No Data
No Data
Stratos Wealth Advisors LLC Sells 3,354 Shares of Innovator Growth-100 Power Buffer ETF – January (BATS:NJAN)
Governor of the Bank of India: inflation is temporary, it is not time to raise interest rates
Shaktikanta Das, governor of the Bank of India, said in an interview on Thursday that despite growing concerns about inflation, the bank was in no hurry to reverse record low interest rates. "We have been monitoring the situation and will take action in due course," Das said. At this critical moment, we do not think the time is ripe. " The Reserve Bank of India cut the repo rate in May last year and has since maintained a loose monetary policy stance to help the Indian economy get back on track. Since last year, the Bank of India has introduced dozens of measures aimed at promoting growth and alleviating the impact of the COVID-19 epidemic on the economy.
Kingsoft Cloud Holdings's Q2 revenue of 2.17 billion yuan reached a new high in a single quarter, with strong growth driven by twin engines.
On August 25th, Kingsoft Cloud Holdings (NASDAQ:KC) released his results for the second quarter of 2021. Thanks to the strategy of focusing on high-growth verticals and serving high-quality head customers, overall performance has remained solid and high. According to the financial report, Kingsoft Cloud Holdings Q2's total revenue reached 2.17 billion yuan, a record high for a single quarter and an increase of 42% over the same period last year. According to the company's Q3 revenue guidelines, the rate of increase is faster than that of Q2, and it is expected to increase by 49% Fr 56% compared with the same period last year, reaching 2.58 billion yuan to 2.7 billion yuan. In the quarter, the company's two main businesses, the public cloud and the enterprise cloud, both achieved steady improvements in business scale and revenue quality. Basic public cloud
Munger says he's in love with Zoom Buffett: I still like to use the phone
Buffett's partner Charlie Munger said in an interview that aired on Tuesday that he is in love with Zoom and believes the video conferencing software will continue to thrive even when life returns to normal after the pandemic. Munger said, “I'm in love with Zoom. I think Zoom will continue to exist. It adds so much convenience.” The 97-year-old investor said he uses Zoom at least three times a day and has also started a business in Australia via video call. Zoom stood out during the pandemic. In 2020, as demand surged, the company's revenue also increased dramatically, and its stock price soared 39
The British government predicts that hydrogen heating will become mainstream by 2050.
The British government predicts that heating homes with hydrogen could become mainstream within decades, with technical costs falling as sharply as wind energy. To accelerate the transition from fossil fuels, the government will fund the first British families to use this new source of energy for heating entirely, Anne-Marie Trivien, Britain's energy minister, said in an interview. Trivillian predicts that the cost of hydrogen technology will fall as much as offshore wind power has done over the past decade. This will happen once the technologies used to produce hydrogen and carbon capture and use are verified on a large scale, she said. In addition to heating homes, hydrogen technology is also expected to help steel, cement and other weights
The Japanese and South Korean stock markets opened higher and the Nikkei index continued to hit a 30-year high.
Stocks in Japan and South Korea continued their gains on Tuesday, with the Nikkei 225 index rising 0.48% to 30229.46, a 30-year high. South Korea's KOSPI index opened up 0.31% at 3147.00. Australian stocks also rose on Tuesday, boosted by BHP Group Ltd's earnings report. Australia's benchmark S&P/ASX 200 index rose 0.3 per cent to 6892.30, with mining stocks leading the way, with BHP Group Ltd reporting a 16 per cent increase in first-half profits and a record interim dividend. New Zealand S&P/NZX 50