Archive for Tag: Trade Ideas everyday

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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Facebook

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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JPMorgan

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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BANK OF AMERICA

‘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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J&J MAY NOT MEET U.S. COVID-19 VACCINE SUPPLY TARGET BY SPRING

Johnson & Johnson (NYSE:JNJ) is facing unexpected delays in the manufacturing of its coronavirus vaccine and may not be able to supply the doses it promised the federal government by spring, the New York Times reported on Wednesday. U.S. federal officials have been told that J&J has fallen as...

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EUROPEAN STOCKS UP, INCREASED U.S. COVID-19 VACCINE ROLLOUT RAISE RECOVERY HOPES

Euro stoxx 50 futures fell 0.03%, German DAX futures were up 0.03% and Britain’s FTSE futures were up 0.18%, pointing to a subdued start to European trade. Investors are betting that the incoming Biden administration would ramp up U.S. distribution of coronavirus vaccines and spend big on more stimulus,...

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