Alibaba Options Show Stock May See Record Swings After Earnings:
bloomberg.com/news/articles/2023-05-18/alibaba-options-show-stock-may-see-record-swings-after-earnings
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| Last Updated | May 19 23 |
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Investors brace for 5% Treasury yields as US inflation worries mount: As U.S. inflation worries grow, some investors are preparing for the 10-year U.S ...
reuters.com/markets/us/investors-brace-5-treasury-yields-us-inflation-worries-mount-2024-04-26/
German unemployment seen rising to highest level in almost a decade: Germany's economic weakness is finally taking a toll on the labour market ...
reuters.com/markets/europe/german-unemployment-seen-rising-highest-level-almost-decade-2024-04-26/
China sellers go to TikTok school to reach international buyers: Donning hijabs and floor-length abaya gowns over shorts and tank tops, Chinese students at an ...
english.alarabiya.net/business/technology/2024/04/24/china-sellers-go-to-tiktok-school-to-reach-international-buyers
Quick Glance: What Lies Ahead for TikTok in the US?
- The US Senate has unanimously approved a bill that could potentially lead to the banning of TikTok within nine months, unless its Chinese owner, ByteDance, withdraws from the video-sharing app due to concerns about national security threats.
- President Joe Biden has confirmed his intention to sign the legislation on Wednesday.
- ByteDance acquired the well-known karaoke app Musical.ly and rebranded it as TikTok back in 2017. It has become one of the fastest-growing applications in the United States, boasting 150 million monthly subscribers.
India's IndiGo places first-ever widebody order for 30 Airbus A350 jets: IndiGo, India's top airline by market share, placed an order with Airbus for 30 A350-900 ...
reuters.com/business/aerospace-defense/indias-indigo-places-order-30-airbus-widebody-aircraft-2024-04-25/
Italy fines Amazon 10 mln euros for alleged unfair commercial practices: Italy's antitrust authority has fined two subsidiaries of Amazon a total of 10 million ...
reuters.com/markets/europe/italy-fines-amazon-10-mln-euros-alleged-unfair-commercial-practices-2024-04-24/
Quick Glance: Italy fines Amazon 10 mln euros for unfair practices
- Italy's antitrust authority fined two Amazon subsidiaries 10 million euros for alleged unfair commercial practices.
- Amazon was accused of limiting consumer choice by pre-setting recurring purchase options.
- The automatic pre-selection of recurring purchases influences buying habits and restricts consumer freedom of choice.
- Amazon was not available for immediate comment.
From Getir, future of Flink: This is what the internet says about it: What is happening with Getir's withdrawal from the fast delivery service is also affecting ...
businessinsider.de/gruenderszene/food/von-war-ja-klar-kommentaren-bis-hin-zu-treffenden-analysen-netz-reaktionen-auf-das-aus-von-getir/
China's largest auto show showcases all-electric future, local brands dominate: China's largest auto show opened in Beijing on Thursday with the biggest names ...
reuters.com/business/autos-transportation/chinas-largest-auto-show-showcases-all-electric-future-local-brands-dominate-2024-04-25/
Microsoft's AI lead puts Amazon cloud dominance on watch: Upcoming quarterly reports from U.S. tech giants may show Microsoft is closing the gap on ...
reuters.com/technology/microsofts-ai-lead-puts-amazon-cloud-dominance-watch-2024-04-24/
Quick Glance: Microsoft's Leadership in AI Threatens Amazon Cloud Dominance
- Microsoft is poised to potentially surpass Amazon in the cloud computing market with innovative AI features.
- Upcoming quarterly reports from Microsoft will illuminate the impacts of AI investments.
- Microsoft's Azure cloud service could experience significant growth fueled by generative AI.
- Google and Amazon are also focusing on integrating AI into their cloud services.
Beijing auto show: Themes and highlights: China's largest auto show opened in Beijing with the biggest names showing off their latest electric vehicles (EVs) ...
reut.rs/4bcuXch
Shopping for ‘the classics’: Why the pre-owned luxury watch market is thriving: What’s old is new again, and the longstanding phrase couldn’t be more apropos ...
cnn.com/2024/04/24/style/luxury-pre-owned-watches/
Vietnam delays launch of new stock trading system: Vietnam will delay the launch of the much-expected new stock trading system initially slated for next week ...
reuters.com/markets/asia/vietnam-delays-launch-new-stock-trading-system-2024-04-26/
Hong Kong March home prices up 1.1%, first rise in nearly a year: Hong Kong's private home prices reversed a 10-month falling streak in March, climbing 1 ...
reuters.com/markets/asia/hong-kong-march-home-prices-up-11-first-rise-nearly-year-2024-04-26/
Quick Glance: Hong Kong Real Estate Market: Price Recovery in March
- In March, Hong Kong's real estate market saw a price recovery after the financial city lifted restrictions to boost the ailing market.
- Prices dropped by 1.8% in the first quarter, following a 20% decline from their 2021 peak due to higher mortgage rates and a weak market outlook.
- Nevertheless, prices are expected to remain subdued as property developers rushed to introduce new sales with discounts of up to 30%, attracting buying interest from the secondary market.
- A recent report by real estate agency Ricacorp revealed that 30% of transactions for second-hand homes were sold at a loss in the first quarter, with this trend likely continuing into the second quarter.
Q1 US GDP shows surprise slowing and uncomfortable inflation: U.S. economic growth slowed more than expected in the first quarter, but a surprisingly hot ...
reuters.com/markets/us/view-q1-us-gdp-shows-surprise-slowing-uncomfortable-inflation-2024-04-25/
Quick Glance: Disappointing Q1 Economic Growth and Implications
- The U.S. GDP grew at a rate of 1.6% in the first quarter, falling below expectations due to slower inventory replenishment and weak export growth.
- Despite the disappointing growth last quarter, this could potentially alter the views of Fed officials who were not keen on cutting rates following an upsurge in consumer prices.
- Some analysts believe that the weaker-than-expected report indicates the beginning of a broader economic slowdown.
- The report also highlights the performance of other sectors of the economy, such as the surge in housing construction, business investment growth, slower government spending, and the impact of trade on economic growth.
Fears about stagflation are mounting in the US. It’s every central banker’s worst nightmare
cnn.com/2024/04/25/economy/stagflation-us-economy-gdp/
Microsoft Smashes Earnings Expectations—Stock Up 5%: The world’s largest company continues to impress Wall Street.
forbes.com/sites/dereksaul/2024/04/25/microsoft-smashes-earnings-expectations-stock-up-5/
Beijing auto show: Themes and highlights: China's largest auto show opened in Beijing with the biggest names showing off their latest electric vehicles (EVs) ...
reuters.com/business/autos-transportation/beijing-auto-show-themes-highlights-2024-04-26/
Bank of Japan keeps rates steady, tweaks JGB-buying language: The Bank of Japan kept its short-term rates steady on Friday while removing a reference to the ...
reuters.com/markets/asia/bank-japan-keeps-rates-steady-tweaks-jgb-buying-plan-2024-04-26/
Intel forecasts second-quarter revenue below estimates: Intel forecast second-quarter revenue below market estimates on Thursday, as it faces weak demand for its ...
reuters.com/technology/intel-forecasts-second-quarter-revenue-below-estimates-2024-04-25/
Toronto market ends higher as commodity prices climb: Canada's main stock index ended higher on Thursday, clawing back its earlier losses ...
reuters.com/markets/tsx-futures-fall-downbeat-earnings-2024-04-25/
Quick Glance: Toronto Market Rises with Surging Commodity Prices
- The Toronto Stock Exchange ended higher as higher commodity prices offset earlier losses.
- The Toronto Stock Exchange's S&P/TSX composite index rose by 11.66 points, or 0.1%, to 21,885.38.
- The materials group, including metal miners and fertilizer companies, surged by 2.2% as gold and copper prices climbed.
- Bombardier obtained an exemption from recent Canadian sanctions on Russian titanium, leading to an 8.3% increase in shares.
Oil prices rise as US official eases market concerns over economic headwinds: Oil prices rose in early trade on Friday, as players took stock of the U.S ...
reuters.com/markets/commodities/oil-prices-rise-us-official-eases-market-concerns-over-economic-headwinds-2024-04-26/
Comcast tops revenue estimates on streaming growth, strong park attendance: Comcast beat quarterly revenue estimates on Thursday driven by higher-than-expected ...
reuters.com/business/media-telecom/comcast-tops-revenue-estimates-streaming-growth-strong-park-attendance-2024-04-25/
In Michael Kors, Coach merger challenge, FTC’s case is not in the bag: When it comes to handbags, there’s a sweet spot for sensible middle-aged people like me: ...
reuters.com/legal/government/column-michael-kors-coach-merger-challenge-ftcs-case-is-not-bag-2024-04-25/
Toyota pilots EV pickup trucks in key Thai market: Toyota launched a public transport pilot on Thursday with nine fully electric Hilux Revo pickup trucks in ...
reuters.com/business/autos-transportation/toyota-pilots-ev-pickup-trucks-key-thai-market-2024-04-25/
BHP’s Bold $39 Billion Bid to Transform the Mining Landscape: BHP, the world's largest mining firm, has launched a $39 billion acquisition bid for its ...
riotimesonline.com/bhps-bold-39-billion-bid-to-transform-the-mining-landscape/
These law schools dominated the federal clerk hiring market in 2023: The University of Chicago Law School is back at No. 1 on the list of law schools that sent ...
reuters.com/legal/government/these-law-schools-dominated-federal-clerk-hiring-market-2023-2024-04-25/
New ASML boss Fouquet must navigate US/China chip war: ASML's new boss Christophe Fouquet faces a tricky balancing act in helping to steer Europe's biggest tech ...
reuters.com/technology/new-asml-boss-fouquet-must-navigate-uschina-chip-war-2024-04-25/
AstraZeneca leaps after smashing first-quarter forecasts: AstraZeneca sailed past market expectations for quarterly revenue and profit on Thursday ...
reuters.com/business/healthcare-pharmaceuticals/astrazeneca-beats-first-quarter-revenue-profit-estimates-2024-04-25/
Meta shares sink on higher AI spending, light revenue forecast: Meta Platforms disappointed investors on Wednesday with forecasts of higher expenses and ...
reut.rs/44hescF
Quick Glance: Meta Quarterly Results: Revenue Expectations Lowered, Stock Fell
- Meta's quarterly results exceeded expectations, but the revenue forecast for the next quarter was lowered.
- Despite successful ad business and increasing user numbers, Meta's stock experienced a drop of over 10 percent.
- Analysts caution about Meta's reduced revenue expectations for the second quarter, leading to investor skepticism.
- Zuckerberg plans to significantly increase investments in AI models in the coming years to enhance Meta's leading position in the artificial intelligence domain.
The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, pointing to still tight labor market conditions. Show more
The US Treasury Secretary Janet Yellen said the outright seizure of Russian assets is justifiable but is only one possibility ...
reut.rs/4aNryAX
Cathrin Bökenfeld brings a breath of fresh air to the weekly market at the castle park
gn-online.de/bentheim/cathrin-boekenfeld-bringt-frischen-wind-in-wochenmarkt-am-schlosspark-535806.html
Nissan, Mazda roll out new models for China as they aim for comeback: Nissan Motor and Mazda Motor unveiled new cars tailored for Chinese drivers on Thursday ...
reuters.com/business/autos-transportation/nissan-unveils-four-concept-cars-fuel-china-comeback-2024-04-25/
South Korea Q1 GDP growth smashes estimates, but outlook's uncertain: The South Korean economy grew at the fastest pace in more than two years in the first ...
reuters.com/markets/asia/south-korea-q1-gdp-13-qq-beating-forecast-2024-04-24/
Quick Glance: South Korea Q1 GDP Growth Exceeds Estimates
- The South Korean economy grew faster than expected in the first quarter, driven by an increase in domestic consumption and robust exports. However, the sustainability of the recovery was questioned.
- GDP for the January-March quarter grew by 1.3%, marking the sharpest expansion since the fourth quarter of 2021 and surpassing all forecasts.
- Growth in domestic demand was the main factor behind the stronger-than-expected GDP, with private consumption increasing by 0.8%. Analysts expressed uncertainty regarding the long-term strength of economic growth.
- Despite a rebound in exports and an increase in government spending, uncertainty remains regarding inflation outlook and monetary policy, as the Bank of Korea reconsiders its economic growth projections for 2024.
A brutal elimination round is reshaping the world’s biggest market for electric cars
cnn.com/2024/04/24/business/china-ev-industry-competition-analysis-intl-hnk/
Microsoft-backed Rubrik prices US IPO above range at $32/shr: Rubrik , the cybersecurity software startup that counts Microsoft among its investors ...
reuters.com/markets/deals/microsoft-backed-rubrik-prices-ipo-above-range-32-per-share-source-says-2024-04-24/
VinFast chief plans to invest $1 billion more from his fortune in EV maker: Vietnamese billionaire Pham Nhat Vuong said on Thursday he planned to invest $1 ...
reuters.com/markets/asia/vinfast-chief-planning-invest-another-1-billion-his-fortune-ev-maker-2024-04-25/
South Korea prepares new monitoring system to detect illegal stock short selling: South Korea's financial market watchdog said on Thursday it had prepared a new ...
reuters.com/markets/asia/south-korea-prepares-new-monitoring-system-detect-illegal-stock-short-selling-2024-04-25/
Quick Glance: South Korea introduces monitoring system to curb illegal stock short selling
- South Korea's financial market watchdog has developed a new monitoring mechanism to detect illegal short-selling transactions in the stock market. Institutional investors will be electronically processed and filtered through a central detection system to prevent illegal trades.
- South Korea has made various reform efforts to address the 'Korea discount' in the stock market, where domestic companies have lower valuations compared to global peers due to factors like low dividend payouts and opaque governance structures.
- Last November, South Korea imposed a sudden ban on short selling of shares for the first half of the year after discovering illegal trades by foreign investment banks. Authorities stated that the ban would remain until adequate measures are in place to prevent such practices.
- The FSS aims to implement the new monitoring system swiftly after finalizing it, although no specific date was provided for the implementation.
Apple loses top spot in China market with shipments down 6.6% in Q1, data shows: Apple lost its crown as China's biggest smartphone seller in the first quarter ...
reuters.com/technology/apple-loses-top-spot-china-market-with-shipments-down-66-q1-data-shows-2024-04-25/
PROF FRANCIS PETERSEN | Expand post-school choices: university should not be the only path to success
timeslive.co.za/sunday-times-daily/opinion-and-analysis/2024-04-24-prof-francis-petersen-expand-post-school-choices-university-should-not-be-the-only-path-to-success/
Mercedes-Benz to launch luxury electric van for Chinese market: Mercedes-Benz is planning to launch a luxury electric van for the Chinese market based on its VAN ...
reuters.com/business/autos-transportation/mercedes-benz-launch-luxury-electric-van-chinese-market-2024-04-25/
Mercedes says it will continue to invest in China tie-ups: Mercedes Benz's China chief said on Thursday the company would continue to invest in tie-ups with ...
reuters.com/business/autos-transportation/mercedes-benz-shows-off-electric-line-up-beijing-autoshow-not-giving-up-2024-04-25/
Volkswagen aims to keep China market share stable as price war rages: Volkswagen aims to keep its Chinese market share roughly stable until the end of the decade ...
reuters.com/business/autos-transportation/volkswagen-aims-maintain-15-market-share-china-2030-country-chief-says-2024-04-24/
May holiday: Market and garbage collection in Celle's old town on Tuesday: Because of the May bank holiday, the weekly market takes place on Tuesday ...
cz.de/lokales/celle-lk/celle/mai-feiertag-markt-und-muellabfuhr-in-celler-altstadt-schon-am-dienstag-K2EHRCSJDJBURP6OC3NOKXKGXQ.html
Tesla jumps as Musk's promise of 'more affordable' cars eases growth fears: Tesla shares surged 10% on Wednesday after the electric-car maker eased some worries ...
reuters.com/technology/tesla-jumps-musks-promise-more-affordable-cars-eases-growth-fears-2024-04-24/
Très belle: French women's favorite bag is back - and we love them!: Everyone loves these bags, especially the French women - but this year we're looking at the ...
harpersbazaar.de/fashion/tres-belle-lieblingstasche-franzoesinnen-ist-zurueck-lieben
Cheaper than discounters: Egg carts have been on the Steinhagen market since the first day
haller-kreisblatt.de/lokal/steinhagen/23837573_Guenstiger-als-Discounter-Eierwagen-seit-erstem-Tag-auf-Steinhagener-Markt.html
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Yen's slide toward 160 level could trigger action, says senior ruling party official
reuters.com/markets/asia/yens-slide-toward-160-level-could-trigger-action-says-senior-ruling-party-2024-04-24/
Kindergarten children discover the Ludwigsburg weekly market: The Ludwigsburg weekly market in the heart of the city center not only has a lot of flair ...
lkz.de/lokales/stadt-ludwigsburg_artikel,-kindergartenkinder-entdecken-den-ludwigsburger-wochenmarkt-_arid,782386.html
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Biohof Eilte: The cheese dairy is closing - Heath Circle: Cows grazing in a pasture, water buffaloes bathing, several employees looking after the animals: Anyone ...
wz-net.de/lokales/biohof-eilte-die-kserei-macht-zu_10_112241071-21-.html
Huawei sales are soaring in China as Apple sinks: Huawei is not only making a roaring comeback in China, it is also on the verge of overtaking Apple in the ...
cnn.com/2024/04/23/tech/huawei-apple-smartphone-sales-china-hnk-intl/
China's EV survival game creates peril - and power: By most measures, the last thing China needs is more electric cars crowding a market with more losers than ...
reut.rs/49Q1bZK
Focus: Buy now, pay later lender Affirm pushes into elective medical procedures: Fintech lender Affirm has started quietly offering "buy now, pay later" (BNPL) ...
reuters.com/technology/buy-now-pay-later-lender-affirm-pushes-into-elective-medical-procedures-2024-04-23/
US new home sales rebound to six-month high; rising mortgage rates a concern: Sales of new U.S. single-family homes rebounded in March from February's downwardly ...
reuters.com/markets/us/us-new-home-sales-rebound-march-2024-04-23/
Tsukiji 2030s: A stadium, culinary center and transportation hub: Massive redevelopment plans for the former site of Japan's world-famous fish market aim to turn ...
japantimes.co.jp/business/2024/04/22/companies/tsukiji-market-redevelopment/
Apple's Q1 phone sales in China fall 19.1%, Huawei's up 70%: Apple's smartphone shipments in China tumbled 19% in the first quarter of the year ...
reuters.com/technology/apples-q1-phone-sales-china-fall-191-huaweis-up-70-2024-04-23/
Black swan hedge fund says Fed rate cuts will signal market crash: While U.S. financial markets debate the timing of interest rate cuts, one tail-risk hedge fund ...
reuters.com/markets/us/black-swan-hedge-fund-says-fed-rate-cuts-will-signal-market-crash-2024-04-22/
Is the tea bubble bursting? ChaPanda shares plunge in Hong Kong IPO: Shares in Chinese bubble tea chain Sichuan Baicha Baidao failed to pop during their market ...
cnn.com/2024/04/23/investing/chabaidao-ipo-hong-kong-flop/
Quick Glance: ChaPanda's Disappointing Hong Kong Debut Sees 40% Price Drop
- Chinese tea chain Sichuan Baicha Baidao, also known as ChaPanda, had a disappointing debut on the Hong Kong market with a significant price drop in morning trading.
- The shares opened at 15.74 Hong Kong dollars, 10% below its IPO price of HK$17.50, and plummeted close to 40% at one point, closing the morning session at HK$11.34, down by 35%.
First-time buyers face toughest test for 70 years, lenders say: First-time buyers depend on two high incomes or parental support, the Building Societies ...
bbc.com/news/articles/c87zgx42m5go
General Motors beats quarterly results targets, raises forecast: General Motors on Tuesday posted quarterly results that topped Wall Street targets and raised ...
reuters.com/business/autos-transportation/general-motors-beats-quarterly-results-targets-raises-forecast-2024-04-23/
BOJ will hike rates if trend inflation accelerates, gov Ueda says: The Bank of Japan will raise interest rates again if trend inflation accelerates toward its 2% ...
reuters.com/markets/asia/boj-will-hike-rates-if-trend-inflation-accelerates-says-gov-ueda-2024-04-23/
EU launches investigation into Chinese medical device market: The European Commission launched a probe into China's public procurement of medical devices on ...
reuters.com/world/europe/eu-opens-investigation-into-chinese-medical-device-market-2024-04-24/
China's EV survival game creates peril - and power: By most measures, the last thing China needs is more electric cars crowding a market with more losers than ...
reuters.com/world/china/chinas-ev-survival-game-creates-peril-power-2024-04-24/
We Tested The Entire Line of Oral-B Electric Toothbrushes—These 6 Are the Best: We asked the experts and independently tested all of the Oral-B electric ...
health.com/best-oral-b-electric-toothbrushes-7371190
Foreigners add net $32.7 bln to EM portfolios in March -IIF: Foreigners added about $32.7 billion to their emerging market portfolios in March ...
reuters.com/markets/foreigners-add-net-327-bln-em-portfolios-march-iif-2024-04-23/
Bankers lose hope of London IPO revival for another year: Banks have mostly given up hope this year will bring a long-awaited recovery in UK IPOs ...
reuters.com/markets/europe/bankers-lose-hope-london-ipo-revival-another-year-2024-04-23/
Japan may intervene to support yen any time, says senior ruling party official: Japanese authorities could intervene in the currency market any time as recent ...
reuters.com/markets/currencies/japan-may-intervene-support-yen-any-time-says-senior-ruling-party-official-2024-04-23/
Shortage of skilled workers in Saxony-Anhalt: Bernburg fishmonger complains: Halle/MZ - Ivonne Gutzeit has a few kind words for all her customers ...
mz.de/mitteldeutschland/wirtschaft/personalmangel-fachkraeftemangel-fischhaendlerin-bernburg-ivonne-gutzeit-verkaufswagen-buergergeld-3830576
Paid articlePaid Nidec posts unexpected quarterly loss, hit by restructuring costs amid China EV war
reuters.com/business/autos-transportation/nidec-posts-quarterly-loss-hit-by-restructuring-costs-2024-04-23/
Mobile trading - Fear of the downward spiral: Weekly markets are now having a difficult time in Germany and are losing significantly in sales: a reason for joy ...
lebensmittelpraxis.de/zentrale-management/39916-mobiler-handel-angst-vor-der-abwaertsspirale.html
US FDA approves ImmunityBio's bladder cancer therapy: The U.S. health regulator approved on Monday ImmunityBio's combination therapy to treat a type of bladder ...
reuters.com/business/healthcare-pharmaceuticals/us-fda-approves-immunitybios-bladder-cancer-therapy-2024-04-22/
Sindelfingen weekly market - Rainer Klein resigns from his position as market spokesman
szbz.de/nachrichten/artikel/sindelfingen-rainer-klein-gibt-sein-amt-als-marktsprecher-vom-sindelfinger-wochenmarkt-ab
Paid articlePaid Recruiter Randstad misses profit forecast in tough market conditions: Randstad , the world's biggest employment agency, reported first-quarter core earnings ...
reuters.com/business/dutch-recruiter-randstads-q1-earnings-miss-expectations-2024-04-23/
Sluggish demand and oversupply sap European diesel markets: European diesel futures spreads are flashing signs of oversupply and slow demand with the three-month ...
reuters.com/markets/europe/sluggish-demand-oversupply-sap-european-diesel-markets-2024-04-22/
LATAM's share of Brazil airline market hits 11-year high as Gol drops: LATAM Airlines' share of Brazil's domestic market reached its highest level in 11 years in ...
reuters.com/business/aerospace-defense/latams-share-brazil-airline-market-hits-11-year-high-gol-drops-2024-04-22/
Private credit paints a new scream for banks: Private credit providers want to turn financial slicing and dicing into a work of art. Sotheby’s Financial Services ...
reuters.com/breakingviews/private-credit-paints-new-scream-banks-2024-04-22/
What to do about the EU’s relative decline: The European Union will be marginalised if it continues to shrink compared to other parts of the world ...
reuters.com/breakingviews/what-do-about-eus-relative-decline-2024-04-22/
Quick Glance: Addressing the EU's Relative Decline
- The EU faces marginalization if it continues to shrink compared to other parts of the world.
- There are two ways to look at the EU's relative decline: living standards and power.
- The EU is dealing with different threats from aggressive Russia, China, and the United States.
- To tackle the challenges, the EU needs to strengthen its single market, invest in key industries, and focus on future technologies.
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