stocks

Tech 04/04/22, 14:47

Elon Musk, has just acquired a nearly 10% stake in Twitter, worth $3 billion, shortly after questioning the social network's handling of free speech. On Monday, April 4, it became known that Tesla's CEO, a fervent generator of controversial tweets, acquired 9.2% of Twitter, thus becoming the largest shareholder of the ...

U.S. 04/01/22, 08:57

Wall Street closed its worst quarter in two years, as concerns persist over the Russia-Ukraine conflict that has led to rising fuel prices and intensified inflation. U.S. stocks plunged on Thursday, despite posting a 3.6% gain in March, leading to the worst quarterly performance since the first quarter of 2020, when ...

China 12/29/21, 10:11

Didi Chuxing shares plunged early this week following a report that says the Chinese ride-hailing giant barred employees from selling the company’s stocks.  Nikkei Asia stated that people familiar with the matter reported that Monday (Dec. 27) marked the end of the 180-day lock-up period in which Didi did not allow its ...

China 12/07/21, 15:22

More than a dozen major real estate firms in China have seen their stocks nosedive, according to a report. There are more than 30 real estate companies worth over $30 billion in China. 17 of them have had their stocks drop more than 50%, compared to the peak in 2018. Throughout this ...

China 12/05/21, 22:57

Ride-hailing giant Didi Global saw a significant drop in stocks after it announced moving away from the New York Stock Exchange Friday, Dec. 3. The company's stock dropped 22.17%, resulting in a market value loss of $8.4 billion. Reuters noted that Didi shares have dropped around 57% since their June 30 ...

Business 11/26/18, 01:40

Asian shares were mostly higher Monday on hopes that President Donald Trump and his Chinese counterpart Xi Jinping will unwind a blistering trade dispute at a meeting this week. KEEPING SCORE: Japan's benchmark Nikkei 225, reopening after a holiday, added 0.8 percent to 21,812.00. South Korea's Kospi jumped 1.1 percent to ...

Tech 11/23/18, 16:12

For the second time this year, stocks have gone into what's known on Wall Street as a correction — a drop of 10 percent or more from a recent high. As of Friday's close, the benchmark S&P 500 index has dropped 298 points, or 10.2 percent, since reaching a record high ...

World 11/16/18, 01:51

Shares were mixed in Asia on Friday on revived concerns over the prospects for a breakthrough in trade tensions between the U.S. and China. KEEPING SCORE: Japan's Nikkei 225 index lost 0.6 percent to 21,667.72 while the Hang Seng in Hong Kong added 0.1 percent to 26,136.04. South Korea's Kospi rose ...

Business 11/05/18, 14:03

The midterm elections are certain to have implications for Wall Street, regardless of how they shape the balance of power in Congress. That's because in every scenario there could be winners and losers in key sectors of the market, including banking, pharmaceuticals, companies that would benefit from government infrastructure projects and ...

China 09/12/18, 03:25

SINGAPORE (AP) — Asian shares fell on Wednesday as China delayed issuing licenses to American businesses hoping to operate in the country amid the looming threat of more trade tariffs from Washington. The approach of Hurricane Florence on the East Coast and upcoming sanctions on Iran's energy industry lifted oil prices. ...