Monthly Archives: July 2022
Tech Stocks Slide on Trimmed Forecasts
Written on July 25, 2022 at 1:28 am, by 王建军
Stocks of Apple slid 2% to $147.07 on Monday as the world’s most valuable company announced that it would be slowing hiring and spending growth in 2023 as recession concerns hit the market. Alphabet stock is also down over 2%, a week after it announced that Google would slow hiring for the remainder of 2022.Continue Reading
Will the ECB Hike Rates by 25 or 50 Points?
Written on July 21, 2022 at 6:38 am, by 王建军
At 15:15 (GMT+3) on Wednesday, the European Central Bank will be making its interest rate decision. The central bank is expected to hike rates, the first time it will do so in 11 years. For the past 8 years, interest rates in the EU have been negative – but rampaging inflation has made the EuropeanContinue Reading
Musk Kills Twitter Deal
Written on July 18, 2022 at 1:13 am, by 王建军
Elon Musk has pulled out of a protracted and tumultuous bid to purchase social media platform Twitter, making the announcement through an SEC filing. The deal was first proposed by Musk after he revealed that he had accumulated over 9% of Twitter earlier this year. Should the deal have gone through, Musk would be payingContinue Reading
