(Bloomberg) Goldman Sachs economists expect the US to grow by 1.75% this year on a fourth quarter-to-fourth quarter basis, from previous 2.0%. The lowered growth forecasts reflect the hit caused…
EU and UK regulators have started an investigation on Google and Meta’s 2018 ad deal dubbed “Jedi Blue.” The regulators are exploring whether the “Jedi Blue'' deal between the two…
(Markets Insider) Bank of America analysts say that historically, dips in equities caused by geopolitical tensions are buying opportunities, as stocks bounce back quickly. The analysts say the geopolitical shocks…
(Rivian) Shares of electric maker Rivian fell up to 13% on Friday after it booked sales of $54 million in the fourth quarter of 2021, missing estimates of $60 million.…
(CNBC) Alibaba stock shed more than 5% on Friday, as most dual-listed Hong Kong shares traded down on fresh fears of delisting from the US exchanges. EV Maker Nio fell…
(ONS) UK gross domestic product improved by 0.8% in January, erasing a decline of 2% in December, to remain 0.8% above the levels in February 2020. All of the sectors…
(Bloomberg) Mohamed El-Erian, the chief economic adviser at Allianz, has warned investors against rushing to “buy the dip” in the stock market while Russian aggression in Ukraine continues. El-Erian says…
(WSJ) Shares of Nio Inc. fell by more than 3% on Thursday as the electric vehicle maker started trading in Hong Kong after a conclusion of listing by introduction. Listing…
(JD.com) Chinese e-commerce giant JD.com announced net revenues of RMB275.9 billion or US$43.3 billion in the fourth quarter of 2021, an increase of 23% from the prior year. In FY21,…
(CNBC) Shares of Amazon rose more than 6% on Thursday after announcing a stock split that will give investors 20 shares for each unit they currently own. Amazon stock was…
(ZIM) Shares of ZIM Integrated Shipping Services rose more than 7% on Wednesday after posting a net income of $1.71 billion in Q4 2021 from $366 million in the prior…
(Niu) Niu Technologies reported revenue of RMB986.1 million in the fourth quarter of 2021, an increase of 46.7% from the prior year. For FY21, Niu’s revenues were RMB3.705 billion, an…