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Security Bank to form joint venture with Mitsubishi

Security Bank to form joint venture with Mitsubishi
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Futures Jump To Record Above 4,200 On Blockbuster Earning, Bubble-Blowing Fed

by Tyler Durden Thursday, Apr 29, 2021 - 07:58 AM S&P Futures roared to new record highs above 4,200 and Nasdaq futures jumped 1% on Thursday as Powell s dovish assurances and blow-out earnings from Apple and Facebook powered a rally in tech stocks and cemented conviction the world’s largest economy is resurgent ahead of GDP numbers and jobless claims data which are expected to show further improvements.  At 7:30 a.m. ET, Dow e-minis were up 130 points, or 0.38%, S&P 500 e-minis were up 28.00 points, or 0.67%, and Nasdaq 100 e-minis were up 144  points, or 1.03%. Some notable premarket movers: Apple gained 2.7% in premarket trading after posting sales and profits ahead of Wall Street estimates, led by much stronger-than-expected iPhone and Mac sales.

Reports on Apple Car Adds to Speculation of Japanese Carmaker Deal

Reports on Apple Car Adds to Speculation of Japanese Carmaker Deal 6 Feb 2021 Speculation that tech giant Apple may be seeking to work with multiple carmakers to develop its own electric vehicle and reports of recent discussions with Hyundai-Kia have caused shares of major carmakers in both South Korea and Japan to rise. Bloomberg reports that speculation that tech giant Apple is planning its own electric vehicle has increased following a recent  Wall Street Journal report that Kia Motors Corp. is in talks with potential partners about a plan to assemble an Apple-designed car and a recent Nikkei newspaper article stating that at least six automakers were in talks with Apple.

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