Word size Warren Buffett, CEO of Berkshire Hathaway Warren Buffett’s Berkshire Hathaway Has confirmed that its holdings have been trimmed Apple Stock in the third quarter. Group launches positions in drug giants …
Read More »Commerce Department announces moratorium of Tikotok shutdown order
WASHINGTON – The Commerce Department said on Thursday that it would not enforce its order that would force it to effectively shut down the Chinese-owned Tiktok video-sharing app, citing a federal court …
Read More »Rebounding Corporate Profits Fortify Stock Market Rally
Large US companies have given expectations in this earnings season, potentially laying the foundation for the next phase of the stock market rally as investors go beyond elections. As with most companies …
Read More »Alibaba Continuum to Grow, Added by a Strong Chinese Recovery. The stock is falling.
Word size Alibaba posted revenue-beating analyst expectations on Thursday. Agnes France-Press / Getty Images Internet giant Alibaba group holdingOf The core e-commerce business continued to grow in the last quarter, as China …
Read More »Qualcomm stock surges after strong 5G chip forecast
Word size Qualcomm president Cristiano Amon speaks during a press event in January. Mario Tum / Getty Images Stock in Qualcomm has been steadily increasing as the company said that it is …
Read More »Biogen stock leaps as a sign of FDA approval for its Alzheimer’s drug
Word size Aducanumab targets plaque produced in the brain cells of Alzheimer’s patients. Dream time BiogenOf Luck turned on Wednesday. Prior to Friday’s meeting at the company’s request for treatment for Alzheimer’s …
Read More »US Treasury Yields Comes to Decreased Stimulus Expectations
US government-bond yields have declined sharply, reflecting traders’ bets that Tuesday’s election would result in much higher than small economic stimulus efforts. Although the votes were being counted, the returns suggested a …
Read More »NIO and Xpeng are Wall Street’s Favorite Chinese EV Stocks
Word size An NIO EP9 Autonomous Electric Vehicle in Beijing. Lintao Zhang / Getty Images NIO And Xpeng US listed Chinese electric vehicle manufacturers are the biggest potential winners, according to Citigroup, …
Read More »Scuttled Ant Group IPO for Other Chinese Stocks
Word size Ant group mascot. Qilai Shane / Bloomberg The Ant Group’s suspension of dual initial public offerings this weekend – a day after calling on Chinese regulators Alibaba group holding Jack …
Read More »Berkshire Hathaway’s earnings are coming. What to expect here
Word size Warren Buffett, CEO of Berkshire Hathaway, attends 2019 annual shareholders meeting in Omaha, Nebraska Johannes Isle / AFP via Getty Image Investors will be focused Berkshire HathawayOf Stock buyback activity, …
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