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IMAX fell more than 6% at the beginning of the session, and Goldman Sachs downgraded its rating to “sell”
At the beginning of the US stock market on June 2 (Wednesday), the IMAX (IMAX.US) stock price fell. As of 21:44 Beijing time, the stock fell 6.56% to 20.81 US dollars. Goldman Sachs analyst Michael NG downgraded iMax's rating from “neutral” to “sell,” and lowered the target price from $19.6 to $18.6, saying that strong box office recovery expectations were reflected in stock valuations.
Ideal Auto rose 2.6%, and Ideal ONE deliveries increased 101.3% year-on-year to 4,323 units in May
Ideal Auto (LI.O) rose 2.6%, and Ideal ONE deliveries increased 101.3% year-on-year to 4,323 units in May.
Nomura sharply raised its profit target for this fiscal year
Japan's largest brokerage firm Nomura Holdings raised its pre-tax profit target for the current fiscal year ending next March by 14% on Wednesday. It is expected that most of the increase will come from its wholesale business division. The company expects pre-tax profits from its retail, investment management, and wholesale divisions to rise to 320 billion yen (about 2.9 billion US dollars), far higher than the 280 billion yen forecast in May last year. Nomura's wholesale division lost $2.9 billion in the US hedge fund Archegos hold-up incident in March of this year. However, the company now expects the division's pre-tax profit to reach 150 billion yen this fiscal year, compared to 64.3 billion US dollars in the previous fiscal year
Egypt approves Suez Canal widening plan, popular searches will be widened by 40 meters
The topic of Egypt's approval of the Suez Canal expansion plan hit the Weibo Hot List and is currently ranked 28th. Egyptian President Sisi approved a waterway widening plan for the southern section of the Suez Canal submitted by the Suez Canal Authority on Tuesday. The plan is expected to be completed within two years. Sisi said at the ceremony that the freighter stranded accident in March this year highlighted the importance of widening the southern section of the Suez Canal. The plan mainly covers about 30 kilometers of waterway in the Suez Canal from Suez City to Great Bam Lake. It will be widened by 40 meters from the previous one, and the maximum depth will be deepened from about 20 meters to about 22 meters. When the plan is completed, it will enable the southern section of the Suez Canal
Hot Chinese stocks generally fell Bilibili Inc. and iQIYI, Inc. fell by more than 5%.
Sina science and technology news on the evening of February 22nd, hot Chinese stocks generally fell, Bilibili Inc., Baidu, Inc., iQIYI, Inc. fell more than 5%, Pinduoduo, Tencent ADR fell more than 3%, BABA fell more than 2%. Block chain stocks fell collectively, with Xunlei Ltd and The9 Ltd down 12%.
Biden withdrew his nomination for Fed governor Judy Shelton
U.S. president Joe Biden withdrew the nomination of former President Donald Trump's controversial candidate for Fed governor Judy Shelton on Thursday local time. Sheldon, an informal adviser to Trump's 2016 campaign, has been criticized and questioned for her non-mainstream policy views, including support for the gold standard. There are also fears that she could become a pawn for Trump's political influence on Fed policy. Sheldon, a long-time critic of the Fed, is a close ally of Donald Cudlow, Trump's economic adviser. She is seen as too partisan to endanger the Fed's independence.
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