Alibaba shares fall as AI spending dents earnings despite strong growth
Shares of Alibaba Group fell more than 2.5% in premarket trading on Wednesday after the Chinese technology giant reported mixed quarterly results, with
Business
Business
IEA warns of plunging oil stockpiles as Gulf war cuts supply, demand slumps
Global oil markets are reeling as the International Energy Agency (IEA) warns that world demand will contract by 420,000 barrels per day this
Business
Figma stock price just double-bottomed: will it surge after earnings?
Figma stock price has crashed and is hovering near its all-time low as concerns about its business growth and costs jump. After peaking
Business
OPEC slashes 2026 oil demand growth forecast on OECD weakness
OPEC has lowered its forecast for global oil demand growth in 2026, citing weaker consumption in advanced economies and signs of moderation in
Business
Nvidia stock hits new ATH again: what’s fueling the golden run?
Shares of Nvidia (NVDA) climbed on Wednesday, extending gains for a sixth straight session and hitting another record high. The stock jumped around
Economy
SCHD ETF stock just flashed a rare pattern: here’s why it may surge
The Schwab US Dividend Equity (SCHD) ETF has remained on edge in the past few days and is now hovering near its all-time
Economy
China’s AI stock rally gets a Jensen Huang boost: Why analysts remain bullish
Chinese artificial intelligence model developers rallied sharply on Wednesday after Nvidia Chief Executive Officer Jensen Huang joined US President Donald Trump on his
Economy
Solana AI PreStocks crash after OpenAI and Anthropic stock transfer warnings
Solana-based PreStocks tied to Anthropic and OpenAI have plunged this week after both artificial intelligence firms warned that unauthorised share transfers conducted through
Economy
Concordium named AI partner of Denmark’s National Ice Hockey team
Danmarks Ishockey Union (DIU) has named Concordium as the Official AI Partner of the Danish National Ice Hockey Team. The partnership will launch
Economy
Dow falls 230 points as hot inflation data rattles Wall Street
US stocks opened subdued on Wednesday after another stronger-than-expected inflation report reinforced expectations that the Federal Reserve may keep interest rates elevated throughout