TOP 5 STOCKS TO WATCHOUT:-
1. #FACEBOOK-Facebook has taken down content that spread lies in Israel against coronavirus vaccinations as the government seeks to drum up support for the programme, the Justice Ministry said on Sunday.
Prime Minister Benjamin Netanyahu on Saturday became the first person to be vaccinated in Israel. Opinion polls show some two-thirds of the public want to follow suit.
The Justice Ministry said that, at its request, Facebook took down four groups at the weekend that had disseminated texts, photographs and videos with "deliberately mendacious content designed to mislead about coronavirus vaccines".
2. #HUAWEI-Huawei Chief Financial Officer Meng Wanzhou's alleged actions had "no genuine connection" to the United States, her lawyers have argued in their latest bid to end her extradition from Canada, according to court documents released on Friday.
Meng, 48, was arrested two years ago at the Vancouver airport by Canadian police on an arrest warrant from the United States, where she is charged with bank and wire fraud for allegedly misleading HSBC about Huawei Tech Co Ltd's business dealings in Iran.
She has claimed innocence and is fighting the extradition while under house arrest in Vancouver. Witness testimony wrapped up earlier this week in her case.
Her lawyers have fought to add an additional allegation of abuse of process to the case, claiming that the United States misrepresented Meng's actions to Canada in its request for her extradition, and that her actions did not cause HSBC to violate U.S. sanctions against Iran.
3.#SOFT BANK :- The U.S. unit of SoftBank-backed robotics startup CloudMinds has changed its name to distance itself from the blacklisted China-based firm, two people with knowledge of the matter said, and is selling face-scanning temperature monitors through T-Mobile US.
The unit is selling its cloud-connected products under the new name at a time of heightened concern in the United States about the national security risk of Chinese firms collecting and using the personal data of U.S. citizens.
Documents filed in California showed the unit became Wright Robotics in August, after the United States in May added CloudMinds to its so-called Entity List citing the risk of the firm procuring items and technology for China's military.
The United States can restrict sales to blacklisted firms of goods made domestically as well as goods made abroad containing U.S. technology.
It expanded the definition of military end-use in April to include any firm that supported the maintenance or production of military items even if they primarily did commercial business.
4. #TESLA :-Tesla Inc and Wall Street made 2020 the year that the U.S. auto industry decided to go electric.
Tesla's market capitalization surged above $600 billion, making the once wobbly startup founded by billionaire Elon Musk worth more than the five top-selling global vehicle making groups combined. The exclamation point came on Friday when Tesla rose to a record high in frantic trading ahead of the stock's much-anticipated entrance into the benchmark S&P 500 INDEX..
For 2021, all signs point toward the industry accelerating its shift toward electrification, a turning point as historically momentous as the launch of Ford Motor Co's moving assembly line for the Model T or General Motors 2009 bankruptcy.
5. #AMAZON:-The New Delhi High Court on Monday dismissed India's Future Retail's plea that sought to restrain its partner Amazon.com Inc from interfering in its $3.4 billion asset sale deal with Reliance Industries.
Amazon is locked in a bitter legal dispute with Future Group, which in August sold its retail assets to Mukesh Ambani-led #Reliance Industries. The deal breaches agreements made in 2019 by Future, according to the U.S. online retailer.
In October, Amazon had won an injunction to halt Future's deal with Reliance from a Singapore arbitrator both sides had agreed to use in case of disputes.
Future later said the order was not binding, prompting Amazon to lodge a complaint with India's market regulator
1. #FACEBOOK-Facebook has taken down content that spread lies in Israel against coronavirus vaccinations as the government seeks to drum up support for the programme, the Justice Ministry said on Sunday.
Prime Minister Benjamin Netanyahu on Saturday became the first person to be vaccinated in Israel. Opinion polls show some two-thirds of the public want to follow suit.
The Justice Ministry said that, at its request, Facebook took down four groups at the weekend that had disseminated texts, photographs and videos with "deliberately mendacious content designed to mislead about coronavirus vaccines".
2. #HUAWEI-Huawei Chief Financial Officer Meng Wanzhou's alleged actions had "no genuine connection" to the United States, her lawyers have argued in their latest bid to end her extradition from Canada, according to court documents released on Friday.
Meng, 48, was arrested two years ago at the Vancouver airport by Canadian police on an arrest warrant from the United States, where she is charged with bank and wire fraud for allegedly misleading HSBC about Huawei Tech Co Ltd's business dealings in Iran.
She has claimed innocence and is fighting the extradition while under house arrest in Vancouver. Witness testimony wrapped up earlier this week in her case.
Her lawyers have fought to add an additional allegation of abuse of process to the case, claiming that the United States misrepresented Meng's actions to Canada in its request for her extradition, and that her actions did not cause HSBC to violate U.S. sanctions against Iran.
3.#SOFT BANK :- The U.S. unit of SoftBank-backed robotics startup CloudMinds has changed its name to distance itself from the blacklisted China-based firm, two people with knowledge of the matter said, and is selling face-scanning temperature monitors through T-Mobile US.
The unit is selling its cloud-connected products under the new name at a time of heightened concern in the United States about the national security risk of Chinese firms collecting and using the personal data of U.S. citizens.
Documents filed in California showed the unit became Wright Robotics in August, after the United States in May added CloudMinds to its so-called Entity List citing the risk of the firm procuring items and technology for China's military.
The United States can restrict sales to blacklisted firms of goods made domestically as well as goods made abroad containing U.S. technology.
It expanded the definition of military end-use in April to include any firm that supported the maintenance or production of military items even if they primarily did commercial business.
4. #TESLA :-Tesla Inc and Wall Street made 2020 the year that the U.S. auto industry decided to go electric.
Tesla's market capitalization surged above $600 billion, making the once wobbly startup founded by billionaire Elon Musk worth more than the five top-selling global vehicle making groups combined. The exclamation point came on Friday when Tesla rose to a record high in frantic trading ahead of the stock's much-anticipated entrance into the benchmark S&P 500 INDEX..
For 2021, all signs point toward the industry accelerating its shift toward electrification, a turning point as historically momentous as the launch of Ford Motor Co's moving assembly line for the Model T or General Motors 2009 bankruptcy.
5. #AMAZON:-The New Delhi High Court on Monday dismissed India's Future Retail's plea that sought to restrain its partner Amazon.com Inc from interfering in its $3.4 billion asset sale deal with Reliance Industries.
Amazon is locked in a bitter legal dispute with Future Group, which in August sold its retail assets to Mukesh Ambani-led #Reliance Industries. The deal breaches agreements made in 2019 by Future, according to the U.S. online retailer.
In October, Amazon had won an injunction to halt Future's deal with Reliance from a Singapore arbitrator both sides had agreed to use in case of disputes.
Future later said the order was not binding, prompting Amazon to lodge a complaint with India's market regulator
TRADING IDEAS
#Google, #Facebook Agreed to Team Up on Antitrust Action
#Facebook Inc. and# Alphabet Inc.’s Google agreed to “cooperate and assist one another” if they ever faced an investigation into their pact to work together in online advertising, according to an unredacted version of a lawsuit filed by 10 states against Google last week.
The suit, as filed, cites internal company documents that were heavily redacted. The Wall Street Journal reviewed part of a recent draft version of the suit without redactions, which elaborated on findings and allegations in the court documents.
Ten Republican attorneys general, led by Texas, are alleging that the two companies cut a deal in September 2018 in which #Facebook agreed not to compete with Google’s online advertising tools in return for special treatment when it used them.
#Google used language from “Star Wars” as a code name for the deal, according to the lawsuit, which redacted the actual name. The draft version of the suit says it was known as “Jedi Blue.”
The lawsuit itself said #Google and #Facebook were aware that their agreement could trigger antitrust investigations and discussed how to deal with them, in a passage that is followed by significant redactions.
On technical fronts, #Facebook Inc. RSI stood at 45.57and currently stock is trading below all moving averages. So, a SELL position can be taken with the following target and stop-loss:
TRADE SIGNAL - :#Tesla (NASDAQ:TSLA) Inc. - SELL: 272.79, TARGET : 267.74, STOPLOSS : 278.81
On technical fronts, Alphabet Inc.’s #Google RSI stood at 46.8and currently stock is trading below 5 and 20 days MA and above 50 days MA. So, the BUY position can be taken with the following target and stop-loss:
TRADE SIGNAL - :#Alphabet Inc.’s Google- BUY: 1735.22, TARGET : 1748.91, STOPLOSS : 1700.00
#Google, #Facebook Agreed to Team Up on Antitrust Action
#Facebook Inc. and# Alphabet Inc.’s Google agreed to “cooperate and assist one another” if they ever faced an investigation into their pact to work together in online advertising, according to an unredacted version of a lawsuit filed by 10 states against Google last week.
The suit, as filed, cites internal company documents that were heavily redacted. The Wall Street Journal reviewed part of a recent draft version of the suit without redactions, which elaborated on findings and allegations in the court documents.
Ten Republican attorneys general, led by Texas, are alleging that the two companies cut a deal in September 2018 in which #Facebook agreed not to compete with Google’s online advertising tools in return for special treatment when it used them.
#Google used language from “Star Wars” as a code name for the deal, according to the lawsuit, which redacted the actual name. The draft version of the suit says it was known as “Jedi Blue.”
The lawsuit itself said #Google and #Facebook were aware that their agreement could trigger antitrust investigations and discussed how to deal with them, in a passage that is followed by significant redactions.
On technical fronts, #Facebook Inc. RSI stood at 45.57and currently stock is trading below all moving averages. So, a SELL position can be taken with the following target and stop-loss:
TRADE SIGNAL - :#Tesla (NASDAQ:TSLA) Inc. - SELL: 272.79, TARGET : 267.74, STOPLOSS : 278.81
On technical fronts, Alphabet Inc.’s #Google RSI stood at 46.8and currently stock is trading below 5 and 20 days MA and above 50 days MA. So, the BUY position can be taken with the following target and stop-loss:
TRADE SIGNAL - :#Alphabet Inc.’s Google- BUY: 1735.22, TARGET : 1748.91, STOPLOSS : 1700.00
TOP 5 STOCKS TO WATCHOUT:-
1.#Facebook:- Facebook Inc chief of advertising integrity, who handled the company's ad products around sensitive subjects such as politics and coronavirus misinformation, departed this week, according to an internal company post viewed by Reuters on Friday.
Rob Leathern, director of product management, said earlier this month on Facebook's internal network that he would be leaving the company on Dec. 30. His exit had not been previously reported.
Facebook could not immediately be reached for comment.
Leathern said in the post that he was "leaving Facebook to work on consumer privacy beyond just ads and social media," without disclosing where he was headed.
Leathern was often the public face of the company's controversial political advertising policies. Prior to the Nov. 3 U.S. election, Facebook was heavily criticized for allowing misleading claims and conspiracy theories to spread widely on its platforms.
2. #Sony :-Sony Corp said on Friday its PlayStation 5 (PS5) console will be launched in India in coming weeks as it tries to capitalise on the pandemic-driven boom in gaming.
"We are happy to announce that PS5 shall be launched in India on 2nd of February 2021," the Japanese firm tweeted from its PlayStation India Twitter handle.
Preorders for PS5 will begin on Jan 12 and will be available for orders at major retailers, including Amazon and Flipkart, the tech firm said.
Microsoft Corp launched two models of its Xbox gaming console in November, seven years after the debut of the previous version, while Sony launched its PS5 in core markets two days later
3.#Tencent:-Tencent's online games were removed and then reinstated on Huawei's app store on Friday in a dispute over revenue sharing by the Chinese companies.
Huawei was insisting on a 50% cut of Tencent's game sales on the app store and the Tencent games were removed because the companies had been unable to agree a deal, a Tencent source said.
Tencent sells some of the top-ranked online games worldwide while Huawei has a 41.4% share of the China mobile phone market and 14.9% of the global market, data from market researchers IDC and Canalys shows.
The games were reinstated on the app store after further negotiations, Tencent said, adding that "both sides will continue to work together to bring better experiences and services to consumers".
4. #AMAZON:-Amazon.com Inc said on Wednesday it would acquire podcast startup Wondery, aiming to beef up non-musical content on its Amazon Music app.
Earlier this month, the Wall Street Journal reported that the firms were in deal talks, pegging Wondery at a valuation of more than $300 million.
Amazon is relatiTechnology, which has been investing in big names in an effort to become the Netflix of audio content.
5.#LG:- Indonesia and a unit of South Korean firm LG Group have signed a memorandum of understanding (MOU) on a $9.8 billion electric vehicle (EV) battery investment deal, the head of Indonesia's Investment Coordinating Board said on Wednesday.
The deal was signed on Dec. 18 and includes investments across the EV supply chain.
An official at LG Energy Solution, a unit of LG Group, South Korea's fourth-largest conglomerate, confirmed it had agreed an MOU but could not provide details or the deal's value. LG Group in Seoul referred Reuters to its affiliate.
1.#Facebook:- Facebook Inc chief of advertising integrity, who handled the company's ad products around sensitive subjects such as politics and coronavirus misinformation, departed this week, according to an internal company post viewed by Reuters on Friday.
Rob Leathern, director of product management, said earlier this month on Facebook's internal network that he would be leaving the company on Dec. 30. His exit had not been previously reported.
Facebook could not immediately be reached for comment.
Leathern said in the post that he was "leaving Facebook to work on consumer privacy beyond just ads and social media," without disclosing where he was headed.
Leathern was often the public face of the company's controversial political advertising policies. Prior to the Nov. 3 U.S. election, Facebook was heavily criticized for allowing misleading claims and conspiracy theories to spread widely on its platforms.
2. #Sony :-Sony Corp said on Friday its PlayStation 5 (PS5) console will be launched in India in coming weeks as it tries to capitalise on the pandemic-driven boom in gaming.
"We are happy to announce that PS5 shall be launched in India on 2nd of February 2021," the Japanese firm tweeted from its PlayStation India Twitter handle.
Preorders for PS5 will begin on Jan 12 and will be available for orders at major retailers, including Amazon and Flipkart, the tech firm said.
Microsoft Corp launched two models of its Xbox gaming console in November, seven years after the debut of the previous version, while Sony launched its PS5 in core markets two days later
3.#Tencent:-Tencent's online games were removed and then reinstated on Huawei's app store on Friday in a dispute over revenue sharing by the Chinese companies.
Huawei was insisting on a 50% cut of Tencent's game sales on the app store and the Tencent games were removed because the companies had been unable to agree a deal, a Tencent source said.
Tencent sells some of the top-ranked online games worldwide while Huawei has a 41.4% share of the China mobile phone market and 14.9% of the global market, data from market researchers IDC and Canalys shows.
The games were reinstated on the app store after further negotiations, Tencent said, adding that "both sides will continue to work together to bring better experiences and services to consumers".
4. #AMAZON:-Amazon.com Inc said on Wednesday it would acquire podcast startup Wondery, aiming to beef up non-musical content on its Amazon Music app.
Earlier this month, the Wall Street Journal reported that the firms were in deal talks, pegging Wondery at a valuation of more than $300 million.
Amazon is relatiTechnology, which has been investing in big names in an effort to become the Netflix of audio content.
5.#LG:- Indonesia and a unit of South Korean firm LG Group have signed a memorandum of understanding (MOU) on a $9.8 billion electric vehicle (EV) battery investment deal, the head of Indonesia's Investment Coordinating Board said on Wednesday.
The deal was signed on Dec. 18 and includes investments across the EV supply chain.
An official at LG Energy Solution, a unit of LG Group, South Korea's fourth-largest conglomerate, confirmed it had agreed an MOU but could not provide details or the deal's value. LG Group in Seoul referred Reuters to its affiliate.
TOP 5 STOCKS TO WATCHOUT:-
1.#Facebook:- Facebook Inc chief of advertising integrity, who handled the company's ad products around sensitive subjects such as politics and coronavirus misinformation, departed this week, according to an internal company post viewed by Reuters on Friday.
Rob Leathern, director of product management, said earlier this month on Facebook's internal network that he would be leaving the company on Dec. 30. His exit had not been previously reported.
Facebook could not immediately be reached for comment.
Leathern said in the post that he was "leaving Facebook to work on consumer privacy beyond just ads and social media," without disclosing where he was headed.
Leathern was often the public face of the company's controversial political advertising policies. Prior to the Nov. 3 U.S. election, Facebook was heavily criticized for allowing misleading claims and conspiracy theories to spread widely on its platforms.
2. #Sony :-Sony Corp said on Friday its PlayStation 5 (PS5) console will be launched in India in coming weeks as it tries to capitalise on the pandemic-driven boom in gaming.
"We are happy to announce that PS5 shall be launched in India on 2nd of February 2021," the Japanese firm tweeted from its PlayStation India Twitter handle.
Preorders for PS5 will begin on Jan 12 and will be available for orders at major retailers, including Amazon and Flipkart, the tech firm said.
Microsoft Corp launched two models of its Xbox gaming console in November, seven years after the debut of the previous version, while Sony launched its PS5 in core markets two days later
3.#Tencent:-Tencent's online games were removed and then reinstated on Huawei's app store on Friday in a dispute over revenue sharing by the Chinese companies.
Huawei was insisting on a 50% cut of Tencent's game sales on the app store and the Tencent games were removed because the companies had been unable to agree a deal, a Tencent source said.
Tencent sells some of the top-ranked online games worldwide while Huawei has a 41.4% share of the China mobile phone market and 14.9% of the global market, data from market researchers IDC and Canalys shows.
The games were reinstated on the app store after further negotiations, Tencent said, adding that "both sides will continue to work together to bring better experiences and services to consumers".
4. #AMAZON:-Amazon.com Inc said on Wednesday it would acquire podcast startup Wondery, aiming to beef up non-musical content on its Amazon Music app.
Earlier this month, the Wall Street Journal reported that the firms were in deal talks, pegging Wondery at a valuation of more than $300 million.
Amazon is relatiTechnology, which has been investing in big names in an effort to become the Netflix of audio content.
5.#LG:- Indonesia and a unit of South Korean firm LG Group have signed a memorandum of understanding (MOU) on a $9.8 billion electric vehicle (EV) battery investment deal, the head of Indonesia's Investment Coordinating Board said on Wednesday.
The deal was signed on Dec. 18 and includes investments across the EV supply chain.
An official at LG Energy Solution, a unit of LG Group, South Korea's fourth-largest conglomerate, confirmed it had agreed an MOU but could not provide details or the deal's value. LG Group in Seoul referred Reuters to its affiliate.
1.#Facebook:- Facebook Inc chief of advertising integrity, who handled the company's ad products around sensitive subjects such as politics and coronavirus misinformation, departed this week, according to an internal company post viewed by Reuters on Friday.
Rob Leathern, director of product management, said earlier this month on Facebook's internal network that he would be leaving the company on Dec. 30. His exit had not been previously reported.
Facebook could not immediately be reached for comment.
Leathern said in the post that he was "leaving Facebook to work on consumer privacy beyond just ads and social media," without disclosing where he was headed.
Leathern was often the public face of the company's controversial political advertising policies. Prior to the Nov. 3 U.S. election, Facebook was heavily criticized for allowing misleading claims and conspiracy theories to spread widely on its platforms.
2. #Sony :-Sony Corp said on Friday its PlayStation 5 (PS5) console will be launched in India in coming weeks as it tries to capitalise on the pandemic-driven boom in gaming.
"We are happy to announce that PS5 shall be launched in India on 2nd of February 2021," the Japanese firm tweeted from its PlayStation India Twitter handle.
Preorders for PS5 will begin on Jan 12 and will be available for orders at major retailers, including Amazon and Flipkart, the tech firm said.
Microsoft Corp launched two models of its Xbox gaming console in November, seven years after the debut of the previous version, while Sony launched its PS5 in core markets two days later
3.#Tencent:-Tencent's online games were removed and then reinstated on Huawei's app store on Friday in a dispute over revenue sharing by the Chinese companies.
Huawei was insisting on a 50% cut of Tencent's game sales on the app store and the Tencent games were removed because the companies had been unable to agree a deal, a Tencent source said.
Tencent sells some of the top-ranked online games worldwide while Huawei has a 41.4% share of the China mobile phone market and 14.9% of the global market, data from market researchers IDC and Canalys shows.
The games were reinstated on the app store after further negotiations, Tencent said, adding that "both sides will continue to work together to bring better experiences and services to consumers".
4. #AMAZON:-Amazon.com Inc said on Wednesday it would acquire podcast startup Wondery, aiming to beef up non-musical content on its Amazon Music app.
Earlier this month, the Wall Street Journal reported that the firms were in deal talks, pegging Wondery at a valuation of more than $300 million.
Amazon is relatiTechnology, which has been investing in big names in an effort to become the Netflix of audio content.
5.#LG:- Indonesia and a unit of South Korean firm LG Group have signed a memorandum of understanding (MOU) on a $9.8 billion electric vehicle (EV) battery investment deal, the head of Indonesia's Investment Coordinating Board said on Wednesday.
The deal was signed on Dec. 18 and includes investments across the EV supply chain.
An official at LG Energy Solution, a unit of LG Group, South Korea's fourth-largest conglomerate, confirmed it had agreed an MOU but could not provide details or the deal's value. LG Group in Seoul referred Reuters to its affiliate.
TOP 5 STOCKS TO WATCHOUT:-
1.#TESLA-Tesla Inc said on Monday it has started delivering its Shanghai-made Model Y sports utility vehicles to customers in China.
A representative for the U.S. automaker made the comment in response to a query from Reuters.
The company obtained permission to start selling the cars from the Chinese government in November and has set a starting price of 339,900 yuan ($52,400).
2. #AMAZON : A local official from India's ruling Hindu nationalist party on Sunday registered a police complaint against an Amazon Prime web series alleging it insults Hindu gods and goddesses, and threatened to launch a protest at the company's office in Mumbai.
Protests against Amazon.com have been organised for Monday to warn it not to show scenes insulting Hindu gods and goddesses, Ram Kadam, a BJP member of the Maharashtra legislative assembly, said in a tweet after filing a complaint with police in Mumbai on Sunday.
The political drama "Tandav" also drew the ire of other lawmakers from the Bharatiya Janata Party (BJP), causing fresh controversy for the e-commerce giant which last year had to withdraw dozens of rugs and doormats depicting Hindu gods from its international Amazon.com platform after a backlash in India.
3.#SAMSUNG:-South Korea's Seoul High Court sentenced Samsung Electronics vice chairman Jay Y. Lee to a two-and-a-half year jail term, the court said on Monday.
Lee, 52, was convicted of bribing an associate of former President Park Geun-hye and jailed in 2017, but the sentence was reduced and suspended on appeal. The Supreme Court then sent the case back to the Seoul High Court, which ruled on Monday.
4. #FOXCONN :- Vietnam on Monday awarded a licence to a unit of Taiwan's Foxconn Technology Co Ltd to build a $270 million plant to produce laptops and tablets, the Vietnamese government said.
The plant, to be developed by Fukang Technology, will be located in the northern province of Bac Giang and will annually produce eight million units, the government said in a statement on its website.
5.#FACEBOOK:-Facebook Inc said on Saturday it will ban advertisements for weapon accessories and protective equipment in the United States with immediate effect until at least two days after U.S. President-elect Joe Biden's inauguration on Jan. 20.
Following the attack by supporters of President Donald Trump against the U.S. Capitol on Jan. 6, the social media company said it will now prohibit ads for accessories such as gun safes, vests and gun holsters in the United States.
1.#TESLA-Tesla Inc said on Monday it has started delivering its Shanghai-made Model Y sports utility vehicles to customers in China.
A representative for the U.S. automaker made the comment in response to a query from Reuters.
The company obtained permission to start selling the cars from the Chinese government in November and has set a starting price of 339,900 yuan ($52,400).
2. #AMAZON : A local official from India's ruling Hindu nationalist party on Sunday registered a police complaint against an Amazon Prime web series alleging it insults Hindu gods and goddesses, and threatened to launch a protest at the company's office in Mumbai.
Protests against Amazon.com have been organised for Monday to warn it not to show scenes insulting Hindu gods and goddesses, Ram Kadam, a BJP member of the Maharashtra legislative assembly, said in a tweet after filing a complaint with police in Mumbai on Sunday.
The political drama "Tandav" also drew the ire of other lawmakers from the Bharatiya Janata Party (BJP), causing fresh controversy for the e-commerce giant which last year had to withdraw dozens of rugs and doormats depicting Hindu gods from its international Amazon.com platform after a backlash in India.
3.#SAMSUNG:-South Korea's Seoul High Court sentenced Samsung Electronics vice chairman Jay Y. Lee to a two-and-a-half year jail term, the court said on Monday.
Lee, 52, was convicted of bribing an associate of former President Park Geun-hye and jailed in 2017, but the sentence was reduced and suspended on appeal. The Supreme Court then sent the case back to the Seoul High Court, which ruled on Monday.
4. #FOXCONN :- Vietnam on Monday awarded a licence to a unit of Taiwan's Foxconn Technology Co Ltd to build a $270 million plant to produce laptops and tablets, the Vietnamese government said.
The plant, to be developed by Fukang Technology, will be located in the northern province of Bac Giang and will annually produce eight million units, the government said in a statement on its website.
5.#FACEBOOK:-Facebook Inc said on Saturday it will ban advertisements for weapon accessories and protective equipment in the United States with immediate effect until at least two days after U.S. President-elect Joe Biden's inauguration on Jan. 20.
Following the attack by supporters of President Donald Trump against the U.S. Capitol on Jan. 6, the social media company said it will now prohibit ads for accessories such as gun safes, vests and gun holsters in the United States.
5.#FACEBOOK:- Facebook is extremely concerned about orders to shut down internet access in Myanmar and called on authorities to unblock access to social media services, an official from the social media company said on Saturday.
Myanmar's new military junta had ordered the blockage of Facebook and other social media platforms in recent days, but internet access was cut altogether on Saturday.
"We are extremely concerned by orders to shut down the internet in Myanmar," said Rafael Frankel, Facebook's director of public policy, APAC emerging countries. "We strongly urge the authorities to order the unblocking of all social media services."
Myanmar's new military junta had ordered the blockage of Facebook and other social media platforms in recent days, but internet access was cut altogether on Saturday.
"We are extremely concerned by orders to shut down the internet in Myanmar," said Rafael Frankel, Facebook's director of public policy, APAC emerging countries. "We strongly urge the authorities to order the unblocking of all social media services."
TOP 5 STOCKS TO WATCH OUT TODAY 08th FEBRUARY 2021
https://www.capitalstreetfx.com/en/top-5-stocks-to-watch-out-today-08-february-2021/
#Twitter #SoftBank #Hyundai #Amazon #Facebook #StockAnalysis #StockMarket #UsStocks
https://www.capitalstreetfx.com/en/top-5-stocks-to-watch-out-today-08-february-2021/
#Twitter #SoftBank #Hyundai #Amazon #Facebook #StockAnalysis #StockMarket #UsStocks
Capital Street FX
TOP 5 STOCKS TO WATCH OUT TODAY 08 FEBRUARY 2021 - Capital Street FX
Amazon Trade News
TOP 5 STOCKS TO WATCH OUT TODAY 09 FEBRUARY 2021
https://www.capitalstreetfx.com/en/top-5-stocks-to-watch-out-today-09-february-2021/
#Twitter #SoftBank #Tancent #Facebook #Apple
https://www.capitalstreetfx.com/en/top-5-stocks-to-watch-out-today-09-february-2021/
#Twitter #SoftBank #Tancent #Facebook #Apple
Capital Street FX
TOP 5 STOCKS TO WATCH OUT TODAY 09 FEBRUARY 2021 - Capital Street FX
The guidance was a little lower than the $5.10 per share analysts expect, according to Refinitiv Eikon data, but AstraZeneca shares rose 2% in early trade.
The London-listed company said its forecast did not include any impact from its COVID-19 vaccine, adding it would report sales of the shot separately from the first quarter of 2021. It has pledged not to profit from the vaccine during the pandemic.
Much is riding on the British-developed "vaccine for the world", since it is cheaper and can be distributed more easily than rivals from Pfizer/BioNTech and Moderna .
Pfizer last week said it expects $15 billion in sales from its vaccine this year.
"With positive recommendations or approvals (for the vaccine) now received in over 50 countries ... we're already helping to change the course of the pandemic," AstraZeneca Chief Executive Pascal Soriot said in a video.
While public interest is largely on the vaccine, AstraZeneca's core business for diabetes, heart and kidney, and cancer medicines has proved resilient.
Fourth-quarter product sales, which exclude payments from tie-ups, surpassed a company-compiled consensus. Core profit of $1.07 per share for the three months ended Dec. 31 was in line with estimates.
5.#FACEBOOK:-Facebook Inc may have paid $4.9 billion more than the maximum penalty it faced under a settlement agreement with regulators related to allegations it mishandled user privacy, according to a Wednesday court ruling.
The information was made public by a Delaware judge who gleaned it from a "white paper" prepared by a law firm advising Facebook's board of directors as they debated a proposed $5 billion settlement with the Federal Trade Commission. That agreement also protected Chief Executive Officer Mark Zuckerberg.
Vice Chancellor Joseph Slights of the Court of Chancery cited the paper by Gibson Dunn attorneys in his ruling directing Facebook to turn over documents to shareholders who are trying to determine if Facebook overpaid to protect Zuckerberg.
"The documents already produced provide no insight into why Facebook would pay more than its (apparently) maximum exposure to settle a claim," said Slights in the ruling. Shareholders, he said, were "right to question whether internal communications among Facebook fiduciaries might shed light on the Board’s thinking in this regard."
Facebook did not immediately respond to a request for comment.
The July 2019 deal resolved allegations Facebook mishandled user privacy. The company did not admit wrongdoing.
The London-listed company said its forecast did not include any impact from its COVID-19 vaccine, adding it would report sales of the shot separately from the first quarter of 2021. It has pledged not to profit from the vaccine during the pandemic.
Much is riding on the British-developed "vaccine for the world", since it is cheaper and can be distributed more easily than rivals from Pfizer/BioNTech and Moderna .
Pfizer last week said it expects $15 billion in sales from its vaccine this year.
"With positive recommendations or approvals (for the vaccine) now received in over 50 countries ... we're already helping to change the course of the pandemic," AstraZeneca Chief Executive Pascal Soriot said in a video.
While public interest is largely on the vaccine, AstraZeneca's core business for diabetes, heart and kidney, and cancer medicines has proved resilient.
Fourth-quarter product sales, which exclude payments from tie-ups, surpassed a company-compiled consensus. Core profit of $1.07 per share for the three months ended Dec. 31 was in line with estimates.
5.#FACEBOOK:-Facebook Inc may have paid $4.9 billion more than the maximum penalty it faced under a settlement agreement with regulators related to allegations it mishandled user privacy, according to a Wednesday court ruling.
The information was made public by a Delaware judge who gleaned it from a "white paper" prepared by a law firm advising Facebook's board of directors as they debated a proposed $5 billion settlement with the Federal Trade Commission. That agreement also protected Chief Executive Officer Mark Zuckerberg.
Vice Chancellor Joseph Slights of the Court of Chancery cited the paper by Gibson Dunn attorneys in his ruling directing Facebook to turn over documents to shareholders who are trying to determine if Facebook overpaid to protect Zuckerberg.
"The documents already produced provide no insight into why Facebook would pay more than its (apparently) maximum exposure to settle a claim," said Slights in the ruling. Shareholders, he said, were "right to question whether internal communications among Facebook fiduciaries might shed light on the Board’s thinking in this regard."
Facebook did not immediately respond to a request for comment.
The July 2019 deal resolved allegations Facebook mishandled user privacy. The company did not admit wrongdoing.
3. #GOOGLE :- Australia on Wednesday said promised laws forcing tech giants to pay media outlets for content had already succeeded after reports that publisher and broadcaster Nine Entertainment Co Holdings Ltd agreed on a licensing deal with Google.
The Alphabet Inc owned company agreed to pay Nine more than A$30 million ($23.25 million) a year for its content, two of Nine's newspapers reported, citing unidentified industry sources. The deal would be formally signed in the next two weeks, the newspapers said.
A Nine spokeswoman declined to comment to Reuters. A Google spokesman also declined to comment.
Nine would be the second major Australian media company to reach an agreement with Google just as the country's parliament prepares to pass laws giving the government power to set Google's content fees.
On Monday, Nine rival Seven West Media Ltd said it had reached a deal that local media reported would also involve the U.S. company paying it A$30 million a year.
"None of these deals would be happening if we didn't have the legislation before the Parliament," Australian treasurer Josh Frydenberg told reporters.
"This legislation, this world-leading mandatory code, is bringing the parties to the table. We have held the line and held it strongly."
4.#FACEBOOK:- The Australian federal government has said it still plans to put the laws - which effectively force Google and social media giant Facebook Inc to strike deals with media companies or have fees set for them - to a vote in the coming weeks.
Last year, seven smaller media companies, specialist websites and a regional newspaper, signed deals to have their content appear on Google's News Showcase platform, but the country's main metro outlets failed to reach agreements.
Several large domestic media players, including the local arm of Rupert Murdoch's News Corp - which owns two-thirds of Australian newspapers - have yet to announce Google deals. A News Corp spokesman was not immediately available for comment on Wednesday.
Media outlets around the world are trying to find a way to compensate for a slump in advertising revenue, traditionally their main source of income, which has resulted in widespread closures.
5.#AMAZON:-Amazon.com Inc will start making its TV streaming device in India this year via a unit of Taiwanese contract manufacturer Foxconn, the U.S. online retail giant said on Tuesday.
The Fire TV Stick will be made by Foxconn subsidiary Cloud Network Technology in the southern city of Chennai, marking the first time one of Amazon's devices will be manufactured in India.
Amazon said hundreds of thousands of Fire TV Sticks would be produced annually, helping it to meet demand from Indian customers.
"Amazon will continuously evaluate scaling capacity to additional marketplaces/cities depending on the domestic demand," the company said in a blog post.
The launch of conglomerate Reliance's telecoms venture Jio in 2016 began an era of cheap data tariffs in India, aiding the growth of video and audio streaming services such as Netflix and Amazon's Prime Video.
That in turn created a market for streaming devices such as the Fire stick.
The Alphabet Inc owned company agreed to pay Nine more than A$30 million ($23.25 million) a year for its content, two of Nine's newspapers reported, citing unidentified industry sources. The deal would be formally signed in the next two weeks, the newspapers said.
A Nine spokeswoman declined to comment to Reuters. A Google spokesman also declined to comment.
Nine would be the second major Australian media company to reach an agreement with Google just as the country's parliament prepares to pass laws giving the government power to set Google's content fees.
On Monday, Nine rival Seven West Media Ltd said it had reached a deal that local media reported would also involve the U.S. company paying it A$30 million a year.
"None of these deals would be happening if we didn't have the legislation before the Parliament," Australian treasurer Josh Frydenberg told reporters.
"This legislation, this world-leading mandatory code, is bringing the parties to the table. We have held the line and held it strongly."
4.#FACEBOOK:- The Australian federal government has said it still plans to put the laws - which effectively force Google and social media giant Facebook Inc to strike deals with media companies or have fees set for them - to a vote in the coming weeks.
Last year, seven smaller media companies, specialist websites and a regional newspaper, signed deals to have their content appear on Google's News Showcase platform, but the country's main metro outlets failed to reach agreements.
Several large domestic media players, including the local arm of Rupert Murdoch's News Corp - which owns two-thirds of Australian newspapers - have yet to announce Google deals. A News Corp spokesman was not immediately available for comment on Wednesday.
Media outlets around the world are trying to find a way to compensate for a slump in advertising revenue, traditionally their main source of income, which has resulted in widespread closures.
5.#AMAZON:-Amazon.com Inc will start making its TV streaming device in India this year via a unit of Taiwanese contract manufacturer Foxconn, the U.S. online retail giant said on Tuesday.
The Fire TV Stick will be made by Foxconn subsidiary Cloud Network Technology in the southern city of Chennai, marking the first time one of Amazon's devices will be manufactured in India.
Amazon said hundreds of thousands of Fire TV Sticks would be produced annually, helping it to meet demand from Indian customers.
"Amazon will continuously evaluate scaling capacity to additional marketplaces/cities depending on the domestic demand," the company said in a blog post.
The launch of conglomerate Reliance's telecoms venture Jio in 2016 began an era of cheap data tariffs in India, aiding the growth of video and audio streaming services such as Netflix and Amazon's Prime Video.
That in turn created a market for streaming devices such as the Fire stick.
Top 5 Stocks to Watchout today as on 18th February 2021
https://www.capitalstreetfx.com/en/top-5-stocks-to-watchout-today-18-february-2021/
#Facebook #Twitter #Google #Shopify #Amazon
https://www.capitalstreetfx.com/en/top-5-stocks-to-watchout-today-18-february-2021/
#Facebook #Twitter #Google #Shopify #Amazon
Capital Street FX
TOP 5 STOCKS TO WATCHOUT TODAY 18 FEBRUARY 2021 - Capital Street FX
1.Facebook – Australians woke to empty news feeds on their Facebook Inc pages on Thursday after the social media giant blocked all media content in a surprise and dramatic escalation of a dispute with the government over paying for content. The move was swiftly…
TOP 5 STOCKS TO WATCHOUT:-
1.#Facebook - Facebook Inc's WhatsApp said on Thursday it will go ahead with its controversial privacy policy update but will allow users to read it at "their own pace" and will also display a banner providing additional information.
In January, the messaging platform informed users it was preparing a new privacy policy, under which it could share limited user data with Facebook and its group firms.
It sparked a global outcry and sent users to rival apps Telegram and Signal, among others, prompting WhatsApp to delay the new policy launch to May and to clarify the update was focused on allowing users to message with businesses and would not affect personal conversations.
In India, the messaging app's biggest user base, Facebook executives fielded questions from a parliamentary panel on the need for the changes, days after the country's technology ministry asked the messaging platform to withdraw them.
"We've also included more information to try and address concerns we're hearing," it added.
WhatsApp's announcement comes as parent Facebook moved to block all news content in Australia on Thursday, facing backlash from publishers and politicians, prompting a senior British lawmaker to label the move as an attempt to bully a democracy.
2. #VOLKSWAGEN :Volkswagen is considering a listing of its luxury car division Porsche AG to rake in cash needed for the group's shift towards software and electric vehicles, a person familiar with the matter said on Thursday.
"Those considerations exist," the source said, but cautioned the idea was still far from being discussed in committees and that any listing was not to be expected in 2021.
Manager Magazin had reported the news earlier, boosting Volkswagen shares by as much as 5.7%. The magazine said Volkswagen could list as much as 25% of Porsche AG, a stake that could be valued at 20 billion to 25 billion euros ($24-$30 billion).
Volkswagen declined to comment. Top shareholder Porsche Automobil Holding SE, which holds 31.4% of Volkswagen and 53.1% of the group's voting rights, also declined to comment.
The news comes hot on the heels of Daimler's announcement earlier this month that it will spin off its trucks division, marking the latest German company to break up as sprawling industrials seek ways to lift valuations.
Volkswagen faces tough competition in developing electrified and self-driving cars. The merger of Fiat Chrysler and Peugeot-owner PSA to create the world's fourth-biggest automaker Stellantis, adds to the pressure.
Speculation of a listing of Porsche AG - which some analysts believe could be worth as much as 100 billion euros and more than the current market capitalisation of its parent - are not new.
In an interview https://www.reuters.com/article/us-volkswagen-porsche-ipo-idUSKCN1MP0VC in 2018, Porsche AG finance chief Lutz Meschke said the unit could be worth up to 70 billion euros as a separately listed company.
He said at the time that Ferrari and Aston Martin had both benefited from listings and Porsche should think about ways it could make itself more attractive.
1.#Facebook - Facebook Inc's WhatsApp said on Thursday it will go ahead with its controversial privacy policy update but will allow users to read it at "their own pace" and will also display a banner providing additional information.
In January, the messaging platform informed users it was preparing a new privacy policy, under which it could share limited user data with Facebook and its group firms.
It sparked a global outcry and sent users to rival apps Telegram and Signal, among others, prompting WhatsApp to delay the new policy launch to May and to clarify the update was focused on allowing users to message with businesses and would not affect personal conversations.
In India, the messaging app's biggest user base, Facebook executives fielded questions from a parliamentary panel on the need for the changes, days after the country's technology ministry asked the messaging platform to withdraw them.
"We've also included more information to try and address concerns we're hearing," it added.
WhatsApp's announcement comes as parent Facebook moved to block all news content in Australia on Thursday, facing backlash from publishers and politicians, prompting a senior British lawmaker to label the move as an attempt to bully a democracy.
2. #VOLKSWAGEN :Volkswagen is considering a listing of its luxury car division Porsche AG to rake in cash needed for the group's shift towards software and electric vehicles, a person familiar with the matter said on Thursday.
"Those considerations exist," the source said, but cautioned the idea was still far from being discussed in committees and that any listing was not to be expected in 2021.
Manager Magazin had reported the news earlier, boosting Volkswagen shares by as much as 5.7%. The magazine said Volkswagen could list as much as 25% of Porsche AG, a stake that could be valued at 20 billion to 25 billion euros ($24-$30 billion).
Volkswagen declined to comment. Top shareholder Porsche Automobil Holding SE, which holds 31.4% of Volkswagen and 53.1% of the group's voting rights, also declined to comment.
The news comes hot on the heels of Daimler's announcement earlier this month that it will spin off its trucks division, marking the latest German company to break up as sprawling industrials seek ways to lift valuations.
Volkswagen faces tough competition in developing electrified and self-driving cars. The merger of Fiat Chrysler and Peugeot-owner PSA to create the world's fourth-biggest automaker Stellantis, adds to the pressure.
Speculation of a listing of Porsche AG - which some analysts believe could be worth as much as 100 billion euros and more than the current market capitalisation of its parent - are not new.
In an interview https://www.reuters.com/article/us-volkswagen-porsche-ipo-idUSKCN1MP0VC in 2018, Porsche AG finance chief Lutz Meschke said the unit could be worth up to 70 billion euros as a separately listed company.
He said at the time that Ferrari and Aston Martin had both benefited from listings and Porsche should think about ways it could make itself more attractive.
U.S.
Porsche needs to become more attractive to investors: CFO
Sportscar producer Porsche could be worth up to 70 billion euros ($81.08 billion) as a separately listed company and needs to think about ways to make itself more attractive to investors and partners, Chief Financial Officer Lutz Meschke told German newspaper…
TOP 5 STOCKS TO WATCHOUT:-
1.#TWITTER - Twitter Inc said on Thursday it expected to double annual revenue to at least $7.5 billion and reach 315 million users in 2023, sending its shares up more than 8%.
Twitter will boost its new features to increase revenue and users, it said ahead of its investor presentation on Thursday.
The social media network has struggled to catch up with larger rivals like Facebook and smaller viral apps like ByteDance's TikTok in offering features. But in recent months, it has made a push to launch services such as audio-chat, similar to that of viral app Clubhouse.
"We know we've been slow," said Chief Executive Jack Dorsey during Twitter's virtual investor day. "When you compare us with our peers, it's been especially stark."
In a regulatory filing, Twitter estimated reaching at least 315 million monetizable daily active users (mDAU), or those who see ads, by the fourth quarter of 2023.
Internationally, Twitter faces challenges in India, a rapidly growing market with plans to require that social media companies erase certain content and coordinate with law enforcement.
Twitter had previously refused to delete content connected to farmers' protests in India.
2. #FACEBOOK:-Facebook Incon Thursday launched a campaign to explain to users how small businesses depend on personalized advertising, ahead of upcoming plans by Apple Inc to prompt iPhone users to allow apps to use their data for ads.
The campaign called "Good Ideas Deserve To Be Found" highlights several advertisers that have grown their business on Facebook and Instagram, such as Houston-based fashion brand House of Takura. A commercial will air on TV, including during the Golden Globe Awards this Sunday, Facebook said.
The campaign to convince users to warm up to ads comes as Facebook, which faces several U.S. antitrust lawsuits, has accused Apple of anti-competitive behavior in using its control of the App Store to limit app developers' collection of user data from other apps.
Facebook's ad spending behind the campaign is in the millions of dollars, according to a source familiar with the matter.
Facebook generates revenue from ads and through fees for businesses using a feature that lets customers purchase directly within Facebook and Instagram. Facebook said it will continue to waive those fees through June.
The social media giant said Thursday it will launch an Instagram sticker and Facebook hashtag "DeserveToBeFound" to let small businesses share and publicize their offerings across the platforms.
It will also simplify its Ads Manager, a self-serve tool that lets brands buy and create Facebook ads, to make it easier for small businesses to use.
Annette Njau, founder of House of Takura, said personalized ads have been essential to expanding her brand, which sells handbags made in Africa. She said 85% of her sales so far this year have come from Facebook.
3. #BANK OF AMERICA :- Bank of America Corp cut some of its staff in the global banking and markets division this week, Bloomberg News reported on Thursday.
Employees in sales and trading, research, investment banking and capital markets were affected by the move, the report said, citing two people familiar with the matter.
The staff reduction is part of Wall Street's typical practice of staffing changes around this time of the year after bonuses are distributed, the report added.
Bank of America did not immediately respond to Reuters' request for comment.
Last year, the bank had said it would not cut any jobs in 2020.
4.#APPLE :-Target Corp Said on Thursday it would double Apple Inc's footprint in some of its stores and expand online offerings, as the big box retailer beefs up its strategy to house popular brands at its outlets to woo more customers.
Target said the expanded partnership with Apple would begin rolling out this month, with additional locations scheduled to do so by the end of this fall.
1.#TWITTER - Twitter Inc said on Thursday it expected to double annual revenue to at least $7.5 billion and reach 315 million users in 2023, sending its shares up more than 8%.
Twitter will boost its new features to increase revenue and users, it said ahead of its investor presentation on Thursday.
The social media network has struggled to catch up with larger rivals like Facebook and smaller viral apps like ByteDance's TikTok in offering features. But in recent months, it has made a push to launch services such as audio-chat, similar to that of viral app Clubhouse.
"We know we've been slow," said Chief Executive Jack Dorsey during Twitter's virtual investor day. "When you compare us with our peers, it's been especially stark."
In a regulatory filing, Twitter estimated reaching at least 315 million monetizable daily active users (mDAU), or those who see ads, by the fourth quarter of 2023.
Internationally, Twitter faces challenges in India, a rapidly growing market with plans to require that social media companies erase certain content and coordinate with law enforcement.
Twitter had previously refused to delete content connected to farmers' protests in India.
2. #FACEBOOK:-Facebook Incon Thursday launched a campaign to explain to users how small businesses depend on personalized advertising, ahead of upcoming plans by Apple Inc to prompt iPhone users to allow apps to use their data for ads.
The campaign called "Good Ideas Deserve To Be Found" highlights several advertisers that have grown their business on Facebook and Instagram, such as Houston-based fashion brand House of Takura. A commercial will air on TV, including during the Golden Globe Awards this Sunday, Facebook said.
The campaign to convince users to warm up to ads comes as Facebook, which faces several U.S. antitrust lawsuits, has accused Apple of anti-competitive behavior in using its control of the App Store to limit app developers' collection of user data from other apps.
Facebook's ad spending behind the campaign is in the millions of dollars, according to a source familiar with the matter.
Facebook generates revenue from ads and through fees for businesses using a feature that lets customers purchase directly within Facebook and Instagram. Facebook said it will continue to waive those fees through June.
The social media giant said Thursday it will launch an Instagram sticker and Facebook hashtag "DeserveToBeFound" to let small businesses share and publicize their offerings across the platforms.
It will also simplify its Ads Manager, a self-serve tool that lets brands buy and create Facebook ads, to make it easier for small businesses to use.
Annette Njau, founder of House of Takura, said personalized ads have been essential to expanding her brand, which sells handbags made in Africa. She said 85% of her sales so far this year have come from Facebook.
3. #BANK OF AMERICA :- Bank of America Corp cut some of its staff in the global banking and markets division this week, Bloomberg News reported on Thursday.
Employees in sales and trading, research, investment banking and capital markets were affected by the move, the report said, citing two people familiar with the matter.
The staff reduction is part of Wall Street's typical practice of staffing changes around this time of the year after bonuses are distributed, the report added.
Bank of America did not immediately respond to Reuters' request for comment.
Last year, the bank had said it would not cut any jobs in 2020.
4.#APPLE :-Target Corp Said on Thursday it would double Apple Inc's footprint in some of its stores and expand online offerings, as the big box retailer beefs up its strategy to house popular brands at its outlets to woo more customers.
Target said the expanded partnership with Apple would begin rolling out this month, with additional locations scheduled to do so by the end of this fall.
We Provide over 15 Trade signals for free to enhance Your Trading strategy so you can cash in potential market moves. Invite your friends to the group to take advantage of it.
TRADE SIGNAL 2021-05-04
#GBP/USD
BUY = 1.3875
TARGET= 1.3925
SL= 1.3850
#CRUDE OIL WTI
BUY = 64.55
TARGET= 64.95
SL=64.25
#FACEBOOK
BUY = 320.40
TARGET= 420.40
SL= 270 .40
#BITCOIN USD
BUY = 55,500.50
TARGET= 56,500.50
SL= 55,000.50
TRADE SIGNAL 2021-05-04
#GBP/USD
BUY = 1.3875
TARGET= 1.3925
SL= 1.3850
#CRUDE OIL WTI
BUY = 64.55
TARGET= 64.95
SL=64.25
BUY = 320.40
TARGET= 420.40
SL= 270 .40
#BITCOIN USD
BUY = 55,500.50
TARGET= 56,500.50
SL= 55,000.50