LewisTsePuiLung JPMorgan Chase’s (NYSE:JPM) chief global markets strategist Marko Kolanovic is planning to leave the bank, Bloomberg News reported on Wednesday, citing an internal memo it obtained. Kolanovic is perhaps infamously known for his conflicting stock-market calls over the past two years which have differed significantly from Wall Street’s actualContinue Reading
chachamal Asia-Pacific equity markets mostly rose on Wednesday, tracking gains on Wall Street overnight, as major US technology stocks pushed the S&P 500 and Nasdaq Composite to new record closes. Japan (NKY:IND) +1.26%. Japan’s PMI was revised lower to 49.4 in June from preliminary data. China (SHCOMP) -0.49%. A privateContinue Reading
Beam Global (NASDAQ:BEEM) announces record Q2 new orders of $10.6 million, up 128% Y/Y, with over half of U.S. orders from new customers. The company’s new orders from U.S. commercial business in Q2 increased 66% Y/Y. In Europe, Beam Global shipped its first EV ARC™ systems to Cyprus for theContinue Reading
S&P Global (NYSE:SPGI) on Thursday said it has elected Martina Cheung, current president of S&P Global Ratings, to succeed Douglas Peterson as president and CEO, effective November 1, 2024. The company added that Cheung has been appointed as a member of the board, effective July 1, 2024. Peterson will remainContinue Reading
MoreISO Toyota (NYSE:TM) global vehicle sales were down 2% in May year-over-year to 888,491, reflecting a significant decline in sales within Japan for its Toyota brand. This is the fourth consecutive month of year-over-year decline in sales. In the U.S., Toyota (TM) sales were up 15.7% led by sales ofContinue Reading
skynesher/E+ via Getty Images Lantheus Holdings (NASDAQ:LNTH) Thursday announced its acquisition of the global rights of Life Molecular Imaging’s RM2, targeting the gastrin-releasing peptide receptor, including the associated novel, clinical-stage radiotherapeutic and radiodiagnostic pair. This acquisition strengthens Lantheus’ (LNTH) presence in prostate cancer and expands its pipeline to include breastContinue Reading
buzbuzzer/E+ via Getty Images Global Net Lease (NYSE:GNL) disposed a portfolio of nine cold storage properties that are currently leased to subsidiaries of Americold Realty Trust (COLD) for $170M, at a 7.88% cash cap rate on 3.3 years of weighted average remaining lease-term. The disposition aligns with the company’s FYContinue Reading
Robert Way Luckin Coffee is preparing to enter Malaysia in partnership with a local franchisee, according to media reports in Asia. The coffee chain operator has a goal to grow rapidly over the next five years as part of its broad global strategy. Luckin Coffee (OTCPK:LKNCY) has been looking atContinue Reading
Hamilton, Bermuda, June 26th, 2024, Chainwire HashKey Global achieved profitability within its first two months of launch and has entered the top 10 of global exchanges on CoinGecko’s rankings at the time of this release, becoming one of the fastest-growing licensed exchange globally in 2024. HashKey Global has seen significantContinue Reading
da-kuk/E+ via Getty Images London (UKX) +0.55% Germany (DAX:IND) +0.85% The GfK Consumer Climate Indicator for Germany dropped to -21.8 heading into July 2024. France (CAC:IND) +0.41% The consumer confidence indicator in France fell to 89 in June 2024. The pan-European Stoxx 600 (STOXX) moved 0.61% higher, bouncing back fromContinue Reading
