Stock Market

Warren Buffett packs a punch as he goes bottom-fishing for stocks

 Warren Buffett packs a punch as he goes bottom-fishing for stocks

While the overall investor sentiment is glum due to the stock market sell-off, Warren Buffet is happy sticking to his eternal advice to investors: To be greedy when others are fearful. It is what Warren Buffet always preached and adheres to strictl...

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Whitepaper on SPACs in the US

Whitepaper on SPACs in the US

Highlights SPACs (Special Purpose Acquisition Company) are a time- and-money saving route for stock listings by companies. SPACs get two years to complete a purchase, or they must return the funds to investors. Virgin Galactic Holdings, Inc. (...

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Why US pension fund trims Buffett exposure, bets on meme, pot stocks?

Why US pension fund trims Buffett exposure, bets on meme, pot stocks?

Highlights The pension had US$321.9 billion in assets as of Oct 31​, 2021, it disclosed to the US market regulator, the Securities Exchange Commission or SEC. Additionally, Calstrs bought 347,900 shares of Tilray in Q3. It didn’t have a...

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How is Omicron affecting financial markets?

How is Omicron affecting financial markets?

  • November 29, 2021 03:07 AM AEDT
  • Akshay

Highlights On Sunday, the Dutch health authorities said that they had found 13 infected cases of Omicron. The Dow Jones Industrial Average declined by 2.5% on Friday, recording its worst day in over a month. The Tadawul All Share Index traded ...

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7 travel, entertainment stocks to explore on Thanksgiving

7 travel, entertainment stocks to explore on Thanksgiving

The travel industry was one of the worst-hit sectors during the lockdown. While it saw some improvement in recent months, it is still not out of the woods. Travel stakeholders are hoping to capitalize on the upcoming holiday season, the period lead...

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How are US-listed Chinese stocks performing in November?

How are US-listed Chinese stocks performing in November?

Highlights Alibaba Group Holding Limited (NYSE: BABA) revenue surged 29% YoY in the quarter ended on Sept 30, 2021. The revenue of JD.com, Inc. (NASDAQ: JD) rose over 25% YoY in Q3, FY21. XPeng Inc. (NYSE: XPEV) will report its financial resul...

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From Alibaba, Lucid to NetEase: Top stocks to watch out this week

From Alibaba, Lucid to NetEase: Top stocks to watch out this week

Highlights Lucid Group, Inc. (NASDAQ: LCID) has been named the 2022 MotorTrend Car of the Year Award. NetEase, Inc. (NASDAQ: NTES) revenue was up 12% YoY in Q2, FY21. Alibaba Group's (NYSE: BABA) revenue jumped 34% YoY for the quarter ended Ju...

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Five stocks to explore as US marks Veterans Day

Five stocks to explore as US marks Veterans Day

The US observes Veterans Day every year on Nov 11 to honor the military veterans of the armed forces. It is also a federal holiday in the US. Many restaurant chains are offering free meals and special discounts in honor of the veterans on Thursday....

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BioNTech (BNTX), Palantir (PLTR) revenue soars in Q3, raise outlook

BioNTech (BNTX), Palantir (PLTR) revenue soars in Q3, raise outlook

Highlights BioNTech SE (NASDAQ: BNTX) revenue rose to US$6.08 billion covid vaccine sales. Palantir Technologies Inc. (NYSE: PLTR) revenue jumps 36% YoY to US$392 million. Palantir raises outlook for fiscal 2021 after a strong quarterly ...

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Twitterati say ‘yes’ to Elon Musk’s 10% stake sale in Tesla

Twitterati say ‘yes’ to Elon Musk’s 10% stake sale in Tesla

  • November 08, 2021 07:03 PM AEDT
  • Aayush

Elon Musk, the world’s richest person and Tesla CEO, conducted a Twitter poll on Saturday to ask fellow Twitterati whether he should have sold some of his holdings in Tesla to pay taxes. He tweeted, “Much is made lately of unrealized ga...

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Airbnb (ABNB) Q3 income up 280%, Square (SQ) misses estimates

Airbnb (ABNB) Q3 income up 280%, Square (SQ) misses estimates

Highlights Bitcoin revenue of Square, Inc. (NYSE: SQ) surged 11% YoY in Q3, FY21 The revenue of Airbnb, Inc. (NASDAQ: ABNB) increased by 67% YoY in Q3, FY21 ABNB's net income was up 280% YoY in Q3, FY21 The stocks of Square, Inc. (NYSE: S...

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