1.Dell:-Stocks of Dell and HP traded lower in Friday’s premarket on worries over higher input costs and lengthening order backlogs due to component shortages. HP chief executive Enrique Lores told analysts after the company’s quarterly results that it had a full quarter’s worth of order backlogs that it hadn’t...
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Japan Gross Domestic Product (GDP) QoQ WHEN: WHAT IT INFLUENCES: 7th JUNE 2021 JPY and its subsequent pairs WHAT’S HAPPENING: Gross Domestic Product (GDP) measures the change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and...
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1. TESLA: – Staff at some Chinese government offices have been told not to park their Tesla (NASDAQ:TSLA) Inc cars inside government compounds due to security concerns over cameras installed on the vehicles, two people with knowledge of the matter said. The people said officials of at least two...
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1.TESLA: –-U.S. electric car maker Tesla (NASDAQ:TSLA) Inc has halted plans to buy land to expand its Shanghai plant and make it a global export hub, people familiar with the matter said, due to uncertainty created by U.S.-China tensions. With 25% tariffs on imported Chinese electric vehicles imposed 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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