Newsfeeds - Spark Newswire

2 minute read

Why Alibaba’s Shares Are Sliding In Hong Kong Today While Tesla Chinese Rivals Strike Gains

Today, 2:52 PM

Shares of U.S.-listed Chinese tech companies traded mixed in Hong Kong on Monday, while Alibaba Group Holding Limited’s (NYSE: BABA) fall weighed on the benchmark Hang Seng Index.

BABA

1 minute read

Why Are SoftBank Shares Trading Lower Today?

By Anusuya Lahiri

Today, 2:52 PM

SoftBank Group Corp (OTC:SFTBF) (OTC:SFTBY) COO Marcelo Claure is in advanced negotiations to depart after clashing with founder Masayoshi…

SFTBF

1 minute read

Nvidia Quietly Looks To Dump Its Arm Ambitions

By Anusuya Lahiri

Today, 2:52 PM

NVIDIA Corp (NASDAQ:NVDA) is quietly preparing to abandon its purchase of Arm Ltd from SoftBank Group (OTC:SFTBY) (OTC:SFTBF) on bleak prospects…

GOOG

3 minute read

A Peek Into The Markets: US Stock Futures Higher Ahead Of JPMorgan, Citigroup Earnings

By Lisa Levin

Today, 2:52 PM

Pre-open movers

$DOGE

1 minute read

AI-Driven Asset Management Startup, Catapulted To Fame By Tesla Trades, Raises $146M From SoftBank

By Madhukumar Warrier

Today, 2:52 PM

Artificial intelligence-focused fintech group Qraft Technologies Inc. said it has received a $146 million investment from Japanese conglomerate SoftBank Group Corp. (OTC: SFTBY).

AMOM

2 minute read

Why Are DiDi Shares Trading Lower Premarket?

By Anusuya Lahiri

Today, 2:52 PM

DiDi Global Inc (NYSE: DIDI) has prohibited current and former employees from selling company shares indefinitely,

AAPL

1 minute read

Fintech Focus For December 21, 2021

By Renato Capelj

Today, 2:52 PM

One Big Thing In Fintech: The market for stablecoins experienced breakneck growth in 2021, with the supply for dollar-backed cryptocurrencies surging by 388%.

EFX

2 minute read

Cruise CEO Dan Ammann Fired By GM’s Mary Barra Amid Differences Over IPO Plans, Company Focus: Report

By Rachit Vats

Today, 2:52 PM

General Motors Co (NYSE: GM) CEO Mary Barra has dismissed self-driving subsidiary Cruise’s CEO Dan Ammann due to differences over the focus on the robotaxi unit, Bloomberg News