1.APPLE– Apple Inc on Monday became the first company to hit a $3 trillion stock market value, before ending the day a hair below that milestone, as investors bet the iPhone maker will keep launching best-selling products as it explores new markets such as automated cars and virtual reality....
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1.BANK OF AMERICA:-Gulf exchanges are likely to have another busy year of initial public offerings (IPOs) in 2022, possibly surpassing this year’s bumper crop, a Bank of America executive told Reuters. After a year that featured three major IPOs on both Abu Dhabi’s ADX and Saudi Arabia’s Tadawul markets,...
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1.NOKIA:-Nokia said on Wednesday it plans to launch a cloud-based software subscription service targeting telecom companies for providing software around analytics, security and data management. Many technology companies have been moving toward a subscription model from upfront licensing to build a predictable, recurring business. While some of Nokia’s software...
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TOP 5 STOCKS TO WATCHOUT:- ANT GROUP China’s Ant Group said on Monday that it is making efforts to “differentiate” part of its short-term consumer loan business Jiebei, as it pursues a Beijing-led restructuring aimed at reining in some of its freewheeling businesses. Ant, the financial affiliate of e-commerce...
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1.SONY:-Japan’s Sony Group Corp on Thursday squeezed out a surprise 1% rise in operating profit for its second quarter though costs from growing sales of its PlayStation 5 (PS5) console pressed on margins. Weaker profitability in the key games segment could also not stop the group hiking its full-year...
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1.VOLKSWAGEN: Software Volkswagen AG used to alter pollutant emissions based on the outside temperature and altitude is illegal and cannot be justified by its role in protecting the engine, an adviser to the EU’s top court said on Thursday. The finding, if confirmed by the Court of Justice of...
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