May 27, 2020
This week in KeyStone's Stock Talk Podcast we discuss two very different but equally topical stocks in our Your Stock Our Take Segment.
The fist company is one of the Big 5 Canadian Banks, The Bank of Nova Scotia (BNS:TSX), which reported its Q2 2020 earnings this week. ScotiaBank, who’s share have dropped significantly year-to-date in 2020 along with Canada’s other big banks, saw its quarterly earnings plunge 41% after the lender set aside a record amount for loan losses, giving investors their first indication of how the COVID-19 pandemic will affect Canadian banks. We give our quick take on the stock following the earnings numbers.
The second company is high growth leading game live streaming platform in China, “HOOYA” HUYA Inc. (HUYA:NYSE). The company cooperates with e-sports event organizers, as well as major game developers and publishers, and has developed e-sports live streaming as one of the most popular content genres on its platform.