Image copyright fake pictures The UK financial regulator has lifted restrictions on German payment company Wirecard, allowing it to resume payment activities. The Financial Conduct Authority (FCA) placed restrictions on the company’s arm in the UK after its collapse last week. As a result, thousands of people were unable to …
Read More »United States begins cutting Hong Kong’s special status due to security law
WASHINGTON (Reuters) – The United States began eliminating Hong Kong’s special status under US law on Monday, halting defense exports and restricting territory access to high-tech products as China prepares Hong Kong’s new security legislation . FILE PHOTO: United States Secretary of State Mike Pompeo gives a press conference on …
Read More »Micron Earns Profits on Strong Third Quarter Earnings Report and Continuing Demand for Memory Chips
Text size Photograph by Tomohiro Ohsumi / Bloomberg Shares of Micron Technology rose Monday night, after the memory chip maker reported third-quarter tax earnings and sales that exceeded guidance released by the company just a month ago. Micron shares (ticker: MU) rose 6% in the extended session. Shares closed 1.4% …
Read More »Tesla Short Squeeze Thesis Fading (NASDAQ: TSLA)
When it comes to electric vehicle manufacturer Tesla (TSLA), there have always been a number of skeptics. As a result, a part of the bullish case for the stock is that big short-term interest could lead to a big cut in the good news, perhaps something like the company’s Battery …
Read More »Ford Launches 1-Year Return Policy for Car Buyers Amid Uncertainty COVID-19
Just a little peace of mind for new Ford owners. Nate Reed / Roadshow Buy a new car probably not a priority like economic uncertainty start baking in the middle of the coronavirus It was, but Ford’s latest show hopes to put some of those fears to rest. Entitled Ford …
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