Private equity companies have done well in the past 12 months, helped by the robust inflows into alternative assets. The closely-watched Invesco Global Listed Private Equity ETF (PSP) has jumped by over 30% in this period and is hovering at its highest point since 2022. David Rubenstein’s Carlyle has trailed…
Li Auto (NYSE: LI) stock price has staged a strong recovery in the past few days, joining other Chinese EV companies like Xpeng and Nio. It has risen in the last three consecutive days, reaching a high of $24.75, its highest point since May 13, and 41% above the current…
PayPal (PYPL) stock price has done well this year, as we predicted a few months ago. It soared to $78.35 this week, its highest level since February 2023, and by over 55% from its lowest level in 2023. PayPal’s turnaround is underway PayPal, one of the biggest beneficiaries of the…
Qualcomm (QCOM) stock price remains in a deep bear market even as the company considers making a bid for Intel, the giant semiconductor company. It has dropped by over 27% from its highest point this year, giving it a market cap of over $184 billion. Qualcomm is facing major headwinds…
The General Electric (NYSE: GE) stock price is firing on all cylinder this year as the transformation under Lawrence Culp continued. It has jumped by over 47% this year, outperforming the closely-watched Vanguard Industrial Index Fund (VIS), which has jumped by almost 17% this year. Soaring demand continues GE Aerospace…
Asian stocks rose on Tuesday, reaching their highest levels in more than two-and-a-half years, as a fresh wave of Chinese stimulus measures bolstered market sentiment. Investors were further encouraged by expectations of additional US interest rate cuts, which continued to pressure the US dollar. China’s top financial regulators unveiled a…
Byju’s, the embattled Indian education technology company, suffered another significant setback on September 23 when the Delaware Supreme Court upheld a ruling that declared the company in default on its $1.2 billion Term Loan B. This decision hands control of Byju’s American subsidiary, Byju’s Alpha Inc., to its lenders, represented…
GE Vernova (NYSE: GEV) stock price has done well as an independently traded company. It has surged for three consecutive weeks, reaching a record high of $254, which is about 122% above the lowest point this year. GE Vernova is a top energy company GE Vernova is a leading company…
In a significant move to address mounting financial pressures, China has announced plans to recapitalize its largest commercial banks for the first time in over a decade. The initiative is aimed at bolstering a banking sector struggling with record-low margins, shrinking profits, and growing bad debt. During a rare press…
The energy industry has come into the spotlight recently as crude oil and natural gas prices have retreated. Most oil stocks have pulled back as investors have embraced the new normal of lower prices as demand concerns have remained. This performance also explains why many companies in the oil services…