NewswireJul 31
Tesla is considering spinning off its China business to pave the way for a potential merger with SpaceX, The Wall Street Journal reported. A Reuters reporter asked Chinese Foreign Ministry spokesperson Mao Ning on July 31 for Beijing’s response to the report d…
NewswireJul 31
Julian McManus, a fund manager at Janus Henderson Investors, said in an interview that after years of heavy exposure to U.S. stocks, investors are now more willing to allocate to equities overseas. The concentration of holdings in the so-called “Magnificent Se…
NewswireJul 31
Sony Group reported fiscal first-quarter results Friday for the three months ended in June, saying strong performances in its gaming and image-sensor businesses helped drive a 40% year-over-year increase in operating profit, well above analysts’ previous expec…
NewswireJul 31
HSBC Holdings said Friday that it has signed an agreement with Blackstone under which the U.S. investment firm will acquire HSBC’s Australian housing and personal loan portfolio of A$36 billion, or approximately US$25 billion. HSBC said it will close its remai…
NewswireJul 31
Bloom Energy shares rose more than 10% in U.S. premarket trading on July 31, according to CLS.
NewswireJul 31
FIFA said it remains “committed” to establishing a separate commercial entity and selling a stake to outside investors, while signaling that it may adjust the proposal in response to strong opposition from soccer organizations around the world. The global socc…
NewswireJul 31
South Korea’s chip giants SK Hynix and Samsung Electronics each gained more than 20% on Friday, lifted by a sharp rally in U.S. technology stocks. The iShares Semiconductor ETF (SOXX) had jumped more than 8% overnight in U.S. trading. Strong earnings reports r…
NewswireJul 31
SpaceX is set to release its first financial report since its initial public offering. Morgan Stanley warns that the most dangerous moment is approaching.
NewswireJul 31
Storage stocks continued to rise in U.S. premarket trading on July 31, according to CLS. SK hynix gained more than 6.5%, Micron Technology rose 3.35%, SanDisk and Western Digital each advanced more than 4.2%, and Seagate Technology climbed 2.6%.