FlowBank
en

980 days ago

The 'worst stock bet' goes to Tencent with $170B wipeout

China's unprecedented crackdown on technology has cause many companies to lose an important share of their market capitalization, but Tencent is the biggest loser this month, as shares tumbled 23% in July as of Wednesday, erasing a $170 billion market value. Nine of the top 10 losers in shareholder value this month are Chinese companies, including Meituan and Alibaba Group Holding Ltd. Source: Yahoo Finance, Bloomberg

#Stocks #Technology
The 'worst stock bet' goes to Tencent with $170B wipeout

980 days ago

SoftBank said to offer $2.1 billion Uber stake via Goldman

SoftBank Group Corp. is selling $2.1 billion of its stake in Uber Technologies Inc. in a block trade through Goldman Sachs. It aims to sell 45 million shares with a price range of $44.15 to $46.14. Source: Bloomberg

#Stocks

980 days ago

Hyundai Motor will invest $1 billion in EV partnerships
Hyundai Motor Group and LG Energy Solution said on Thursday they would set up a joint venture in Indonesia to establish a battery cell plant for electric vehicles, investing $1.1 billion for an equal share of the business. The joint venture will help Hyundai Motor Co and its sister company Kia Corp secure a stable supply of electric vehicle batteries at a competitive price for their battery electric vehicles. Source: Reuters, Yahoo Finance
#Stocks
Hyundai Motor will invest $1 billion in EV partnerships

981 days ago

Tesla has already beaten its 2019 deliveries in H1 2021

While Tesla had just missed its half a million cars sold in 2020 by only 450 vehicles, the have already beaten their total sales of 2019 with that of the first half of 2021. Having already sold 386,050 vehicles, they have just beaten 2019 (367,500 cars sold) in half a year only. Source: Statista, Tesla 

#Stocks #Technology
Tesla has already beaten its 2019 deliveries in H1 2021

981 days ago

Workday falls after Amazon ends deal for HR software

Workday Inc. shares fell the most in eight months on news that Amazon.com Inc. stopped using its human resources software which sent shares down as much as 7.8%. Source: Bloomberg

#Stocks
More live news
bg_newsletter

Client Positioning


CFDs are complex instruments and are not suitable for everyone as they can rapidly trigger losses that exceed your deposits. You should consider whether you understand how CFDs work. Please see our Risk Disclosure Notice so you can fully understand the risks involved and whether you can afford to take the risk.


This website is owned and operated by FlowBank S.A, a company regulated by the Swiss Financial Market Supervisory Authority (FINMA) and a member of esisuisse. The list of banks and securities firms authorized by FINMA can be accessed here. Depositor protection in Switzerland is provided by esissuisse for a maximum of CHF 100,000.- per client. Details concerning this protection system are explained at www.esisuisse.ch/en

FlowBank is affiliated with the Swiss Banking Ombudsman. Therefore, if you wish to initiate a mediation procedure with the Swiss Banking Ombudsman after your complaint to FlowBank, please contact the Ombudsman according to the instructions provided on its website: https://bankingombudsman.ch/en/

 

The information on this site is not directed at residents of the United States, Belgium, Canada, or any person in any country or jurisdiction where such distribution or use would be contrary to local laws or regulations.

 

Trading Forex and other leveraged products carries high risks and may not be apt for everyone. Before you consider trading these instruments please assess your experience, goals, and financial situation. You could lose your initial investment, so don't use funds you can't afford to lose or that are essential for personal or family needs. You can consult a licensed financial advisor and ensure you have the risk tolerance and experience.


Apple, iPad, and iPhone are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc.

FlowBank S.A, Esplanade de Pont-Rouge 9, 1211 Geneva 26, Switzerland
FlowBank S.A, Seidengasse 20, 8001 Zurich, Switzerland