LIVE MARKETS-$18 trillion... gone!

China's Lenovo posts slowest revenue rise in 9 quarters on PC downturn

The paper loss of the stock investment of US $66.8 billion dragged down Berkshire's second-quarter net profit loss of US $43.8 billion. Alibaba has accelerated the development of the South East Asia market, and a Singapore consortium plans to build the 305-meter-high tallest building in Singapore.

LB Morning Call | Senate vote on tax and climate bill

WASHINGTON, Aug 6 (Reuters) - The U.S. Senate on Saturday began a vote to hold debate on a landmark $430 billion bill that would reduce carbon emissions that cause climate change, allow Medicare to negotiate lower prices on some drugs for the elderly, and ensure that corporations and wealthy Americans pay more taxes.

U.S. Senate begins vote to advance Democrats' $430 billion climate, tax and drug bill

Fed's Bowman: more 75 basis-point hikes should be on the table

Tesla shareholders meeting approved 1 share to split 3 shares. Musk expects Tesla to eventually have 10-12 gigafactories, expects annual production to reach 2 million by the end of this year, and may consider share buybacks. Meta plans to raise $10 billion in an initial bond offering.

LB Morning Call | Tesla may consider repurchasing, On to Friday's Jobs Report

U.S. stocks closed higher across the board, with the Nasdaq up 2.59%, big tech stocks collectively up, and Amazon up 4%. Anti-epidemic concept stocks rose sharply, Moderna rose 15.97%. Star Chinese concept stocks still plummeted to a circuit breaker during the session. Tesla develops a new version of the solar roof. Meta is considering its first debt financing. Electric rookie Lucid has had a dismal performance, slashing production forecasts for this year.

LB Morning Call | Tesla's Annual Meeting：Stock-Split Proposal Tops

U.S. stocks fell across the board, with Netflix down 2.12%. It is rumored that Tesla will develop its own recruitment software. Google's second-largest acquisition in history, the $5.4 billion acquisition of cyber security company Mandiant, was approved by the Department of Justice. AMD's second-quarter EPS fell sharply short of market expectations, falling more than 5% after hours.

LB Morning Call | 100 basis points Fed rate hike unlikely in September

Twitter queries banks on Musk's attempts to undermine $44 bln deal

Aug 1 (Reuters) -
* TD BANK NEAR MORE THAN $1B DEAL TO BUY COWEN - WALL STREET JOURNAL REPORTER TWEET Source text: https://bit.ly/3Jl4Enw

TD Bank Near More Than $1 Bln Deal To Buy Cowen - Wall Street Journal Reporter Tweet

The roster of once-and-future market leaders are showing their chops in tough times.

Why The Tech Titans’ Stocks Will Triumph Up Ahead

The market bears, especially those short, big tech stocks like MSFT, AMZN and AAPL had a rough week. After the prolonged decline there are more short positions likely to be squeezed says the Viper Report’s Tom Aspray but how much more can the bears take?

How Much More Pain Can The Stock Market Bears Take?

Xiaomi Auto will see simulation prototypes in September, followed by on-field and winter tests as scheduled, according to local media. The post Xiaomi's auto team numbers over 1,600, new progress expected in September, report says appeared first on CnEVPost. For more articles, please visit CnEVPost.

Xiaomi's auto team numbers over 1,600, new progress expected in September, report says

According to new research from Strategy Analytics, global smartphone shipments fell -7% YoY to 291 million units in Q2 2022.

Strategy Analytics: Apple Hits Best Second Quarter Global Smartphone Market Share in Ten Years in Q2 2022

品玩 7 月 29 日讯，据 EuroNews 报道，欧盟委员会正在考虑设立一个新的董事会，该董事会可能由两名反垄断高级官员领导，旨在执行严厉的新规定从而限制大型科技公司的权力。此前外界担忧欧盟竞争监管机构可能难以让 Alphabet 旗下谷歌公司、亚马逊、苹果、Meta 和微软等科技巨头遵守《数字市场法案》(Digital Markets Act)。设立新董事会可能会缓解外界这一担忧。这项具有里程碑意义的规定于今年 3 月达成，将于明年生效。他们将禁止这些公司将自己的产品设置为优先选项、迫使应用程序开发者使用他们的支付系统，并利用用户数据来推动竞争服务。据报道，欧盟委员会反垄断部门的新董事会可能由信息、通信和媒体主管 Alberto Bacchiega 领导，负责涉及科技、媒体和消费电子行业的反垄断和并购案件。Bacchiega 还可能得到电子商务和数据经济反垄断案件部门主管 Thomas Kramler 的协助，该部门目前正牵头调查苹果和亚马逊。据报道，这两位官员已经与欧盟委员会通信网络、内容和技术总局的官员保持联系，该局将共同执行《数字市场法案》。

欧盟考虑新设反垄断部门 有效执行《数字市场法案》

NASDAQ stock (NASDAQ: NDAQ) has gained 8.6% in the last week, outperforming the S&P 500 (down 0.4%). Further, the same trend was observed over the last ten days (12% vs 2.6%) and one month (8.6% vs 0.2%).

NASDAQ Stock Gained 9% In One Week, What’s Next?

July 27 (Reuters) - Maia Biotechnology Inc:
* MAIA BIOTECHNOLOGY ANNOUNCES PRICING OF INITIAL PUBLIC OFFERING
* SAYS INITIAL PUBLIC OFFERING OF 2.00 MILLION COMMON SHARES PRICED AT $5.00PER SHARE

Maia Biotechnology Announces Pricing Of Initial Public Offering Of 2.00 Million Common Shares Priced At $5.00 per Share

July 27 (Reuters) - MINISO Group Holding Ltd:
* MINISO GROUP HOLDING - DECIDED TO FORM AN INDEPENDENT COMMITTEE TO OVERSEE INDEPENDENT INVESTIGATION REGARDING ALLEGATIONS MADE IN A REPORT
* MINISO GROUP HOLDING -BELIEVES REPORT IS WITHOUT MERIT
* MINISO GROUP - CO'S BOARD OF DIRECTORS IS REVIEWING ALLEGATIONS & CONSIDERING APPROPRIATE COURSE OF ACTION TO PROTECT INTERESTS OF ALL SHAREHOLDERS

Miniso To Form Independent Committee To Oversee Investigation On Allegations Made In A Report

(Repeating item sent previously with no changes to text)

Wall St Week Ahead-Strong dollar looms over U.S. earnings season

Today we’re going to look at how we can play the market’s “fear gauge” for a 7.5% dividend that’s as steady as they come.

How To Turn Volatility Into A Safe 7.5% Dividend

The U.S. Federal Reserve is waging an intense fight against inflation, using interest rates as its primary weapon. That has a big effect on the housing market.

How the Fed's escalating fight against inflation is hitting the hot housing market

July 21 (Reuters) -
* AMAZON'S DRONE DELIVERY PROGRAM IS FURTHER BEHIND SCHEDULE AS REGULATORS RAISE QUESTIONS ABOUT NEW CRASHES - INSIDER Source text: https://bit.ly/3IUOkK1 Further company coverage:((reuters.briefs@thomsonreuters.com;))

Amazon's Drone Delivery Program Is Further Behind Schedule As Regulators Raise Questions About New Crashes - Insider

品玩 7 月 21 日讯，今日，由百度与央视新闻联合举办的 2022 百度世界大会在线上召开。大会上，百度最新 AI 技术成果集中亮相，首发多个全球领先产品：基于自动驾驶技术的重大突破，百度发布无方向盘无人车 Apollo RT6，成本 25 万元，量产成本大幅降低至业界的 1/10；基于飞桨深度学习平台，百度在预训练大模型领域又取得了重大进展，并与中国航天共同发布全球首个航天领域的大模型。百度创始人、董事长兼首席执行官李彦宏在大会期间，分享了自动驾驶、智能交通、AIGC 等领域的最新观点。 图源：百度百度创始人、董事长兼首席执行官 李彦宏 “未来打无人车，要比现在打车便宜一半” 有观点认为，无人驾驶服务，是人类有史以来创造价值最大的颠覆式创新。作为全球最大的自动驾驶出行服务商，百度旗下自动驾驶出行服务平台 “萝卜快跑”，目前已进入 10 个城市，订单量已经累计超过了 100 万。百度发布没有方向盘的自动驾驶汽车 RT6，基于自动驾驶技术的重大突破，把无人车的成本，降低至业界的 1/10，和市面上的普通新能源车价格差不多。按计划，百度明年将在萝卜快跑平台使用 RT6，未来可以在全国部署上万辆。

李彦宏：百度将部署上万辆无方向盘汽车，成本仅行业十分之一

WASHINGTON, July 19 (Reuters) - A U.S. congressional leader on antitrust, Senator Amy Klobuchar, on Tuesday called for Congress to pass a bill to rein in Big Tech, as prospects of it becoming law seemed to be dimming.

U.S. senator seeks passage of Big Tech antitrust bill as time runs short

July 19 (Reuters) - Chinese authorities are preparing to impose a fine of more than $1 billion on ride-hailing firm Didi Global (DIDIY.PK) that could bring an end to a probe into the company’s cybersecurity practices, the Wall Street Journal reported on Tuesday.

Chinese regulators to fine Didi more than $1 billion over data breaches - WSJ

Tesla EV sales gaining momentum in Australia - chair

Twitter claims Musk is 'slow-walking' trial over $44 bln deal

July 18 (Reuters) - Netflix Inc:

NETFLIX SAYS FROM NEXT MONTH, WILL LAUNCH AN ALTERNATIVE “ADD A HOME” FEATURE IN ARGENTINA, DOMINICAN REPUBLIC, EL SALVADOR, GUATEMALA, AND HONDURAS
NETFLIX -TO USE ACCOUNT IN ADDITIONAL HOMES CUSTOMERS TO PAY EXTRA OF 219 PESOS PER MONTH PER HOME IN ARGENTINA; $2.99 PER MONTH PER HOME IN DOMINICAN REPUBLIC,HONDURAS EL SALVADOR AND GUATEMALA Source text - here Further company coverage:

Netflix To Charge Extra To use account in additional homes In 5 LATAM Countries

Wall St Week Ahead-Recession fears loom over U.S. value stocks

LONDON, July 17 (Reuters) - Boeingis “very close” to restarting deliveries of its 787 aircraft, Commercial Airplanes CEO Stan Deal said on Sunday.

Boeing says 'very close' to restarting 787 deliveries

TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, including Levi's and Palo Alto Networks

Wall Street's top analysts say these stocks can generate the best long-term returns

NIO wanted to make sure it could provide a good experience for its users before deciding to enter a new overseas market, but some users may not be able to wait any longer. The post NIO's global expansion: Demands of under-the-radar owners underscore urgency appeared first on CnEVPost. For more articles, please visit CnEVPost.

NIO's global expansion: Demands of under-the-radar owners underscore urgency

Here are the most likely outperformers and underperformers in July.

S&P 500 Stocks To Trade In July

Boeing cuts 20-year industrywide outlook for planes

Judge in Twitter v. Musk made rare ruling: ordering a deal to close

July 13 (Reuters) - Berkshire Hathaway Inc (BRKa.N) , run by Warren Buffett, said it has this week purchased another 4.3 million shares of Occidental Petroleum Corp, giving it a 19.2% stake in the oil company.
In a U.S. Securities and Exchange Commission filing on Wednesday, Berkshire said it spent about $250 million on the additional shares, giving it ownership of about 179.4 million Occidental common shares worth approximately $10.4 billion.

Buffett's Berkshire owns 19.2% of Occidental Petroleum after new purchases

Alibaba rose 0.68%, NetEase rose nearly 1%, JD.com fell nearly 1%, BEKE、 Tencent Music fell more than 1%.Microsoft, Apple, Amazon, Google, Netflix and Meta falling less than 0.3%.

LB Pre-market | Microsoft to cut 1% of its workforce, Goldman Sachs take JD.com off its Conviction Buy List

The Information 的记者 Wayne Ma 今天发表了一篇深入的报告，详述了苹果在打造自动驾驶电动车方面的努力，包括技术上的挑战和自该项目大约八年前开始以来的几次领导层变动。报告称，该车的最新设计具有四个朝内的座椅，允许乘客彼此面对面交谈，同时还有一个类似于大众甲壳虫车顶的弧形车顶。苹果公司的设计师还在试验一种后备箱，可以自动升起以方便拿取东西，不使用时又自动降下，据说设计师们还讨论了可上升和下降的大型座椅靠背屏幕。 图源：The Infomation 苹果公司的前设计总监 Jony Ive 仍以顾问身份参与了该项目。Ive 于 2019 年离开苹果公司，创办了独立的设计公司 LoveFrom，他建议苹果汽车团队 “应该向车辆设计的怪异性倾斜，不要试图隐藏其传感器”。The Information 称，苹果公司的目标是获得美国国家公路交通安全管理局的豁免，以推出没有方向盘和刹车踏板的车辆。关于自动驾驶技术，据说苹果汽车团队已经精心制作了多个演示视频，向蒂姆 - 库克和其他高管展示。

苹果汽车设计目标曝光：无方向盘或刹车踏板，可自动驾驶

TOKYO, July 12 (Reuters) - U.S. Treasury Secretary Janet Yellen will emphasize the strength of the U.S. economy despite high inflation and a 1.6% annualized drop in first quarter gross domestic product when she meets with Japanese Finance Minister Shunichi Suzuki on Tuesday, a senior Treasury official told reporters.

Yellen sees U.S. economy as very strong despite inflation - senior official

Wall Street banks' Q2 trading revenue likely to surge, softening blow from deal slump

NIO bought back shares from strategic investors in Anhui twice, in 2020 and 2021, and there is no such thing as a future "gambling" failure, CEO William Li said. The post NIO CEO dismisses 'gambling agreement' with Hefei appeared first on CnEVPost. For more articles, please visit CnEVPost.

NIO CEO dismisses 'gambling agreement' with Hefei

(Changes sourcing, adds background and Twitter statement)

Twitter hires U.S. law firm Wachtell to sue Musk after pulling out of $44 bln deal - sources

In a filing with the Securities and Exchange Commission on Friday, July 8, 2022, Musk pulled out of the deal, citing several alleged material breaches of multiple provisions of the merger agreement by Twitter.

Let The Games Begin!

A look at the day ahead in markets from Sujata Rao

MORNING BID-No quiet end to the week, it's payrolls Friday

World stocks have erased $20 trln since January peaks

Investors fear earnings season will spark new equities selloff

July 6 (Reuters) -
* MERCK IS IN ADVANCED TALKS TO BUY SEAGEN - WSJ
* COMPANIES ARE DISCUSSING A PRICE FOR SEAGEN ABOVE $200 A SHARE - WSJ Source text: [https://on.wsj.com/3uu3tMa] Further company coverage:((reuters.briefs@thomsonreuters.com;))

Merck Is In Advanced Talks To Buy Seagen - WSJ

If all of NIO's battery swap stations start charging, a battery swap station providing 50 services per day could reach the break-even point, an executive previously said. The post NIO has provided 10 million battery swaps as it reaches 998 stations appeared first on CnEVPost. For more articles, please visit CnEVPost.

NIO has provided 10 million battery swaps as it reaches 998 stations

From January to June, BYD sold 641,350 NEVs, up 314.9 percent from 154,579 units in the same period last year. The post BYD posts record 134,036 NEV sales in June, exceeding 100,000 units for fourth consecutive month appeared first on CnEVPost. For more articles, please visit CnEVPost.

BYD posts record 134,036 NEV sales in June, exceeding 100,000 units for fourth consecutive month

Some 68% of chief financial officers expect a recession to occur during the first half of 2023, according to a CNBC survey. Here's how to prep your portfolio.