Newsfeeds Archive - Page 86 of 97

2 minute read

Alibaba, Nio Rise Over 1% As Hong Kong Tech Stocks Cheer Wall Street Rebound: Cautious Investors Eye Key Fed Event

September 7, 10:35 PM

Major U.S.-listed Chinese tech and electric-vehicle stocks rose in Hong Kong on Thursday, with Alibaba and Nio adding over 1%, tracking an upbeat overnight finish on Wall Street.

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1 minute read

Cathie Wood Adds $47M In This Automation Firm As Shares Dive 36% In A Month

By Bhavik Nair

September 7, 10:03 PM

Cathie Wood-led Ark Investment Management bought over 3.4 million shares of software company UiPath Inc (NYSE: PATH) valued at over $47 million based on Wednesday’s closing price.

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1 minute read

Cathie Wood Adds Another $4.2M In This Chipmaker As Stock Slides 24% In A Month

By Bhavik Nair

September 6, 10:47 PM

Cathie Wood-led Ark Investment Management bought over 31,000 shares of Nvidia Corporation (NASDAQ: NVDA), via two of the firm’s exchange-traded funds, valued at over $4.2 million based on Tuesday’s closing price.</

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2 minute read

Alibaba, Nio Fall Over 2% In Weak Hang Seng Opening: Why Investors Are Focused On Fed’s Beige Book, ECB Move

By Bhavik Nair

September 6, 10:40 PM

Hong Kong stocks opened lower on Wednesday, with the benchmark Hang Seng Index down 1.43%, as investors braced for the release of the U.S. Federal Reserve's Beige Book (a commentary on economic conditions) due later today and the European Central Bank's policy decision on Thursday.

BABA

2 minute read

Oil Loses Steam: With OPEC+ Supply Cut Baked In, All Eyes Now On ECB, Fed Rate Decisions

By Bhavik Nair

September 6, 9:07 PM

Oil prices fell in Asia trading on Wednesday, dragged by worries over potential rate hikes by the European Central Bank (ECB) and Federal Reserve this month, as well as extended COVID-led lockdowns in China.

BNO

1 minute read

Why Instagram Is Being Fined A Whopping $400M By Ireland

By Bhavik Nair

September 6, 2:52 AM

Ireland's data privacy regulator, the Data Protection Commission (DPC), has decided to levy a record fine of €405 million ($402 million) against Meta Platforms Inc (NASDAQ: META)-owned Instagram following an investigation into its han

Nio’s New ‘Anti-Shake’ AR Glasses Will Ensure A Smooth Movie Viewing Inside Moving Cars

By Bhavik Nair

September 5, 11:55 PM

Nio Inc (NYSE: NIO) has launched its augmented reality (AR) glasses, co-developed with AR device maker Nreal, now available for pre-order on the NIO App in China, the company said in a statement.

BABA

2 minute read

Hong Kong Stocks Shrug Off Chengdu Lockdown Extension: Is China’s Stimulus Roll-Out Plan Lifting Sentiment?

By Bhavik Nair

September 5, 10:28 PM

Hong Kong stocks opened in the green on Tuesday, with the benchmark Hang Seng Index gaining 0.08%, as investors kept their eyes peeled for the Reserve Bank of Australia’s policy decision and digested China's plan to accelerate stimulus rollout in the third quarter.

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2 minute read

Oil Maintains Gains After This OPEC+ Decision: Iranian Nuclear Deal Talks Setback Lends Support

By Bhavik Nair

September 5, 9:13 PM

Oil maintained gains from the previous session on Tuesday morning in Asia trading after the Organization of Petroleum Exporting Countries and allies including Russia (OPEC+) decided on a modest 100,000 barrel-a-day supply cut while adding that the group may do more in the fourth quarter if necessary.

BNO

1 minute read

Russia Poised To Resume Supply Of Gas To Europe Through Nordstream Pipeline: Report

By Bhavik Nair

September 2, 3:07 AM

Vladimir Putin-led Russia is likely to resume gas supplies via its Nord Stream pipeline to Europe with grid data indicating flows will resume at 20% of capacity on Saturday as planned, reported Bloomberg.

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