SoftBank Is Cutting Its Alibaba Stake
SoftBank Group Corp is set to reduce its holding in Chinese e-commerce giant Alibaba, according to an analyst, as the Japanese tech titan focusses on unlisted companies and repurchases its shares. In the last quarter, SoftBank sold 20 million Alibaba shares and could sell even more shares in 2022.
Go Deeper (2 min read)Tesla's Gigafactory On Hold
Tesla revealed plans for its first Gigafactory in Europe near Berlin in late 2019, challenging Germany's conventional car industry titans Volkswagen and Daimler.
Go Deeper (2 min read)Louis Vuitton Scales Up Manufacturing In France
The luxury group's sales, as well as those of its rivals Kering and Richemont, have risen dramatically as a result of rising demand for European fashion and accessories.
Go Deeper (2 min read)Intercontinental Exchange: Growing Steadily
The Intercontinental Exchange (ICE) is a Fortune 500 corporation based in the United States that manages worldwide exchanges, clearing houses, and provides mortgage technology, data, and listing services.
Go Deeper (9 min read)Airbus' Engines Restart
After swinging to a record net profit of € 4.2 billion ($ 4.8 billion), Europe's largest aircraft business has reinstated its dividend for the first time in two years.
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Retail Traders Go Back To Large U.S. Stocks & ETFs
What changed in the last quarter was what retail investors were trading. They shied away from meme stocks, opting instead for more conservative exchange-traded funds.
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Thematic Investing Is Showing Cracks
According to a recent report from JPMorgan, the attractiveness of investing in thematic ETFs that target diverse topics like renewable energy, innovation in developing markets, robots and space exploration does not benefit the end investor in the long run.
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Markets Pressured By Uncertainty
Tensions are heating up as Russia massed an estimated 100,000 troops along Ukraine's border, encircling the country from the north, east, and south.
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Estée Lauder, The Beauty Giant
The company was founded by Estée and Joseph Lauder in 1946 in New York. They started by selling only basic oils and skin solutions and opened their first department store account with Saks Fifth Avenue in Manhattan in 1948.
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Texas, Arizona, Utah And Idaho Recovered All Jobs Lost
The states benefited from demographic changes before and throughout the pandemic, with large payroll increases in the retail, warehousing, technology, and transportation industries.
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A Look Beneath The Surface
The stock market's start to 2022 has been fragile, as evidenced by the sell-off in several stocks. Last week, U.S. equities fell for the second week in a row, pushing the S&P 500 and Nasdaq down 2.2% and 4.8%, respectively. Some equities and sectors have fallen even faster.
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