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Intel should exit the foundry business, Citi says
Investing.com -- At the Citi TMT Conference on Tuesday, Intel (NASDAQ:INTC) provided updates on its cost-saving initiatives, its manufacturing strategy, and the state of the PC market. Notably, the co
Investing.com
Sep 5, 2024
Nvidia, US Steel and JetBlue rise premarket; ChargePoint falls
Investing.com -- U.S. stock futures traded in tight ranges Thursday, steadying ahead of the release of more key labor market data to guide future Federal Reserve monetary policy moves.Here are some of
Investing.com
Sep 5, 2024
HSBC initiates coverage of On Holding, maintains "hold" rating
Investing.com -- Analysts at HSBC (LON:HSBA) initiated coverage of On Holding (NYSE:ONON) with a "hold" rating, with a target price of $52, one of the highest on the street. While the Swiss perfor
Investing.com
Sep 5, 2024
Tesla stock: Apparent decline in FSD performance 'unconcerning' says Piper Sandler
Investing.com -- Tesla (NASDAQ:TSLA)'s recent updates to its Full Self-Driving (FSD) software, particularly the v12.5 series, have caused worries within the user community due to declining performance
Investing.com
Sep 5, 2024
Uber and Turo announce partnership to bring Turo vehicles to Uber Rent
Uber customers throughout the U.S., Canada, France, the United Kingdom, and Australia will soon be able to rent from Turo's expansive selection of vehicles directly through the Ube
PR Newswire
Sep 5, 2024
Long-only funds are buying stocks while hedge funds keep selling
Investing.com -- Long-only managers continued buying last week, with all sectors witnessing net inflows, Citi revealed in a Wednesday note.The largest increases in exposure were seen in technology, re
Investing.com
Sep 5, 2024
India shares lower at close of trade; Nifty 50 down 0.21%
Investing.com – India equities were lower at the close on Thursday, as losses in the Real Estate, Fast Moving Consumer Goods and Healthcare sectors propelled shares lower.At the close in NSE, the Nift
Investing.com
Sep 5, 2024
AI stocks not in a bubble but concentration risks are high: Goldman
Investing.com -- The AI sector is not in a bubble, Goldman Sachs (NYSE:GS) strategists said in a Thursday note, but concentration risks remain elevated due to the dominance of a few large-cap companie
Investing.com
Sep 5, 2024
Syensqo shares fall on Morgan Stanley downgrade
Investing.com -- Shares of Syensqo SA slipped on Thursday following a downgrade by Morgan Stanley (NYSE:MS). The brokerage has revised its rating for Syensqo to "underweight" from "overweight,” citi
Investing.com
Sep 5, 2024
US stock futures steady ahead of key labor market data
Investing.com -- U.S. stock futures traded largely flat Thursday, attempting to stabilize after a rocky start to the month ahead of key employment data for clues for future Federal Reserve monetary po
Investing.com
Sep 5, 2024
ASML shares down as Morgan Stanley removes from Top Pick list
Investing.com -- Shares of ASML Holding NV (AS:ASML) slid on Thursday after Morgan Stanley (NYSE:MS) removed the stock from its prestigious "Top Pick" list for European semiconductors. At 5:42 am (0
Investing.com
Sep 5, 2024
Risk-reward for chip stocks 'unattractive', selloff may continue: BCA
Investing.com -- The risk-reward profile for semiconductor stocks, particularly high-end and AI-chip producers, has become "unattractive" despite continued sales growth, BCA Research strategists noted
Investing.com
Sep 5, 2024
Volvo Cars lowers its profit and sales targets
Investing.com -- Volvo Cars (ST:VOLVb) has revised its financial targets for 2026, aiming for a lower EBIT margin of 7-8% due to increased complexities. While the company still expects to outperform t
Investing.com
Sep 5, 2024
Comparing the 2000-01 dot.com crash with today's situation
Investing.com -- Nomura analysts revisited the dot-com crash in a Wednesday report, noting it serves as a reminder of the feedback loops between markets and the economy – dynamics that could become im
Investing.com
Sep 5, 2024
Indonesia shares higher at close of trade; Jakarta Stock Exchange Composite up 0.37%
Investing.com – Indonesia equities were higher at the close on Thursday, as gains in the Financials, Infrastructure and Agriculture sectors propelled shares higher.At the close in Jakarta, the Jakarta
Investing.com
Sep 5, 2024
Morgan Stanley cuts Novartis rating amid limited innovation
Investing.com -- Analysts at Morgan Stanley (NYSE:MS) in a note dated Thursday have revised their rating on Novartis (LON:0QLR) (NYSE:NVS) AG (SIX:NOVN) to "neutral" from "buy," indicating a cha
Investing.com
Sep 5, 2024
This is the easiest way to play the AI bubble burst
Investing.com -- Buying the Japanese yen is “the easiest way to play the AI bubble bursting,” BCA Research strategists said in a Wednesday report.After dipping in late July and early August, the S&P 5
Investing.com
Sep 5, 2024
FTSE 100 slightly up; shares mixed at market open
Investing.com – U.K. equities started mixed on Thursday. The top 3 rising sectors were Automobiles & Parts, Household Goods and Software & Computer Services; while Food Producers, Indust
Investing.com
Sep 5, 2024
Taiwan shares lower at close of trade; Taiwan Weighted down 4.52%
Investing.com – Taiwan equities were lower at the close on Thursday, as losses in the , Computers&Peripherals and Plastic sectors propelled shares lower.At the close in Taiwan, the Taiwan Weighted
Investing.com
Sep 5, 2024
Hong Kong E-Commerce Logistics Association (HKELA) Joins Forces with OPENeX 2024 and WMX Asia Conference to Promote Cross-Border International E-Commerce
Hong Kong, September 5, 2024 — Hong Kong E-Commerce Logistics Association (HKELA) is proud to announce its strategic partnership with the upcoming OPENeX 2024 and the World Mail & Express Asia Conference (WMX Asia). This collaboration aims to enhance cross-border international trade within the e-commerce and logistics sectors.With the theme "Where Tech Meets Cross Border eCommerce Logistics," OPENeX 2024 will take place from September 16 to 18, 2024, in Hong Kong. The conference will feature a dynamic agenda filled with keynote speeches, panel discussions, and networking opportunities, attracting industry leaders from around the globe.Additionally, the WMX Asia Conference, scheduled for September 18 to 20, 2024, at the Cordis Hotel, Hong Kong, will bring together senior post and parcel professionals for insightful discussions on the latest trends and innovations in the logistics industry.HKELA President, Suki Cheung, will represent Asia as a key speaker at both conferences, sharing insights on the evolving landscape of e-commerce logistics and the critical role of collaboration in driving growth. "This partnership is a significant step towards strengthening Hong Kong's position as a global hub for e-commerce and logistics," said Cheung. "By joining forces with OPENeX and WMX Asia, we aim to foster dialogue and innovation that will benefit stakeholders across the region."The collaboration will provide HKELA members with exclusive access to international insights, networking opportunities, and innovative solutions that can streamline operations and enhance service delivery in the competitive landscape of cross-border trade.For more information about the conferences and to register, please visit OPENeX 2024 https://nex-network.com/openex/hkg/ and WMX Asia at https://www.wmxasia.com.For media inquiries or further information, please contact:Shirley ChuVice President - Partnershipsshirleychu@hkela.org###About Hong Kong E-Commerce Logistics Association (HKELA)Hong Kong E-Commerce Logistics Association (HKELA) is the first logistics association established for professionals in the online sales and e-commerce logistics industry in Hong Kong. Its members consist of professionals from various industries, including cross-border logistics, e-commerce logistics, supply chain management, logistics consulting, transportation, and warehousing. The association is dedicated to promoting and enhancing the development of the e-commerce logistics industry by connecting logistics experts, practitioners, and students.The association advocates for business growth and development among its members through collaboration. It provides a platform for members to connect and interact, with members from different specialties sharing knowledge and industry insights and exchanging market analysis and trends to maximize cooperation opportunities among members. The main goal is to unite stakeholders in the industry, actively connect with different local and overseas units and organizations, promote exchanges, and expand strategic cooperation. Through technological innovation, it aims to develop and create opportunities together, strengthen Hong Kong's position as a hub for e-commerce logistics in the Asia-Pacific region, and enhance the prospects of the Hong Kong e-commerce logistics industry.https://www.hkela.org/###05/09/2024 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
Sep 5, 2024
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