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Xiaomi, once dubbed the 'Apple of China,' has lost 40% of its value since its IPO last yearThe company's six-month lockup period following its IPO just expired, ushering in a wave of sales by early investors. Like $BABA the $AMZN of China are both new to some accountability.
Source: CNBC - 🏆 12. / 72 Read more »
US-China trade talks; Xiaomi shares plunge; Fed minutesToday’s top business headlines before the opening bell: - Wall Street rises on optimism about trade talks - Apple CEO wants focus to be on happy customers - Sears reaches deal to remain open — for now - ‘Bird Box’ is a hit for Netflix Thank GOD Trump is our President! Wow on Bias news.
Source: CNN - 🏆 4. / 95 Read more »
Breakingviews - Xiaomi's grand plan gets market reckoning(Reuters Breakingviews) - Xiaomi’s big vision just got a market reckoning. A gri...
Source: Reuters - 🏆 2. / 97 Read more »
JPMORGAN: These 2 charts show a blistering stock market rebound is just getting startedJPMorgan quant guru Marko Kolanovic says the stock market has gotten oversold. The firm provides two charts that show a sharp rally could be coming. Staaaph
Source: BusinessInsider - 🏆 729. / 51 Read more »
Uber CEO Says Market Turmoil Won’t Derail IPO PlansUber was internally on track to list this year, Dara Khosrowshahi said, having previously said he expected to seek a debut in the second half of 2019 in what would be one of the biggest public offerings planned for the year. TSA by day. Uber and Dog Walkers at night. TSA and Border Patrol were being arrested long before the shutdown with hundreds of them failing at their job before they were scrambling to pay their bills. What happens now? In this context, the use of the word 'lure' is so significant. This is a man trying to get rich by creating something that will pay millions of people next to nothing. Jeff Bezos on wheels. So these guys are there praying and chanting for a recession ?
Source: WSJ - 🏆 98. / 63 Read more »