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stocks

Amid stock-market ups and downs, wise investors avoid ‘emotional circles’: Endowus CEO

by Anas Siddiqui
Amid stock-market ups and downs, wise investors avoid ‘emotional circles’: Endowus CEO

Investors must learn not to panic and to invest based on evidence and a long-term outlook rather than on “emotional whims”, according to the head of digital wealth manager Endowus. …

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China’s stock market turnover sinks to 4-year low as investors fret over stimulus

by Anas Siddiqui
China’s stock market turnover sinks to 4-year low as investors fret over stimulus

The daily turnover on China’s onshore markets has slumped to the lowest in four years, indicating investors are awaiting clearer signals on the policy front to support the economy, before …

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Motown switches to festive gear with new models

by Horatio Thompson
Motown switches to festive gear with new models

Sluggish sales and high dealer inventory have not stopped carmakers from gearing up for a major product offensive in the upcoming festival season. As many as 20 new passenger vehicle …

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Justice Department considering push for historic break up of Google after landmark antitrust ruling: report

by Edgar Davis
Justice Department considering push for historic break up of Google after landmark antitrust ruling: report

The Justice Department is reportedly considering a push for a historic breakup of Google’s business empire after a federal judge ruled the Big Tech giant has an illegal monopoly over …

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CrowdStrike sends $10 Uber Eats gift cards as apology for global IT meltdown: report

by Edgar Davis
CrowdStrike sends  Uber Eats gift cards as apology for global IT meltdown: report

CrowdStrike sent $10 Uber Eats gift cards to thank its beleaguered contractors who are helping to manage the fallout of a disastrous software update that caused a global tech meltdown last …

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Nvidia Makes Up Half of Mark Stevens’ $8.8 Billion Net Worth

by Edgar Davis
Nvidia Makes Up Half of Mark Stevens’ .8 Billion Net Worth

What if you invested in Nvidia 30 years ago, before it went public, and held on? Venture capitalist Mark Stevens is currently one of Nvidia’s top individual shareholders, second only …

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GameStop shares tank after CEO says store network will shrink despite huge cash pile

by Edgar Davis
GameStop shares tank after CEO says store network will shrink despite huge cash pile

Shares of GameStop tumbled on Monday after CEO Ryan Cohen told investors that the videogame retailer plans to operate a smaller network of stores and gave no details on what it …

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Apple dethrones Microsoft as world’s most valuable company

by Edgar Davis
Apple dethrones Microsoft as world’s most valuable company

Apple briefly dethroned Microsoft as the world’s most valuable company on Wednesday, as the iPhone maker pushed ahead in a race to dominate artificial intelligence technology. Its shares jumped more 4% to …

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Tesla shares surge as Elon Musk says shareholders set to approve $56B pay package

by Edgar Davis
Tesla shares surge as Elon Musk says shareholders set to approve B pay package

Tesla shareholders gave a big thumbs-up to CEO Elon Musk’s controversial $56 billion pay package, the company said on Thursday – paving the way for the mogul to keep his …

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Dampened spirits: Kweichow Moutai’s luxury liquor prices hit by falling consumer spending

by Anas Siddiqui
Dampened spirits: Kweichow Moutai’s luxury liquor prices hit by falling consumer spending

Prices of China’s most famous liquor, Mao-tai, are falling, as weakening consumer spending spills over to high-end discretionary goods. The average wholesale price of Flying Fairy, the flagship product of …

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