Tag Archives: equity

Bonds Rebound; Asia Stocks, U.S. Equity Futures Up: Markets Wrap

TipRanks Billionaire Steven Cohen Picks Up These 3 “Strong Buy” Stocks Last week, the NASDAQ slipped below 13,200, making the net loss from its all-time peak, reached earlier this month, 6.4%. If this trend keeps up, the index will slip into correction territory, a loss of 10% from its peak. So what exactly is going on? At bottom, it’s mixed signals. The COVID-19 pandemic is starting to fade and the economy is starting to reopen – strong positives that should boost markets. But an… Source link

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Exclusive: Ant investor Boyu Capital targets $6 billion for new private equity fund

By Kane Wu HONG KONG (Reuters) – Chinese private equity firm Boyu Capital, an investor in Chinese technology titans including billionaire Jack Ma’s Ant Group, is raising a new, China-focused fund targeting as much as $6 billion, three people with knowledge of the matter said. Its fifth and largest U.S. dollar-denominated fund is likely to close in the near term, said one of the people, who declined to be identified as the information is confidential. Boyu did not immediately respond to a… Source link

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Apple announces racial equity and justice initiatives as part of $100 million program

Apple CEO Tim Cook, right, chats with an attendee at the Steve Jobs Theater during an event to announce new products Tuesday, Sept. 10, 2019, in Cupertino, Calif. (AP Photo/Tony Avelar) Apple (AAPL) on Wednesday announced a slew of investments as part of a $100 million initiative to combat racial inequity and injustice. The moves, part of the company’s Racial Equity and Justice Initiative (REJI), includes a $25 million contribution to the Propel Center, an innovation and learning hub for… Source link

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