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Month: December 2022

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  • Peloton offers refurbished bikes

Peloton offers refurbished bikes

The company disappointed investors last month. Peloton Interactive Inc., which last month let investors down by forecasting a weaker holiday season, has started selling refurbished bikes for up to $500…

A Chinese lithium company sees 25% price cut.

Lithium has already overcome a two-year surge this month. According to a Chinese battery metal supplier, lithium will become more affordable in 2023, possibly bringing some respite to electric car…

The fall in Singapore tech stocks intensifies.

Grab and Sea shares are down over 50% each this year. The two largest internet companies in Singapore are losing a combined $110 billion in market value as a result…

IQCent Review

Overview IQCent provides more than 100 products, including binary options, CFDs on cryptocurrencies, and FX. By providing a variety of technical and fundamental research tools on its trading platform, the…

Investment in electric cars rises

The amount of investment indicates the ability to solve industry problems. By the end of this year, total investments in vehicle charging installations and equipment will total $62 billion, up…

Tough December for automakers

Omens for the Automotive Industry Tesla lost almost $219 billion in market value in December alone, almost as much as Toyota, the second-largest business by market capitalization, as a result…

Active managers will outperform the indices.

Bank of America Says We’re Moving to a More National Environment According to Bank of America strategists, active management will outperform indexing in 2019 as the market shifts from a…

Morgan Stanley will sell its stake in Alibaba.

Alibaba’s co-founder bids to sell about 8% of his stake. Joy Tsai stated that as he gradually moves his riches away from the e-commerce behemoth, he intends to sell most…

Elon Musk will stop selling Tesla shares.

The comments followed a $40 billion sale of the company’s shares. After selling about $40 billion worth of shares this year, largely to finance the acquisition of Twitter Inc., Tesla…

China’s chipmaking equipment imports fall

Chinese firms bought $2.3 billion worth of chip-making equipment. Due to a decline in the demand for electronics and new US export restrictions, China’s imports of computer chip-making equipment dropped…

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