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SoftBank Group Corp and its founder Masayoshi Son face a day of reckoning on Wednesday when the investment juggernaut is likely to post weak quarterly results, hit by hefty falls in the valuation of some of its biggest tech bets. SoftBank has come under renewed investor scrutiny after it was forced to bail out one of its best known portfolio companies - the cash-burning, office-sharing firm WeWork - for $10 billion (£7.8 billion). SoftBank's $100 billion Vision Fund has a $7.7 billion investment in the U.S. ride-hailing firm....
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We'll look at......
All three indexes set records on Monday....
(Bloomberg) -- Tesla Inc. has completed its new factory near Shanghai and is working with local authorities to obtain a manufacturing license, which it hopes to receive by the end of the year, Chairman Robyn Denholm said.The company is already building electric Model 3 sedans at the facility as part of a trial phase, Denholm said in a panel discussion at a Shanghai event Tuesday.The first Tesla vehicles to be produced outside the U.S. are part of Chief Executive Officer Elon Musk’s efforts to expand in Asia and take on local electric-vehicle upstarts. Denholm stressed the importance of companies and governments working together to solve technology problems.“We’re working with the local government to get our manufacturing certification, which we hope we will be able to get by the end of the year,” Denholm said.Tesla is nearing the launch of China-made models just 10 months after breaking ground on its facility near...
European shares fell slightly on Tuesday, a day after hitting their highest levels since 2015, with a sales warning from Danish jewellery maker Pandora and a glum forecast from wind energy company Siemens Gamesa weighing on the benchmark index. The pan-European STOXX 600 index fell 0.03%, although declines were capped by hopes that a U.S.-China trade deal could be signed this month. The telecoms index fell 0.5%, the most among the major European sub-sectors, dragged down by a 1.6% fall in shares of Spanish telecoms group Telefonica after it posted quarterly profit below analysts' forecast....
If you own shares in Futura Medical plc (LON:FUM) then it's worth thinking about how it contributes to the volatility......
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like......
