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.

Asia-Pacific stocks slide; Hang Seng drops 3%

Five Below stocks drop on downbeat Q4 revenue

Shares of Five Below Inc. declined on Wednesday after its fiscal fourth-quarter revenue missed market estimates. Accordingly, the American discount store closed 6.53% or 11.19 points lower to $160.20 per share. Then, it followed this plunge with a drop of 0.06% or 0.10 points to $160.00 per share in the after-hours trading. The company currently …

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Apple

Apple Inc. enables reader apps to use external links

On late Wednesday, Apple Inc. announced that it would allow reader apps to use external links inside their platforms. The update will enable users to sign up or manage their accounts. The said applications provide access to digital content, like Netflix, Kindle, or Spotify. The iPhone maker previously prohibited app developers from including links to …

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Alibaba

Alibaba led $60.00 million funding to Nreal

On Wednesday, Alibaba Group led the $60.00 million series C+ fundraising round into augmented reality glasses maker Nreal. In line with this, the Chinese smart glasses startup raised a total of $200.00 million over the past year. The firm said that the latest investment would support its efforts toward research and development. Moreover, Alibaba’s investment …

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Stocks

Micron stocks tick higher on upbeat revenue forecast

Shares of Micron Technology, Inc. climbed on Tuesday’s after-hours after posting a better-than-expected fiscal third-quarter outlook. The American chipmaker gained 3.88% or 3.18 points to $85.23 per share. It followed a jump of 2.74% or 2.19 points to $82.05 per share in regular trading. Accordingly, this upturn sent $3.57 billion to the company’s market valuation. …

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Tesla halts Shanghai factory output on COVID curbs

Tesla halts Shanghai factory output on COVID curbs

Tesla Inc. announced to suspend production at its Shanghai factory until Thursday after the financial hub imposed tighter COVID-19 restrictions. The leading automaker initially attempted to create a closed-loop to continue its outputs. However, the company needed to comply with the government protocols. Tesla has notified its workers and suppliers of the move on Sunday, …

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TMN - FedEx

FedEx stocks rise as the firm names new CEO

Shares of FedEx Corporation increased on Monday’s extended trading after the company named a new chief executive officer. The package-delivery company rose 2.04% or 4.70 points to $234.75 per share. It extended a gain of 1.54% or 3.49 points to $230.05 per share during the regular hours. This upward movement sent an additional $1.28 billion …

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Experts say The Second Cold War has started

Experts Say the Second Cold War Has Started

According to Jason Schenker, president of Prestige Economics, the second Cold War has already started. Angela Stent, the senior advisor for Georgetown University’s Center for Eurasian, Russian, and East European Studies, stated that she thinks that we are headed into a 21st-century version of the Cold War. Still, it will be different from the Cold …

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Shiba Inu burnt 2.60 Billion in seven daysShiba Inu burnt 2.60 Billion in seven days

Shiba Inu Burnt 2.60 Billion in Seven Days

A whopping sum of 2,604,802,620 (2.60B) SHIB tokens have been taken out of circulation permanently within the last seven days and 297,703,474 (297.70M) in the past 24 hours. Shibburn.com recently reported 191 transactions towards the dead wallet throughout the last week, via which 2,604,802,620 (2.60B) dog-themed token has been burned by community-led burning initiatives. Record …

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