Micron Sales Forecast Spurs Hope That Worst of Slump Is Over
Micron Technology Inc., the largest US maker of memory chips, gave a better forecast for the current quarter than some analysts had feared, sparking hope that…
Source: biztoc.com
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BYD's Net Income Jumps More Than 400% as EV Shift Takes Hold
BYD Co.’s profit more than quintupled last year after the Chinese automaker sold a record number of electric vehicles and stepped up its battle with Tesla…
Source: biztoc.com
Options Traders Make Record Bets on $3 Billion Regional-Bank ETF
A $3 billion exchange-traded fund tracking regional banks has become the battleground for traders placing their wagers on the outlook for the industry…
Source: biztoc.com
Kuwait Wealth Fund Sells €1.4 Billion of Mercedes Shares
The Kuwait Investment Authority launched a sale of about 20 million shares in Mercedes-Benz Group AG — roughly a quarter of its stake — after the carmaker’s…
Source: biztoc.com
Traders Go Long Treasuries After Hedge Funds Unwind Short Bets
Traders are leaning toward further gains in the world’s biggest bond market, after a rally that got a major boost from short-covering by hedge funds this…
Source: biztoc.com