Tech Stocks Gain With Earnings, Fed in Focus: Markets Wrap

Tech Stocks Gain With Earnings, Fed in Focus: Markets Wrap

(Bloomberg) — Gains in megacap technology stocks were propping up the S&P 500 as it hovered around a record high on Monday, with investors weighing the outlook for growth at the start of a busy week of earnings and policy updates. Tesla Inc., which reports its results after the close of trading on Monday, was among those providing the most support, climbing for the first time in four sessions. Other S&P 500 heavyweights set to report later this week including…
SPAC Neo Technology Acquisition files for a $40 million IPO, targeting Asia and North America

SPAC Neo Technology Acquisition files for a $40 million IPO, targeting Asia and North America

Neo Technology Acquisition, a blank check company targeting businesses in Asia and North America, filed on Monday with the SEC to raise up to $40 million. The New York, NY-based company plans to raise $40 million by offering 4 million units at $10. Each unit consists of one share of common stock and one right to receive one-tenth of a share upon the completion of an initial business combination. At the proposed deal size, Neo Technology Acquisition would command a…
Hong Kong’s Hang Seng index closes more than 4% down as China tech and education shares plunge – CNBC

Hong Kong’s Hang Seng index closes more than 4% down as China tech and education shares plunge – CNBC

Hong Kong’s Hang Seng index closes more than 4% down as China tech and education shares plunge  CNBC China Tech Stocks Slump as Regulators Apply Fresh Pressure  The Wall Street Journal Hong Kong Stocks Lead Asia Sell-off As China Tuition Reforms Bite  International Business Times China tech slumps, sending a benchmark back to last year’s debut  Livemint China and Asia trusts fall as Beijing turns on online tutors  Citywire Financial Publishers View Full Coverage on Google News…