CNBC: Experts say Shein’s US IPO is all but dead
CNBC reports: China-founded e-commerce company Shein’s hopes of going public in the United States are growing ...
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
CNBC reports:
The S&P 500 opened at a record level on Thursday after blowout earnings results from two of the biggest tech companies in the world: Apple and Facebook.
The Dow Jones Industrial Average gained 140 points while the S&P 500 added 0.7% and notched a new intraday record. The tech-heavy Nasdaq Composite added 0.85% as a host of big-tech names rose across the board. Microsoft, Amazon and Alphabet all rose at least 0.5%.
Investors pointed to strong earnings results from both iPhone maker Apple and social media platform Facebook in explaining Thursday’s gains.
Apple said that sales jumped 54% during the quarter, with each product category seeing double-digit growth. The company also said it would increase its dividend by 7%, and authorized $90 billion in share buybacks…
To read the full post, please click here.
Comment on this article