Source: Sina Finance Shares of U.S. electric vehicle startup Lordstown Motors (RIDE.US) surged more than 30% in after-hours trading on Wednesday after the company announced it had completed converting a former General Motors (GM.US) factory in Ohio. The sale to Foxconn brought much-needed funding. The $230 million deal was announced in November last year, but […]
Source: Securities Times The Internet, which had been significantly adjusted in the previous period, rebounded for two consecutive trading days. It is worth noting that in the first quarter of this year, public funds have significantly increased their holdings of leading companies in the sector. Many star fund managers have repeatedly stated publicly that there
Source: Zhongjin Dotting The agency believes that the inflation data this time mainly depends on the month-on-month growth rate, but it backfired and the final reading was 0.6%, which was the highest month-on-month growth rate in the past three months. It is predicted that the Fed may still raise interest rates by 50 basis points
Source: Zhitong Finance $Rivian Automotive (RIVN.US)$ reported first-quarter 2022 results after the U.S. stock market closed on Wednesday. Among them, Rivian said the company accelerated production and sales in the first quarter, putting it on track to complete its production target of 25,000 electric vehicles this year, although current supply chain issues have hampered production
On Wednesday, the US stock market turnover champion Tesla closed down 8.25%, with a turnover of 24.79 billion US dollars; Apple, the second in turnover, closed down 5.18%, and its stock price hit a new low since October last year, with a turnover of 21.3 billion US dollars; the fourth place AMD closed down 0.91
Turnover TOP20: Apple gives up the world’s first title in market value Read More »
Source: Wall Street News Source: Liu Qian On Wednesday, Hirokazu Umeda, chief financial officer of Panasonic (ADR) (PCRFY.US) , revealed in a statement that Tesla (TSLA.US) is asking Panasonic Holdings to accelerate the development of the 4680 battery. Tesla’s demand for 2170 batteries also remains strong, according to Umeda. While Umeda did not provide details
Source: Wall Street News The Nasdaq fell more than 3%, hitting a one-and-a-half-year low in four of the five days, the Dow fell five days in a row, and the S&P hit a 14-month low, Tesla fell more than 8%, and its sector fell more than 3%, leading the decline in the S&P. Netflix fell
Source: Wall Street News In Wednesday’s session, Saudi Aramco’s shares hit an all-time high with a market value of about $2.43 trillion, surpassing Apple’s for the first time since 2020; Apple fell 4.4% to $147.53, with a market value of $2.38 trillion . While the change of ownership of the world’s largest company by market
“We don’t do research on macro trends.” “Not only that, but we haven’t been able to make much profit recently from one of the biggest commodity booms in history.” Buffett and Munger, two old partners, once said at the 2006 shareholder meeting. After 16 years, this time Buffett and Munger seem to “stand with the
Source: 36Kr Author: Future Habitat On May 11, the Chinese residential industry digital service platform $shell-W(02423.HK)$ was officially listed on the Hong Kong Stock Exchange with the stock code “2423”, becoming the first company to return to Hong Kong in the form of “dual main listing + introduction listing” of China concept stocks. On the
Source: Ai Faner Author: Du Yuanjuan The iPod is no longer the pocket listening artifact that everyone yearns for. Under the halo of the iPhone and iPad, it is more like a cheap Apple content ecological distribution platform, gradually declining, and it is logical to stop. After the 21st anniversary of the birth of the
We don’t need iPods anymore Read More »
The current consensus in the market is that the U.S. CPI in April increased by 0.2% month-on-month, up 8.1% year-on-year, down 0.4 percentage points from March; core CPI increased by 0.4% month-on-month, up 6% year-on-year, down 0.5% compared with March percent. The US April inflation data released at 8:30 tonight will be the focus of
Hold your breath! All markets are eyeing tonight’s U.S. inflation data Read More »
On Wednesday, May 11, Southbound funds bought a net HK$6.291 billion today, a net purchase for 3 consecutive days. Meituan-W, Tencent Holdings and BYD shares received net purchases of HK$1.846 billion, HK$1.165 billion and HK$461 million respectively. Sunny Optical Technology, China Mobile, and Xiaomi Group-W were sold by net sales of HK$87 million, HK$18 million,