Trading Ideas
Why Pinduoduo Inc. Stock Fell 14% in August
Pinduoduo stock fell amid concerns about fake and counterfeit listings but has climbed following its first-quarter results. …read more […]
Month: September 2018
Business News
U.S. securities law can cover cryptocurrencies, judge rules
U.S. securities law can be used to prosecute fraud cases over cryptocurrency offerings, a New York federal judge ruled on Tuesday in what appeared to be the first court decision to address the issue.
Trading Ideas
Boeing and Volvo have shut down their factories in South Carolina because of Hurricane Florence (BA)
Hurricane Florence is bearing down on the East Coast of the United States. Boeing and Volvo are both shutting down their factories near Charleston, South Carolina to give employees a chance to evacuate. Boeing South Carolina assembles the Boeing 787 Dreamliner while Volvo’s plant will produce the company’s next-generation S60 sedan. …read more […]
Trading Ideas
Why This Chip Giant Lost Some of Apple's Business
Here’s how it’ll win it back. …read more […]
Business News
German ministry seeks data on quicker fighter jet deliveries
The German military has asked potential bidders in a high-stakes competition to replace its aging Tornado fighter jets about accelerating deliveries of new warplanes before an initial target date of 2025, sources familiar with the matter said.
Business News
Tech, energy stocks lift Wall Street
U.S. stocks powered higher on Tuesday, shaking off a subdued start, as Apple led a jump in technology stocks and a rise in oil prices lifted energy companies.
Business News
U.S. to probe India’s Mahindra over Fiat Chrysler Jeep complaint
A U.S. regulator said on Tuesday it would launch an investigation into an off-road utility vehicle produced by Mahindra and Mahindra Ltd following a complaint by Fiat Chrysler Automobiles NV that it infringed upon the intellectual property rights of its Jeep design.
Business News
Canada’s Freeland returns to Washington for NAFTA talks
Canadian Foreign Minister Chrystia Freeland returned to Washington on Tuesday for talks aimed at rescuing the North American Free Trade Agreement as time was running short before an Oct. 1 deadline.
Business News
Boeing 737 deliveries rebound in August to 48, from July low
Boeing Co said on Tuesday it delivered 48 of its best-selling 737 single-aisle aircraft in August, bouncing back from the 29 it delivered in July, the fewest in years.
Business News
Wall Street rises as tech, energy gains dull trade war jitters
U.S. stocks rose on Tuesday, boosted by energy companies and technology stocks, including Apple, although there were lingering concerns about the U.S. trade war with China.
Trading Ideas
Tesla to drop some colour options for cars to simplify production
Tesla currently offers seven colours for its vehicles that include top variant Model S, mid level Model X and its most affordable sedan Model 3. The company is trying to iron out production bumps after struggling to produce Model 3 sedans and failing to meet several production deadlines. “Moving 2 of 7 Tesla colours off menu on Wednesday to simplify manufacturing. …read more […]
Business News
Cadbury owner Mondelez builds Brexit chocolate stash
Cadbury owner Mondelez International is stockpiling ingredients, chocolates and biscuits in Britain to avoid interruptions to business in the event of a hard Brexit.
Business News
German consumer body to present class action against VW
Germany’s consumer protection association and auto club ADAC will on Wednesday present a class action against Volkswagen over the carmaker’s manipulation of emissions software.
Business News
Tesla to drop some color options for cars to simplify production
Tesla Inc will eliminate some color options for its electric cars to streamline production, Chief Executive Officer Elon Musk tweeted on Tuesday, as the company intensifies its efforts to ramp up production.
Trading Ideas
Apple to Unveil Three New IPhone Models
Sep.11 — Apple is expected to announce three new iPhone models at their September 12 event in Cupertino, California. Bloomberg’s Mark Gurman reports. …read more […]