362033 TSM US8740391003 FRDM Long Ideas Sector ETFs Emerging Markets Emerging Market ETFs Markets Trading Ideas ETFs Benzinga Wed, 29 Jul 2020 12:00:17 +0000 ETF Professor 16820707 at https://www.benzinga.com Gear Up For An Emerging Markets Turning Point With EDC https://www.benzinga.com/trading-ideas/long-ideas/20/07/16764497/gear-up-for-an-emerging-markets-turning-point-with-edc <p>With the MSCI Emerging Markets Index down 3.77% year-to-date, this will likely go down as another disappointing year for developing world equities.</p> <h3><strong>What Happened</strong></h3> <p>The emerging markets benchmark is in the red while the S&amp;P 500 is modestly higher. However, the developing economies index is higher by more than 21% over the past 90 days, potentially signaling emerging markets stocks are poised to add more momentum.</p> <p>That would be to the benefit of the <strong>Direxion Daily MSCI Emerging Markets Bull 3X Shares </strong><strong>(NYSEARCA: EDC)</strong>, which is designed to deliver <a href="https://www.direxion.com/product/daily-msci-emerging-markets-bull-bear-3x-etfs" rel="nofollow sponsored">triple the daily returns</a> of the MSCI Emerging Markets Index.</p> <h3><strong><strong>Why It&#39;s Important</strong></strong></h3> <p>Predictably, emerging markets equities suffered mightily at the hands of the coronavirus, but the group has bounced back. EDC is increasingly relevant in ...</p><p><a href=https://www.benzinga.com/trading-ideas/long-ideas/20/07/16764497/gear-up-for-an-emerging-markets-turning-point-with-edc alt=Gear Up For An Emerging Markets Turning Point With EDC>Full story available on Benzinga.com</a></p> direxion EDC Long Ideas News Emerging Markets Emerging Market ETFs Markets Trading Ideas ETFs EDC US25459Y6867 Long Ideas News Emerging Markets Emerging Market ETFs Markets Trading Ideas ETFs Benzinga Fri, 24 Jul 2020 12:56:35 +0000 ETF Professor 16764497 at https://www.benzinga.com Not All Emerging Markets Stocks Are Duds — This ETF Proves As Much https://www.benzinga.com/trading-ideas/long-ideas/20/07/16611263/not-all-emerging-markets-stocks-are-duds-this-etf-proves-as-much <p>Although it&#39;s been perking up recently, the MSCI Emerging Markets Index is again lagging domestic stocks as the emerging markets benchmark is lower by 4.28% year to date, a showing that&#39;s more than 200 basis points worse than the S&amp;P 500.</p> <p><strong>What Happened</strong>? Not all emerging markets stocks and exchange-traded funds are disappointing investors. The <strong>KraneShares FTSE Emerging Markets Consumer Technology Index ETF </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kemq#NYSE">KEMQ</a>), which is higher by 15.71% year to date, is proof positive of that assertion.</p> <p>KEMQ tracks the Solactive Emerging Markets Consumer Technology Index, which is comprised of &ldquo;internet retail, internet software/services, purchase, payment processing, or software for internet and E-Commerce transactions&rdquo; purveyors, <a href="https://kraneshares.com/kemq/">according to KraneShares</a>.</p> <p><strong>Why It&#39;s Important:&nbsp;</strong>A simple, but true assessment of KEMQ is that the fund puts investors exactly ...</p><p><a href=https://www.benzinga.com/trading-ideas/long-ideas/20/07/16611263/not-all-emerging-markets-stocks-are-duds-this-etf-proves-as-much alt=Not All Emerging Markets Stocks Are Duds — This ETF Proves As Much>Full story available on Benzinga.com</a></p> KEMQ Long Ideas News Sector ETFs Emerging Markets Emerging Market ETFs Top Stories Markets Trading Ideas ETFs KEMQ Long Ideas Sector ETFs News Emerging Markets Emerging Market ETFs Top Stories Markets Trading Ideas ETFs Benzinga Tue, 14 Jul 2020 16:15:15 +0000 ETF Professor 16611263 at https://www.benzinga.com 'Head Above Water': Stock Market Update For The Week Ahead https://www.benzinga.com/markets/cryptocurrency/20/07/16598145/head-above-water-stock-market-update-for-the-week-ahead <h3>The Past Week, In A Nutshell</h3> <p><strong>What Happened: </strong>&ldquo;It&rsquo;s certainly been a wild ride for stocks in 2020,&rdquo; <a href="https://lplresearch.com/2020/07/08/taking-stock-at-the-halfway-mark/">noted</a> researchers at LPL Financial. &ldquo;Barely past the halfway point, the year has already brought the worst pandemic to hit the U.S. in over 100 years, an unprecedented government-induced recession as much of the country was locked down, some stomach-churning market volatility, and massive, unprecedented stimulus from policymakers totaling several trillion dollars&rdquo;</p> <p><strong>Remember This: </strong>&ldquo;U.S. companies are about to give us a look into their worst quarter since the Great Financial Crisis,&rdquo; <a href="https://www.ally.com/do-it-right/trends/weekly-viewpoint-july-10-2020/">suggested</a> Lindsey Bell, Chief Investment Officer for <strong>Ally Financial&#39;s</strong>&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ally#NYSE">ALLY</a>) Ally Invest. &ldquo;Second-quarter earnings reports may not be pretty. But expectations for next year have stabilized. If investors stay more focused on next year&rsquo;s earnings estimates than next week&rsquo;s, the market will likely keep its head above water.&rdquo;</p> <p><strong id="docs-internal-guid-0b1a1345-7fff-a5dc-bddf-dad1898b8b20"><img src="https://lh4.googleusercontent.com/Txg2qBjHgQwCaWyPqReqwyxpsVaYuPik8cjue3tQNFz0-79hvRz0bg4y97jQmtXJLvVUqbW5Wy7vA-39SYx2Wg5cqEpPbeXND8dUMMvLW457QgF8aDVDcBaOoiTvrzmyV7X1_Xbg" style="height:457px; width:800px" /></strong></p> <p><em>Pictured: Profile chart of the S&amp;P 500 E-mini Futures</em></p> <p><strong>Technical:&nbsp;</strong>Broad-market equity indices balanced last week, evidenced by the responsive, tight trading range.</p> <p><strong>Recapping Last Week&rsquo;s Action: </strong>On Monday, the S&amp;P 500 traversed higher and left minimal excess before balancing into the close. Tuesday&rsquo;s session made an attempt for Monday&rsquo;s high, near $3,180, but sold off, leaving value higher and closing just below the overnight low.</p> <p>After a quick morning liquidation, Wednesday&rsquo;s session rejected prices in the lower part of the balance area and left value overlapping, with a close at the highs. Thursday responded lower, after a quick push to the $3,170 area of resting liquidity, to and through a low volume area and the prior day&rsquo;s low, before squeezing back into range.</p> <p>Despite the high gamma expiration <a href="https://spotgamma.com/faang-options-expiration-gamma/">suggesting</a> many names could pin, Friday opened up around a composite high-volume area, ...</p><p><a href=https://www.benzinga.com/markets/cryptocurrency/20/07/16598145/head-above-water-stock-market-update-for-the-week-ahead alt=&#039;Head Above Water&#039;: Stock Market Update For The Week Ahead>Full story available on Benzinga.com</a></p> ALLY Ally Invest Amazon AMZN BA Battery Day BioNTech Vaccine BNTX Boeing Building Permits Business Inventories C Citigroup Coinbase IPO CPI Credit Suisse Cryptocurrency CS DBO DJIA Earnings EPI FDX federal budget fedex Fintech GLD Housing Starts IEA industrial production initial claims IWM Jefferies Lindsey Bell LPL Financial MA mastercard NAHB Housing Market Index News NFIB Business Optimism NY Fed Manufacturing OPEC PFE Pfizer Vaccine Postmates QQQ Rivian Sector ETFs SFIX SPY Stitch Fix T. Rowe Tesla TLT TROW TSLA Twitter Inc TWTR UAL Uber UBER United Airlines UPS ups UPWK Upwork USL USO V visa W Wayfair White House Broad U.S. Equity ETFs Emerging Markets Emerging Market ETFs Financing Futures Technicals Previews Retail Sales IPOs Events Global Top Stories Economics Federal Reserve Markets Trading Ideas ETFs DBO US73936B5075 GLD US78463V1070 IWM US4642876555 SPY US78462F1030 TLT US4642874329 USL US91288V1035 USO US91232N1081 AMZN US0231351067 TROW US74144T1088 BA US0970231058 C US1729674242 CS US2254011081 FDX US31428X1063 MA US57636Q1040 PFE US7170811035 UPS US9113121068 V US92826C8394 DJIA TSLA US88160R1014 UAL US9100471096 QQQ US73935A1043 TWTR US90184L1026 ALLY W UBER SFIX UPWK BNTX Sector ETFs News Earnings Cryptocurrency Fintech Broad U.S. Equity ETFs Emerging Markets Emerging Market ETFs Futures Technicals Financing Previews Retail Sales IPOs Events Global Top Stories Economics Federal Reserve Markets Trading Ideas ETFs Benzinga Sun, 12 Jul 2020 20:50:09 +0000 Renato Capelj 16598145 at https://www.benzinga.com