-- Shares of Hong Kong-listed Chinese electric vehicle stocks rose on Tuesday, led chiefly by a sharp rally in Li Auto Inc (HK:2015) (NASDAQ:LI) after the firm clocked stronger-than-expected earnings in the fourth quarter. Shares of the EV maker jumped nearly 20% to HK$166.30- their highest level since August 2023. The stock was the top...
Inflation is a hidden tax on the common people and is something you need to understand and be positioned accordingly as both an investor/citizen moving into the near future.Imagine the value of your life’s work cutting in half every 15 hours,at no fault of your own,this is what happened during the worst case of hyperinflation...
Industrial production in Japan was up a seasonally adjusted 2.8 percent on month in May, the Ministry of Economy, Trade and Industry said on Friday. That beat forecasts for an increase of 2.0 percent following the 0.9 percent contraction in April. On a yearly basis, industrial production was up 0.3 percent. Upon the release of...
After recording losses in the previous two sessions, the Canadian market ended on a positive note on Thursday despite paring a substantial portion of its intraday gains. The benchmark S&P/TSX Composite Index, which climbed about 210 points to 23,336.93, settled at 23,227.49, gaining 100.51 points or 0.43%. Canadian Imperial Bank of Commerce (CM.TO) rallied 5.5%...
Police in Australia, in collaboration with blockchain analytics firm Chainalysis, have uncovered a massive crypto scam targeting Australian citizens. Over 2,000 compromised digital wallets were identified as part of their worldwide operation to combat cryptocurrency fraud. The collaborative effort focused on dismantling a global criminal network that employed a sophisticated phishing tactic to defraud victims...
On Wednesday, Evercore ISI adjusted its price target for Casey\'s General Stores (NASDAQ:CASY), reducing it slightly from $345.00 to $342.00, while maintaining an Outperform rating on the stock. The adjustment follows the company\'s third-quarter financial results, which showed strong sales growth and customer traffic increases. Casey\'s General Stores reported a solid increase in their inside...
An alarming report from Tether’s CEO, Paolo Ardoino, confirmed that a major vendor managing mailing lists for various crypto companies had been compromised. This breach has potentially exposed sensitive information, leading to fraudulent emails suggesting crypto-airdrops. As multiple thought leaders have claimed, this breach poses a significant threat to security and trust within the crypto...
Bayan Resources Tbk (BYAN), the biggest coal mining company in Indonesia, spends IDR 306.16 billion on the improvement of hauling road for coal logistics for one of its subsidiaries, PT Fajar Sakti Prima (FSP). The distribution route improvement includes road paving for hauling road for coals spanning 93.4 kilometres (km), as well as side dump...
Recruiter.com Group (NASDAQ:RCRT), a prominent player in the recruitment industry, announced a significant leadership change earlier this week. On Monday, the company confirmed the appointment of Granger Whitelaw as its new Chief Executive Officer and President, following the resignation of Miles Jennings from these roles on March 7, 2024. Jennings, however, will maintain his involvement...
Fast-food pizza chain Domino’s (NYSE:DPZ) will be reporting results tomorrow before market open. Here\'s what to look for. Last quarter Domino\'s reported revenues of $1.03 billion, down 3.9% year on year, missing analyst expectations by 2%. It was a weak quarter for the company, with a miss of analysts\' revenue estimates. Is Domino\'s buy or...