Category: Market News
Posts about news and announcements in the global economy and financial markets
Making Sense of Facebook’s Data Breach
Facebook’s in hot water over Cambridge Analytica’s improper use of its users data. We break down the story and broader implications. This information does not take into account your personal objec... Read More
Blockchain: What it is and Why it’s Important
The world of cryptocurrencies can be polarising and downright confusing. Our investment team has broken down the underlying technology behind the coins to help you make sense of the crypto craze. (Rea... Read More
Tencent and JD.com Steps Up its Battle with Alibaba
Tencent and JD.com agreed to invest US$863 million in Vipshop, an online retailer of branded products largely through flash sales. The following information does not take into account your personal ob... Read More
The Rise of Twitter
Twitter shares have risen sharply to over 54% to US$22.88 from all-time lows in March as the company reported stronger earnings and revenue growth of US$590 million in 3rd quarter 2017, beating consen... Read More
Snapchat Continues to Disappoint Investors
Snapchat continues to disappoint, missing investor’s expectations on revenue and user growth. Snap shares have fallen over 15% in the quarter to date. Could company plans to dramatically redesig... Read More
Tesla Disappoints on Model 3 Targets and Surprises with Roadster
Automaker, energy storage company and solar panel manufacturer, Tesla, has continued to disappoint investors as expected losses widened and manufacturing of its Model 3 sedan, its first mass market el... Read More
Corporate Activity in The Semiconductor Space Heats Up
New York based activist investor, Starboard Value announced that it had acquired a 10.7% interest in Mellanox Technologies and has urged the company to improve its profitability and explore a sale of ... Read More
NetEase to Expand Its E-commerce Business
NetEase, best known as one of China’s largest online gaming companies through titles such as Overwatch, is making a bid to expand its e-commerce business with plans to source US$11 billion of new in... Read More