Tag: NYSE:NIO
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Chubb Stock Soars 9% with Berkshire Acquisition, AST SpaceMobile jumps 37% on AT&T deal, and More News
Berkshire Hathaway (NYSE:BRK.A), Chubb (NYSE:CB) – Chubb’s stock increased by approximately 9.3% after Berkshire Hathaway disclosed its acquisition of nearly 26 million shares of the property and casualty insurer, representing a $6.7 billion investment. As a result, Chubb became Berkshire’s ninth-largest holding by the end of March, as recorded in a new regulatory document. Netflix…
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Arm Sets 2025 Target for AI Chip Development, Amazon and Microsoft Commit Billions to French Investments, and More
Arm Holdings (NASDAQ:ARM) – SoftBank is collaborating with Arm to develop AI chips, aiming to start mass production in 2025. SoftBank is financially contributing, negotiating with manufacturers like TSMC (NYSE:TSM). Amazon (NASDAQ:AMZN) – France secured new jobs and investments on Sunday before hosting a foreign investment summit. Macron led the ‘Choose France’ event, aiming to…
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Samsung Surpasses Apple in Q1 Smartphone Market; Salesforce in Talks to Acquire Informatica, and More News
Apple (NASDAQ:AAPL) – In the first quarter of 2024, Apple’s smartphone shipments fell by 10%, challenged by Android competitors. Samsung led with a 20.8% market share, reversing Apple’s position. Apple sold 50.1 million iPhones, down by 5.3 million from the previous year. Sales in China declined by 2.1%. Recently, the stock market reacted to the…
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Fisker’s Shares Take a Hit Amid Speculation of Bankruptcy, Altria Divests from AB InBev to Fund Stock Repurchase Initiative
Fisker (NYSE:FSR) – Shares of the electric vehicle startup fell 39.71% in pre-market trading, following a Wall Street Journal report that Fisker hired restructuring consultants as part of preparations for a possible bankruptcy filing. At the end of February, Fisker admitted to having doubts about its ability to continue operating, as it faced difficulties in…
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U.S. Futures Dip, Crude Oil Fluctuates
U.S. stock futures indicate a lower opening on Tuesday as investors await the release of new economic data and Target‘s financial results. At 05:28 AM Brasília time, Dow Jones futures (DOWI:DJI) fell 63 points, or 0.16%. S&P 500 futures declined 0.36%, and Nasdaq-100 futures fell back 0.76%. The yield on 10-year Treasury notes stood at…
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Wall Street Highlights: Apple Appeals Watch Ban, Tesla to Launch Updated Model Y, and More
U.S. index futures remained firm and stable in the pre-market on Wednesday, as investors closely watched the progress of the S&P 500 index, which is moving towards hitting record milestones. At 05:49 AM, the Dow Jones futures (DOWI:DJI) fell 2 points, or 0.01%. The S&P 500 futures fell 0.03% and the Nasdaq-100 futures retreated 0.01%.…
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Alphabet Unveils Advanced AI Model, AMD Expects $45 Billion AI Market, Chevron’s $19.5B Investment Plans, BMY Increases Dividend, and More
U.S. index futures are mixed in Thursday’s pre-market trading, following a three-day losing streak for the S&P 500 and the Dow Jones. At 05:17 AM, Dow Jones futures (DOWI:DJI) fell 80 points, or 0.22%. S&P 500 futures dropped 0.04%, while Nasdaq-100 futures rose 0.18%. The yield on 10-year Treasury bonds was at 4.146%. In the…
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Moody’s Reassesses China, GitLab Exceeds Estimates, Twilio Plans Major Layoffs, and More
U.S. index futures are falling in the pre-market on Tuesday as investors eagerly await the first in a series of labor data. These numbers are likely to influence the atmosphere surrounding the Federal Reserve meeting scheduled for next week. At 05:20 AM, Dow Jones futures (DOWI:DJI) dropped 64 points, or 0.18%. S&P 500 futures declined…
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Amazon Unveils Innovative Services, Okta Discloses Data Breach, Textron Plans 2% Global Workforce Reduction, and More
U.S. index futures are trending upwards in Wednesday’s pre-market, with investors awaiting the release of the second estimate of the Gross Domestic Product (GDP) and the Beige Book in the United States to calibrate bets on monetary policy direction. As of 05:52 AM, Dow Jones futures (DOWI:DJI) rose by 105 points, or 0.30%. S&P 500…
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Tuesday’s Wall Street Highlights: Paramount Global, Nvidia, Zoom, Symbotic, Baidu, and more
U.S. index futures are down this Tuesday during the pre-market period, reflecting investor caution. They eagerly await the release of quarterly results from major U.S. companies, as well as the publication of the minutes from the most recent meeting of the Federal Open Market Committee (FOMC), scheduled for 2 PM. At 6:05 AM, Dow Jones…