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asia.nikkei.com/Spotlight/Electric-cars-in-China/China-s-NIO-to-receive-1.5bn-state-investment-as-EV-subsidies-fade The Shanghai-based, New York-listed company announced on Tuesday it has entered into a framework agreement with Beijing E-Town Capital to establish a new entity, NIO China, in the city’s … Read more
by ilikepancakez You literally can’t make this it up. How bad are your numbers when it’s better to just cancel the earnings call all together? via QZ: China’s electric vehicle maker … Read more
Purdue Pharma, accused of fostering the US opioid crisis with its drug OxyContin, filed for bankruptcy protection in a New York court, after a tentative settlement deal faced opposition from … Read more
via Lawrence McDonald: New Debt: $85B Stock Buybacks: $50B Dividends: $10B Net Income 2019: $53B 2015: $53B Shares Outstanding 2019: 4.6B 2015: 5.8B With @GerberKawasaki and @BearTrapsReport *Street eps estimates. … Read more
CrowdStrike Almost Doubles in Debut as Tech IPOs Rush Ahead more: yhoo.it/2WzT91u (Bloomberg) — Software maker CrowdStrike Holdings Inc. soared in its trading debut after raising $612 million in one of … Read more
www.cnbc.com/2019/05/25/microsoft-has-grown-more-than-a-basket-of-unicorns-since-2015.html Among private companies that were worth $1 billion or more in 2015, Twilio, Okta and Zscaler have produced some of the best returns. Uber, Pinterst and Snap haven’t done … Read more
via CNBC: Shortly after Apple slashed its revenue guidance for the first quarter, Goldman Sachs said the iPhone maker will likely have to bring down numbers for the full year. … Read more
HSBC downgrades Apple to hold from buy and cuts its 12-month price target to $200 from $205. Apple shares fall after the downgrade, which cites Apple’s dependence on a single … Read more
by Chris Black It’s the current year, and the unhinged left still cannot face the hard reality of a Donald Trump successful presidency. I didn’t mean it to rhyme, but … Read more
by stockboardasset A three-year-old Chinese artificial intelligence and robotics maker no one has heard of is quietly preparing to flood its array of robots across North America starting this month. Automation … Read more
A senior executive at Europe’s largest drug maker has admitted most prescription medicines don’t work for most people, it is reported. Allen Roses, of GlaxoSmithKline, is quoted in a national … Read more
A 60-pill bottle of the drug combo, Vimovo, cost $138 in 2013 when AstraZeneca sold it to Horizon. The bottle now costs $2,979 after Horizon raised the price on 11 … Read more
by: Mike Adams (Natural News) As yet more proof that the CDC functions as little more than an extension of the corrupt vaccine industry, CDC director Dr. Brenda Fitzgerald was forced … Read more
Intel warned Chinese firms about its infamous Meltdown and Spectre processor vulnerabilities before informing the US government, it has emerged. Select big customers – including Lenovo and Alibaba – learned … Read more
by: Earl Garcia (Natural News) A license agreement between Nestlé and Spanish biotech firm Biosearch SA will see the food giant using a breast milk probiotic strain in one of its … Read more
www.youtube.com/watch?v=yftHDJF8Qbk In a turn of events that likely shocks no one, British luxury cellphone manufacturer Vertu is shutting down operations. The last few years have not been kind to Vertu, … Read more