India Election: Stocks Crash as Expectations of Landslide Win for Modi Fade
Franklin FTSE India ETF Declares Semi-annual Distribution of $0.2504
U.S. to Help India Speed up Energy Transition, Says Janet Yellen
Franklin FTSE India ETF (NYSEARCA:FLIN) Shares Down 0.2%
Franklin FTSE India ETF (NYSEARCA:FLIN – Get Rating)'s stock price fell 0.2% during trading on Tuesday . The company traded as low as $28.04 and last traded at $28.08. 38,885 shares traded hands durin
Franklin FTSE India ETF (NYSEARCA:FLIN) Shares Bought by OLD Mission Capital LLC
OLD Mission Capital LLC lifted its holdings in Franklin FTSE India ETF (NYSEARCA:FLIN – Get Rating) by 33.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and E
Franklin FTSE India ETF (NYSEARCA:FLIN) Shares Bought by Kovitz Investment Group Partners LLC
Kovitz Investment Group Partners LLC lifted its position in Franklin FTSE India ETF (NYSEARCA:FLIN – Get Rating) by 1.7% in the 1st quarter, according to the company in its most recent filing with t
According to the news, Rivian plans to go public in the fourth quarter and raise up to 8 billion US dollars
According to people familiar with the matter, Amazon-backed electric vehicle startup Rivian is preparing to go public in the fourth quarter and hopes to raise up to $8 billion through this IPO. Rivian secretly submitted an IPO application last month. If its financing scale reaches 8 billion US dollars, it will be the fourth largest US IPO in 10 years. Since 2019, Rivian has raised $10 billion, making it one of the most funded startups in the US. The company's IPO will enable it to expand its business, adding additional production capacity beyond its plant in Normal, Illinois
Tesla reaches Nickel supply Agreement with BHP Billiton
BHP Billiton, the world's largest mining company, announced on Thursday that it had reached a nickel supply agreement with US electric carmaker Tesla. Under the agreement, Western Nickel, a subsidiary of BHP Billiton in Western Australia, will supply Tesla with the metal. BHP Billiton did not provide further details, saying only that the two companies would work together to make the battery supply chain more sustainable. Tesla CEO Musk has repeatedly expressed concern about the future supply of nickel. As more and more of the world turns to electric cars, demand for nickel is bound to soar, and Mr Musk has asked miners to produce more nickel.
Auto House closed at the lowest level in nearly four years. Morgan Stanley halved the target price of the stock to $50.
HM > Auto House closed down 7.3% at $52.99, after falling more than 9% in intraday trading after Morgan Stanley cut the price of the stock and expects it to be weak in the second quarter of 2021. Morgan Stanley analyst Eddy Wang downgraded Auto House from high-end to flat, with a target price cut to $50 from $106a. "We expect Auto House's core business revenue to grow by a low single-digit percentage, mainly due to increased competition from major competitors such as understanding car Emperor and change car," the report said. It will increase its non-GAAP net gross margin in the second quarter of 2021.
Kraft Heinz plans to invest nearly $200 million in UK factories to expand production capacity
Food giant Kraft Heinz Group said on Tuesday that it plans to invest £140 million (US$199 million) in one of its food production plants in north-west England over the next four years to expand production capacity. This will be the company's biggest expansion of existing production sites outside the US in more than 20 years, and one of the biggest manufacturing investments the UK has received since Brexit. The investment is aimed at increasing the plant's production of Heinz ketchup, mayonnaise and salad cream. The company said the funding will also be used to purchase equipment and technology and create up to 50 new full-time jobs. The plant will also continue to produce Heinz
Musk: Tesla raised the price because of the pressure from the supply chain.
Tesla CEO Elon-Musk posted on Monday that the price of Tesla cars is rising due to supply chain pressure in the entire auto industry, especially in terms of raw materials. "the price increase is due to price pressures in the main supply chains throughout the industry, especially raw materials," Musk said. " He made the remarks in response to a netizen's post, who wrote: "I really don't like Tesla's current development direction. I have raised the price of the car, but removed the waist support adjustment function of Model Y." Tesla upgraded the American Model 3 and Model Y models in May.
Renesas Electronic Fire Factory will fully resume production in mid-June
Japan's Renesa Electronics said on Tuesday that it expected the chip factory that caught fire in March to resume full capacity around mid-June after installing the final replacement equipment. Production at the Naka chip plant in Ibaraki prefecture, japan, had returned to about 88 per cent of its pre-fire level by the end of may, the company said. Renesas Electronics controls nearly 1/3 of the global market share of automotive microcontroller chips, and the fire has had a significant impact on global automotive production.
Tesla, Inc. rose more than 4%, and the stock price returned to above $700.
Tesla, Inc. rose more than 4%, and the stock price returned above $700. New Street Research said that the pullback did not change the optimistic outlook and raised Tesla, Inc. 's target price. Pierre Ferragu, an analyst at New Street Research, upgraded Tesla, Inc. to "buy" from "neutral" and raised his target price to $900 from $578. Ferragu believes that although the recent pullback corrected the excessive optimism reflected in Tesla, Inc. 's valuation, after further study of Tesla, Inc., New Street Researc
Two major factors pushed Japanese stocks to outperform American stocks, and institutions think Japanese stocks can still rise?
Original title: two major factors promote Japanese stocks to outperform American stocks, and institutions think that Japanese stocks can still rise? Japanese companies began releasing clinical trial data on November 6 last year, sparking market expectations that their COVID-19 vaccine could be approved soon. Global stock markets have soared, but in local currency terms, the Morgan Stanley Capital International Japan index (MSCI Japan index) has risen 15 per cent since then, compared with slightly less than 10 per cent over the same period. The news of the vaccine changed the rules of the game. Several projects have been approved to allow the economy to reopen. Consumer demand is strong, in part because people are gradually recovering
GameStop plans to give up brick-and-mortar stores to transform to e-commerce shares soar 50%
GameStop shares are reported to have risen 50 per cent in intraday trading today. The company announced earlier that it had hired Ryan Cohen, co-founder of Chewy, a pet products ecommerce platform, to lead its transition to e-commerce. Mr Cohen will chair a special committee set up by GameStop's board to help transform GameStop. In addition, board members Alan Attar (former chief operating officer of Alan Attal,Chewy), and Kurt Wolf (
It is reported that the Chinese e-commerce platform is planning to go to IPO in the United States this year.
Duodianxian (Beijing) Electronic Commerce Co., Ltd., an online retail service provider invested by Wumart Group, plans to launch an initial public offering (IPO) in the United States, according to people familiar with the matter. People familiar with the matter, who spoke on condition of anonymity because the information was not made public, said that more freshness was being discussed with consultants, with the goal of listing as soon as the second half of this year. The company could raise about $500m, according to one of the people familiar with the matter. In addition, Wumart is considering the possibility of listing in Hong Kong, according to people familiar with the matter. The plans are at an early stage and details such as scale and timing are likely to change, according to people familiar with the matter. The multi-point fresh representative did not immediately reply and send it to the company's website.
Citigroup: there is a good chance of a 10% correction in the US stock market.
Tobias Levkovich, chief US equity strategist at Citigroup Inc, said a 10 per cent correction in the US stock market seemed "very likely" as the market struck a balance between risk and return. "our current caution reflects several factors, including high confidence readings, excessive valuations and declining performance correction momentum," Levkovich wrote on Tuesday. "given the limited upside relative to other people's bullish targets, neutrality is realistic." Citigroup Inc's target for the S & P 500 by the end of the year is 3800, and the strategy team expects the wave of the index.
摩根大通:过剩流动性不太可能消失 建议逢低购买股票
摩根大通表示,无论金融市场是否存在泡沫,哪怕流动性达到顶峰,流动性的过剩也不太可能消失,建议将市场疲软的时机作为买入的机会。 Mislav Matejka和Prabhav Bhadani等策略师表示,只要经济处在上行周期,且过剩流动性没有真正开始撤离,股市就有可能会继续受到支撑。 他们表示,中央银行可能会让金融市场火热,直到经济开始强劲增长,缩减刺激措施的行动可能从第四季度或之后启动。
The vaccine news cheered investors up! What kind of sector is the best choice to invest in US stocks in 2021?
Original title: vaccine news cheered investors up! What kind of sector is the best choice to invest in US stocks in 2021? On Tuesday, November 10th, market analyst Elliot Smith wrote that Pfizer Inc's good news about the release of the vaccine has made investors more optimistic about financial markets in 2021. Barclays believes that because of Biden's victory and the good news about the vaccine, the two major tail risks facing the market have been greatly reduced, which bodes well for reflation trading. UBS advises investors to focus on cyclical sectors in the future, avoiding big technology and those that benefit from home isolation. Pfizer Inc releases the vaccine is good.
美媒述评:中国有望成世界电动汽车工厂
参考消息网10月25日报道美媒称,中国也许是世界工厂,但从来都不是汽车出口大国。现在中国希望利用电动汽车改变这种状况。 据美国《华尔街日报》网站10月23日报道,进展令人满意:特斯拉公司本周宣布,将开始向欧洲一些国家出口在中国制造的Model 3汽车;宝马公司在全球范围销售的iX3电动运动型多用途车将由宝马与中国合作伙伴的合资企业华晨宝马生产。 报道称,中国是全世界最大的汽车市场,2019年的汽车