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Shares of Chinese electric vehicle makers mostly surged on Thursday morning after the European Union announced higher tariffs of up to 38% on Chinese EVs a day earlier.Hong Kong’s Hang Seng index surged 1.23% at the open, mostly powered by gains in EV stocks.EV company BYD, who was the top gainer on…
Dear readers/followers, In this article, I’ll provide you with an update on Persimmon PLC (OTCPK:PSMMF) (OTCPK:PSMMY). The company is a UK homebuilder. I haven’t been going into the UK market as much as I’d like, and this is something that I’ve been changing for the past year or so. Persimmon…
The Nathan’s Famous Fourth of July hot dog eating contest will be down one dog this year.Major League Eating announced Tuesday that it’s parting ways with 16-time champion Joey “Jaws” Chestnut ahead of this year’s competition, hosted by Nathan’s Famous.Chestnut was previously offered a $1.2 million, four-year contract with MLE…
Check out the companies making headlines in after-hours trading. Oracle — The tech company’s shares jumped nearly 9% after it announced cloud deals with Google and OpenAI, despite posting a miss on fiscal fourth-quarter results. Oracle posted adjusted earnings of $1.63 per share on revenue of $14.29 billion, while analysts…
The following segment was excerpted from this fund letter. In our Q3 2023 commentary, we featured a section on our investment in Danaher (DHR) entitled “Purity in the Crown Jewel of Bioprocessing.” Specifically, we were speaking to Cytiva, Danaher’s bioprocessing business formed by the merger of PALL Corp and GE’s…
DETROIT — United Auto Workers President Shawn Fain is under investigation by a federal court-appointed watchdog who is tasked with monitoring the union and eliminating corruption, according to a Monday court filing.The monitor, Neil Barofsky, is investigating whether Fain abused his power as union president. He also accuses union leaders,…
Elon Musk, the CEO of Tesla and SpaceX, threatened to ban Apple devices from his companies on Monday after the iPhone maker announced a partnership with OpenAI.In a series of posts on his social media platform X, Musk shared concerns about whether Apple and OpenAI will protect users’ information. He…
Nothing has caused more issues than the progress or lack thereof of both EBITDA (since the acquisition) and its place in the coming growth for Warner Bros Discovery (NASDAQ:WBD) since the last article. Management has since done a bunch of presentations to try and smooth out the process of going…
French President Emmanuel Macron on Sunday said he would dissolve the country’s parliament and call for a new legislative nationwide vote after suffering a heavy defeat at EU elections.The shock announcement came after exit polls published by public broadcaster France TV indicated that Marine Le Pen’s far-right National Rally (Rassemblement…
LONDON — Populist, far-right parties could have a bigger hand in European policymaking over the next five years after initial results from the EU election on Sunday suggested the parliamentary landscape is being redrawn.Gains for the nationalist Identity and Democracy (ID) party — and losses for the Greens/European Free Alliance…