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In 2023 returns on capital and operating profit margins were higher in the portfolio companies than in the past...
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Dynasty Trust benefited from diverse individual stock positions during the quarter. Click here to read the full fund letter...
Continue ReadingARK Invest added chip giant Qualcomm to two of its ETFs this week. Read more to see my recommendation on QCOM stock...
Continue ReadingBig techs led the market Wednesday. Microsoft flashed a buy signal, nearing Apple's valuation. The SEC approved Bitcoin ETFs. The CPI inflation report is due...
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Amazon will not offer concessions to E.U. regulators to clear its acquisition of iRobot...
Continue Reading(Bloomberg) -- Luxury conglomerate LVMH is in discussions with TikTok and its parent company ByteDance Ltd. on a plan for limiting counterfeit products sold on the popular video-sharing app.Most Read from BloombergAmazon’s Twitch to Cut 500 Employees, About 35% of StaffSEC Authorizes Bitcoin-Spot ETFs in Crypto’s BreakthroughSEC Says FBI Is Investigating Compromise of Agency’s X AccountBoeing CEO Fights Back Tears and Admits ‘Our Mistake’ in 737 AddressThe aim is to work together to achieve an “...
Continue ReadingAmazon is cutting hundreds of employees working at its Prime Video and MGM Studios, and the company's Twitch service separately announced steep job cuts on Wednesday...
Continue ReadingEmployees at Amazon's new fulfillment center in Sutton Coldfield, England, plan to strike, despite incoming pay hikes...
Continue ReadingIn the last quarter of 2023, Tesla Inc (NASDAQ: TSLA) lost the EV sales battle to BYD Company Limited (OTC: BYDDY), which is the first quarter that BYD sold more battery EVs than Tesla. Although Tesla still sold more EVs for the whole 2023 and met its goal of 1.8 million deliveries, its Japanese and South Korean rivals are also advancing on the EV front. South Korean Hyundai Motor Group (OTC: HYMTF) surpassed the legacy automakers General Motors (NYSE: GM) and Ford Motor (NYSE: F) in U.S. EV sal...
Continue ReadingPanasonic Holdings Corp (OTC: PCRFF) (OTC: PCRFY) and Amazon.Com Inc (NASDAQ: AMZN) have teamed up to create smart televisions, integrating Amazon's Fire TV streaming technology. The companies revealed the venture at the CES 2024 event in Las Vegas, featuring an OLED model set to launch in Japan and Europe this spring. Panasonic Entertainment & Communication, a subsidiary specializing in TVs and cameras, is collaborating with Amazon to develop the software for these TVs, the Nikkei Asia reports...
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