The stock market is going through a period of uncertainty and volatility, but some sectors could benefit from that. Timothy A. Clary | AFP | Getty Images (Click here to subscribe to the Delivering Alpha newsletter.) A wide divergence of performance has formed in the hedge fund industry amid the stock rout on Wall Street this year. Tech-focused investors like Brad Gerstner …
Baillie Gifford's Roderick Snell said the stock was a casualty of the sell-off, arguing the decline had nothing to do with business fundamentals. Source link
CNBC PRO screened for stocks in ARK Innovation with current price-to-sales ratios down more than 30% from their average levels of the past three years. Source link
Anthony Tan, chief executive officer of Grab Holdings Inc., center right, and Tan Hooi Ling, co-founder of Grab Holdings Inc., celebrate on stage during a bell-ringing ceremony as Grab begins trading on the Nasdaq, in Singapore, on Thursday, Dec. 2, 2021. Ore Huiying | Bloomberg | Getty Images Investment banks JPMorgan, Citi and global independent investment banking advisory Evercore have …
E-commerce services provided by a company in Pekanbaru, Riau Province, Indonesia. Dedy Sutisna | Riau Images | Barcroft Media via Getty Images E-commerce, food delivery and online payments are among digital services expected to grow sharply in Southeast Asia in the coming years — and JPMorgan has named its top stock picks to gain a foothold in the booming market. …
From Singapore to Thailand and ranging from financials to technology, all 12 stocks have an overweight rating by JPMorgan. Source link
CNBC Pro screened for the Ark Invest-owned stocks that have the best chance of roaring back from their recent weakness, according to Wall Street analysts. Source link
A woman wears a protective face mask as she waits for customers inside her shop in Jakarta, Indonesia on Tuesday, March 31, 2020. NurPhoto | Getty Images Shares of Indonesian e-commerce firm Bukalapak jumped nearly 25% in their trading debut Friday — from an initial public offering price of 850 rupiah ($0.059) to 1,060 rupiah. As investors piled into the …
SINGAPORE — The next wave of technology development will take place in Asia where digital economies have demonstrated robust growth despite the coronavirus pandemic, according to Singapore’s Infocomm Media Development Authority. Some 40 million people across six Southeast Asian countries came online for the first time last year, according to a commonly cited industry report from Google, Temasek Holdings and …
