Benjamin Chadwick

Benjamin Chadwick graduated from NYU Stern, has been an Associate Professor of Finance at the Kenna Flegler Business School for ten years before switching to a private financial consultancy and correspondent journalism from the Asian stock market. He is focused on the microstructure of securities markets, while he pays special attention to microcap issues.

AstraZeneca Beats Estimates Aided by Cancer Drugs

COVID-vaccine maker AstraZeneca beats the $10.73 billion consensus estimates with its $10.98 billion total revenue for Q3, aided by the sales of its cancer drugs. AstraZeneca, whose most extensive disease area is oncology, accounted for close to 63% of total sales for its cancer drugs last year. The sales of the pharmaceutical company’s oncology portfolio …

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WTI Dips Amid Overproduction and Resurging China COVID Cases

Oil prices drop for the third time on Wednesday amid worries about China’s COVID cases following a report of rising US crude stockpiles. West Texas Intermediate slumped 0.6% to $88.38 a barrel after falling for two consecutive days, while Brent crude sank 0.5% to $94.92 a barrel. Market sources cite figures from the American Petroleum …

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Nintendo Shares Drop After Switch Sales Projection Cut

Shares for the Kyoto-based company Nintendo Co experienced their biggest one-day drop in a year, recording an almost 7% decline on Tuesday following the company’s Switch sales projection cut. The Japanese videogame company said that their production was hindered by the semiconductors shortage, resulting in only 6.68 million Switch sales in the six-month period that …

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TMN - UPS

UPS tests eQuad electric bikes for urban deliveries

On Friday, United Parcel Service said it would experiment with a four-wheeled “eQuad” electric cargo bike for deliveries. UPS, one of the world’s largest shipping couriers, explained that these bicycles have better and more accessible access. Correspondingly, the company will use the vehicles for dispatch in densely packed urban areas. The tryout will examine around …

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Getting Started: Understanding the Basics of Owning NFTs

Getting Started: Understanding the Basics of Owning NFTs

Nun-fungible tokens (NFTs) are significantly popular these days, with vast amounts of cryptocurrency being paid for digital artworks, music, GIFs, and more. While that is the current hype around NFTs, you still need to consider carefully whether you should invest in such an asset. Some experts believed that the NFT bubble would burst eventually, such …

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