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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.

Alibaba Stock Surges as Founder Jack Ma Praises Its Overhaul

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On Wednesday, Alibaba ADR’s shares spiked after its founder, Jack Ma, commended the Chinese tech giant’s year-long reorganization. The Hangzhou-headquartered company’s stock advanced 2.19% to $74.59 per share on April 10, extending its winning streak to three days. Nevertheless, industry watchers predict a slight correction of 0.13% down to $74.50 apiece in the coming market …

Alibaba Stock Surges as Founder Jack Ma Praises Its Overhaul Read More »

TMN - Wheat

Wheat Prices Recover on Better US Winter Crop Conditions

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On Wednesday, wheat prices recovered from an overnight decline, finding support from better US winter crop conditions. US wheat futures for May delivery surged by 1.54% to $5.66 per bushel in Asian afternoon trade after the National Weather Service (NWS) reported there was about six times the average volume of rain that fell in some …

Wheat Prices Recover on Better US Winter Crop Conditions Read More »

Microsoft lost 12% of its profit

Blizzard Strikes New Game Distribution Deal with NetEase

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Microsoft Corp.’s game maker Blizzard Entertainment Inc. struck a new deal with Chinese video game giant NetEase Inc. on Wednesday, allowing the return of some of Blizzard’s popular titles in the world’s second-largest economy. The two firms stated that they aim to relaunch games from the Activision Blizzard Inc. subsidiary in China starting this summer, …

Blizzard Strikes New Game Distribution Deal with NetEase Read More »

Analysts expect a further rise of gold

Gold Rose, Record Maintains Ahead Inflation as Rate Looms

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On Tuesday, gold prices surged vaguely and remained at an all-time high ahead of more signals on US inflation and interest rates. The yellow metal futures ending in June rose by 0.59% to $2,364.85 per troy ounce. Moreover, gold spot price increased by 0.31% to $2,346.19 in the Asian afternoon session. Furthermore, the precious metal …

Gold Rose, Record Maintains Ahead Inflation as Rate Looms Read More »

TMN - Tesla

Elon Musk Expects AI That Beats Human Intellect by 2025

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Tesla Inc. Chief Executive Elon Musk expects to see artificial intelligence (AI) that beats human intellect by 2025 or the next, provided there is enough chip and electricity supply to meet the demand for such advanced technology. The billionaire entrepreneur said during an interview on X that the creation of artificial general intelligence (AGI) smarter …

Elon Musk Expects AI That Beats Human Intellect by 2025 Read More »

TMN - Tesla

Tesla Stock Plunged After JP Morgan Warned of Further Losses

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On Friday, Tesla Inc.’s shares sank after JP Morgan cautioned of additional losses, saying CEO Elon Musk’s divisive tweets alienated consumers. The Austin-headquartered electric vehicle (EV) maker’s stock shed 3.63% to $164.90 apiece on April 05, snapping a two-day winning streak. Furthermore, market analysts anticipate a 1.21% slide to $162.90 per share in the coming …

Tesla Stock Plunged After JP Morgan Warned of Further Losses Read More »

Oil Prices

Oil Prices Register Slight Gains Ahead of OPEC Meeting

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Oil prices traded steadily at five-month highs on Wednesday, with the markets being driven by a tighter scenario for global supplies due to a possible decline in US inventories and further signs of disruptions in Russia. Brent crude oil futures for June delivery gained 0.07% to $88.98 per barrel, while the US West Texas Intermediate …

Oil Prices Register Slight Gains Ahead of OPEC Meeting Read More »

Rakuten Stock Surges on Plans for Fintech Integration

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On Monday, Rakuten group stock rose following the announcement of its plans to integrate its fintech businesses into one group. In the Asian afternoon trading session, the Tokyo-based company stock rose by 3.68% to ¥876.00 ($5.79) apiece. The debt-laden online retailer seeks to enhance cooperation and attract more customers across various sectors, including online banking, …

Rakuten Stock Surges on Plans for Fintech Integration Read More »

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