Day: April 25, 2022
Asia-Pacific markets set to open mixed; China’s Covid fears in focus as Beijing expands mass testing
SINGAPORE — Futures pointed to a mixed open for markets in Asia-Pacific as investors are set to closely watch market reaction to Covid fears in China as Beijing expands mass testing. Japan’s Nikkei futures contract in Chicago was at 26,875 while Osaka futures were at 26,810 — higher than the Nikkei 225’s last close at […]
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Twitter CEO tells employees company is in the dark over future under Musk
Parag Agrawal named Twitter CEO on Nov 29th, 2021. Courtesy: Twitter Twitter Chief Executive Parag Agrawal told employees on Monday that the future of the social media firm is uncertain after the deal to be taken private under billionaire Elon Musk closes. He was speaking during a company-wide town hall meeting that was heard by Reuters. Musk will join Twitter staff for a question-and-answer session at a […]
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These global stocks look cheap after falling over 20% — and analysts love them
These buy-rated stocks look to be trading at a sharp discount and could be primed for big returns going forward. Source
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Jim Cramer says these two airline stocks are the most profitable
CNBC’s Jim Cramer on Monday offered two airline stocks that he believes investors should pick up for their portfolios. “There’s always a bull market somewhere and right now it’s flying at 30,000 feet high. My favorites are the two most profitable, that’s [Delta Air Lines] and [Alaska Air Group]. Just remember to ring the register […]
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Whirlpool CEO says company is coping with inflation challenges, sees easing supply shortages
Whirlpool is handling inflationary pressure and has seen supply chain shortages start to ease, CEO Marc Bitzer told CNBC’s Jim Cramer on “Mad Money.” “Inflation challenges are real, but I think we’ve been able to demonstrate we can cope with them,” Bitzer said Monday. “Covid-induced inflation, I think we had a pretty good sense and […]
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Chinese start-up Nreal is launching its augmented reality glasses in the UK this spring
Attendees look at NReal’s augmented reality glasses, on the last day of CES 2019 in Las Vegas, Nevada. Robyn Beck | AFP | Getty Images Nreal, a Chinese augmented reality start-up, is planning to bring its smart glasses to the U.K. The Beijing-based company said Tuesday it will launch its Nreal Air AR glasses in […]
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Jim Cramer says Coca-Cola is a buy after company ‘put on a clinic’ in latest earnings report
CNBC’s Jim Cramer explained why he believes Coca-Cola is an endurable, investable stock on the heels of its latest quarterly earnings report. “Coca-Cola put on a clinic, showing you how a seasoned management team can overcome just about any challenge you might throw at them. That’s long-lasting strength. That’s a great stock to put away,” […]
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Nasdaq futures are slightly lower ahead of Big Tech earnings
Nasdaq 100 futures fell slightly Monday evening after stocks bounced in the afternoon and ahead of Big Tech earnings. Futures tied to the tech focused index fell 0.1%. Dow Jones Industrial Average futures and S&P 500 futures were little changed. In regular trading Monday, the Nasdaq Composite jumped 1.3%. The Dow advanced 0.7%, after cutting […]
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Donald Trump says he won’t return to Twitter if Elon Musk reverses ban
Former U.S. President Donald Trump speaks during a rally to boost Ohio Republican candidates ahead of their May 3 primary election, at the county fairgrounds in Delaware, Ohio, U.S. April 23, 2022. Gaelen Morse | Reuters Donald Trump told CNBC on Monday he wouldn’t return to Twitter even if Elon Musk, the company’s incoming owner, […]
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Elon Musk’s deal to buy Twitter leaves many key questions unanswered
SpaceX founder Elon Musk reacts at a post-launch news conference after the SpaceX Falcon 9 rocket, carrying the Crew Dragon spacecraft, lifted off on an uncrewed test flight to the International Space Station from the Kennedy Space Center in Cape Canaveral, Florida, U.S., March 2, 2019. Mike Blake | Reuters The Twitter board has agreed […]
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