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Benzinga's Bulls And Bears Of The Week: AT&T, Apple, Tesla And More

October 10, 2020 admin Comments Off on Benzinga's Bulls And Bears Of The Week: AT&T, Apple, Tesla And More

* Benzinga has examined the prospects for many investor favorite stocks over the past week. * The FAANG stocks were represented in both the bullish and bearish calls seen this past week. * Other bullish calls were for some stocks found in struggling industries and sectors. The big three U.S. equity indexes ended last week solidly higher, led by the more than 4% gain in the Nasdaq. This came despite continuing volatility, due in part to presidential tweets in the wake of his treatment for COVID-19. The week also saw the vice presidential debate, as well …read more […]

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4 Tech Stocks Antipodes Partners Bought in Q2 (1 Gained 62% in Q3)

October 10, 2020 admin Comments Off on 4 Tech Stocks Antipodes Partners Bought in Q2 (1 Gained 62% in Q3)

Jacob Mitchell’s Antipodes Partners is an Australia-based hedge fund founded in 2015 which now has offices in both Sydney and London. The investment company, which is listed on the Australian stock market under the ticker APL, manages over $8 billion in assets, including over $20 million of its own money. Antipodes uses a pragmatic value […] …read more […]

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China's central bank to cut FX risk reserve ratio to zero

October 10, 2020 admin Comments Off on China's central bank to cut FX risk reserve ratio to zero

China’s central bank said it will lower the reserve requirement ratio for financial institutions when conducting some foreign exchange forwards trading to zero with effect from Monday. Under current rules, financial institutions must set aside 20% of the previous month’s yuan forwards settlement amount as foreign exchange risk reserves. “The People’s Bank of China (PBOC) will continue to maintain flexibility in the exchange rate, stabilize market expectations, and keep the yuan basically stable at reasonable and balanced levels,” the central bank said on its website. …read more […]

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iHuman IPO: Chinese Edutainment Company Debuts on NYSE

October 10, 2020 admin Comments Off on iHuman IPO: Chinese Edutainment Company Debuts on NYSE

The iHuman IPO came to U.S. investors despite tensions between Washington and Beijing. As countries continue to feel the effect of the coronavirus, iHuman’s edutainment products are part of a growing market.
But is iHuman stock a good investment? Here’s what we know…
iHuman IPO: The Business

Michael Yufeng Chi founded iHuman. It’s a Chinese edutainment company. Edutainment is entertainment, such as video games, movies or shows, that are designed to be educational. The goal is to make learning more fun and enjoyable for children both inside and outside of the classroom. It’s claimed Walt Disney was the first to use the term …read more […]

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Trump’s Hurdles to Stimulus Climb After Abrupt Tactical Shift

October 10, 2020 admin Comments Off on Trump’s Hurdles to Stimulus Climb After Abrupt Tactical Shift

(Bloomberg) — President Donald Trump scrapped fiscal stimulus talks this week after failing to swing Senate Republicans behind a package Democrats could support. With negotiations back on, the obstacles are just as daunting.Treasury Secretary Steven Mnuchin heads into weekend negotiations with House Speaker Nancy Pelosi with the top-line number for relief fast approaching the $2 trillion level that many Senate Republicans say they cannot accept.Mnuchin has already alienated some in his party by moving toward policies in the House Democrats’ $2.2 trillion proposal that they oppose. His counteroffer contains language allowing taxpayer-funded abortions through Obamacare and stimulus checks to undocumented …read more […]