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Lukas Schmidt
Author: Lukas Schmidt
04:58am, Friday, Jun 21, 2024
Global Infrastructure Partners (GIP) confirmed BlackRock won't join the privatization of Malaysia Airports (MAHB) amid backlash over BlackRock's alleged Israel ties. GIP, alongside Khazanah Nasional, seeks to value MAHB at $3.9B. This move comes amid protests in Malaysia, a supporter of Palestini...
04:56am, Friday, Jun 21, 2024
Huawei tops tech strides: HarmonyOS now in 900M devices, ranks second in China. Huawei (SHENZHEN: 002502) achieves AI success, outpacing Western rivals. Sales of Harmony-equipped phones rise 68%. Watch this evolving tech giant's market impact. #Huawei #TechStocks #AI
04:52am, Friday, Jun 21, 2024
Paul Wick of Seligman Investments trims Nvidia (NVDA) stake, citing growth concerns. Nvidia, reliant on top 10 clients for 60-70% revenue, draws parallels with dot-com era Cisco. Despite AI-driven surge, long-term sustainability questioned. Keep Nvidia on watch.
03:16am, Thursday, Jun 20, 2024
Guzman Y Gomez (ASX: GYG) debuted on the Australian Stock Exchange with a 36% rise in share price, closing at AUS$30. The IPO raised AUS$335.1 million, boosting market capitalization to AUS$3 billion. Despite a net loss forecast for 2024, GYG plans aggressive store expansion.
03:11am, Thursday, Jun 20, 2024
Get a steady income with top S&P 500 dividend stocks. Altria (MO) offers an 8.8% yield but faces industry challenges. Verizon (VZ) delivers a stable 6.7% yield with potential growth. Walgreens (WBA) shows a 6.4% yield but comes with high risk. Choose wisely!
03:05am, Thursday, Jun 20, 2024
Nvidia (NVDA) vs. Broadcom (AVGO): Long-Term Investment Showdown
Choosing between Nvidia and Broadcom for a long-term investment hinges on understanding their strengths. Nvidia excels in GPU tech and AI growth, making it ideal for aggressive investors. Broadcom offers stability through its diver...
03:00am, Thursday, Jun 20, 2024
McDonald's (NYSE: MCD) ends its AI voice ordering tech partnership with IBM (NYSE: IBM) and plans to implement a new solution by year’s end. This move highlights potential growth for SoundHound AI (NASDAQ: SOUN), which already has successful engagements in the QSR sector. Investors eyeing SoundHo...
05:18am, Wednesday, Jun 19, 2024
Warren Buffett's Berkshire Hathaway increases its stake in Occidental Petroleum (NYSE: OXY) to nearly 29%, purchasing an additional 7.3 million shares. Occidental's stock gains 1%, now trading above $61. Berkshire's oil asset investments now approach $43 billion. Read more at StockInvest.us.
05:13am, Wednesday, Jun 19, 2024
Trump Media & Technology Group (TMTG) shares nosedive 15% following SEC approval for warrant swaps, adding to a 36% monthly decline. The move, meant to raise up to $247M, dilutes shareholder value, triggering market volatility. CEO Nunes remains optimistic despite pressures.
05:10am, Wednesday, Jun 19, 2024
Just Eat Takeaway (AMS: TKWY) partners with Amazon (NASDAQ: AMZN) to offer free delivery for Prime members in Germany, Austria, and Spain on orders over 15 euros. This strategic move could boost Just Eat's market position and enhance Amazon Prime's appeal.
04:51am, Tuesday, Jun 18, 2024
Shell (LON: SHEL) to acquire Singapore's Pavilion Energy from Temasek, enhancing its LNG portfolio with significant new volumes and operational flexibility. The deal includes 6.5 mtpa supply contracts, regasification capacities in Europe and Singapore, and LNG bunkering. Completion is expected by...
04:44am, Tuesday, Jun 18, 2024
Fisker (OTC: FSRN) files for bankruptcy protection, struggling with cash burn and delivery issues of its "Ocean" SUVs. The company seeks asset sale and restructuring. Alongside other EV makers, Fisker faces supply chain crises, regulatory scrutiny, and halted manufacturing.
04:39am, Tuesday, Jun 18, 2024
Blackstone (NYSE: BX) to acquire Infocom (TSE: 4348) for $1.74 billion, driving Japanese M&A to a record $35.5 billion in 2023. Infocom’s stock soars, Teijin (TSE: 3401) to offload 58% stake, netting 105 billion yen. This landmark deal underscores Japan’s growing appeal to global investors.
06:20am, Monday, Jun 17, 2024
Tempus AI, Inc. (NASDAQ: TEM) announces its IPO, offering 11.1M shares at $37 each, targeting $410.7M gross. Underwriters have a 30-day option for an additional 1.67M shares. Trading starts June 14, 2024, on Nasdaq under "TEM". Lead underwriters: Morgan Stanley, J.P. Morgan, Allen & Company.
06:17am, Monday, Jun 17, 2024
Shares of SoFi Technologies (NASDAQ: SOFI) are down 74% from their peak, but have surged 48% since early 2023. Despite strong competition and a focus on personal loans, SoFi's digital-only strategy, impressive growth, and recent profitability make it an enticing buy. Evaluate both bearish and bul...
