Alibaba shares fall as AI spending dents earnings despite strong growth
Shares of Alibaba Group fell more than 2.5% in premarket trading on Wednesday after the Chinese technology giant reported mixed quarterly results, with
Business
Business
IEA warns of plunging oil stockpiles as Gulf war cuts supply, demand slumps
Global oil markets are reeling as the International Energy Agency (IEA) warns that world demand will contract by 420,000 barrels per day this
Business
Micron rally has more room to run, BofA says as it raises PT; shares rise
The stock of Micron Technology has been on a stunning rally over the last year, with its share price surging by more than
Business
Figma stock price just double-bottomed: will it surge after earnings?
Figma stock price has crashed and is hovering near its all-time low as concerns about its business growth and costs jump. After peaking
Business
OPEC slashes 2026 oil demand growth forecast on OECD weakness
OPEC has lowered its forecast for global oil demand growth in 2026, citing weaker consumption in advanced economies and signs of moderation in
Business
Nvidia stock hits new ATH again: what’s fueling the golden run?
Shares of Nvidia (NVDA) climbed on Wednesday, extending gains for a sixth straight session and hitting another record high. The stock jumped around
Investing
Pound weakens against Yen amid UK leadership concerns
The GBP/JPY currency pair pared its earlier gains during Asian trading hours on Wednesday, hovering around the 213.60 level as mounting political uncertainty
Investing
US Dollar holds steady as markets await Trump-Xi summit updates
The US Dollar continued to strengthen early Wednesday after outperforming major peers in the previous session, as investors reacted to stronger-than-expected US inflation
Investing
Indian rupee under pressure as oil rally sparks fresh lows
The Indian rupee weakened to a fresh all-time low on Wednesday, extending its losing streak as overseas debt repayments and importer hedging demand
Economy
SCHD ETF stock just flashed a rare pattern: here’s why it may surge
The Schwab US Dividend Equity (SCHD) ETF has remained on edge in the past few days and is now hovering near its all-time