Wednesday, May 22, 2019

How US action on Huawei has affected stocks of technology companies

Technology companies led a broad slide in stocks Monday afternoon on Wall Street, extending the market's losses into another week. http://bit.ly/2wdauTo

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Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shein to cut pre-IPO valuation from $66B to ~$30B (Financial Times)

Financial Times : Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shei...