China’s two largest games live streaming companies Huya and DouYu, both of which have U.S. share listings, are to merge. The deal was initiated by social media, games and streaming giant Tencent. According to terms published on Monday, the shareholders of the two companies will come out roughly equal, and Huya will make an all […] …read more […]
Yahoo Finance’s Alexis Christoforous and Brian Sozzi how the U.S. stimulus deal will impact the price of precious metals with Grant Bear Resources Director and President of Minera Alamos, Doug Ramshaw. …read more […]
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Antibodies to the rescue? According to a top U.S. health official, the U.S. government expects to provide 1 million doses of antibody treatments for COVID-19 similar to the one President Trump received at no cost.Currently, the administration’s Operation Warp Speed program has “a couple of hundred thousand doses” of the antibody treatments being developed by Regeneron and Eli Lilly. The therapies differ in that Regeneron’s is a cocktail or combination of two monoclonal antibodies, while Eli Lilly’s approach uses a single antibody.The President received Regeneron’s treatment under “compassionate use”, or when the FDA allows access to experimental drugs outside of …read more […]
The internet giant’s fifth annual sales bonanza could be huge in terms of sales and new Prime users. …read more […]
(Bloomberg) — Huya Inc. has agreed to buy DouYu International Holdings Ltd. in an all-share deal that will create a Chinese game-streaming giant with a market value of more than $11 billion.Investors have been offered 0.73 American depositary shares of Huya for each ADS of DouYu, the companies said in a statement on Monday. That values DouYu’s ADSs at about $18.83 apiece as of Friday’s closing price, a 35% premium, and values the company’s equity at about $5.98 billion.Tencent Holdings Ltd., which currently owns stakes in both companies, will hold about 68% of the merged business’s voting shares, giving the …read more […]
Wall Street readies investors for the next major stock market catalyst: a COVID-19 vaccine. …read more […]
The big shareholder groups in Intel Corporation (NASDAQ:INTC) have power over the company. Large companies usually… …read more […]
We feel now is a pretty good time to analyse Inseego Corp.’s (NASDAQ:INSG) business as it appears the company may be… …read more […]
Contracts on the three major indices traded higher Monday morning, as investors looked ahead to a round of quarterly corporate earnings results that are expected to have improved relative to previous quarters this year. Stimulus talks in Washington also remained in focus. …read more […]
The International Energy Agency (IEA) has nudged up its global gas demand forecast for this year, but still sees the biggest fall on record due to the impact of the COVID-19 pandemic. The Paris-based agency said on Monday it now expected gas demand to drop by 3% year-on-year, or 120 billion cubic metres (bcm), to 3,886 bcm. “Global gas demand has been progressively recovering since June, driven mainly by emerging markets,” IEA director Fatih Birol said in a statement, after the agency published its “Global Gas Security Review 2020”. …read more […]
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