Top 5 Stock To Watch out And Trade Today – March 25, 2022

Top 5 Stock To Watch out And Trade Today – March 25, 2022

Best Stocks to Buy Today


1.TOSHIBA:-  Singapore-based fund 3D Investment Partners is pleased that shareholders of Toshiba  Corp rejected the Japanese conglomerate’s separation plan, the fund said on Friday.

In a statement, the fund called for Toshiba’s strategic review committee to immediately re-examine all the company’s options.

The statement came a day after an extraordinary general meeting voted down competing proposals, one from Toshiba management and another backed by activist shareholders, leaving uncertain the future direction of the embattled company.

2.BOEING : The U.S. Federal Aviation Administration (FAA) warned Boeing  Co earlier this week the planemaker may not gain certification of a lengthened version of the 737 MAX ahead of a key safety deadline set by Congress, a source told Reuters.

Ian Won, acting manager of the FAA aviation safety office that oversees Boeing, asked the U.S. planemaker in a letter dated March 21 to provide a “mature certification schedule,” according to a source familiar with the letter. Won also sought updates on progress for both the 737 MAX 10 and 777-9.

Both airliner designs are under development. Certification is needed before they can enter service.

“With regard to the current Boeing Model 737-10 program maturity, the FAA is concerned it will be significantly challenged to meet the directive” of Congress in 2020, Won wrote, the source said.

Won’s letter referred to the 2020 law known as the Aircraft Certification, Safety, and Accountability Act, which reformed how the FAA certifies new airplanes. The law sets a late-December 2022 deadline for imposing a new safety standard for cockpit alerts.

Only Congress can extend the deadline if the FAA does not certify the 737 MAX 10 before the end of the year.

Boeing has raised with some lawmakers the potential impact on jobs and production if the aircraft is not approved, Reuters reported last week.

 3.META:- Meta Platforms Inc will make it easier for brands to run three-dimensional ads on its Facebook  and Instagram social media platforms through a new partnership with an ecommerce technology firm.

The integration with VNTANA will allow brands to upload the 3D models of their products to Facebook and Instagram and easily convert them into ads, VNTANA said on Thursday in a press release.

The move is a stepping stone into advertising in the metaverse, said VNTANA Chief Executive Ashley Crowder, referring to the futuristic idea of a collection of virtual worlds that can be accessed through devices such as headsets.

Meta has staked its future on contributing to the building of the metaverse, which it has said could take up to a decade to be realized.

Meta previously partnered with augmented reality (AR) companies Modiface and PerfectCorp to help beauty and cosmetic brands more easily run 3D and AR advertising.

4.APPLE:Apple Inc said it has resolved the issues that caused outages to its iMessage service after complaints earlier on Thursday, as the tech behemoth grappled with disruptions to its cloud services for the third time this week.

User reports complaining of iMessage outages on started climbing shortly after 4:20 p.m. ET, and later hit over 1,100.

Apple  was hit with similar outages earlier this week that knocked off services like its mobile App Store and music streaming service.

The company did not respond to a request for comment on the reasons for the recent outages.

Apple’s corporate staff working from home and retail workers also faced tech issues on Monday due to domain name system (DNS) issues, according to Bloomberg News.

In a number of incidents last year, issues with DNS – an address book of the internet which enables computers to match website addresses with the correct server, caused widespread outages on social media platforms including Facebook  and Instagram, and brought down websites of airlines and banks for several hours.

5.MOODY:-Moody’s Investors Service (MIS) said on Thursday it intends to withdraw its credit ratings on Russian entities, following similar moves by Fitch and S&P Global  Ratings.

The rating agency’s parent firm, Moody’s Corp, suspended commercial operations in Russia earlier this month over Moscow’s invasion of Ukraine.

The European Union (EU) on March 15 banned top credit rating firms from rating Russia and the country’s companies as part of its latest sanctions package, to ramp up economic pressure on the country.

About Author

Related posts

Leave a Reply