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Nonfarm payroll on the rise.

Stocks traded higher yesterday, regaining some of the sharp losses from Monday’s trading session, as investors weighed the impact of the escalating trade war between the United States and China.  The market’s signal to the US and China on the trade war is that the...

March 29th Market Update

The S&P 500’s 12.3% gain so far for the first quarter is its best quarterly gain in nearly a decade and its finest start to the year since 1998. (Wsj) On the back of a booming consumer business, Huawei’s revenue grew 19.5% in 2018 – surpassing...

March 28th Market Update

Lyft has increased its expected IPO share price range to between $70 and $72 per share (from $62-$68), raising up to $2.22B and valuing the ride-hailing company at around $20B. The firm is set to price its shares today and will begin trading publicly on the Nasdaq on...

A Big Day

It’s a big day for Boeing and federal aviation safety regulators as they try to rebuild trust following two deadly crashes of 737 MAX airliners. Boeing has scheduled a briefing for about 200 pilots and airline representatives in Renton, Washington – home...

March 26th Market Update

Ending another cutthroat ride-hailing battle ahead of an expected IPO, Uber has agreed to acquire Middle Eastern rival Careem for $3.1B. The company will pay $1.4B in cash and $1.7B in notes that will convert at a price of $55 a share, which is 12% higher than the...