GABRIEL SANTOS IVANA JUAREZ - Lisbon Investment Society
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IVANA JUAREZ ANDRÉS DAMIÁN GABRIEL SANTOS FÁTIMA HERNANDEZ
BSc in Economics BSc in Economics Msc in Quantitative Methods Bsc in finance
for Decision-Making in
Economics and Business
Nvidia unveils plans to sell new CPU Record Alibaba Fine Shows China’s Big
processors, challenging Intel and AMD Tech Can’t Fight Back
Nvidia Corp., known for making premium GPU Chinese regulators announced a $ 2.8 billion fine to
processors, announced plans to manufacture its first CPU, Alibaba (~ 4% of the company's annual revenues) for
expanding into the most lucrative market of Intel and allegedly adopting anti-competitive practices. According
AMD. The news sent Intel and AMD shares down, while to regulators, the company punished sellers who decided
Nvidia rose 4%. The new CPU based on Arm technology, to advertise their products on rival platforms (such as
named Grace, is designed to work closely with Nvidia JD.com, for example). In addition to the payment of the
graphics chips to handle new computing problems, fine, the company commits itself to an internal index of
including AI supercomputing. Systems working with compliance with the authorities. Recently, a regulatory
Grace will be faster than those using a combination of threat is a constant for Alibaba, and it has certainly
Nvidia graphics and Intel CPUs. contributed to a 27% drop in shares in the last 6 months.
Coinbase Global Inc. Makes Nasdaq debut Brazil must show Amazon Forest
amid virtual currencies frenzy protection is working before support
Cryptocurrency exchange Coinbase Global Inc. made its payments resume
highly anticipated stock market debut on Nasdaq. The Following the fires in the Amazon rainforest, the United
company was set to be valued at more than $94 billion. States and Norway demand Brazil demonstrate its efforts
The company stock opened at 44% up from the reference to reduce the ongoing deforestation are working. The
price of $250 per share. The valuation of the firm rose above before resuming payments for its protection.
rapidly this year in line with bitcoin gains. The Earlier this month Brazil asked for $1 billion in foreign aid
cryptocurrency hit a record high of over $ 63,000 as claiming it will help reduce deforestation by 40%, but
enthusiasm for the emerging asset surged. support will only come if results and a display of political
will from President Bolsonaro are seen, said Rotevatn,
IMF takes a more positive view of Asian Norway´s Minister of Climate and Environment.
markets
The IMF expects Asia's economy to expand 7.6% this year,
AMC stocks under attack from short-
up from the 6.9% increase projected in October, as sellers
advanced economies such as Japan, Australia and South After bordering bankruptcy amid the Covid pandemic,
Korea enjoy solid growth on the back of strong U.S. and the CEO of AMC said the movie chain is under attack
Chinese demand; however, if U.S. yields rise faster than from short-sellers. A statement based on the 50% rise that
expected, or if there is a lack of communication about the short sales volume saw in March. Adam Aron said the
future U.S. monetary policy, adverse spillover effects company is in process of rebuilding in order to avoid a
could present challenges by compromising macro- permanent closure like the ones of Pacific Theaters and
financial stability. ArcLight Cinemas. AMC has the authorization to sell 43
million new shares to gain flexibility and buy back debt
Grab Holdings Inc., Southeast Asia's most or acquire another chain.
valuable startup, to list in the U.S
The Singapore-based startup will have a market value of
about $39.6 billion after the combination with Altimeter
Growth Corp, the special purpose acquisition arm of
Altimeter Capital Management, Grab is raising more than
$4 billion from investors including BlackRock Inc, Fidelity
International and T. Rowe Price Group Inc. The deal
would make the transportation and food delivery giant,
the first Southeast Asian tech unicorn to go public
through a SPAC.
American Airlines Bets on Travel
Resurgence With Summer Schedule
Confident in the resumption of travel with the advance of
vaccination in the USA, American Airlines announced the
creation of 150 new routes during the summer of the
northern hemisphere (July-August). During the holiday
period, the company. expects to operate at 85% of pre-
pandemic capacity. According to Allegiant low-cost
company, the reservations made in March were higher
than those obtained in the same month of 2019.
SOURCES
https://finance.yahoo.com/news/singapore-grab-list-u-record-100000411.html.
https://finance.yahoo.com/news/rpt-imf-offers-rosier-view-224448489.html
https://finance.yahoo.com/news/nvidia-server-processors-targeting-intel-173841790.html
https://finance.yahoo.com/news/coinbase-heads-91-billion-valuation-150423175.html
https://www.bloomberg.com/news/articles/2021-04-14/american-air-bets-on-travel-resurgence-with-new-summer-schedule
https://finance.yahoo.com/news/china-record-alibaba-fine-shows-122303758.html
https://www.reuters.com/business/environment/brazil-demand-us-pay-upfront-stalls-deal-save-amazon-forest-2021-04-15/
https://www.reuters.com/business/environment/brazil-must-show-amazon-protection-is-working-top-donor-norway-says-2021-04-14/
https://finance.yahoo.com/news/amc-entertainment-rises-ceo-clarifies-154113824.html
EDITION CONTACT US
lis@iseg.ulisboa.pt
linkedin.com/company/lis--lisbon-
investment-society/
@iseg.lis
EVA MARTINS
BSc in Management
LIS - Lisbon Investment Society
Iseglis.com
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