Day: December 19, 2022
From recovery to regulation: How China’s tech giants could fare in 2023 after a bruising year
Chinese technology stocks such as Alibaba and Tencent have been hammered in 2022 as regulatory pressure and a slowing Chinese economy weighed on growth. But investors are starting to feel slightly more optimistic toward Chinese tech giants in 2023. Jakub Porzycki | Nurphoto | Getty Images It’s been another rough year for China’s tech stocks. […]
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EV maker Lucid closes $1.5 billion raise from the Saudi public wealth fund and other investors
Lucid Motors CEO Peter Rawlinson claps after ringing the opening bell at the Nasdaq MarketSite as Lucid Motors (Nasdaq: LCID) begins trading on the Nasdaq stock exchange after completing its business combination with Churchill Capital Corp IV in New York City, July 26, 2021. Andrew Kelly | Reuters Electric vehicle maker Lucid Group said Monday […]
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Amazon inventory provides up previous of its pandemic gains right after almost 50% slump in 2022
Amazon CEO Andy Jassy speaks in the course of the GeekWire Summit in Seattle on Oct. 5, 2021. David Ryder | Bloomberg | Getty Photos Amazon‘s inventory selling price has misplaced all of its pandemic-fueled gains, falling again to exactly where it was investing when Covid-19 started off shutting down the U.S. financial state. On […]
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Leo Messi made use of a ‘growth mindset’ to finally win his Planet Cup trophy—here’s what that seemed like
Lionel “Leo” Messi is now a FIFA Entire world Cup winner, possible cementing his status in the eyes of most soccer admirers as a single of his sport’s biggest gamers ever. The 35-12 months-previous Argentine has a completely stocked trophy scenario, such as a file seven Ballon d’Or awards, given to the worldwide soccer player […]
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Amazon and Microsoft are backing this battery-powered generator startup
Diesel generators are staples at design web-sites, film sets, or any where portable power is required. But they are soiled, emitting carbon dioxide as any other fuel-burning engine does. While significant legacy businesses like Generac and Caterpillar are commencing to offer you modest battery-driven models in addition to their larger sized diesel generator strains, California-primarily […]
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Trump law firm John Eastman referred for prosecution by Jan. 6 committee
WASHINGTON — The Home committee investigating the Jan. 6, 2021 attack on the Capitol suggested Monday that the Justice Section examine and likely prosecute former President Donald Trump’s election law lawyer John Eastman on two counts, stemming from his purpose in advancing a prepare to overturn the 2020 presidential election final results. Eastman’s referral was […]
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Disney shares fall following softer-than-expected ‘Avatar’ opening weekend
Avatar: The Way of Water Courtesy: Disney Co. Shares of Disney dropped on Monday following a weaker-than-expected opening box office weekend for James Cameron’s “Avatar: The Way of Water.” Disney shares were trading down more than 4% at around $86 each, hitting a 52-week low for the company that has seen its stock fall more […]
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Jan. 6 committee sends DOJ historic criminal referral of Trump around Capitol riot
The desk of Agent Bennie Thompson, a Democrat from Mississippi and chairman of the Property Find Committee to Investigate the January 6th Assault on the US Capitol, before a hearing in Washington, DC, US, on Monday, Dec. 19, 2022. Al Drago | Bloomberg | Getty Pictures The Jan. 6 pick out Residence committee on Monday […]
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How FTX founder SBF and close friends quietly donated to political groups and kinfolk
FTX founder Sam Bankman-Fried is led by officers of the Royal Bahamas Law enforcement pressure adhering to his arrest. Mario Duncanson | Afp | Getty Photos Prior to FTX founder Sam Bankman-Fried was arrested in the Bahamas on a number of legal securities fraud violations past week, he was regarded the crypto “darling” of Washington, […]
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This unusual media stock is a top 2023 play from Morgan Stanley because of growing F1 popularity
Shares of Formula One-parent company Liberty Media can go nearly 30% higher on the rising popularity of the auto racing sport, according to Morgan Stanley. Analyst Benjamin Swinburne named the media and entertainment stock one of his top overweight-rated ideas for 2023, saying it can outperform even as growing recessionary challenges are expected to challenge […]
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