Newsfeeds Archive - Page 2 of 9

2 minute read

Dow Jones Hits 40,000, Chinese Tech Stocks Jump To 15-Month Highs, Bloodbath On Meme Stocks: What’s Driving Markets Thursday?

May 16, 1:44 PM

U.S. major stock indices climbed higher on Thursday morning, with the Dow Jones Industrial Average achieving a historic milestone by surpassing 40,000 points.

AMAT

2 minute read

What To Expect From Alibaba’s Earnings? Here’s What Goldman Sachs Is Watching

By Anusuya Lahiri

May 13, 2:42 PM

With the China internet sector up 15% year-to-date (or KraneShares Trust KraneShares CSI China Internet ETF (NYSE: KWEB) +30% from late-January lows), Goldman Sachs analyst Ronald Keung highlighted the critical numbers in focus heading in the Tencent Holding Ltd (OTC:

BABA

2 minute read

Tech Stocks Inch Higher Ahead Of Key Inflation Data, GameStop Skyrockets, Tencent Fuels China Rally: What’s Driving Markets Monday?

By Piero Cingari

May 13, 1:47 PM

Wall Street kicked off a data-heavy week on a mixed note as traders await key inflation updates and remarks from Fed Chair Jerome Powell in the coming days.

$DOGE

2 minute read

Why Is Tencent Music Stock Trading Higher on Monday?

By Anusuya Lahiri

May 13, 9:09 AM

Tencent Music Group (NYSE: TME) exceeded analyst estimates with a Q1 revenue decline of 3.4%, driven by growth in online music services and higher gross margins.

KWEB

2 minute read

China-Focused ETFs Have Become ‘Political Footballs’ In US As Investor Apprehension Leads To Large Scale Shutdown

By Benzinga Neuro

May 13, 3:42 AM

13 U.S.-listed China ETFs have ceased operations in the first quarter of 2024 alone while new ETFs launched have also dropped.

FXI

2 minute read

Trump’s China Tariff Hikes Could Smother US Economic Growth: Fitch Ratings Sounds Alarm

By Piero Cingari

May 9, 4:10 PM

Fitch Ratings warns of economic fallout from Trump's proposed trade tariffs if he wins 2020 election. US GDP could decline by 0.4-1.1%, and inflation may decrease in long term. US trading partners could see even greater declines, with China, Canada, and Mexico at risk. Trade imbalance blamed on savings and investment disparity, not tariffs.

GXC

2 minute read

The Dragon Awakens: KraneShares CIO Names 5 Reasons To Invest In China’s Stock Market Rebound

By Surbhi Jain

May 9, 12:50 PM

China's stock market has rebounded impressively in 2024, thanks to government support, changing sentiments of global investors, policy reforms, and economic recovery.

FXI