Uxin Limited, a leading used car retailer in China, held its 2026 Investor Day at its Xi'an superstore, inviting major financial institutions to tour its facilities and discuss industry trends and business strategy. The event highlighted Uxin's warehouse-style superstore model, vehicle reconditioning capabilities, and long-term growth plans without disclosing any material non-public information. CEO Kun Dai emphasized the company's commitment to innovation, customer experience, and healthy industry development. This event aims to strengthen investor relations and provide transparency on Uxin's omni-channel approach and market leadership in used car retailing.
Intel recently sold $20 billion worth of its stock at $95 per share. Since the sale, the stock price has dropped and is now trading below $93. This decline means investors who bought at the offering price are facing immediate losses. The price moveme...
Masayoshi Son holds 67% of SoftBank's U.S. stock portfolio in Intel shares. Despite this large stake, SoftBank did not purchase any additional Intel shares in the last quarter. This suggests a pause or cautious approach in expanding their investment ...
Joseph Devivo, CEO of Butterfly Network, sold 68,346 shares of the company. Insider sales like this can indicate personal financial decisions or strategic moves regarding the company's stock. Investors often watch such transactions closely as they ma...
Chip stocks declined this week not because of any industry-specific news but due to the 30-year Treasury yield reaching its highest level in 19 years. Rising long-term yields often pressure growth stocks like chipmakers, as higher rates increase borr...
Scotts Miracle-Gro disclosed a 6% drop in quarterly sales and a 25% cut in its fiscal year EBITDA forecast, along with a $20 million write-down of excess pandemic inventory. Following this, its share price fell 19% in one day. The company and some ex...
