China’s healthcare platforms gained popularity in 2020. Importantly, JD Health International Inc, is a major Chinese online healthcare platform. As a reminder, JD Health is a unit of Chinese e-commerce giant JD.com. Interestingly, this healthcare platform is looking to raise more than $3 billion in its Hong Kong debut. However, before discussing the plans of …
Chinese Online Healthcare Platform Plans to Raise Billions Read More »
This week Gap Inc. reported fiscal third-quarter earnings that failed to meet expectations. Interestingly, higher spending on marketing affected the situation. The company’s namesake and Banana Republic brands reported double-digit declines. Hopefully, Old Navy and Athleta saw gains in the quarter. It is worth mentioning that the global health crisis made it difficult for many …
The coronavirus pandemic remains one of the most important topics for more than 9 months. Moreover, the pandemic is not over yet and it is hard to determine how long it would take to stabilize the situation. Interestingly, stocks in Japan led gains among Asia-Pacific markets on November 24. Investors in the region reacted to …
How Positive Coronavirus News Affected Stocks in Asia Read More »
Investors, analysts, authorities are closely monitoring the situation as they would like to know more details about the vaccines developed by various companies. Importantly, stocks in Asia-Pacific were mixed on November 17, as traders wrestled with optimism around a potential coronavirus vaccine as well as economic worries. Let’s have a look at the stocks to …
Coronavirus Vaccine and Economic Issues Affected Stocks Read More »
On Wednesday, Target reported fiscal third-quarter results that surpassed expectations. The company won market share by turning shoppers’ pandemic habits into lasting gains. Based on the information provided by the company, it grabbed market share across all of its core categories. Importantly, year to date, the discount retailer won $6 billion in market share, with …
Companies in different parts of the world are working hard to create an effective coronavirus vaccine. Recently, Moderna released the information that helped to boost its shares. On Monday, shares of Moderna added 9.58% to $97.95. It is worth noting that shares of the company hit a new 52 week high. The previous record was …
Shares of Moderna Reached a new 52-Week High on Monday Read More »
It was a positive day for stocks in Asia-Pacific, after China and 14 other countries located in the region signed a deal that formed the world’s largest trade alliance. It is worth mentioning that, the trade deal signed on November 15, aims to gradually reduce tariffs across many areas. People should take into account that …
The coronavirus pandemic remains one of the most discussed issues in the world, for more than 8 months and it is hard to determine how long it would take to stabilize the situation. Moreover, the number of cases in the U.S. and elsewhere continue to rise and it is not surprising that stocks in Asia-Pacific …
How Coronavirus Cases in the U.S. Affected Stocks in Asia Read More »
It was a positive day for technology shares in the region on Thursday. Hopefully, shares of famous tech companies saw gains on the day. However, before discussing technology shares, it is interesting to have a look at the stocks in Asia-Pacific. Unfortunately, stocks struggled for direction on November 12 as tech shares in the …
It was a very interesting day for the stocks in Asia-Pacific. Importantly, stocks in the region were mixed on Wednesday, with tech shares in the region monitored after overnight declines for the sector in the U.S. Interestingly, shares of tech giants listed in Hong Kong saw significant losses. However, before discussing the shares of famous …
Tough Day For the Hong-Kong Listed Shares of Tech Companies Read More »
Airlines suffered huge losses due to the coronavirus pandemic. Moreover, the industry is struggling is to cope with problems. The top priority for some of them is to avoid the worst-case scenario. Moreover, the pandemic is not over yet, and it could several years to return to pre-coronavirus pandemic levels. Hopefully, shares of airlines in …
Shares of Airlines Jumped Thanks to Positive News Read More »
On Monday, Fidelity, TD Ameritrade, and other Wall Street brokerage firms faced trading glitches when Wall Street opened for trading. Brokerage firms experienced service interruptions as oil and stocks soared after upbeat news from Pfizer on a coronavirus vaccine. According to the Downdetector app, customers of Fidelity, Merrill Lynch, Charles Shwab, Vanguard, and TD Ameritrade …
Wall Street Brokerage Firms Face Trading Glitches Read More »
McDonald’s Corporation is one of the most famous fast food companies in the world and it retains this status for decades. Interestingly, people from all over the world, have at least some information about the company. Let’s have a look at the results, and discuss its plans for the future. It is worth noting that, …
McDonald’s Quarterly Earnings and Plans for the Future Read More »
Uber Technologies Inc., commonly known as Uber, is an American company based in San Fransisco, that operates around the world. It is worth mentioning that, Uber reported the third quarter revenue that missed expectations. According to the company’s CEO Dara Khosrowshahi, there are early signs its core ride-hailing business would fully recover from the coronavirus …
Uber Failed to Meet Expectations in the Third Quarter Read More »
China is home to many world-famous such as tech giants Alibaba and Tencent. Interestingly, shares of Chinese tech firms in Asia jumped on November 5, after robust gains seen overnight on Wall Street for the tech-heavy Nasdaq Composite. Importantly, shares of Alibaba listed in Hong Kong jumped 6.28% on the day. As a reminder, the …
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