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Chinese e-commerce firm Shein’s IPO plans hit roadblocks in Europe – shareandstocks.com
As online fast-fashion retailer Shein ramps up its pre–IPO charm offensive in Britain, pushback is growing too from Europe‘s retail industry and lawmakers. As citizens of 27 countries vote in European Union elections, European manufacturers of fabric, clothes, leather goods and shoes this week called on future EU policymakers to protect the 1.5 million jobs in the sector from low-cost products being…
Blog Post: Day 20 of $QQQ short term up-trend; Thank you for attending my presentation to the Boston IBD Meetup last night, recording is coming to all who registered. See my TC2000 Scan.
I am sorry that only the first 500 attendees coud listen to me live. Still, all who registered will be receiving the free recording. It was an exciting experience. Last night I introduced the attendees to my Blue Dot of Happiness indicator. I neglected to say that my great stock buddy, Judy, had suggested that…
Axis Bank Q4 Preview: PAT may fall 3% YoY on weak loan growth
Private lender Axis Bank is likely to report mid single-digit growth in its net interest income during the fourth quarter even as profitability is likely to be muted. Net interest income during the January-March 2024 period is seen rising 5% year-on-year (YoY), according to an average estimate of five brokerages. Meanwhile, the PAT estimates ranged…
Trump administration asks federal agencies to terminate diversity roles By Reuters
By Kanishka Singh WASHINGTON (Reuters) – U.S. President Donald Trump’s administration asked U.S. federal agencies on Friday to terminate roles and offices related to diversity, equity and inclusion programs, a memo circulated by the Office of Personnel Management showed. WHY IT’S IMPORTANT Trump, a Republican, has issued a series of executive orders seeking to dismantle…
TSX Today: What to Watch for in Stocks on Friday, August 29
Even with rising commodity prices and stronger-than-expected U.S. GDP (gross domestic product) data for the second quarter, the Canadian stock market remained volatile on Thursday as investors continued to assess fresh bank earnings and global economic signals. Despite climbing by nearly 100 points in intraday trading, the S&P/TSX Composite Index ended the session with a…
Data center end-market electrification investments to hit $191b annually by 2030 By Investing.com
Investing.com — As the AI revolution drives significant growth in data center infrastructure, electrification investments in this sector are projected to reach $191 billion annually by 2030, according to UBS. The figure represents a nearly 16% annual growth rate from 2023 levels, underscoring the immense demands placed on power systems by advancing AI technologies. The bank…