Alibaba Shares Rise 18% on Strong Sales and Dividend News
Alibaba Group Holding saw its share price rise by 18% last month, buoyed by a 7% increase in quarterly sales and a meaningful surge in net income. The company also announced a
Meta and Constellation Energy Secure Long-Term Nuclear Deal
Meta Platforms has announced its first deal with a nuclear power plant, agreeing to partner with Constellation Energy to keep its Illinois-based Clinton Clean Energy Center operating for another 20 years. The
AI Giants Urge U.S. to Strengthen Infrastructure and Exports
Top executives from major U.S. AI companies, including OpenAI, Microsoft (MSFT.O), and Advanced Micro Devices (AMD.O), testified at a U.S. Senate hearing on Thursday, stressing the importance of boosting infrastructure and championing
Stocks Flat as Powell Stresses No Rush for Rate Cuts
Stocks remained steady Tuesday as Federal Reserve Chairman Jerome Powell signaled that rate cuts aren’t imminent, while investors monitored inflation data and President Donald Trump’s latest tariff moves. The S&P 500 added
Stocks Rise as Investors Weigh China’s Tariff Response
US stocks moved higher on Tuesday as investors assessed China’s instant retaliation to US President Donald Trump’s additional tariffs amid worries about the risk of a trade war. Traders also took in