India has been a standout market this year in the Asia-Pacific region, while Hong Kong is the worst performer among the region’s major equity markets.
Schlagwort-Archiv: Financial
Warren Buffett’s Berkshire Hathaway continues to sell HP shares, reducing stake to 5.2%
Berkshire still owns 51.5 million shares of HP. The position is worth about $1.6 billion based on Monday’s close of $30.37.
Regulators caught Wells Fargo, other banks in probe over mortgage pricing discrimination
Wells Fargo, until recently the biggest player in U.S. mortgages, has repeatedly felt regulators‘ wrath over missteps involving home loans.
Oracle shares slide as revenue misses estimates
Demand for Oracle cloud services is growing fast, but analysts had expected more overall revenue in the most recent quarter.
Top Wall Street analysts are confident about these 3 promising stocks
TipRanks‘ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Salesforce and Microsoft.
SumUp, a rival to Jack Dorsey’s Block, defies fintech funding slump with $307 million cash injection
Payments startup SumUp, known for its tiny card readers, announced it has raised $306.6 million in a round valuing the company north of $8.6 billion.
China’s livestream shopping is booming, fueling new tech such as avatars and AI
Livestreaming is cementing itself as a growing sales channel in China, driving new tech products such as virtual human streamers and mobile data packages.
Macy’s receives $5.8 billion buyout offer, sources say
The offer values the retailer at $21 per share, according to the sources. Macy’s closed at just over $17 a share on Friday.
How activist Palliser Capital may build shareholder value at Korean industrial giant Samsung C&T
Palliser Capital has a history of working with management to bring change.
EU agrees to landmark AI rules as governments aim to regulate products like ChatGPT
EU institutions spent the week hashing out proposals to come up with an agreement on how to regulate tools like ChatGPT.