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Tag Archives: Stocks

Beijing-Shanghai High-Speed Railway Could Become China’s Biggest IPO since 2015

Beijing-Shanghai High-Speed Railway Co. is said to kick off its initial public offering on January 6, 2020. This will be the first IPO, where investors will be able to buy shares in what we can call the world’s largest network of this kind.The operator of China’s high-speed rail line between Beijing and Shanghai is a unit of state-owned China Railway Corp. It said to sell as many as 6.3 billion new shares, or 12.8% of enlarged capital, through the listing in Shanghai. Still, the company...

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$17 Trillion Jump in Global Stock Markets to Continue in 2020

The general consensus this year, even by people who aren’t exactly deep into financial metrics, is that 2019 has been mostly good. On average, global stock markets have performed impressively and still push on. For specifics, Deutsche Bank’s Chief Economist Torsten Slok has highlighted the global stock markets’ 2019 pump to be over $17 trillion.For several reasons including more attention by government and financial authorities, the progress has been quite noticeable. According to Slok,...

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Welcoming 2020: 5 Wild Predictions Impacting the Global Economy

This year of 2019 turned out to action-packed with respect to the cryptocurrency market and the global economy in general. Undergoing a massive crypto winter in 2018, the crypto market saw some recovery especially in Q2 2019. If we look at the year-to-date performance, the overall cryptocurrency market cap surged by 60%. Thanks to Bitcoin‘s performance giving 100% returns during the same period.Also, if we look at the traditional markets, they have performed beyond investors’ expectations....

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Apple Is Going to Launch Its Esports Mac in 2020

Apple esports Mac is taking over the gaming market with a high-end version of its popular line of laptops. Esports in recent years has seen an exponential rise. It has all the chances to become an official sport soon. Reports say that esports may also join the Olympics. Professional gaming is gaining traction and recognition. High schools and even colleges are already launching gaming clubs. This is a sign that this is another professional activity that many young people are going to go...

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Boeing Fires CEO as It Tries to Repair Reputation after 737 Max Mishap

As it tries to save itself from other disappointments, Boeing has fired its CEO Dennis Muilenburg. The decision was made necessary because of problems that stemmed from two separate incidents of fatal crashes of the Boeing 737 Max.The new Boeing CEO announcement caused BA stock to rise by 3% to $337.55 shortly after it was publicized. Regardless, prices are still down about 20% ever since the March 10 crash. The general consensus from much of Wall Street is that Boeing could have done a lot...

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Tesla Stock Hits $420: Elon Musk Seems to Have ‘Funding Secured’

Yesterday, before the market closing, a milestone event took place. Tesla stock reached $420 per share, which made a new record height for the company. Besides, this jump brought Tesla’s market cap to more than $75 billion.Reacting to Tesla stock growth, the company’s founder Elon Musk tweeted:Whoa … the stock is so high lol— Elon Musk (@elonmusk) December 23, 2019It is notable that last year when the price was about $379.57 per share, Elon Musk stated he had a buyer that would take Tesla...

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U.S. Stocks May Reverse Course by 50% in 2020

Joseph Davis who is the Vanguard Group Chief Investment Strategist and also its Chief Economist has said that stocks in the U.S. may reverse course by 50% in 2020. The strategist also asserted that the stocks also face the risk of being sold off in large moves by investors. Speaking to the sources, he said that:“Financial markets run the risk of getting ahead of themselves.”He pointed out that a 50% odds correction is more likely to occur than a 30% one. A correction in terms of percentage...

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Tesla Reaches Agreement with German Authority for Gigafactory Construction near Berlin

According to a recent report from Bloomberg, Tesla is making interesting strides with its car factory as it has now inched very close to erection. Per a statement from the Brandenburg state government, authorities have agreed to the terms of a contract between both parties, for the sale of land in Grunheide, a municipality close to the capital. The land near Berlin is 300 hectares large (741 acres) and will house the gigafactory that will be built by Tesla.Apart from the terms stipulated in...

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Stocks of Chipmaking Companies Emerge as Top Performers of the Decade

Over the last decade, specifically after the 2008 global economic recession, chipmakers have emerged as the best performing industry across sectors and regions. The latest industry report shows that the chipmaking industry witnessed a 377% growth in the last 10 years. This is double the growth of the S&P 500 during the same period.This shows that the semiconductor industry remains at the core of this rapidly changing technology. Despite new technologies like AI, blockchain, ML, and others...

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Google Acquires Game Developer Typhoon Studios to Boost Its Stadia Platform

Tech giant Google seems to be putting a special focus on boosting its Stadia games and entertainment platform. On Thursday, December 19, Google announced acquiring the Montreal-based game development platform Typhoon Studios.Typhoon is a very young platform that started just three years back. The Studio has scheduled its first and upcoming release dubbed “Journey to the Savage Planet” in January 2020. Besides, the title shall be available on multiple platforms. Also, it is very much likely...

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