Month: March 2024

Cocoa Futures Extend Rally

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🍫 🍫 Cocoa futures extend rally on supply concerns

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Chinese Stocks Gain 20% From Lows

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🇨🇳 🇭🇰 The Hang Seng Tech Index became the latest gauge to enter a technical bull market during Tuesday trading, joining the ChiNext gauge of China’s growth shares and other sectoral indexes on materials and renewables to hit the milestone
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Restaurant Stocks Are Breaking Out

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🍔 🌯 Restaurant Stocks Are Breaking Out: One specific industry within the consumer discretionary space that showed relative strength Tuesday was restaurants. This prompted us to investigate the group further, which revealed that various stocks are sporting constructive technical formations

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Xiaomi To Start Selling EVs

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🇨🇳 🇨🇳 BREAKING: Xiaomi Corp. shares rose as much as 7.5% in Hong Kong Tuesday, after the company announced it will start selling its long-awaited electric vehicles later this month

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Options Traders Are Heavily Trading A Health Stock

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🩺 🩺 Options traders are heavily trading a health stock ahead of a big conference this week

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Germany Has Finally Woken Up

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🇩🇪 🇩🇪 German Chancellor Olaf Scholz wants to deepen economic ties with Thailand, Malaysia and the Philippines as Europe’s largest economy looks to diversify trade relations in Asia and become less dependent on China
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HK’s New Security Law Is Worryingly Vague

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🇭🇰 🇭🇰 Hong Kong’s new security law is worryingly vague. The regulations contained in Article 23 are sweeping, broad and deliberately vague— Foreign govts and businesses do not like what they see

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Warning: Watch Vanke

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🇨🇳 🇨🇳 Warning: Developer Vanke will break China’s back if it defaults. China will fall off a fiscal cliff this year if it lets the builder default

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Profit From “Edge AI”

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🧠 🧠 One part of artificial intelligence will have an increasing role to play, according to Morgan Stanley. The theme, which it called “Edge AI,” involves running AI algorithms directly on a user’s device, be it a smartphone, laptop or wearable, among other things

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