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
Economy
Economy
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
Economy
Micron rally has more room to run, BofA says as it raises PT; shares rise
The stock of Micron Technology has been on a stunning rally over the last year, with its share price surging by more than
Economy
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
Gold
Dow slips 150 points as hot inflation, oil surge hit Wall Street
Wall Street opened lower on Tuesday as investors reacted to a hotter-than-expected inflation report and mounting concerns that the ongoing US-Iran conflict could
Gold
Cisco stock at its most overbought since 2018 — and a top pro sees 25% upside
Cisco stock price continued its bull run this week and is now trading at its all-time high. It has jumped in the last
Gold
Plug Power stock slowly flashes a bullish pattern: is a 30% surge coming?
Plug Power resumed its strong surge in the extended hours today, May 12, as the company published strong financial results, confirming that it
Gold
Affirm stock forms a bullish setup as BoFA hints at a surge ahead
Affirm stock price has remained in a tight range in the past few weeks, and its recent earnings provided no boost. It was
Gold
Aluminium recyclers warn of EU ETS hit, copper nears record highs
European aluminium producers are bracing for a sharp rise in costs as the European Union prepares to overhaul its Emissions Trading System (EU
Gold
Wendy’s stock jumps 13% as Nelson Peltz eyes potential take-private bid
Nelson Peltz’s activist investment firm Trian Fund Management is seeking investor backing for a potential bid to take fast-food chain Wendy’s private, according