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The U.S.-listed shares of China-based companies took a broad beating in early trading Monday, after data showing factory and services activity in China contracted in October. The iShares China Large-Cap ETF FXI, -2.60% dropped 3.1% in premarket trading, putting them on track to open at the lowest price seen during regular-session hours since October 2008. […]
The common theme of advice revolved around focusing on long-term goals and avoiding short-term distractions be it price volatility or negative mainstream news. 1170 Total views 21 Total shares The crypto bear market of 2022 has wiped out more than 70% of the market capitalization from the top. The total crypto market cap breached $3 […]
Invisalign maker Align Technology Inc. ALGN, +3.91% announced Monday that it has entered into a $200 million accelerated stock repurchase (ASR) program with Goldman Sachs & Co. LLC. The medical device company’s stock, which fell 1.4% in premarket trading, has plunged 71.3% this year, to make it the S&P 500’s SPX, +2.46% worst year-to-date performer, […]
Workers in a manufacturing facility that assemble Apple Inc.’s AAPL, +7.56% iPhone in the Chinese city of Zhengzhou appear to have left to avoid COVID-19 curbs, with many traveling on foot for days after an unknown number of employees were quarantined in the facility after a virus outbreak, the Associated Press reported. Videos circulating on […]
Shares of Emerson Electric Co. EMR, +1.76% gained 0.7% in premarket trading, after automation technology and software company confirmed Monday an agreement to sell a majority stake in its climate technologies business to Blackstone Inc. BX, +0.68% in a deal that values the business at $14.0 billion. The deal was originally reported by The Wall […]
On Monday, the Japanese yen against the US dollar looks neutral. The current quote is 148.25. The yen is becoming weaker again after large-scale interventions of the Bank of Japan. The process will not be fast, because the market is still full of money. However, the yen has no other option than to fall as […]