Alibaba stock price surged to its highest level in March as Chinese equities surged after it published strong financial results on Friday. BABA also jumped after reports showed that it had developed a chip that could challenge NVIDIA. It rose to a high of $136.42, up by 71% from its…
The Dow Jones, S&P 500, and Nasdaq 100 indices and their ETFs moved sideways last week as investors focused on monetary policy and Nvidia earnings. The S&P 500 Index pulled back to $6,460 from the year-to-date high of $6,500.Similarly, the Dow Jones Index was trading at $45,545, while the Nasdaq…
Marvell stock price plummeted by over 18% on Friday after the semiconductor giant published its earnings report. MRVL plunged to a low of $62.87, its lowest level since June 4, and 26% from its highest point this month. So, is it safe to buy the MRVL stock dip or wait…
Japan-US trade talks just hit a major snag over rice. According to a Nikkei report, the Trump administration is pushing Japan to import more American rice, and Tokyo is not having it.Japanese officials are calling this demand completely out of line, saying it messes with their domestic farm policies and…
Wall Street ended the week on a cautious note as markets dipped, tech stocks faltered, and investors braced for fresh inflation data. Beyond the markets, political and corporate drama dominated headlines from Trump’s unprecedented attempt to oust a Fed governor and a court ruling against his tariffs, to Nvidia’s blockbuster earnings…
The 2025 NFL season kicks off on September 4 with the defending champion Philadelphia Eagles hosting the Dallas Cowboys. For investors, this isn’t just football – it’s a financial playbook.The NFL commands the largest share of US sports betting volume, and with 38 states now legalizing some form of sports…
Japan-US trade talks just hit a major snag over rice. According to a Nikkei report, the Trump administration is pushing Japan to import more American rice, and Tokyo is not having it.Japanese officials are calling this demand completely out of line, saying it messes with their domestic farm policies and…
Wall Street ended the week on a cautious note as markets dipped, tech stocks faltered, and investors braced for fresh inflation data. Beyond the markets, political and corporate drama dominated headlines from Trump’s unprecedented attempt to oust a Fed governor and a court ruling against his tariffs, to Nvidia’s blockbuster earnings…
According to papers released late Friday, an Elliott Investment Management affiliate has emerged as the preferred winner in the long-running US court-supervised auction of shares in Citgo Petroleum’s parent company. Robert Pincus, the court-appointed officer monitoring the process, supported Elliott’s Amber Energy unit’s $5.89 billion offer, despite a competing bid…
Retail stocks have done fairly well since April, as indicated by the “XRT” exchange-traded fund (ETF). Still, R5 Capital founder Scott Mushkin says the second half of 2025 will likely be a different story.“We don’t like much in retail,” he told CNBC in a recent interview, citing widespread structural and…