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January 28, 2022

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EXCLUSIVE Tencent plans to take U.S.-listed streaming firm DouYu private -sources

Reuters
People walk past a booth of live-streaming platform Douyu at the ChinaJoy digital entertainment expo in Shanghai, China July 28, 2016. REUTERS/Stringer/File Photo Register now for FREE unlimited access to Reuters.com Register Jan 27 (Reuters) – Tencent Holdings Ltd (0700.HK) plans to take DouYu International Holdings Ltd private amid disagreements......

Apple teases metaverse AR plans, stock jumps

Reuters
Silhouette of mobile user is seen next to a screen projection of Apple logo in this picture illustration taken March 28, 2018. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register NEW YORK, Jan 27 (Reuters) – Apple Inc teased its metaverse ambitions on Thursday as CEO......

Apple sales and profit top estimates as hit from chip shortages eases

Reuters
Pedestrians walk past an Apple store as Apple Inc. reports fourth quarter earnings in Washington, U.S., January 27, 2022. REUTERS/Joshua Roberts Register now for FREE unlimited access to Reuters.com Register Jan 27 (Reuters) – Apple Inc (AAPL.O) is overcoming the costly global shortage in computer chips, posting record sales over......

Robinhood posts $423 mln net loss, shares sink after hours

Reuters
Robinhood logo is seen on a smartphone in front of a displayed same logo in this illustration taken, July 2, 2021. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Jan 27 (Reuters) – Commission-free brokerage Robinhood Markets Inc (HOOD.O)on Thursday posted a $423 million net loss in......

America Movil dips on pay TV permit snag, minor impact seen

Reuters
The logo of America Movil is pictured on the wall at a reception area in the company’s corporate offices, in Mexico City, Mexico January 25, 2022. REUTERS/Gustavo Graf/File Photo Register now for FREE unlimited access to Reuters.com Register MEXICO CITY, Jan 27 (Reuters) – Shares of Mexican telecoms giant America......

Visa profit beats quarterly estimates on higher spending

Reuters
A Visa credit card is seen on a computer keyboard in this picture illustration taken September 6, 2017. REUTERS/Philippe Wojazer/Illustration Register now for FREE unlimited access to Reuters.com Register NEW YORK, Jan 27 (Reuters) – Visa Inc (V.N) beat Wall Street quarterly estimates on Thursday as improving consumer sentiment, online......

U.S. retail investors kept buying stocks on Fed day -analysts

Reuters
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 26, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register NEW YORK/MILAN, Jan 27 (Reuters) – Retail investors bought a net of $1.66 billion in equities on Wednesday when......

Court dismisses claims Robinhood wrongly restricted “meme stock” trades

Reuters
The logo of Robinhood Markets, Inc. is seen at a pop-up event on Wall Street after the company’s IPO in New York City, U.S., July 29, 2021. REUTERS/Andrew Kelly/File Photo Register now for FREE unlimited access to Reuters.com Register Jan 27 (Reuters) – A U.S. federal court on Thursday dismissed......

Stellantis set to repay state-backed Italian loan early, sources say

Reuters
Workers install a flag with the logo of Stellantis, the world’s fourth-largest automaker which starts trading in Milan and Paris after Fiat Chrysler and Peugeot maker PSA finalised their merger, at the main entrance of FCA Mirafiori plant in Turin, Italy, January 18, 2021. REUTERS/Massimo Pinca Register now for FREE......

Stellantis eyes greater stake of GAC JV in Chinese overhaul

Reuters
The logo of Stellantis is seen in this image provided on November 9, 2020. Communication FCA /Handout via REUTERS/File Photo Register now for FREE unlimited access to Reuters.com Register Stellantis says stake in JV would increase to 75% GAC says no formal agreement agreement signed JV produces Jeep-branded vehicle in......

Shipper MSC wants lead role in deal for ITA Airways – papers

Reuters
The MSC logo is pictured on working helmet during a press visit of the MSC Meraviglia class ship at the STX Les Chantiers de l’Atlantique shipyard site in Saint-Nazaire, France, September 2, 2016. REUTERS/Stephane Mahe Register now for FREE unlimited access to Reuters.com Register ROME, Jan 27 (Reuters) – Shipping......

Norway wealth fund earns second-highest return in 2021

Reuters
A general view of the Norwegian central bank, where Norway’s sovereign wealth fund is situated, in Oslo, Norway, March 6, 2018. REUTERS/Gwladys Fouche/File Photo Register now for FREE unlimited access to Reuters.com Register OSLO, Jan 27 (Reuters) – Norway’s sovereign wealth fund, the world’s largest, earned a return on investment......

Samsung Elec sees tech device recovery in 2022, more supply chain challenges

Reuters
The logo of Samsung Electronics is seen at its office building in Seoul, South Korea South Korea, October 11, 2017. REUTERS/Kim Hong-Ji Register now for FREE unlimited access to Reuters.com Register SEOUL, Jan 27 (Reuters) – Samsung Electronics Co Ltd (005930.KS) on Thursday forecast a recovery in global tech device......

Ackman’s Pershing Square takes new position in Netflix

Reuters
Bill Ackman, CEO of Pershing Square Capital, speaks at the Wall Street Journal Digital Conference in Laguna Beach, California, U.S., October 17, 2017. REUTERS/Mike Blake/File Photo Register now for FREE unlimited access to Reuters.com Register BOSTON, Jan 26 (Reuters) – Billionaire investor William Ackman has built a new stake in......

Tesla sees Cybertruck production delayed to 2023

Reuters
Tesla’s Cybertruck is displayed at Manhattan’s Meatpacking District in New York City, U.S., May 8, 2021. REUTERS/Jeenah Moon Register now for FREE unlimited access to Reuters.com Register Jan 26 (Reuters) – Tesla Inc (TSLA.O) will delay production of its much-awaited Cybertruck, aiming to start in 2023, the company said on......

Intel posts record fourth-quarter revenue, misses on earnings forecast

Reuters
The Intel Corporation logo is seen on a display in a store in Manhattan, New York City, U.S., November 24, 2021. REUTERS/Andrew Kelly/File Photo Register now for FREE unlimited access to Reuters.com Register Jan 26 (Reuters) – Chipmaker Intel Corp posted record fourth-quarter revenue, but forecast first-quarter earnings short of......

Tesla sees supply chain issues throughout 2022 after record earnings

Reuters
SAN FRANCISCO, Jan 26 (Reuters) – Tesla Inc (TSLA.O) on Wednesday expected supply chain issues to continue through this year, after posting record quarterly revenue that beat Wall Street estimates. The stock fell 2.7% in after-hours trading. Revenue rose to $17.72 billion in the fourth quarter, from $10.74 billion a......

Nasdaq profit tops Street views on IPO surge, investment products demand

Reuters
The Nasdaq logo is displayed at the Nasdaq Market site in Times Square in New York City, U.S., December 3, 2021. REUTERS/Jeenah Moon Register now for FREE unlimited access to Reuters.com Register Jan 26 (Reuters) – Nasdaq Inc (NDAQ.O) on Wednesday reported a nearly 16% jump in fourth-quarter profit, topping......

Intel scores major win as court scraps $1.2 bln EU antitrust fine

Reuters
Jan 26 (Reuters) – Intel on Wednesday won its fight against a 1.06-billion-euro ($1.2 billion) EU antitrust fine that the U.S. chipmaker was handed 12 years ago for stifling a rival, in a major setback for EU antitrust regulators. The judgment by Europe’s second-top court in support of Intel’s arguments......

Nasdaq futures jump 2% after Microsoft’s strong forecast; Fed decision looms

Reuters
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 25, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register Microsoft, Texas Instruments climb on strong outlook All eyes on Fed’s policy decision at 2 p.m. ET Futures up:......

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