Indian stock markets are poised for a subdued, potentially lower opening on Tuesday, May 13, as investors likely look to book profits following a spectacular rally in the previous session. While positive global cues provided some support overnight, domestic factors including ongoing Q4 earnings, upcoming inflation data, and the recent…
Alibaba and JD.com, major Chinese e-commerce companies, are intensifying their competition for market share by heavily investing in instant retail. This strategy focuses on delivery times of 30 to 60 minutes, according to a Reuters report.China’s top online retailers, JD.com and Alibaba, face growth challenges, prompting investors to closely examine their…
Axon stock price has been one of the best performers in the past few years as demand for tasers jumped. The AXN share price has jumped by over 800% in the last five years compared with the S&P 500 Index, which rose by 91%. It has jumped by 130% in…
Asian equities climbed sharply on Tuesday, extending a global rally after the United States and China agreed to pause their trade war for at least 90 days. Japan’s Nikkei jumped 2% to reach its highest level since February 25, while Taiwan’s tech-heavy index also gained 2 per cent. Chinese shares…
European stock markets opened with modest gains on Tuesday, attempting to build on the previous session’s rally, though an undercurrent of caution persisted as investors shifted their focus from initial trade relief to a heavy slate of corporate earnings and key economic data releases. The 90-day pause in the US-China…
China has quietly lifted a month-long ban on airlines taking delivery of Boeing Co. aircraft, Bloomberg reported on Tuesday citing people familiar with the matter, in what marks one of the first tangible signs of progress following a temporary de-escalation in trade tensions with the United States.According to sources in…
Coinbase stock price jumped in the pre-market on Tuesday as the company prepares to join the blue-chip S&P 500 Index. It rose to a high of $223, up by over 57% from its lowest point this year. This article explains why the COIN stock is rising, and why it may…
Asian equities ended mixed on Tuesday, as the initial optimism surrounding the weekend’s US-China trade agreement gave way to caution. Investors scaled back expectations of aggressive interest rate cuts by the Federal Reserve and questioned the durability of the 90-day tariff truce.Ratings agency Fitch noted that the US effective tariff…
News of a temporary truce between the United States and China over punitive trade tariffs sparked a broad-based rally in US pre-market trading led by megacap technology stocks. The group known as the “Magnificent Seven”—Amazon, Apple, Meta, Microsoft, Alphabet, Nvidia, and Tesla—rose sharply in premarket trading, with Amazon and Tesla…
President Donald Trump said Monday that China “agreed to open” its markets to American businesses, following a mutual agreement to reduce tariffs between the two nations. The temporary easing of trade restrictions is part of a 90-day deal aimed at de-escalating tensions between Washington and Beijing.Although Trump described the market…