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Report: Huawei Looks Outside US For Solar Parts
Friday, June 7, 2019 - 12:30pm | 188Huawei will find alternative suppliers for components it now buys in the United States after the Trump administration placed the manufacturer on a trade blacklist, reports Nikkei Asian Review. "We use American parts for some older-model products," said Tony Xu, head of Huawei's smart...
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Tesla, Panasonic Pull Back On Gigafactory Investments
Thursday, April 11, 2019 - 8:37am | 323Wall Street’s fears over weakening Tesla Inc (NASDAQ: TSLA) demand are dampening progress. What To Know According to Nikkei, Panasonic has suspended its investment in Tesla’s Shanghai plant and will instead provide mere technical support and batteries from Gigafactory 1. At the same...
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5 Stocks To Consider Going Long On As Asian Markets Flirt With Record Highs
Thursday, November 9, 2017 - 1:37pm | 1564On Nov 9, Asia's stocks gave up some of their early gains after breaching a decade-old record, early in the trading session. The Nikkei 225 also raced passed its highest level in nearly 25 years before ending the day lower, likely due to profit taking. Despite a slightly underwhelming outcome...
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Japan ETFs In Focus As Nikkei Soars
Friday, October 13, 2017 - 12:15pm | 1351Japan's benchmark stock index Nikkei soared to a 21-year high owing to positive economic data, relatively low valuations, strong earnings and improved sentiment in the United States. The index increased 0.3% to its highest close since December 1996. This is expected to boost prime minister...
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Japan Markets Drop; Nikkei Down Over 300 Points
Tuesday, November 1, 2016 - 11:57pm | 244Japanese stock markets opened lower on Wednesday. The Nikkei 225 dropped 1.79 percent, or 312.90 points to 17,129.50, and the TOPIX declined 1.96 percent, or 27.3 points to 1,365.87. The U.S. Federal Open Market Committee is scheduled to announce its policy decision later in the day. The Fed...
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Asian, European Stocks Gain Ground As Brent Crude Tops The $50 Mark
Thursday, May 26, 2016 - 8:15am | 227Asian stocks closed mostly higher during Thursday's trading session on no notable news and heading into a long weekend in the United States. India's Mumbai Sensex index was a notable outperformer as some of the country's largest companies reported positive earnings which boosted investor confidence...
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Asian Stocks Mostly Higher On 'Limited News Flow,' European Stocks Follow The Lead
Wednesday, May 25, 2016 - 8:28am | 289Asian stocks closed mostly higher on Wednesday after U.S. equities posted strong gains on Tuesday. "Asian markets have had limited news flow to deal with today," Chris Weston, chief market strategist at spreadbetter IG told CNBC. "The bold moves [today] are a reflection of the belief that the...
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Nikkei: Apple Will Continue Reduced Production Of iPhones
Friday, April 15, 2016 - 3:38pm | 471Shares of Apple Inc. (NASDAQ: AAPL) and its suppliers are in the red after a Nikkei report said Apple is extending the iPhone production cut for another quarter. Cuptertino, California-based Apple "will continue its reduced production of iPhones in the April-June period in light of sluggish sales...
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4 Reasons For Tuesday Night's Huge Sell-Off In S&P 500 Futures
Wednesday, April 1, 2015 - 11:22am | 297In a report published Wednesday, analysts at JPMorgan discussed the sell-off in S&P 500 futures on Tuesday night and offered four potential explanations. About 2.5 billion futures traded in a 15-minute period on Tuesday with several stop-loss orders placed around 2048.5-2050 that were triggered...
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Benzinga's M&A Chatter for Tuesday April 8, 2014
Tuesday, April 8, 2014 - 4:57pm | 232The following are the M&A deals, rumors and chatter circulating on Wall Street for Monday April 7, 2014: Xerox Acquires Smart Data The Deal:Xerox (NYSE: XRX) announced Tuesday the acquisition of Smart Data Consulting, a provider of technology consulting and e-discovery services to legal,...
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Top Trending Tickers On StockTwits For March 14
Friday, March 14, 2014 - 9:40am | 747Here's a look at the top tickers trending on StockTwits.com. Teva Pharmaceutical: CEO hosts UK and Israeli leaders Teva Pharmaceuticals (NASDAQ: TEVA) announced a collaboration between Teva and the United Kingdom Government's National Health Service National Institute for Health Research (NIHR)...
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Market Wrap For February 7: Jobs Report Not Great, But Not Too Bad
Friday, February 7, 2014 - 5:36pm | 3052U.S. stocks rallied for the second straight day, ending a tumultuous week on a positive note as investors found more positives than negatives in today's job reports. "It was bad, but not that bad," an investment officer at Wells Fargo told CNBC. "We've made some progress here, we still think we...
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Top Trending Tickers On StockTwits For February 4
Tuesday, February 4, 2014 - 10:43am | 758Here's a look at the top tickers trending on StockTwits.com S&P 500 ETF: Pre-market data point to opening rebound Prior to today's market open, the S&P 500 futures were trading higher by 0.4 percent with the SPDR S&P 500 ETF (NYSE: SPY) matching the gains. The Nasdaq 100 futures were...
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#PreMarket Primer: Thursday, January 16: Another Triple-Digit Day
Thursday, January 16, 2014 - 8:12am | 794Positive earnings propelled the major U.S. Indices higher yesterday and markets around the world are mixed this morning. The Dow ended up nearly three-quarters of a percent to close at 16,481.94. The S&P gained about 0.5 percent to finish at 1,848.38, and the NASDAQ saw the largest gains of...
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#PreMarket Primer: Monday, January 6: Asia Plunges
Monday, January 6, 2014 - 8:17am | 671Record cold temperatures are gripping much of the nation but expect the U.S. markets to return to business as usual this week now that the holiday season is over. Investors will watch Washington as the monthly jobs report hits the market Friday as well as minutes from the Federal Reserve’s most...