Month: February 2020

Alibaba primarily generates revenue by selling advertising and promotional services to third-party merchants that list products on its e-commerce sites, Taobao and Tmall. The company said it was supporting the fight against the coronavirus outbreak in China by ensuring supply of daily necessities and introducing relief measures for its merchants. Alibaba affiliate Ant Financial’s MYBank unit has said it would offer 20 billion yuan ($2.86 billion) in loans to companies in China in the wake of the outbreak. …read more […]

(Bloomberg) — Airbus SE pledged to churn out more aircraft than ever and consolidated its ownership of the A220 jetliner, pressing home its advantage over Boeing Co. and its grounded 737 Max in the growing narrow-body market.The European planemaker said Thursday that it expects to hand over about 880 jets in 2020, building on record output last year. Deliveries of the A320-family workhorse, a direct competitor to the Max, will rise to as many as 67 a month by 2023, while the smaller A220 will also see volumes accelerate.Together, the moves are meant to draw a line under a tumultuous …read more […]

The Internal Revenue Service (IRS), the tax collection agency of the U.S. government, has removed ether (ETH) and two popular gaming tokens – Fortnite’s V-bucks and Roblox’s Robux – as examples of convertible virtual currencies.The post IRS removes ether and two popular gaming tokens as examples of convertible virtual currencies appeared first on The Block. …read more […]

It’s only natural that many investors, especially those who are new to the game, prefer to buy shares in ‘sexy’ stocks… …read more […]

Over the last month the Aethlon Medical, Inc. (NASDAQ:AEMD) has been much stronger than before, rebounding by 34%. But… …read more […]

It looks like Marathon Petroleum Corporation (NYSE:MPC) is about to go ex-dividend in the next 4 days. If you purchase… …read more […]

The San Jose, California-based company is a major supplier to high-end smart phone makers such as Apple Inc, with whom it has signed deals to supply as much as $15 billion worth of chips. Vijay Nagarajan, vice president of Broadcom’s mobile connectivity division, said the technology is meant to prevent choppy calls and music listening when walking into crowded areas like subway platforms, where Bluetooth signals from other people’s devices can cause interference and dropouts. “We’re making your wireless link from your phone to the headset more resilient,” Nagarajan told Reuters. …read more […]