Stocks 52 week high

(CTN News) – As the U.S. carmaker ramped up production which had been hit by Shanghai’s Covid-19 lockdown in June, Tesla achieved its highest monthly sales of Chinese-made vehicles since opening its Shanghai plant in 2019. The China Passenger Car Association reported that Tesla sold 78,906 China-made vehicles in June, including 968 for export. It sold 32,165 vehicles and exported 22,340 in May. Cui Dongshu, CPCA secretary-general, said Tesla also achieved the highest monthly output at its Shanghai plant in June. Tesla’s new factories in Berlin and Texas struggled to increase production after covid restrictions in Shanghai in the April-June quarter. Musk had urged staff to work harder after China’s zero-Covid lockdown caused deeper disruptions to output than he had anticipated at the end of the “very tough” quarter. Model 3s and Model Ys are produced at the Shanghai plant, which reopened on April 19. China’s passenger car sales rose 22% in June from a … [Read more...] about Tesla Sells A Record-High Number Of China-Made Vehicles In June

Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × The National Stock Exchange has added two more stocks to its F&O ban list for August 8 after the scrips crossed 95 percent of the market-wide position limit. Delta Corp and Balrampur Chini Mills are the latest to be added in the list, which saw high short build-up on last Friday. In fact, both were among the top five stocks in the short build-up list. Casino gaming company Delta Corp closed with 0.2 percent loss at Rs 194.55, continuing downtrend and forming a Gravestone Doji kind of pattern on daily charts on Friday following three bearish candles in previous three consecutive sessions, while sugar company Balrampur Chini Mills lost 3.8 percent to Rs 350.65 on Friday, forming large bearish candles with above-average volumes for three straight sessions. Escorts Kubota is already … [Read more...] about NSE adds two more stocks to F&O ban list for Monday

Japanese technology investment firm SoftBank Group Corp. lost more than $23 billion dollars in the second quarter of 2022, according to The Wall Street Journal. The massive losses have already led to a pivot in investment strategy, with subsidiary Vision Fund approving only $600 million in new investments during the first quarter, $20 billion less than the same time last year, according to Reuters . In conjunction with a slowdown in investments, Chief Executive Officer Masayoshi Son announced that there would be significant cost cuts, including layoffs, the WSJ reported. (RELATED: ‘Market Crash’: Robinhood Announces More Layoffs As Crypto Trading Tanks) “I have no choice but to cut a significant number of employees at the Vision Fund,” he said at a press conference according to the WSJ. He said the company needed to undergo “cost cuts with no sacred cows.” SoftBank’s technology stocks have fallen from inflationary pressures and rising interest rates from central banks … [Read more...] about High-Profile Investment Firm Suffers $23 Billion Loss On Big Tech

Share to Twitter Share to Linkedin If you’re like me, then you have multiple subscriptions to several different streaming platforms—which are all constantly adding new movies. Which begs the question each successive week: What do I watch? For me, it helps to have all of those new films in one place. So in this article, I’ll run through the biggest new movies on major stream platforms, such as Netflix NFLX , Amazon AMZN Prime, Hulu, HBO, Disney+, Apple AAPL TV+, Peacock, and Paramount+. At the end of the article, you can find a full list of all the new films available to stream this week. Sonic the Hedgehog 2 (Amazon Prime) After settling in Green Hills, Sonic is eager to prove that he has what it takes to be a true hero. His test comes when Dr. Robotnik returns with a new partner, Knuckles, in search of a mystical emerald that has the power to destroy civilizations. Sonic teams up with his own sidekick, Tails, and together they … [Read more...] about The Best New Movies And Shows To Stream On Netflix, Hulu, Amazon, HBO, Apple TV+, Paramount+ And Disney+ This Week

Share to Twitter Share to Linkedin (AP Photo/Susan Walsh, File) Jack Ma, the billionaire founder of Alibaba, has come under fire for his views on the controversial practice known as "996." This number refers to Ma’s belief that everyone in his company should happily work from 9 a.m. to 9 p.m., six days a week. From his earliest days in the late '90s, Ma preached to a small scrappy group of employees that they must emulate the “hard-working spirit of Silicon Valley” to compete against them. “If we go to work at 8 a.m. and go home at 5 p.m., this is not a high-tech company.” His message is the same today: "I personally think that 996 is a huge blessing," he said. "How do you achieve the success you want without paying extra effort and time?" Ma added that the real 996 is not overtime work. He declared that everyone does have the right to choose. However, that option may be frowned upon in the eyes of management. He chastises those who … [Read more...] about Jack Ma Is Criticized For Endorsing 12-Hour Days, Six Days A Week — But He’s Right About One Thing

- A + A NEW YORK/BENGALURU (Aug 8): The Nasdaq led US stock indexes higher on Monday, as a pullback in Treasury yields boosted megacap growth stocks after last week's blockbuster jobs data sparked a tech selloff on expectations of sharp rate hikes by the Federal Reserve. The focus this week will be on consumer prices data on Wednesday. The S&P 500 has bounced back 13% from its mid-June lows, but investors fear that signs of persistent inflation this week could further bolster the Fed's case for aggressive monetary policy tightening. "While it's clear the Fed needs to continue tightening policy, there are still about six weeks until the next meeting and we remind investors that economic data can change very quickly," said Robert Schein, chief investment officer at Blanke Schein Wealth Management. "The CPI data will help to confirm if the Fed's tightening efforts have been successful in starting to tame inflation or if continued Fed tightening is needed." … [Read more...] about Nasdaq rises over 1% as dip in yields supports megacaps

Share to Twitter Share to Linkedin So far, the announced $3.8 billion merger agreement between JetBlue and Spirit Airline s has not set the airline world on fire. The threat of the Department of Justice killing the deal because of competitive issues, along with the disastrous performance of all the airlines (more than 100,000 flights cancelled as of July 16) are leading concerns. Wall Street seems underwhelmed. JetBlue stock traded around $8.30 a share on August 1 when the deal was announced. It closed out the week at $8.68, near the bottom of its 52-week range of $7.87 to $16.64. To add insult to injury, prominent Wall Street airline industry analyst Helane Becker of Cowen reduced her price target for Jet Blue, from $14 to $10. Bank of America Securities kept a Hold rating on JetBlue witha price target of $10. Analyst consensus was a Hold with an average price target of $8.75, a seven-cent gain from today’s levels. Ouch. But could factors like … [Read more...] about Could Overlooked Factors Make The JetBlue/Spirit Merger A Success?

Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Even though the recent rally in the market has been broad-based, small-cap stocks have been outperforming their larger peers, hinting that investors see growth coming from smaller companies. Since June 20, 2022 when the market hit the most recent bottom, the BSE Smallcap index has rallied nearly 18 percent. In comparison, the BSE Sensex has gained 13 percent and the BSE Midcap 16 percent in the same period. A cursory glance at the data shows outperformance is not centred on a single sector but across industries. Nonetheless, some of the biggest gainers come from auto ancillaries, capital goods, chemicals, construction materials and realty, IT and healthcare. Stocks of these sectors are benefitting from recovery in economic activities and capital expenditure that they have planned. For … [Read more...] about Small names, big leaps: Analysts pin their hopes on small-caps to make money

On paper, a four-day workweek sounds great. Who wouldn’t want to work fewer hours for the same amount of money? Research from Henley Business School in the United Kingdom found that a four-day week could provide benefits to employers and employees alike, including improved work quality, less stress, and a heightened ability to attract and retain talent. advertisement advertisement But is it really what it’s cracked up to be? Not always, says Rebecca Brooks, founder and CEO of the Los Angeles-based marketing research firm Alter Agents . When COVID-19 hit, she and her team of 23 employees shifted to remote work, later opting to stay fully remote. Like most companies, Brooks says working from home was an adjustment. “There were lots of stressors,” she says. “Employees had personal things going on and there was a lot of chaos. We were trying to help our employees like protect their boundaries.” Brooks started reading about four-day workweek … [Read more...] about Why this company ditched its 4-day workweek

When considering investments for your 401(k), you might see options listed as “target-date” or “lifecycle” funds. These are actually the same type of fund. They're structured to minimize risk and maximize returns at a specific date. Target-date or lifecycle funds automate some aspects of portfolio management, and are ideal for investors who don’t want to actively manage their portfolio. So they're a popular option for 401(k) accounts. There are some downsides to these funds, however. In this article we’ll take you through the pros and cons of target-date or lifecycle funds. That way, you can better choose investments for your 401(k) portfolio. Target-date funds and lifecycle funds are the same type of fund. Target-date and lifecycle funds are designed to optimize your returns and minimize your risk by a target date. As the target date approaches, target-date, and lifecycle funds gradually make your portfolio more conservative. Many 401(k) investors favor … [Read more...] about Target-Date Funds vs. Lifecycle Funds