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
US-China Tariff Pause Boosts Tech and Chip Stocks
Global technology and chip stocks surged on Monday after the U.S. and China agreed to pause most tariffs on each other’s goods. The trade tensions between the world’s two largest economies had
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
China’s AI Breakthrough Fuels Hong Kong Stock Surge
China’s recent advancements in artificial intelligence and improved relations with tech giants have driven a major rally in Hong Kong stocks and internet companies. However, analysts warn that investor enthusiasm remains volatile,