The GE Aerospace stock price recovered modestly this year ahead of the upcoming fourth-quarter earnings. It rose to a high of $182.85, its highest swing since November last year. It has risen by almost 15% from its lowest point in December. So, is GE a good stock to buy? GE…
Paytm posted its earnings for the December quarter on January 20. The payment giant reported that its net loss for the December quarter narrowed to ₹208 crore (around $24.4 million), compared to ₹220 crore in the same period last year. During the quarter, Paytm completed the sale of its stake…
Taiwan Semiconductor Manufacturing Co. (TSMC) is at the centre of a geopolitical and economic tug-of-war as it navigates US efforts to localise semiconductor manufacturing. While the Biden administration allocated $6.6 billion under the CHIPS and Science Act to support TSMC’s three Arizona-based fabrication plants, the landscape may shift under a…
Alibaba stock price has remained on edge in the past few days as investors waited for the next actions from the incoming Donald Trump administration. It was trading at $85.10, up by about 6.2% from its lowest level this year. So, is BABA a good contrarian investment to buy? Alibaba’s…
Artificial intelligence has already driven the US tech stocks up significantly over the past 12-14 months, but Wedbush Securities senior analyst Dan Ives is convinced the tailwind will unlock further upside moving forward. In fact, the AI-driven tech bull market is only halfway through at writing, he argued in a…
The US Department of Energy has agreed to lend $6.6 billion to Rivian Automotive Inc (NASDAQ: RIVN) to set up a new production facility in Georgia. Dubbed the “Project Horizon”, the 9 million square foot plant would produce an estimated 400,000 electric vehicles annually. In a statement last week, Rivian…
Investors have been increasingly interested in Tesla Inc ever since the electric vehicle behemoth revealed plans of launching a robotaxi service in 2025. Meanwhile, analysts seem confident that Chinese self-driving stocks are emerging as top contenders as well. Two of them in particular, Pony AI and Hesai Group, they’re convinced,…
Last month, China’s homegrown large passenger aircraft, the C919, crossed a critical milestone by completing its first international flight—a scheduled journey to Hong Kong. The C919 jet, produced by the Chinese state-owned aircraft manufacturer Commercial Aircraft Corporation of China (COMAC), is now aiming to open new routes to Southeast Asia…
TikTok was accessible to some US users on Sunday after President-elect Donald Trump announced plans to issue an executive order delaying a federal ban on the platform. The ban, originally set to take effect that day, was tied to the failure of TikTok’s parent company, ByteDance, to divest the app…
China left key lending rates unchanged on Monday for the third straight month as the country seeks to maintain currency stability amid expectations of further monetary easing to support economic growth. The People’s Bank of China (PBOC) maintained the one-year loan prime rate (LPR) at 3.1%, while the five-year mortgage…