Newsfeeds Archive - Page 92 of 97

1 minute read

ARK’s Cathie Wood Dumps More Twitter Stock, Buys $20M in Fate Therapeutics Stock

August 12, 9:29 AM

Cathie Wood-led Ark Investment Management has bought 628,060 shares of clinical-stage biopharmaceutical company Fate Therapeutics Inc. (NASDAQ: FATE) through two of the firm’s exchange-traded funds (ETF) valued at over $20 million based on Thursday’s closing pri

ARKK

1 minute read

Why Alibaba-Backed Fintech Paytm Plunged 6% Today

By Bhavik Nair

August 12, 3:09 AM

Shares of Indian digital payments service provider Paytm, backed by SoftBank Group Corp (OTC: SFTBY) and Alibaba Group Holding Ltd.

BABA

1 minute read

Chinese EV Maker Nio Announces Support For Formula Student Germany

By Bhavik Nair

August 12, 1:30 AM

Chinese electric vehicle maker NIO Inc (NYSE: NIO) has launched its support for Formula Student Germany, a move that could be seen as part of the firm’s efforts in building its brand image in the country, reported

NIO

2 minute read

Alibaba Holds It Together, EV Stocks Shine As Wider Hang Seng Falls: Key Events Driving Hong Kong Stocks Today

By Bhavik Nair

August 11, 10:20 PM

Hong Kong’s benchmark index Hang Seng today opened in the red, losing 0.23% in Friday morning trade as investors took cues from a mixed session on Wall Street the day before. U.S. indices ended mixed earlier on Thursday despite a fall in the producers’ prices.

BABA

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India’s Adani — Leaving Musk, Bezos In Dust When It Comes To 2022 Wealth Gain — Now Plans To Establish New Alumina Refinery With $5.2B Investment

By Bhavik Nair

August 11, 5:01 AM

Adani Enterprises Ltd, the flagship company of the Adani Group — plans to invest $5.2 billion to set up an alumina refinery in the eastern Indian state of Odisha, reported Bloomberg.

AMZN

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Warren Buffett-Backed BYD Begins Deliveries of Blade Batteries To Tesla’s Giga Berlin: Report

By Bhavik Nair

August 11, 1:29 AM

Deliveries of Warren Buffett-backed BYD’s (OTC: BYDDF) blade batteries to Tesla Inc’s (NASDAQ: TSLA) Berlin factory have alr

BYDDF

2 minute read

Alibaba Rises Nearly 3%, EV Stocks Strike Major Gains As Hang Seng Opens On High Note Over Strong Wall Street Cues

By Bhavik Nair

August 10, 10:14 PM

Hong Kong’s Hang Seng Index rose over 1.3% in Thursday morning trade in line with positive cues from Wall Street the day before after July consumer inflation in the U.S. came in at 8.5%, below the expected figure of 8.7%, calming fears about aggressive rate hikes by the Fed.

BABA

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Investors Pull Record Amount Of Funds From Commodity ETPs Asset In July As They Look Past Russia-Ukraine War

By Bhavik Nair

August 10, 10:42 AM

Investors pulled a record $11.2 billion globally from commodity exchange-traded products (ETP) in July, marking a third consecutive month of outflows, the Financial Times reported citing data from BlackRock Inc (NYSE: BLK).

BLK

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Cathie Wood Adds $4.5M Worth Of Teladoc Shares, Cuts Stake Further In This Healthcare Stock

By Bhavik Nair

August 10, 6:10 AM

Cathie Wood-led Ark Investment Management bought 129,800 shares of healthcare company Teladoc Health Inc (NYSE: TDOC), valued at over $4.5 million, based on Tuesday’s closing price, via four of its exchange-traded funds (ETFs).

ARKK

2 minute read

Nio, XPeng Fall Over 4%, Alibaba Edges Down: Hang Seng Slips As Investors Brace For China, US Inflation Data

By Bhavik Nair

August 9, 10:29 PM

Hong Kong shares opened in the red on Wednesday, with the benchmark Hang Seng Index losing 0.83% in opening trade as investors turned their eyes toward inflation data from China and the U.S.

BABA