Financial news and actionable analysis
Alibaba yesterday listed it’s 500 million new stocks to Hong Kong raising almost 11.3 billion from the secondary listing that boosted stock investors confidence
Ride-sharing app company Uber has been told by the local transport regulator that its license to operate in London will not be renewed. Local regulator Transport for London (TfL) says a pattern of failures which placed passenger safety and security at significant risk was behind the decision. The company has...
Alibaba after a strong earnings report in November plans to issue 500 million new shares plus an additional 75 million “greenshoe” option next week.
Facebook (FB) will report Q3 earnings after the close of the trading session on October 30. Wall Street is looking for a 26% sales growth but just 8% earnings growth. Facebook share, has almost lost 8% since it reported Q2 earnings on July 24th, but still is more than 45%...
Amazon will share its Q3 earnings results on October 24, 2019, and it will be interesting to see if the report will be enough to end the downtrend in the share price. In mid-July, the share price peaked at $2034 per share and slid by approximately 13%, yet in the...
