What’s Going On With Alibaba Stock Thursday?
Alibaba stock lost over 15% in the last 12 months as it battled intense domestic competition and a weak domestic economy.
Asia Mixed, Europe Markets Advance While Crude Hits $80 Again – Global Markets Today While US Slept
US stock markets closed higher on Tuesday with S&P 500 and Nasdaq reaching record highs. Nvidia became world's most valuable company. Asian markets mixed.
JPMorgan Analyst Turns Bullish On Chinese Tech Stocks Amid Improving Economic Signs, Sees Up To 25% Surge: ‘China Macro Stabilization’ The Key
A JPMorgan Chase & Co analyst, who was previously bearish on China's tech sector, is now predicting a significant increase in stock prices.
Chinese Central Bank Governor Dismisses Bond Trading As Monetary Easing Tool, Economists Note It Is A More Frequent Necessity
China's central bank governor dismisses bond trading as monetary easing strategy as the Xi Jinping-led country battles economic concerns.
Netflix Bets Big On Smallest Southeast Asian Market, Expands Local Content Production To Replicate ‘Squid Game’ Success
In a bid to replicate the success of its South Korean hit 'Squid Game', Netflix Inc is boosting its local content production in Southeast Asia.
Brazil Implements Plan To Become A Key Rare Earth Elements Supplier
Brazil, holding the world's third-largest REE reserves, has significantly advanced in this sector with the launch of the Serra Verde mine.
Asia And Europe Markets Advance, Crude Near $80 While Dollar Gains – Global Markets Today While US Slept
US stock markets finish strong with record highs driven by surge in tech stocks. Economic indicators show improvement while Asian markets rise.
Why Alibaba Stock Could Rally: Golden Cross In Sight
Alibaba is nearing a bullish Golden Cross, with strong AI and cloud ambitions, despite facing competition and bearish momentum. Solid business, attractive valuation, and potential uptrend signal future growth.
China’s Housing Funk Deepens As Manufacturing Falls Short
China's housing market declined in May due to low investment and home prices, while industrial output improved. Retail sales exceeded expectations.
Asia Dips, European Markets Advance, While Crude And Gold Trade Lower – Global Markets Today While US Slept
U.S. stocks mixed on Friday, Nasdaq sets record high while S&P 500 and Dow close lower. Asian markets decline, European stocks slightly up.