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Xiaomi’s grand plan gets market reckoningAfter Apple warned of weakness in China, Lei Jun’s $33 bln smartphone maker lost a quarter of its market value. The end of a post-IPO freeze on share sales also hurt. It’s time for Xiaomi to tone down “new species” talk and keep proving it can sell more handsets internationally.
Source: Breakingviews - 🏆 470. / 51 Read more »
Xiaomi’s grand plan gets market reckoningAfter Apple warned of weakness in China, Lei Jun’s $33 bln smartphone maker lost a quarter of its market value. The end of a post-IPO freeze on share sales also hurt. It’s time for Xiaomi to tone down “new species” talk and keep proving it can sell more handsets internationally.
Source: Breakingviews - 🏆 470. / 51 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 »