Text size Goldman Sachs analyst Fei Fang downgraded US depositary receipts from Chinese electric vehicle maker NIO to Sell from Hold. ADRs are falling on Friday, but that’s after nearly doubling in the past month. Photography by Giulia Marchi / Bloomberg Recovery of a stock of electric vehicles has gone …
Read More »Nio Stock Drops, Netflix Sinks and Dow Might Open Higher
Text size US stocks rose slightly in pre-trade, as investors worried about rising tensions between the US and China, as well as cases of coronaviruses continuing to rise in what appears to be a stereotypical summer. on Friday. Dow Jones Industrial Average futures were up 75 points, or 0.3%. S&P …
Read More »Warren Buffett may have found an action he likes: his
Something unusual has happened in the markets in the last week. The high-flying tech stocks that investors have sought refuge have declined, but so has the recovery of COVID-19 in the travel and leisure sector. Instead, not only finance has gained ground as big banks have reported results, but also …
Read More »Netflix Shares Fall As Covid Subscriber Slowly Rises
Shares of the video streaming giant are trading sharply lower after hours on Thursday amid signs that the company’s Covid-19-fueled growth is coming to an end. In the June quarter of Thursday, Netflix added 10.1 million new net subscribers, above the company’s forecast of 7.5 million, but fell short of …
Read More »The Republican senator demands answers after the attack: “Did this attack threaten the security of the President’s own Twitter account?”
“ ‘A successful attack on your system’s servers represents a threat to the privacy and data security of all its users. … Did this attack threaten the security of the President’s own Twitter account? “ – Republican Senator Josh Hawley of Missouri The above lines came Wednesday from Republican Sen. …
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