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Top related persons:
Mark Zuckerberg - 1 Wells - 1 Zuckerberg - 1 Meta - 1 they've - 1
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Menlo Park , California First Shanghai TikTok U.S
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Meta - 1 Nasdaq - 1 Federal Reserve - 1 Jefferies - 1 RBC Capital Markets - 1 Amazon - 1 Google - 1 RBC - 1

Search resuls for: "First Shanghai"


3 mentions found


☆ Meta shares hit intraday record after analyst says company 'has too many advantages to count'
  + stars: | 2024-04-04 | by ( Ashley Capoot | In | ) www.cnbc.com   time to read: +3 min
Meta founder and CEO Mark Zuckerberg speaks during the Meta Connect event at Meta headquarters in Menlo Park, California, on Sept. 27, 2023. Meta shares jumped to an intraday record on Thursday after analysts at two firms raised their price targets on the stock, citing optimism over the company's growing market share in digital advertising. Analysts at Jefferies lifted their price target on Meta to $585 from $550 and said the company's gain in the ad market will increase this year. Among the roughly 50 price targets tracked by FactSet, RBC's estimate is tied for the highest along with that of both Wells Fargo and First Shanghai. The decision to invest $27 billion in capital expenditures last year "has helped the company develop several strategic advantages over its peers."
Persons: Mark Zuckerberg, Wells, Zuckerberg, Meta, they've Organizations: Meta, Nasdaq, Federal Reserve, Jefferies, RBC Capital Markets, Amazon, Google, RBC Locations: Menlo Park , California, First Shanghai, TikTok, U.S
☆ Asian hedge funds piled to China education, U.S. AI shares in Q1
  + stars: | 2023-05-16 | by ( Summer Zhen | ) www.reuters.com   time to read: +4 min
Investors poured money into private tutoring leaders, including New Oriental and TAL Education (TAL.N), that have come through a near two-year crackdown in China on after-school education. Greenwoods also built a new position in TAL Education by acquiring 2.2 million shares. The fund run by ex-Alibaba CTO John Wu bought 2.1 million more shares to boost its stake in the tutoring giant. Share prices of both New Oriental and TAL collapsed over 90% from its peak after Beijing’s ban on K-12 private tutoring. The price of two stocks have doubled from the low point in October after China dropped its strict controls against COVID-19.
☆ China, HK stocks rebound sharply on unverified social media posts over COVID easing
  + stars: | 2022-11-01 | by ( ) www.reuters.com   time to read: +1 min
SHANGHAI, Nov 1 (Reuters) - Hong Kong and China stocks jumped on Tuesday after rumours based on an unverified note circulating on social media that China was planning a reopening from strict COVID curbs in March triggered a sharp rebound following last month's savage selling. The Hang Seng Index (.HSI) jumped more than 5%, while the Hang Seng Tech Index (.HSTECH) gained nearly 8%. I truly don't know anything about this," foreign ministry spokesman Zhao Lijian said when asked about such a committee. "The market has fallen so much, and has a willingness to rebound," said Yip. Reporting by the Shanghai Newsroom Editing by Tony Munroe and Sam HolmesOur Standards: The Thomson Reuters Trust Principles.
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