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The mystery is over: Warren Buffett's conglomerate, Berkshire Hathaway, has unveiled a substantial holding in insurer Chubb, lifting the veil on an investment that has been shrouded in secrecy since the previous year. Besides, Berkshire reduced its holdings in Apple in the first quarter, but it remains the company's top holding.
Chubb's Secret Unveiled: Jumped 4.71% on Thursday
Berkshire rarely seeks confidential treatm...
Chubb's Secret Unveiled: Jumped 4.71% on Thursday
Berkshire rarely seeks confidential treatm...
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Sea is set to release its first-quarter 2024 results on May 14. S&P Global data shows an expected USD 3.6 billion revenue, up 18.4% YoY, with EPS at USD 0.03, down 79.9% YoY.
Since April, analysts from Morgan Stanley, JPMorgan, and Bank of America have upgraded $Sea(SE.US$'s rating due to their positive outlook on the first quarter sales of its e-commerce platform Shopee and the growth of its key digital financ...
Since April, analysts from Morgan Stanley, JPMorgan, and Bank of America have upgraded $Sea(SE.US$'s rating due to their positive outlook on the first quarter sales of its e-commerce platform Shopee and the growth of its key digital financ...
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ColumnsAlibaba Earnings Preview: Will Alibaba's E-commerce and Cloud Business See A Turnaround In Q4?
Chinese e-commerce and cloud behemoth $Alibaba(BABA.US$ is set to report its Q4 FY24 results on May 14th. The report is expected to show only modest growth for the quarter, amid headwinds in the domestic e-commerce market and the company's cloud business seeing slow growth.
Consensus Estimates
● The company is projected to achieve a revenue of 219.83 billion CNY, representing a year-over-year increase...
Consensus Estimates
● The company is projected to achieve a revenue of 219.83 billion CNY, representing a year-over-year increase...
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$Taiwan Semiconductor(TSM.US$ saw the volume on its $150 call options explode after the world's largest contract chipmaker reported an almost 60% jump in net revenue in April, fueling optimism over the prospects of the company and the rest of the industry.
The stock surged 5% to $149.865 at 12:02 p.m. in New York Friday. The rally ignited trading on call options that give the holder the right to buy shares at $150 ea...
The stock surged 5% to $149.865 at 12:02 p.m. in New York Friday. The rally ignited trading on call options that give the holder the right to buy shares at $150 ea...
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Shortly after the close the $S&P 500 Index(.SPX.US$ traded flat, the $Dow Jones Industrial Average(.DJI.US$ traded +0.46%, and the $Nasdaq Composite Index(.IXIC.US$ fell about 0.21%. About 7,100 equities fell for the day while just 5,600 climbed.
MACRO
Federal Reserve Bank of Boston President Susan Collins spoke at an MIT event Wednesday, where she signaled interest rates will likely need to be held at a two-decade high for longer...
MACRO
Federal Reserve Bank of Boston President Susan Collins spoke at an MIT event Wednesday, where she signaled interest rates will likely need to be held at a two-decade high for longer...
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Morning Movers
Gapping up
$Hims & Hers Health(HIMS.US$ Shares jumped 14% as the telehealth consultation platform, Hims & Hers Health, forecasted second-quarter revenue that outstripped estimates. The company expects revenue to be between $292 million and $297 million, surpassing the LSEG consensus estimate of $288 million. Additionally, their first-quarter performance also beat expectations.
$Gap Inc(GPS.US$ The apparel retai...
Gapping up
$Hims & Hers Health(HIMS.US$ Shares jumped 14% as the telehealth consultation platform, Hims & Hers Health, forecasted second-quarter revenue that outstripped estimates. The company expects revenue to be between $292 million and $297 million, surpassing the LSEG consensus estimate of $288 million. Additionally, their first-quarter performance also beat expectations.
$Gap Inc(GPS.US$ The apparel retai...
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