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2 mins read
Prospects of a Trump win and huge tariffs spark worst sell-off for emerging market stocks in 10 months
Emerging markets are set for their worst monthly decline since January as investors price in higher…
Kelly Cloonan
3 mins read
Hedge fund billionaire David Tepper says he's loading up on Chinese stocks after the nation's stimulus bazooka
"Obviously this is incredibly good for very undervalued Chinese equities, especially when the gover…
Matthew Fox
2 mins read
'Big Short' investor Michael Burry bet half of his portfolio on Chinese stocks. It's finally starting to pay off.
Michael Burry's Scion Asset Management had about half of its portfolio invested in Chinese tech gia…
Matthew Fox
2 mins read
Alibaba's stock dropped so much that Jack Ma reversed a plan to sell shares for his other investments
Jack Ma's family office was set to sell 10 million Alibaba shares this week to invest in agricultur…
Huileng Tan
3 mins read
Bull run bonanza yields almost ₹1 lakh crore in exits for PE/VC investors
Thanks to the bull run which has also seen the market change its view on new-age companies — the ye…
2 mins read
China's latest stimulus boosts emerging-market stocks to the highest level in 2 years
Emerging markets' stocks climbed to their highest since April 2022 on Tuesday after China introduce…
Kelly Cloonan
4 mins read
Paytm stock searches for a new bottom despite assurances by the management
The restrictions placed on PayTM Payments Banks (PPBL) by the regulator has triggered a sharp sello…
5 mins read
Magnificent 7 stocks aren't setting the market up for another tech bubble
In today's big story, we're looking at why the Magnificent 7's domination of the stock market might…
Dan DeFrancesco
2 mins read
Alibaba extends losses to $26 billion in market value after the company announces big reversal of spin-off plans
Alibaba was down for a second day on Friday, deepening losses as plans to spin off its cloud unit w…
Phil Rosen
2 mins read
The late Charlie Munger's final stock-portfolio update is out - and it shows his iconic approach to investing
Charlie Munger built Daily Journal's stock portfolio from nothing to $300 million in part by leavin…
Theron Mohamed
1 min read
'Big Short' investor Michael Burry exits Amazon and Alphabet — but boosts Alibaba and bets on Baidu
Michael Burry, known for his huge bet against the mid-2000s housing bubble, sold US tech stocks and…
Theron Mohamed
1 min read
Temu's parent company's stock tanked on a major warning sign from the cheap e-commerce brand
The company reported about $4.4 billion in profits in the quarter, a 144% increase compared to last…
Shubhangi Goel
1 min read
Alibaba stock jumps 10% as the Chinese tech giant begins its biggest reorganization ever and eyes new IPOs
The move to split the company into six independently run entities comes just a day after cofounder …
Phil Rosen
1 min read
'Big Short' investor Michael Burry reveals a bet against Nvidia and other microchip stocks
Michael Burry's Scion Asset Management bought bearish put options on a semiconductor ETF that count…
Theron Mohamed
1 min read
Alibaba says it's launching its own ChatGPT rival as the AI craze sends some stocks soaring
Chinese e-commerce giant Alibaba is testing its own rival to ChatGPT, joining the tech race to tap …
Zinya Salfiti
2 mins read
Alibaba jumps 12% as China approves new video games in a further sign Beijing is easing its tech crackdown
China reportedly approved 60 online video games, the most in nearly a year. Beijing has signaled it…
Carla Mozée
1 min read
Alibaba and other Chinese stocks get a boost after Shanghai lifts COVID-19 restrictions and officials unveil stimulus measures
Shanghai is offering tax incentives and subsidies to kickstart the local economy after two months o…
Carla Mozée
2 mins read
Alibaba exiting India? Paytm among other Alibaba-owned stocks seeing selloff
Paytm's stocks on Thursday saw a sharp downside movement after a block deal that took place where 2…
ANI
2 mins read
Chinese stocks continue to melt down as spike in COVID-19 cases spurs new lockdowns and threatens global supply chain
Lockdowns spurred by a surge in COVID-19 cases shut down factories operated by Foxconn that are use…
Matthew Fox
1 min read
Alibaba rises as much as 11% after the Chinese e-commerce giant lifts its share buyback program to $25 billion
This is the Chinese e-commerce company's largest ever share buyback plan and will be valid for two …