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Alibaba Q1 Earnings Beat Estimates, Revenues Fall Y/Y
Article By:
Zacks Investment Research
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Sunday, August 7, 2022 11:27 AM EDT
Resurgence of COVID-19 in China remained a major headwind for the company during the reported quarter. Overall China Commerce segment delivered sluggish performance which was a negative.
Earnings And Pending Legislation Good For Pipelines
Article By:
Simon Lack
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Sunday, August 7, 2022 8:36 AM EDT
The Inflation Reduction Act of 2022 now looks likely to pass. Private equity managers once again retained their indefensible carried interest tax treatment, the price Senator Kyrsten Sinema oddly insisted on to secure her vote.
The Cost Of Mining Bitcoin In 198 Different Countries
Article By:
Jeff Desjardins
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Sunday, August 7, 2022 6:30 AM EDT
It takes an estimated 1,449 kilowatt hours (kWh) of energy to mine a single bitcoin. That’s the same amount of energy an average U.S. household consumes in approximately 13 years.
In this article: BITCOMP
Week In Review: Innovent Lands $305 Million Investment From Sanofi; Will Partner Two Candidates In China
Article By:
ChinaBio® Today
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Saturday, August 6, 2022 2:40 PM EDT
Suzhou Innovent Biologics will develop two Sanofi cancer candidates for China use in a complicated deal with money due to each company. Sanofi will initially invest $305 million in Innovent shares.
Jobless Claims Continue Their Relentless Climb
Article By:
New Deal Democrat
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Thursday, August 4, 2022 9:43 AM EDT
Initial jobless claims rose 6,000 to 260,000 last week. More importantly, the 4 week average, which has been rising relentlessly, rose another 6,000 as well to 254,750, an 8 month high.
Alaska Airlines Announces 185 Million Gallon Sustainable Aviation Fuel Deal With Gevo
Article By:
ESG Today
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Thursday, August 4, 2022 6:47 AM EDT
Alaska Airlines announced today its most significant sustainable aviation fuel commitment to date, with biofuel company Gevo. Under the new agreement, Gevo will deliver 37 million gallons of SAF per year for five years, starting in 2026.
Highest U.S. Mortgage Rates Since 2008 Sends Demand, New Home Prices Plunging
Article By:
Ironman
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Thursday, August 4, 2022 4:59 AM EDT
The relative affordability of new homes in the U.S. unexpectedly improved in June 2022. Unfortunately, the reason why it improved is the highest mortgage rates since November 2008 caused demand to plunge resulting in lower new home prices.
TD Buys Cowen, And Hopefully Its People Too
Article By:
Lipper Alpha Insight
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Wednesday, August 3, 2022 9:44 AM EDT
Investment banking takeovers are always about the people. Toronto-Dominion Bank executive Riaz Ahmed repeated this truism on Tuesday, as his employer announced it was buying U.S. boutique Cowen for $1.3 billion.
In this article: TD
Total Household Debt Hit A Record $16 Trillion In Q2
Article By:
SchiffGold
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Wednesday, August 3, 2022 8:36 AM EDT
Personal income from all sources adjusted for inflation — real income — fell for the second straight month in June and was down 1% on the year. But American consumers continue to spend. How can this be?
A Quick Look At The Semiconductor Industry: 30 Players Of Key Fields
Article By:
EqualOcean
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Wednesday, August 3, 2022 5:53 AM EDT
In the past 50 years, the breakthrough technologies of semiconductors have made electronic devices smaller, more stable and available, transforming our way of life and work thoroughly.
Will Eurozone Retail Sales Disappoint Amid Inflation Pressures?
Article By:
Admiral Markets
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Wednesday, August 3, 2022 4:15 AM EDT
Market expectations are not high ahead of the release of Eurozone Retail Sales today, as inflation and recession fears continue to pressure the bloc’s economy and investors are bracing for a tighter monetary policy.
In this article: EZU
Korea: Exports Grew Firmly In July, But Outlook Is Cloudy
Article By:
ING Economics
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Monday, August 1, 2022 4:15 AM EDT
Exports in July showed a solid gain on the back of solid demand for IT and automobiles, but the trade deficit widened as imports surged due to a rise in commodity prices. A weak business survey suggests a cloudy outlook for exports in the near term.
In this article: EWY