Let the Money Talk

Phillip Securities' Research Analyst, Ambrish Shah, will be covering Airbnb Inc's 4Q22 Results - Impressive earnings on strong travel demand.

The results beat Phillip Securities Research's expectations. They recommended a downgrade to ACCUMULATE from BUY after the recent jump in its stock price.

Listen to this podcast to learn more about the latest corporate updates. Alternatively, visit www.stocksbnb.com for the full report.

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OCBC’s 4Q2022 results were lower than expectations with net profit of S$1.31bn vs our estimate of S$2.03bn. This was mainly due to net interest income growth of 34% YoY (S$2.39bn), NIM growth of 79bps YoY to 2.31% and loans growth of 2% YoY (S$295bnn) offset by non-interest income dipping 42% YoY (S$615mn). 4Q22 dividend is up 43% YoY to 40 cents, total FY22 dividend at 68 cents (+28% YoY).

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The Daily Morning Note is a round-up of local and global business headlines that you need to know to get ahead of your day.

This programme is brought to you by PYTCH Media, a creative studio powered by PhillipCapital — investing made simple and educational.

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Baidu announced a US$5 billion share buyback after reporting better-than-expected revenue, reflecting how its cloud computing service is offsetting an advertising lull during China’s economic downturn. Its shares gained 6 per cent in pre-market US trading.

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The Daily Morning Note is a round-up of local and global business headlines that you need to know to get ahead of your day. 

This programme is brought to you by PYTCH Media, a creative studio powered by PhillipCapital — investing made simple and educational. 

Subscribe and follow PYTCH Media:

Also available on:

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Tencent Holdings is in talks with Meta Platforms to distribute its Meta Quest line of virtual reality, or VR headsets in China, three people familiar with the matter said. The talks between Tencent and Meta started last year and have continued in recent months, according to one of the sources who have direct knowledge of the matter, adding that the talks remain early stage and details have yet to be agreed upon.

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The Daily Morning Note is a round-up of local and global business headlines that you need to know to get ahead of your day.

This programme is brought to you by PYTCH Media, a creative studio powered by PhillipCapital — investing made simple and educational.

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Galois Capital, a crypto investment firm known for betting against the Luna token before its implosion last year, is closing its flagship fund after it was hit by the collapse of cryptocurrency exchange FTX.

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The Daily Morning Note is a round-up of local and global business headlines that you need to know to get ahead of your day.

This programme is brought to you by PYTCH Media, a creative studio powered by PhillipCapital — investing made simple and educational.

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Facebook and its stablemate Instagram launched on Sunday a paid subscription service, as the advertising-based business model that has long dominated the internet falters. Mark Zuckerberg, the CEO of Facebook-parent Meta, announced on Sunday the launch of Meta Verified, a service starting at US$11.99 a month to authenticate one’s account.

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The Daily Morning Note is a round-up of local and global business headlines that you need to know to get ahead of your day.

This programme is brought to you by PYTCH Media, a creative studio powered by PhillipCapital — investing made simple and educational.

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Phillip Securities' Research Analyst, Glenn Thum, will be covering DBS 2Q23 results in line with the estimate. Maintain BUY recommendations.

Listen to this podcast to learn more about the latest corporate updates. Alternatively, visit www.stocksbnb.com for the full report.

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Phillip Securities' Research Analyst, Glenn Thum, will be covering DBS 4Q2022 results above expectation. Maintain BUY recommendations.

Listen to this podcast to learn more about the latest corporate updates. Alternatively, visit www.stocksbnb.com for the full report.

#PhillipCapital #YourPartnerinFinance #Servingyousince1975  #fintech #PYTCH #PYTCHMedia #DailyMorningNote #DailyNews #FinanceNews

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Paramount Global said it saw its streaming business grow during the fourth quarter and announced plans to increase prices for Paramount+ this year. Despite adding more streaming customers, Paramount reported its fourth-quarter revenue declined 7%, compared with last year, to roughly $5.9 billion as the weak advertising market weighed on the company.

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The Daily Morning Note is a round-up of local and global business headlines that you need to know to get ahead of your day.

This programme is brought to you by PYTCH Media, a creative studio powered by PhillipCapital — investing made simple and educational.

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In this episode, Phillip Securities' Research Analyst, Ambrish Shah, will be covering PayPal Holdings Inc's 4Q22 Results - Accelerated cost reductions.

Phillip Securities Research's analysts recommend Maintaining BUY as the results were in line with expectations.

Listen to this podcast to learn more about the latest corporate updates. Alternatively, visit www.stocksbnb.com for the full report.

#PhillipCapital #YourPartnerinFinance #Servingyousince1975  #fintech #PYTCH #PYTCHMedia #DailyMorningNote #DailyNews #FinanceNews

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