
China-Based Funeral Company Shares Surge 80% Since November amid Spike in Covid Cases
China funeral facilitator Fu Shou Yuan saw its shares recently rally to 7.04 Hong Kong dollars after being down 40%.
China funeral facilitator Fu Shou Yuan saw its shares recently rally to 7.04 Hong Kong dollars after being down 40%.
Notably, the Federal Reserve and European Central Bank (ECB) have noted their intentions to increase interest rates.
Canaccord Genuity cut its Tesla shares price target from $304 to $275 citing “cosmically bad” public sentiment and a “distraught” shareholder base.
It is not clear how long the hiring freeze will last as the company is expanding its factories, which means it needs to bring in more employees.
FedEx said it is important to cut fiscal 2023 costs to align with weaker-than-expected volume.
Concerns that Elon Musk might further dilute his Tesla holdings to fund the Twitter acquisition have put the TSLA stock under a free fall.
The hearing on Tuesday focused on Meta’s acquisition of Within, a VR company that makes a fitness app dubbed Supernatural.
Yesterday, NIKE shares closed the trading session at $103.21, or 0.16% up. After hours, NIKE shares added another 12.77% to reach $116.39. With a market cap of $161.481 billion, NIKE stock is still 38.08% down year-to-date.
Avatar: The Way of Water has brought Disney a revenue of $134 million at the domestic box office during its opening weekend, falling short of analysts’ expectations of $175 million and Disney’s forecast of between $135 million and $150 million.
Morgan Stanley’s analysts downgraded Silvergate stock from “equal weight” to “underweight” last week.
CoinShares believes that the change in trading venue to Nasdaq Stockholm will give them increased visibility and investor exposure.
The ripple effect of the bearish sentiment in the US stock market has also contributed to the encompassing slump in the digital currency ecosystem.
The new Mac Pro with an Apple Silicon chip could have had 48 CPU cores and 152 GPU cores.
Core Scientific experienced a four-day stock surge after one of its creditors offered to pull it out of its financial mess.
Online game creation system Roblox recently reported that its shares closed substantially lower following a weak November report update.