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.

Evergrande

Evergrande Stocks Plunge as It Draws Near Default Risk

On Thursday, Evergrande stocks sharply plunged as the property developer approached the brink of default risk. Consequently, the real estate company sank 7.47% or 0.21 points to $0.33 per share. Evergrande, with its outrageous amounts of credit, was marked as the world’s most indebted property developer. In its 2020 annual report, the company posted $52.00 …

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European Stocks

European Stocks Mixed on Global Growth Concerns

On Wednesday, European stocks mixed as China’s downbeat economic data spilt global growth concerns.  Accordingly, the pan-European STOXX 600 index shed 0.12% or 0.54 points to $467.11 per share.  Just Eat Takeaway.com, the index’s current bottom performer, fell 4.27% or 3.31 points to $87.73 per share. Consequently, the EURO STOXX 50 index plunged 0.06% or …

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Alibaba

Alibaba Drops as it Heads a $300M Investment to DeepRoute.ai

On Tuesday, Alibaba stocks dropped as it headed a $300 million investment to startup DeepRoute.ai.     The e-commerce giant declined 1.60% or 2.69 points to $165.41 per share. Moreover, Alibaba plunged after it reached $168.10 per share yesterday. Alibaba’s investment emphasizes its goal to get a secure position in the industry of autonomous vehicles.  DeepRoute.ai …

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Nio Inc

Nio Inc. Stocks Tumbled amid China’s Booming EV Industry

On Monday, Nio Inc. stocks tumbled amid China’s booming electric vehicle industry.  Accordingly, the automobile manufacturer declined 1.22% or 0.47 points to $37.98 per share.  Nio specializes in designing and developing electric vehicles. In addition, it has a market capitalization of $62.24 billion with a revenue of $8.45 billion. Moreover, the shares of Nio have …

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TMN - Affirm

Affirm Stocks Soared on Upbeat Fourth Quarter 2021 Report

On Friday, Affirm stocks soared as the company reported upbeat fourth-quarter fiscal year 2021 results. Accordingly, Affirm Holdings Inc. surged 5.16% or 4.52 points to $92.06 per share. The fintech company offers a platform for digital payment transactions in the United States and Canada. Moreover, Affirm is a financial lender of instalment loans to finance …

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Lululemon

Lululemon Stocks Surge as Q2 Earnings Beat Estimates

On Thursday, Lululemon Athletica Inc. surged as its second-quarter earnings exceeded estimates. On the Frankfurt Stock Exchange, Lululemon soared 13.34% or 42.50 points to $361.05 per share.  The Canadian-American company is a designer, distributor, and retailer of sports apparel and accessories. Moreover, Lululemon has a market capitalization of $41.93 billion and shares outstanding of $1.30 …

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european flag and stock market

European Stocks Retreated on Economic Growth Worries

On Wednesday, European stocks slipped as worries hiked on the surge of coronavirus infections which could cause a slowdown in economic growth. Moreover, investors look forward to the European Central Bank meeting on Thursday. Experts expect that the ECB will possibly discuss the reduction in its asset purchasing program. Consequently, the pan-European STOXX 600 declined …

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Softbank

Softbank up After Its Stock Swap Deal with Deutsche Telekom

On Tuesday, Softbank Group Corp hiked after announcing its stock-swap deal with Deutsche Telekom. Softbank sharply spiked 9.86% or 623.00 points to $6,943.00 per share. The Japanese holding company invests in breakthrough technology such as telecommunications, internet services, AI, smart robotics, IoT, and clean energy technology providers. SoftBank signed a complicated deal that includes its …

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