Category: Finance

The price of raw materials rose sharply China’s overall price increase prelude to kick off

After the Lunar New Year, prices of basic raw materials across China have risen alarmingly. According to the latest quotes,…

Saudi Arabia cut production while raising prices. What is the purpose?

Just days after the OPEC+ meeting, Saudi Arabia has made another move. Saudi Arabia has raised the price of Crude…

U.S. stocks two days: the Dow rose more than 600 points technology stocks fell

The $1.9 trillion U.S. stimulus is expected to hit the ground this week after getting passed by the Senate last…

Class rotation hurts tech stocks Apple on the verge of bear market, Nasdaq down more than 10% in correction

Class rotation prompted heavy losses in technology stocks and gains in banks, industrials and other reboot beneficiary stocks, leaving the…

Tesla falls 36% from all-time high, market value evaporates nearly $300 billion

tesla (TSLA-US) fell 5.84% on Monday, down 36% from its peak on Jan. 26, as its market value evaporated nearly…

Zoom Yuan Zheng transfers one-third of his holdings, valued at approximately $6 billion

Yuan Zheng, founder and chief executive officer of Zoom. Yuan Zheng, the founder and CEO of online meeting platform Zoom,…

Rising again! Saudi Arabia raises export oil prices in Asia and the U.S. from April

Saudi Arabia announced higher Crude Oil pricing to Asia and the United States, after the Organization of the Petroleum Exporting…