It was a good day for stocks in Asia. China’s August economic data helped to boost most stocks. For example, mainland Chinese stocks strengthened their positions on September 15. The Shanghai Composite added 0.51% to about 3’295.68. At the same time, the Shenzhen Component gained 0’933% to around 13’143.46. Hong Kong’s Hang Seng index advanced …
China’s Positive Retail Sales and its Impact on Stocks Read More »
Shares of SoftBank Group soared on Monday thanks to a deal with Nvidia. However, before discussing the share of the conglomerate, let’s have a look at the stocks in Asia. Interestingly, stocks in the Asia Pacific strengthened their positions, as investors analyzed the information regarding the SoftBank-Nvidia deal. South Korea’s Kospi gained 1.3% on the …
SoftBank Group Sold Chip Designer for $40 Billion Read More »
Shares of Japan’s conglomerate SoftBank Group jumped more than 8% on Monday. Interestingly, shares of SoftBank jumped around 9% following an announcement that the firm made the decision to sell chip designer Arm to Nvidia. Importantly, Nvidia agreed to buy the chip designer from the U.K. in a deal worth $40 billion. The companies announced …
There are numerous factors that have the potential to influences stocks. Interestingly, stocks in the Asia-Pacific strengthened their positions on September 11, as investors watched regional technology stock movements after a decline in the sector in the U.S. Notably, Japanese stocks saw gains on the day. The Nikkei 225 added 0.74% to 23’406.49. At the …
It was a positive day for the stocks in the Asia-Pacific, as most of them saw gains on the day. Investors watched regional technology stock movements after a decline in the sector in the U.S. For example, mainland Chinese stocks strengthened their positions on Friday. The Shanghai Composite added 0.79% to around 3’260.35. At the …
Shares of Major Tech Companies and Investor Sentiment Read More »
Hyliion is an electric truck company founded in 2015. Interestingly, this company makes hybrid and fully electric powertrain solutions for Class 8 Commercial vehicles. For example, thanks to a hybrid solution, it is possible to increase the range as well as the efficiency of the trucks that have diesel engines. This is not the end …
Tortoise Acquisition Corp. Hyliion and Electric-Truck Stock Read More »
Electric vehicles have the potential to minimize the damage to the ecology. Moreover, investors are willing to provide money for such projects. Interestingly, special purpose acquisition company Tortoise Acquisition Corp and electric truck company Hyliion will vote on their merger on September 28. As a result, there will likely soon be another electric vehicle player …
Electric Truck Company Hyliion and Plans for the Future Read More »
It was an interesting day as stocks in the Asia Pacific fell on Wednesday. However, European stocks saw gains on the day. Let’s have a look at the stocks across the world. For example, mainland Chinese stocks saw losses on the day. The Shanghai Composite fell 1.86% to about 3’254.63. Also, the Shenzhen Component dropped …
Stocks in Europe, Asia, and Other Parts of the World Read More »
Stocks in Europe saw gains on the day as investors looked to treat a technology-led rout earlier in the week that put pressure on financial markets around the world as not significant. It is worth noting that, the pan-European Stoxx 600 added 1.6%, with the tech and telecom sectors both jumping more than 2%. …
European Stocks Strengthened their Positions on Wednesday Read More »
Electric cars step-by-step became an integral part of the modern world. As a result, companies such as Tesla have the opportunity to generate billions of dollars. This trend will continue in the future as more and more people will be able to afford electric cars. Notably, Tesla is one of the most famous electric car …
Tesla is one of the most famous electric car manufacturers in the world. Moreover, Elon Musk is one of the wealthiest people in the world. This fact once more underlines the importance of this company based in California. Importantly, shares of Tesla plunged on Tuesday, after the S&P 500 Index Committee that decides on new additions …
Tensions between the U.S. and China started a long time ago. However, the coronavirus pandemic created additional problems. It is not surprising that investors are closely watching the situation to learn more about the situation. Unfortunately however, stocks were mixed on September 7 as investors reacted to rising tensions between the countries. Importantly, Hong Kong-listed …
Tensions between Economic Superpowers and Stocks Read More »
Semiconductor Manufacturing International Corporation (SMIC) is China’s largest chip manufacturer. Hong Kong-listed shares of SMIC fell 22.88% on Monday. It is worth mentioning that, SMIC is regarded as an important player in China’s ambition to grow its domestic semiconductor industry. Interestingly, the Hang Seng Tech index fell 4.57% on the day to 7’240.96. Notably, …
Shares of China’s Largest Chip Manufacturer Fell by 22.88% Read More »
On Friday, it was a tough day for many companies across Asia. As a reminder, several days ago shares of the world’s biggest publicly-traded company fell 8%. Tech giant Apple suffered the biggest one day decline since mid-March. On September 4, shares of Apple’s suppliers in Asia declined, due to the factor mentioned above. Shares …
Asian Companies and World’s Biggest Publicly Traded Company Read More »
On Thursday, shares of the world-famous company Apple fell 8%. It is the biggest one day decline since mid-March. Moreover, on the next day shares of Apple suppliers in Asia declined, due to this factor. For example, shares of Sharp fell 0.65% and Murata Manufacturing in Japan dropped 1.56%. Moreover, shares of Taiwan Semiconductor Manufacturing …
Shares of Apple Suppliers After its Biggest One-Day Decline Read More »
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