Archive for Tag: trade idea

Hyundai Motor

Hyundai Motor Group names new chief for mobility division

Hyundai Motor Group said on Friday it has formed a new mobility division to launch more service models and named an outsider as its chief following his tenure with global tech giants such as Apple Inc and Microsoft . Song Chang-hyeon will lead the newly established Transportation-as-a-Service (TaaS) division,...

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Ireland launches inquiry into Facebook after reports of data leak

Ireland’s Data Protection Commission (DPC) said on Wednesday it had launched an inquiry into Facebook Inc , after a dataset reported to contain personal data relating to some 533 million Facebook users worldwide was made public. Facebook said in a blog post last week that “malicious actors” had obtained...

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SAP shares

SAP shares pop on preliminary Q1 results, raised full-year guidance

SAP AG UP 4.09% AT 116.27 In Q1, SAP (NYSE: SAP) achieved its highest order entry growth across cloud and software in five years. The company expects €6.35B versus the €6.3B consensus and EPS of €0.88 IFRS or €1.40 non-IFRS. The EPS figures are up 29% and 63% on...

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Microsoft Corp

Microsoft says an outage with Microsoft 365 services resolved

Microsoft (NASDAQ:MSFT) UP 2.48% AT 242.35 Microsoft Corp said on Thursday it has resolved an issue with its Microsoft (NASDAQ:MSFT)365 services and features, including workplace messaging app Teams and Azure, after many users were unable to access them. Microsoft said in its status page that the Domain Name System...

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Sustainability-linked bond market to swell up to $150 billion: JPMorgan ESG DCM head

JPMorgan (NYSE:JPM) DOWN 4.96% AT 66.71 The market for bonds that are linked to companies meeting certain environmental goals could grow 20-fold this year to between $120 billion and $150 billion, a senior JP Morgan banker said, as businesses look to tap into booming demand. COVID-19 has boosted interest...

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BMW says every other car it sells to be fully electric by 2030

BMW AG UP 5.13% AT 84.43 BMW expects at least half of its sales to be zero-emission vehicles by 2030, setting a more conservative target than some rivals in the race to embrace cleaner driving. In the short term, the German carmaker forecast on Wednesday a big year-on-year rise...

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‘Taper tantrum’ worries creeping in, but equity crash not imminent

BANK OF AMERICA DOWN 0.50% AT 37.75 Investors have slightly increased their cash allocation, deeming that inflation and ‘taper tantrums’ could topple the record rally in financial markets, BofA’s March fund manager survey showed on Tuesday. Unprecedented stimulus measures have sparked worries about inflation, driving U.S. 10-year borrowing costs...

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Bank of America

The stimulus money isn’t going to be spent, Bank of America says

Bank of America DOWN 2.18% AT 36.32 Bank of America’s research investment committee say it won’t, and brings some new data to the table. First, it cited data from the Census Bureau showing that of the households who received a $600 stimulus check in the first half of February,...

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Pfizer-BioNTech vaccine neutralizes Brazil COVID-19 variant

Pfizer Inc DOWN 0.12% AT 34.35 The Pfizer coronavirus vaccine is able to neutralize a rapidly spreading virus variant from Brazil, according to a new laboratory study. Researchers developed an engineered version of the COVID-19 mutation and found that blood samples taken from people who received the vaccine were...

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