September 30, 2022
Volkswagen is well-positioned to fund its electrification strategy, its finance chief said on Thursday, as it reaped around 9.6 billion euros ($9.30 billion) from the IPO of Porsche and with a possible listing of its battery unit on the cards. The carmaker was sticking to […]
September 30, 2022
Bitcoin edged higher to remain above US$19,000 in early Friday morning trading in Asia, after fluctuating around that resistance level all week. Ether dipped, while XRP led the gainers among the cryptocurrency top 10 by market capitalization. Fast facts Bitcoin rose 0.7% in the past […]
September 29, 2022
Apple (AAPL) is pulling away from iPhone 14 production, retreating from plans to increase manufacturing by 6 million units, according to a report by Bloomberg. Apple hasn’t confirmed the report, but if true, this would put Apple’s iPhone production in line with last year, at […]
September 29, 2022
Netflix (NFLX) shares soared on Wednesday after Atlantic Equities upgraded the stock from Neutral to Overweight, citing upside potential in the streaming giant’s upcoming ad-supported tier. Analyst Hamilton Faber raised his price target to $283 from $211, surmising that the ad rollout “could be extremely material.” He added […]