KE Holdings Inc. became China’s first public offering to raise $ 2 billion from a U.S. listing since iQiyi Inc. on Thursday, when its share saw 87% close. Less than an hour later, iQiyi gave a stark reminder of the rocky path many young Chinese stocks have taken on U.S. …
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Reuters Tesla has been rallying since announcing on Tuesday that it would end a 5-for-1 action split in late August. Shares of motorist jumped 13% on Wednesday and climbed as much as 6% on Thursday. The stock split does not fundamentally change the company, but should appeal to smaller investors. …
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European equities slipped as U.S. futures fluctuated on Thursday as a global rally in equities showed signs of fluctuating after stimulus talks in Washington remained deadslot. The dollar fell before important data on unemployment were available. The Stoxx Europe 600 Index rallied lower on declines in miners and insurers. Aegon …
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The legal victory of Qualcomm Inc. in a battle with high stakes with the US government brings up the opportunity for the smartphone chip giant to enjoy a period of relative calm and growth driven by increasing appetite for new 5G handsets. The company stems from what, by most industry …
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The rally in shares in Moderna Inc. jumped through news late Tuesday that the U.S. government ordered 100 million doses of its COVID-19 vaccine candidate on Wednesday as analysts waited for what the order meant for prices. Modern MRNA, + 1.94% is widely regarded as a front-runner in the race …
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