June 7 (Reuters) - U.S.-based Jane Street Global Trading has sued the London Metal Exchange for $15.3 million following the cancellation of nickel trades on the platform owned by Hong Kong Exchanges and Clearingin March, the Hong Kong bourse said on Tuesday.
On Monday, the LME said it was being sued by hedge fund Elliott Associates for $456 million for cancelling nickel trades after chaotic trading in March that forced the exchange to suspend its nickel market.

Jane Street Global sues LME for $15.3 mln for cancelling nickel trades

J&amp;J gives notice to terminate Emergent manufacturing deal for COVID vaccine

The MacBook Air is the best-selling Apple laptop, and the new design will likely boost Mac sales in the coming quarters.

Apple just updated its best-selling Mac — here's what it looks like now

This helps speed up AI deep learning training, save costs and shorten product development cycles, according to AMD. The post NIO to use AMD chips to build high-performance computing platform appeared first on CnEVPost. For more articles, please visit CnEVPost.

NIO to use AMD chips to build high-performance computing platform

June 4 (Reuters) -
* ELON MUSK SAYS TESLA'S TOTAL HEADCOUNT WILL INCREASE, BUT SALARIED SHOULD BE FAIRLY FLAT, OVER NEXT 12 MONTHS ]

Elon Musk Says Tesla's Total Headcount Will Increase, But Salaried Should Be Fairly Flat, Over Next 12 Months

Estimated shorts in GameStop rise for sixth straight week; Blue Apron short position retrenched on more constructive news flow GME, CHWY, WOOF, APRN, HCP, REV

Short Report: GameStop short position reaches 15-month high

NIO will hold an online launch event on June 15 to unveil the ES7 as well as the 2022 ES6, EC6 and ES8, according to local media. The post NIO reportedly to launch ES7 on June 15 appeared first on CnEVPost. For more articles, please visit CnEVPost.

NIO reportedly to launch ES7 on June 15

Experts have warned recession fears are likely overblown, but Musk reportedly wants to lay off 10% of Tesla's nearly 100,000 workers.

Tesla Stock Plunge Erases $65 Billion In Value After Elon Musk Flags 'Super Bad Feeling' About Economy

June 2 (Reuters) - Electric vehicle major Tesla IncChief Executive Officer Elon Musk said on Thursday that Tesla’s AI Day has now been pushed to Sept. 30.

Elon Musk says Tesla AI Day pushed to Sept 30

In 2021, Lululemon sales grew 42% year-over-year (y-o-y) to $6.3 billion and earnings rose an outstanding 66% y-o-y to $7.49 per share.

What To Expect From Lululemon’s Stock Past Q1 Earnings

Who is Javier Olivan, Meta's next COO?

Now that Sheryl Sandberg is gone from Facebook, Mark Zuckerberg is the only top executive remaining from the company's IPO a decade ago.

Sheryl Sandberg was Facebook's adult in the room, but it's always been a Zuckerberg production

Coinbase stock (NASDAQ: COIN) has declined by almost 70% year to date in 2022 and remains down by almost 80% from all-time highs seen in November 2021, trading at levels of around $75 per share.

Coinbase Stock Is Down 70% This Year. Is It Time To Buy?

General Motors stock has rallied by almost 9% over the last week (five trading days), outperforming the S&P 500, which gained about 6.5% over the same period.

What’s Happening With GM Stock?

BERLIN, June 1 (Reuters) - Rimac has raised 500 million euros ($537 million) in a new funding round, it said on Wednesday, but the Croatian carmaker’s chief executive cautioned sales would have to be twice as high before he would consider a stock market listing.

Rimac raises $537 mln in new funding round, CEO talks potential IPO

The question for individual investors and market pros is whether this rally can continue and ultimately whether it is the resumption of the major bull market or just a bear market rally? The Viper Report’s Tom Aspray shares his market analysis after last week’s rally.

Is The Bull Market Alive Or Is The Bear Just Taking A Nap?

Tesla Giga Shanghai has started double-shift production since May 23, and production has been largely on par with pre-Covid lockdown levels, according to local media. The post Tesla's Shanghai plant has started double-shift production appeared first on CnEVPost. For more articles, please visit CnEVPost.

Tesla's Shanghai plant has started double-shift production

Netflix's fall from grace has ended the first act of the streaming wars. Act two will determine whether the industry can right itself.

The first act of the streaming wars saga is over — Netflix's fall from grace has ushered in the pivotal second act

May 26 (Reuters) - Advanced Micro Devices Inc:
* AMD INSTINCT™ MI200 ADOPTED FOR LARGE-SCALE AI TRAINING IN MICROSOFT AZURE

AMD Instinct MI200 Adopted for Large-Scale AI Training in Microsoft Azure

May 25 (Reuters) - Hong Kong stock exchange filing:
* ALIBABA GROUP'S LONG POSITION IN H-SHARE OF ALIBABA HEALTH INFORMATION TECHNOLOGYINCREASED TO 57.06% ON MAY 20 FROM 56.70% - HKEX FILING Source text https://di.hkex.com.hk/di/NSForm2.aspx?fn=CS20220525E00179&sa2=ns&sid=413&sd=25/05/2021&ed=25/05/2022&sa1=cl&scsd=25/05/2021&sced=25/05/2022&sc=00241&src=Main&lang=EN&tk=ds Further company coverage:

Alibaba Group's Long Position In Alibaba Health Information Technology Rises To 57.06% - Filing

May 24 (Reuters) -
* MCDONALD'S POISED TO RETAIN BOTH SEATS IN PROXY FIGHT WITH CARL ICAHN - WSJ Source text: https://on.wsj.com/3LKf53u Further company coverage:

McDonald's Poised To Retain Both Seats In Proxy Fight With Carl Icahn - WSJ

品玩 5 月 24 日讯，据新京报贝壳财经报道，上海蔚来汽车有限公司计划在上海市嘉定区安亭镇新建研发项目，包括从事锂离子电芯和电池包研发的 31 个研发实验室，以及 1 条锂离子电芯试制线和 1 条电池包 pack 线，拟投资 2.185 亿元，预计今年 8 月至 10 月期间施工。蔚来汽车方面表示，研发实验室旨在探索锂离子电芯和电池包在不同温度、拉力、湿度等物理实验条件下，电芯及电池包的充放电性能、温度性能、安全性能等，探索电芯材料理化性质、配比、改性情况、注液优化条件、电池包装配优化条件等，预计从事研发约 250 天，从事人员达 400 人。锂离子电芯试制线和电池包 pack 线从事锂离子电芯和电池包的试制，该项目试制线的建设为后续发展过程中可能的规模化生产做好前提探索，试制样品用于后续深度开发。

蔚来汽车上海成立锂电池实验室及电芯试制线 投资总额超 2 亿

Considering NIO's average daily trading volume in Hong Kong for the past month, the inflow of funds from ETFs will last about 10.3 days, according to CICC. The post NIO's inclusion in Hang Seng Tech Index expected to bring in $44.3 million in passive inflows, analysts say appeared first on CnEVPost. For more articles, please visit CnEVPost.

NIO's inclusion in Hang Seng Tech Index expected to bring in $44.3 million in passive inflows, analysts say

May 22 (Reuters) - NIO Inc:
* NIO TO BE ADDED TO THE HANG SENG TECH INDEX AS A CONSTITUENT STOCK

Nio To Be Added To The Hang Seng Tech Index As A Constituent Stock

SpaceX is raising a massive round of fresh funding, CNBC has learned, sending the private company's valuation to about $127 billion.

SpaceX looks to raise $1.7 billion in new funding, boosting its valuation to $127 billion

Here's how Elon Musk's bid for Twitter came together, how the social media company could change under his watch, and how the deal could still fall through.

How Elon Musk's Twitter takeover plans shook Wall Street and social media

LONDON, May 20 (Reuters) - The trillions wiped off global markets in recent weeks has triggered a contrarian ‘buy’ signal from BofA’s closely-followed ‘Bull & Bear’ sentiment indicator, while emerging markets are seeing their toughest time since the peak of the COVID crash.

Global markets in &#34;unambiguous contrarian buy territory&#34; - BofA

May 19 (Reuters) - Advanced Micro Devices Inc:
* AMD SELECTS GOOGLE CLOUD TO PROVIDE ADDITIONAL SCALE FOR CHIP DESIGN WORKLOADS

AMD Selects Google Cloud To Provide Additional Scale For Chip Design Workloads

Our theme of Mid-Cap Software Stocks, which includes software players that have a market cap of between $2 billion and $10 billion, and have grown their revenues by at least 50% over the last two years, has underperformed considerably.

With The Nasdaq Down 25%, Should You Consider Smaller Software Stocks?

In trading on Wednesday, shares of Netflix entered into oversold territory, hitting an RSI reading of 29.3, after changing hands as low as $176.27 per share.

Netflix Is Now Oversold

May 17 (Reuters) - Tesla Inctop boss Elon Musk said here on Tuesday the electric-car maker will host its second artificial intelligence day on Aug. 19, with the company likely to expand on plans to fine-tune its self-driving technology.

Tesla to host second artificial intelligence day in August

Elon Musk's SpaceX is poised to become the most valuable U.S. startup

Berkshire bought 68.9 million shares of Paramount to build a stake worth $2.6 billion as of the end of March, according to a regulatory filing released Monday.

Paramount shares jump 10% after Buffett's Berkshire reveals new stake

Royalty Pharma - New Capital Deployment Target Of $10-12 Billion Over The Next Five Years

LIVE MARKETS-Slowing shorting activity could signal bottom is near

May 17 (Reuters) - Singapore-based Sea Ltdbeat first-quarter revenue estimates on Tuesday, driven by improvements in its core e-commerce business.
The New York-listed company said total revenue in the first quarter of 2022 rose 64.4% to $2.9 billion, above analysts’ estimate of $2.76 billion, according to Refinitiv IBES data.

Shopee-owner Sea tops quarterly revenue estimates

LONDON, May 17 (Reuters) - Investors are becoming increasingly concerned about global growth with optimism at an all-time low, as they increase their cash holdings to the highest level in two decades, according to BoFA Securities’ monthly fund manager survey.

Investors rush to cash as growth optimism hits record low - BofA

SHANGHAI, May 17 (Reuters) - Tesla has stopped taking orders for its electric pickup truck Cybertruck outside of North America, according to its official website.
The U.S. automaker is only taking reservations of Cybertruck in Canada, the United States and Mexico, the website showed.
Tesla declined to comment on the changes on its website.

Tesla stops taking orders for Cybertruck outside North America - website

With the S&P 500 near a bear market, investors need to accept that buying on the dip, even blue-chip stocks, isn't so simple, and volatility will continue.

How to buy stocks on the brink of a bear market

(Repeats story first published on Friday)

Wall St Week Ahead-Signs of market bottom elude investors after steep selloff

As of March 31, Soros' investment funds held 101,796,000 shares of NIO's assets classified as "NOTE" for a total value of $84.36 million. The post George Soros fund buys assets issued by NIO in Q1 appeared first on CnEVPost. For more articles, please visit CnEVPost.

George Soros fund buys assets issued by NIO in Q1

May 15 (Reuters) - Twitter Inc:
* ELON MUSK SAYS "I HAVE YET TO SEE *ANY* ANALYSIS THAT HAS FAKE/SPAM/DUPLICATES AT <5%" - TWEET

Elon Musk Says &#34;I Have Yet To See *Any* Analysis That Has Fake/Spam/Duplicates At &lt;5%&#34; - Tweet

The world's largest hedge fund increased its stake in NIO by more than 70 percent in the first quarter, and doubled its stakes in both XPeng and Li Auto. The post Bridgewater doubles bets on NIO, XPeng, Li Auto in Q1 appeared first on CnEVPost. For more articles, please visit CnEVPost.

Bridgewater doubles bets on NIO, XPeng, Li Auto in Q1

May 13 (Reuters) -
* ELON MUSK SAYS TO FIND OUT CALCULATION OF SPAM/FAKE ACCOUNTS ON TWITTER MY TEAM WILL DO A RANDOM SAMPLE OF 100 FOLLOWERS OF TWITTER - TWEET

Elon Musk Says To Find Out Calculation Of Spam/Fake Accounts On Twitter My Team Will Do A Random Sample Of 100 Followers- Tweet

Salesforce had $35 million worth of Snowflake shares at the end of 2021, and sold them all in the fourth quarter, according to an SEC filing.

Salesforce dumped rest of its Snowflake shares during first-quarter market plunge

This could be attributed to a 7% y-o-y drop in the wealth & personal banking unit, followed by a 4% decline in global banking & markets.

Is HSBC Stock Undervalued?

May 11 (Reuters) -
* PANASONIC SAYS PREPARING LISTING OF SUPPLY CHAIN MANAGEMENT BUSINESS UNIT Further company coverage: (6752.T)

Panasonic Says Preparing Listing Of Supply Chain Management Business Unit

Pfizer Inc. undefined said Tuesday it has entered a definitive agreement to acquire Biohaven Pharmaceutical Holding Company Ltd. undefined for $11.6 billion...

Pfizer to acquire Biohaven Pharma for $11.6 billion in cash sending Biohaven shares up 74% premarket

STOCKHOLM, May 9 (Reuters) - Infineon (IFXGn.DE) , the leading supplier of microchips to the auto industry, reported on Monday a 22% rise in second-quarter revenue and lifted its full-year outlook as it benefits from a global shortage of semiconductors.

Chipmaker Infineon raises 2022 revenue outlook after results beat

品玩 5 月 9 日讯，据彭博社记者 Mark Gurman 报道，苹果公司正计划在今年对 Apple Fitness + 和 Apple Pay 进行多项改进，并探索提供一种与健康应用整合的全新的食品杂货服务。在最新一期的 Power On 时事通讯中，彭博社的 Gurman 谈到了他对今年苹果新服务的期待。根据他所新爆料的信息来看，苹果正在开发两项与金融相关的服务，分别为硬件订阅计划和 Apple Pay 交易的 “先买后付” 服务。“先买后付” 这项服务允许客户分期支付使用 Apple Pay 的的消费，与 Klarna 等现有服务相媲美。Gurman 曾在上个月就爆料了苹果的硬件订阅计划，该计划将允许客户每月支付费用订阅，在订阅期间可以使用 iPhone、iPad 和 Mac。据说苹果的目标是使用户购买硬件订阅的过程与购买 iCloud 储存或者 Apple Music 订阅相媲美，而用户可以使用他们的 Apple ID 和 App Store 帐户订阅硬件。