On Wednesday, July 7, most Asia stocks were down as investors grew concerned over the region’s economic outlook due to the spread of the COVID-19 delta variant. Japan’s Nikkei 225 and TOPIX index both crashed 0.94% or 268.97 points at $28,374.24 per share and 0.83% or 16.15 points at $1,938.35 per share, respectively. Some analysts …
Asia Stocks Mostly Down as COVID-19 Delta Variant Surges Read More »
Samsung Electronics Co Ltd should surge 38% in its second-quarter profit. The surge should come due to high chip prices and huge sales of household appliances. In addition, the projected rise might also be attributed to its recovering investments in data centers. The South Korean tech giant should release its preliminary second-quarter results on Wednesday, …
Samsung Electronics Q2 Earnings Expected to Surge 38% Read More »
On Monday, July 5, EU stocks climbed as investors expect that the region’s economic recovery will be positive in the second quarter of 2021. The pan-European STOXX 600 opened with a 52-week high of $460.51, rising 0.26% or 1.18 points at $456.81 per share. The index is up over 14% year-to-date, and Wall Street bank …
EU Stocks Climbed as Investors Expects Positive Recovery Read More »
The giant carmaker Tesla announced that it delivered 201,250 vehicles in the second quarter of the year. The quarter’s deliveries dropped short of expectations. According to estimates compiled by FactSet, analysts were anticipating Tesla to deliver about 207,000 cars during this period. Shares of the carmaker were roughly flat in premarket trading Friday. The company produced …
On Thursday, July 2, US carmakers posted a sharp increase in their second-quarter sales due to strong demand for SUVs. The firms added that this trend should continue next year as more people are shifting to private vehicles due to the spreading Coronavirus. Also, several automobile companies are up to launching their electric vehicles (EVs). …
US Car Makers Posted Higher Q2 Sales, Toyota Beats GM Read More »
A bond is simply a loan made by an investor to a borrower such as a company or government. A bond could be conceived of as an IOU between the lender and borrower that includes the details of the loan and its payment. The borrower takes the money to finance its operations, and the investor …
On Wednesday, June 30, Krispy Kreme lowered its IPO price to $17 each, below its recent range of $21 to $24. The new initial public offering price will raise the company about $500 million from 29.4 million shares. According to the U.S. Securities and Exchange Commission, the doughnut business plans to raise about $640 million …
Krispy Kreme IPO Price Lowered $17 Each to 29.4 M Shares Read More »
On Wednesday, June 30, Japanese stocks crashed amid worries about the COVID-19 Delta variant as a Ugandan Olympic delegate tested positive. The Nikkei 225 plummeted 0.07%, with a net change of $21.08, sending the stocks to the bottom at $28,791.63 per share. Meanwhile, the Nikkei Volatility fell 1.90% or 0.34 points at $17.52. In addition, …
Japan Stocks Crashed Amid Delta Variant Concern, Asia Up Read More »
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