Stockwinners Market Radar for July 05, 2021 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

20:04 EDT Fly Intel: Top five weekend stock stories - Catch up on the weekend's top five stories with this list compiled by The Fly: 1. DiDi Global (DIDI) announced on Saturday that according to the announcement posted by the Cyberspace Administration of China on July 4, 2021, the CAC stated that it was reported and confirmed that the "DiDi Chuxing" app had the problem of collecting personal information in violation of relevant PRC laws and regulations. Pursuant to the PRC's Cybersecurity Law, the CAC notified app stores to take down the "DiDi Chuxing" app in China, and required the company to strictly comply with relevant laws and regulations, follow the relevant standards set by the PRC government authorities, and rectify the problem to ensure the security of users' personal information. Once the "DiDi Chuxing" app is taken down from app stores in China, the app can no longer be downloaded in China, although existing users who had previously downloaded and installed the app on their phones prior to the takedown may continue using it. The company said that it "will strive to rectify any problems, improve its risk prevention awareness and technological capabilities, protect users' privacy and data security, and continue to provide secure and convenient services to its users." The company expects that the app takedown may have an adverse impact on its revenue in China. Apart from the suspension of new user registration in China that was previously announced on July 2, 2021, and the app takedown in China as announced in this release, DiDi maintains normal operations globally. Meanwhile, The Wall Street Journal's Lingling Wei and Keith Zhai reported that weeks before DiDi Global went public in the U.S., China's cybersecurity watchdog suggested the Chinese ride-hailing giant delay its initial public offering and urged it to conduct a thorough self-examination of its network security. But for Didi, waiting would be problematic. In the absence of an outright order to halt the IPO, it went ahead, the authors noted 2. An industry group that includes Facebook (FB), Twitter (TWTR) and Alphabet's (GOOG, GOOGL) Google sent a letter to the Hong Kong government saying they could stop their services in the city as the planned changes to data-protection laws could put their staff at risk of criminal investigations or prosecutions, The Wall Street Journal's Newley Purnell reported. "The only way to avoid these sanctions for technology companies would be to refrain from investing and offering the services in Hong Kong," said the previously unreported June 25 letter from the Singapore-based Asia Internet Coalition, which was reviewed by The Wall Street Journal. 3. Robinhood (HOOD) is attempting a feat unrivaled in modern finance, or surfing for that matter-to ride a wave that is simultaneously crashing on top of it, Avi Salzman wrote in this week's edition of Barron's. The wave that Robinhood is riding is the surge in retail trading and, more recently, the meme stock and cryptocurrency craze, the author noted, adding that the frenzy has lifted all of the major brokerage houses and apps, but Robinhood has outpaced its competitors by a long shot. 4. Comcast (CMCSA) subsidiary Universal's "F9" won this weekend's box office with an estimated $22.9M for the three-day period and $30.1M for the four-day holiday. The movie crossed $100M domestically in record time for the pandemic era and is expected to have crossed the $500M globally, making it the top-grossing Hollywood release of 2020 and 2021. 5. General Dynamics (GD) saw a positive mention in this week's edition of Barron's.

17:07 EDT Kanzhun announces cybersecurity review in China - Kanzhun has announced that pursuant to the announcement posted by the Cyberspace Administration of China on July 5, 2021, the company is subject to cybersecurity review by the authority. During the review period, "BOSS Zhipin" app is required to suspend new user registration in China to facilitate the process. The company said it will fully cooperate with the PRC government authority during the review process. The company plans to conduct a comprehensive examination of cybersecurity risks and continue to enhance its cybersecurity awareness and technology capabilities. Apart from the suspension of new user registration of the "BOSS Zhipin" app in China, the company maintains normal operations.

15:51 EDT KKR acquires seven highways assets from Global Infrastructure Partners - KKR announced the signing of definitive agreements under which KKR will acquire Global Infrastructure Partners' entire interest in Highway Concessions One and seven highway assets with a total length of 487 kilometers. HC1 is a platform in India that manages GIP's road portfolio which spans across seven states including Gujarat, Karnataka, Madhya Pradesh, Meghalaya, Rajasthan, Tamil Nadu, and Telangana. Through the acquisition of GIP's interest in HC1, KKR aims to help strengthen and expand India's national highway network, which serves about 40% of total traffic but accounts for only 2% of the country's road network. This latest infrastructure investment is also in line with the government's focus on improving connectivity between cities, with the National Highways Authority of India planning to build 60,000 kilometers of highway in the next five years.