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Categories Stock

BABA stock up by 8% as Alibaba reports strong quarterly profit on AI push, international e-comm growth

Author admin February 20, 2025

Chinese tech giant Alibaba Group Holding Ltd. reported strong earnings for the December quarter, with profit reaching 48.9 billion yuan ($6.7 billion).

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Categories Stock

Despite Q4 loss, Vale shares hold strong: what’s driving investor optimism?

Author admin February 20, 2025

Brazil’s Vale, one of the world’s largest mining companies, reported a net loss of $694 million in the fourth quarter, reversing its

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Categories Stock

Why US oil and biofuel industries are uniting to influence Trump’s policies

Author admin February 20, 2025

US oil and biofuel groups have joined forces to lobby the Donald Trump administration, according to a Reuters report. The group is asking

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Categories Stock

Bumble stock drops 19% on weak user growth, revenue guidance; analysts cut price targets

Author admin February 19, 2025

Shares of dating app operator Bumble, Inc. tumbled more than 19% in premarket trading Wednesday after the company reported slower-than-expected user growth

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Categories Stock

Musk’s X reportedly in funding talks at $44B valuation—the price he paid for Twitter

Author admin February 19, 2025

Elon Musk’s social media company, X, is in discussions to raise new funding at a $44 billion valuation—the same price Musk paid

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Categories Stock

Bill Ackman reveals plans of creating ‘modern-day Berkshire Hathaway’

Author admin February 19, 2025

Billionaire hedge fund manager Bill Ackman is not giving up on plans of taking over Howard Hughes Holdings Inc (NYSE: HHH) to

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Categories Stock

Why Russian wheat bids are slipping after a year of gains

Author admin February 19, 2025

Bids for 12.5% wheat in Russian deep-sea ports witnessed a decline this week, SovEcon, a leading agricultural consultancy, said. The price range dropped

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Categories Stock

Nikola files for chapter 11 bankruptcy as cash flow issues, weak demand for vehicles take a toll

Author admin February 19, 2025

Nikola Corp., once hailed as a rising star in the electric vehicle industry, has filed for Chapter 11 bankruptcy protection, marking the

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Categories Stock

Is it too late to invest in Solaredge stock?

Author admin February 19, 2025

Solaredge Technologies Inc (NASDAQ: SEDG) rallied nearly 30% in premarket today despite posting a not so encouraging release for its fourth financial

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Categories Stock

Why Trump’s advisers are putting Wall Street first, not the Fed

Author admin February 19, 2025

Donald Trump’s administration is charting a course that looks beyond the Federal Reserve, seeking to lower borrowing costs for Americans by influencing

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