TOP 5 STOCKS TO WATCHOUT:- 1.SONY: Sony stock traded up 1.2% in premarket Tuesday as it struck a deal to buy Bungie, a U.S. video game developer behind the popular Destiny and Halo franchises, for $3.6 billion. Bungie will operate as an independent subsidiary of Sony once the transaction...
TOP 5 STOCKS TO WATCHOUT:- 1.JAGUAR LANDROVER: Jaguar Land Rover (JLR) owner Tata Motors reported a loss for the third quarter on Monday, hurt by semiconductor shortages and high commodity prices. Automakers worldwide have been roiled by the chip shortage, along with supply chain disruptions, COVID-19 restrictions, and rising...
TOP 5 STOCKS TO WATCHOUT:- 1.CITI GROUP:Hong Kong’s markets watchdog has fined a Citigroup unit HK$348.25 million ($44.68 million) for what it called serious regulatory failures over client facilitation activities, attributing the fault to former senior management at the bank. The Securities and Futures Commission said Citigroup Global Markets...
Shell (LON: RDSa) is trading down 1.61% at 22.67 Shell (LON: RDSa)’s head of renewable energies Elisabeth Brinton has stepped down less than two years after taking the reins of the business which the company seeks to rapidly grow as part of its strategy to reduce greenhouse gas emissions....
Tesla (NASDAQ:TSLA) is trading up 2.07% at 937.41 Tesla (NASDAQ: TSLA)’s most important products this year and next will not be cars, CEO Elon Musk said on Wednesday, but software that drives them autonomously and a humanoid robot the company expects to help out in the factory. The audacious...
TOP 5 STOCKS TO WATCHOUT:- 1.RENAULT:Â Renault and Nissan will work more closely together to make electric cars, they said on Thursday, detailing their plans to spend 23 billion euros ($26 billion) on the transition to cleaner vehicles over the next five years. The two-decade-old alliance, which also includes Mitsubishi...
Microsoft Corp (NASDAQ:MSFT) is trading down 2.66% at 288.49 After a brief scare, Microsoft Corp (NASDAQ:MSFT)reassured tech investors late on Tuesday that the enterprise internet cloud business category has plenty of room to grow. Shares of the software and services giant sank as much as 6% on Tuesday after...
TOP 5 STOCKS TO WATCHOUT:- 1.HYUNDAI:South Korea’s Hyundai Motor Co reported a nearly 50% drop in quarterly profit on Tuesday, falling significantly short of analysts’ estimate, hurt by rising raw material costs and a one-off expense associated with employees’ bonuses. Hyundai Motor, which together with affiliate Kia Corp is...
TOP 5 STOCKS TO WATCHOUT:- 1. PFIZER: Pfizer Inc  Chief Executive Albert Bourla said on Saturday that an annual COVID-19 vaccine would be preferable to more frequent booster shots in fighting the coronavirus pandemic. Pfizer/BioNtech’s COVID-19 vaccine has shown to be effective against severe disease and death caused by the...
Microsoft Corp (NASDAQ:MSFT) is trading up 0.22% at 303.33 Hedge funds that earn returns speculating on precarious acquisitions were handed a gift this week when Microsoft Corp (NASDAQ:MSFT)agreed to buy “Call of Duty” maker Activision Blizzard (NASDAQ:ATVI) for $68.7 billion in cash. The transaction will require antitrust approval in...
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