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Tesla and Macy's rise premarket; Coinbase and Nio fall
Investing.com -- U.S. stock futures traded marginally higher Friday, with traders warily awaiting the key nonfarm payrolls release for clues of future Federal Reserve action.Here are some of the bigge
Investing.com
Jul 5, 2024
These stocks are getting a head start in July
Investing.com -- Boosted by thin pre-holiday volumes, positive comments from Fed chair Powell on Tuesday, and the impressive Tesla (NASDAQ:TSLA) catchup rally, the stock market started July at the sam
Investing.com
Jul 5, 2024
Jefferies praises Aixtron: Strong Q2 order intake despite lowered forecast
Investing.com - The German semiconductor equipment supplier Aixtron SE (ETR:AIXGn) reported robust order intake for the second quarter. However, the company has revised its annual forecast downwar
Investing.com
Jul 5, 2024
Bank of America's Triple Momentum Allocator favors this US chip stock
Bank of America (NYSE:BAC) analysts highlighted Broadcom (NASDAQ:AVGO) as a top pick within the US semiconductor industry in a note this week based on their "Triple Momentum Rank" indicator.This ranki
Investing.com
Jul 5, 2024
UK stocks remain cheap after election - Citi
Investing.com - The U.K general election has resulted in a landslide victory for the opposition Labour Party, and Citigroup sees the potential for upside for U.K markets in the wake of this result.As
Investing.com
Jul 5, 2024
Trio Group Appoints Ms. Zhang Jingjing as New CEO
[Hong Kong - 5 July 2024] EV Charger Solution Brand Deltrix by Trio Industrial Electronics Group Limited (“Trio Group”, Stock code: 1710.HK) announces the appointment of Ms. Zhang Jingjing as the new chief executive officer (CEO), effective from 2 July 2024. Ms. Zhang succeeded Mr. Kwan Chan Kwong, who transitioned to the role of group consultant, effective from 2 July 2024, to continue his support to Trio Group.Ms. Jingjing Zhang joined the Group as the General Manager of Business Development in August 2023, and was responsible for global market exploration. Ms. Zhang has over fifteen years’ experience in finance, hi-tech industry, and global market. Before joining the Group, she has worked with Ant Group Co., Ltd., Formax Capital Market Limited, General Electric Capital Corporation North America and JP Morgan Chase Bank consumer portfolio risk department in global market innovation, financial risk management and regulatory compliance functions.Ms. Zhang said, “Trio Group is a manufacturing enterprise with long history, from its establishment to successful public listing in Hong Kong in 2017 and to the global business expansion and development. Three founders of Trio Group have created a legendary story of Hong Kong entrepreneurship. I am very grateful for the board’s support to my appointment as Trio Group’s CEO. The current global economic environment is complex and volatile, with both risks and opportunities. Enhancing Trio Group’s risk resistance capabilities while maintaining and consolidating its advantageous position in advanced manufacturing accumulated over the past 40 years remains a key priority to our team. Additionally, the new energy business, as the Group’s second key growth contributor, needs to yield positive results and be the major growth driver of Trio Group in the next five years and beyond. The young management team will ensure a strong delivery to shareholders and investors."Describing Ms. Zhang as a person of energetic and conviction, Mr. Cecil Wong, Chairman of Trio Group, said, “Ms. Zhang has demonstrated her leadership in the new energy team and achieving significant milestones which are in line with the Group’s development direction, since her joining to Trio Group. I am confident in her ability, as a CEO, to powering the Group’s future with new ideas and momentums, creating more business and opportunities and achieving sustainable growth.”Mr. Wong, on behalf of the board, also extended heartfelt thanks to Mr. Kwan for his years of dedication and contributions. He said, “Mr. Kwan, as the founder and CEO of Trio Group, led the Company in implementing global expansion, supported the innovation and development of the Group’s new energy business with full force, and unremittingly nurtured the next generation of management team at all levels. These laid a solid foundation for the Group’s business growth and development. Although Mr. Kwan has stepped down from the CEO position, he will continue to strive together with the team in his new role as a group consultant.”About Trio GroupTrio Industrial Electronics Group Limited is a manufacturer and distributor of advanced industrial electronic components and products in Hong Kong with 40 years of industry experience. It is also the first Hong Kong-based industrial electronic company awarded with the Industry 4.0 maturity certificate - Industry 4.01i level. The Group’s major products include smart charger, electro-mechanical product and switch-mode power supplies, which are widely used in smart city system, medical and healthcare sector, as well as renewable energy field. The Group has built up good reputation and become a trusted supplier to various international well-known brands. Majority of its clients comes from Europe and US while some from Southeast Asia and PRC. In addition, the Group and its partner has developed its own EV charger solution - Deltrix since 2017, which has been launched in the European market in response to the global efforts to develop smart economies.For more details, please contact: Skye ShumInvestor Relations Manager PR media:DLK Advisorypr@dlkadvisory.com05/07/2024 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
EQS
Jul 5, 2024
UBS on UK election: "No immediate implications"
Investing.com - The U.K general election has resulted in a landslide victory for the opposition Labour Party, and UBS takes a look at the likely consequences of this result.As of 04:40 ET, Labour, led
Investing.com
Jul 5, 2024
Crypto-related stocks drop as Bitcoin slumps again
Shares in crypto-related companies declined in Friday's premarket as Bitcoin continued its downward trend for the fourth consecutive session.The leading cryptocurrency dropped 6.5% to $54,450.0 by 04:
Investing.com
Jul 5, 2024
Labour claims victory; FTSE 100 up; U.K. shares higher at market open
Investing.com – Labour has won the 2024 general election and claimed 410 seats in the House of Commons."We did it! You campaigned for it, you fought for it, you voted for it, and now it has arri
Investing.com
Jul 5, 2024
Asia stocks: China slides on Taiwan tensions, Samsung boosts S. Korea
Investing.com-- Asian stocks were a mixed bag on Friday with Chinese shares sliding further on increased tensions with Taiwan, while South Korean markets outperformed on gains in Samsung. Broader mar
Investing.com
Jul 5, 2024
Samsung Q2 profit surges 15-fold on strong AI demand
Investing.com-- Samsung Electronics Co Ltd (KS:005930) clocked an exponential rise in its second-quarter profit as the technology conglomerate continued to benefit from artificial intelligence-driven
Investing.com
Jul 5, 2024
US stock futures tread water as nonfarm payrolls approach
Investing.com-- U.S. stock index futures moved little in holiday-thinned trade on Thursday evening, with focus turning squarely towards key nonfarm payrolls data for more cues on interest rates.While
Investing.com
Jul 4, 2024
SoftBank in talks to get its hands on large volumes of Nvidia’s GPUs: Report
Japanese technology-focused investor SoftBank (TYO:9984) is in discussions to find a way to secure a large volume of Nvidia’s graphics processing units (GPUs) which are critical for artificial intelli
Investing.com
Jul 4, 2024
Top six healthcare stocks to buy and hold - Deutsche
Investing.com - At the start of every quarter, Deutsche Bank (ETR:DBKGn) presents its top investment ideas per sector to hold over the next twelve months. It’s the time for the healthcare sector to
Investing.com
Jul 4, 2024
Election day: FTSE 100 up; U.K. shares mixed at market open
Investing.com - U.K. equities started with gains on Thursday, with rises in majority of the sectors, the most notable ones being the Automobiles & Parts, Banks, Aerospace & Defense and Beverag
Investing.com
Jul 4, 2024
European stocks edge higher; political developments in focus
Investing.com - European stock markets edged higher Thursday, boosted by overnight gains on Wall Street as investors focus on political developments in the region.At 03:10 ET (07:10 GMT), the DAX inde
Investing.com
Jul 4, 2024
Asian stocks rise as rate cut bets build; Japan tests record highs
Investing.com-- Asian stocks rose on Thursday, tracking overnight gains on Wall Street as a swathe of weak economic readings saw investors ramp up bets that the Federal Reserve will cut interest rates
Investing.com
Jul 4, 2024
US stock futures flat in holiday-thinned trade; rate cut bets grow
Investing.com-- U.S. stock index futures moved little in evening deals on Wednesday with trading volumes set to remain slim due to the Independence Day holiday.But Wall Street still hit record highs i
Investing.com
Jul 3, 2024
KKR and Francisco Partners vying for Instructure, sources say
Investing.com - Private equity firms KKR (NYSE:KKR) and Francisco Partners are in the race to acquire US-based education software provider Instructure (NYSE:INST), sources told Reuters on Wednesday.Bo
Investing.com
Jul 3, 2024
Arkhouse Management and Brigade Capital increase Macy's offer - WSJ
Investing.com - An investor consortium, including Arkhouse Management and Brigade Capital Management, has reportedly increased its acquisition offer for Macy’s Inc (NYSE:M) for the second time, accord
Investing.com
Jul 3, 2024
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