Top Consumer Discretionary Stocks for April 2023

Reuters TD world’s most shorted banking stock, shares down -ORTEX data Hedge fund bets against Canada’s TD Bank Group on Wednesday hit $4.2 billion, making it the most-shorted banking stock globally, according to data provider ORTEX’s calculations, with some analysts concerned about the bank’s exposure to U.S. regional lenders. Around 4.1% of TD’s outstanding shares… Continue reading Top Consumer Discretionary Stocks for April 2023

Morgan Stanley moves step closer to setting up futures company in China

Morgan Stanley said on Thursday it looks forward to setting up a futures company in China after the country’s securities regulator accepted its application. China Securities Regulatory Commission (CSRC) accepted Morgan Stanley’s application to open up a futures business in the world’s second-largest economy on Monday, according to CSRC’s website. A Morgan Stanley spokesperson said the bank “looks forward to… Continue reading Morgan Stanley moves step closer to setting up futures company in China

@niche: Morgan to support Midlands Air Ambulance Charity throughout 2023002625

Morgan has chosen Midlands Air Ambulance Charity as its local charity partner for 2023. The partnership will see Morgan and MAAC work together to raise awareness and funds for the charity’s pre-hospital emergency service. Morgan’s local charity partner was voted on by Morgan staff and MAAC received the overwhelming majority of votes, in part due… Continue reading @niche: Morgan to support Midlands Air Ambulance Charity throughout 2023002625

India’s Magenta Mobility rakes in $22m from bp, Morgan Stanley India Infra

Magenta, India’s homegrown EV charging and mobility solutions company, has amassed $22 million in equity investment its Series A1 funding round from the UK-headquartered bp and Morgan Stanley India Infrastructure-managed investment fund, as it looks to expand its operations and ramp up technology. This marks a strategic round for the Pune-based company which is looking… Continue reading India’s Magenta Mobility rakes in $22m from bp, Morgan Stanley India Infra

Morgan Stanley, BP Ventures back Indian e-mobility startup Magenta

Indian electric mobility startup Magenta Mobility has closed a $22 million Series A1 round, backed by $11 million each from Morgan Stanley India Infrastructure and BP Ventures. Magenta will use the all-equity investment to boost its existing logistics and last-mile delivery fleet operations. The Navi Mumbai-headquartered startup has a fleet of 800 three-wheeled electric cargo… Continue reading Morgan Stanley, BP Ventures back Indian e-mobility startup Magenta

Magenta Mobility raises USD 22 mn from bp, Morgan Stanley India Infra

With more than 100 million online shoppers, and the government’s target of electrification of e-commerce delivery and logistics by 2030. Electric mobility solutions provider Magenta on Wednesday said it has closed a Series A1 funding round with USD 22 million equity investment from the UK-headquartered bp and Morgan Stanley India Infrastructure-managed investment fund. The company… Continue reading Magenta Mobility raises USD 22 mn from bp, Morgan Stanley India Infra

Ford’s first-quarter sales increase 10.1% on improved F-Series truck production

A Ford Lighting pickup is displayed outside the New York Stock Exchange (NYSE) in New York City, U.S., March 23, 2023. REUTERS/Brendan McDermid Brendan Mcdermid | Reuters DETROIT – Ford Motor on Tuesday reported a roughly 10% increase in its quarterly U.S. sales, led by jumps in its critical F-Series pickups and Bronco SUVs. The… Continue reading Ford’s first-quarter sales increase 10.1% on improved F-Series truck production

Why Tesla Is Bringing Nio Shares Down Today

TipRanks J.P. Morgan Says Buy These 2 High-Yield Dividend Stocks — Including One With 9% Yield After a rough month from mid-February to mid-March, investors have reason for some positive sentiment in what’s been a highly volatile environment. Since hitting bottom on March 13, the S&P 500 has gained back 6.5%, and is back up… Continue reading Why Tesla Is Bringing Nio Shares Down Today