TOP 5 STOCKS TO WATCHOUT: – 1.APPLE: –Apple Inc. gets its turn this week to mount a courtroom defense against Epic Games Inc.’s antitrust claims, preparing to bring in its most powerful spokesman: Tim Cook. Mr. Cook, a guarded chief executive who is used to carefully orchestrated public appearances,...
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1.AMAZON: –Amazon (NASDAQ:AMZN) on Wednesday won its fight against an EU order to pay about 250 million euros ($303 million) in back taxes to Luxembourg as Europe’s second highest court dealt a blow to the bloc’s crackdown against unfair tax deals for multinationals. In a separate case, French utility...
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1.Rolls-Royce: –British engineering company Rolls-Royce(OTC:RYCEY) has put its Norwegian maritime engine unit Bergen back on the block, less than two months after Norway blocked a previous deal for it to be bought by a Russian company. “The sale process has restarted,” a source close to the matter said on...
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1.BMW: –BMW remains on course to meet its profit targets for 2021 despite rising raw material costs, though the global chip shortage will worsen and may hit production in the second quarter, the German carmaker said on Friday. Most of the auto industry has been hit by a global...
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1.TESLA: –-U.S. electric-vehicle maker Tesla (NASDAQ:TSLA) Inc said on Thursday it was developing a platform for car owners in China that will allow them to access data generated by their vehicles. Tesla, which makes Model 3 sedans and Model Y sport-utility vehicles at its Shanghai factory, aims to launch...
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1.GENERAL MOTORS: –General Motors Co (NYSE:GM) said on Wednesday that its first-quarter profit jumped, despite a global semiconductor chip shortage that has shuttered some of its plants. The No. 1 U.S. automaker posted a first-quarter net profit of $3 billion, or $2.03 per share, up from $294 million or...
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1.IBM: –Palantir has hired its first U.S. government chief medical officer, a former executive from IBM’s Watson Health business, as the data analytics company doubles down on its life sciences business. While the company made its name in software used by government defense agencies, sales to health-related agencies in...
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1.Real Estate Investment Trusts (REITs) This is a real estate investment done as a direct investment on a property, called an Equity REIT, or by taking a mortgage on the property, known as a mortgage REIT. Alternatively, one can invest in a combination of hybrid REITs, which are Equity...
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