Michael Burry loads up on Alibaba stock: should you buy it too?
“Big Short” investor Michael Burry raised his stake in Alibaba Group Holdings Ltd (NYSE: BABA) by 30% in the third quarter. He expects the tech stock to rally on the…
China opens Chancay port in Peru, boosting influence in Latin America
China is set to strengthen its position in Latin America with the official opening of the first phase of the Chancay port project, located 70 kilometers north of Lima. This…
Bloom stock poised for massive gains after AEP deal, analyst says
Bloom Energy Corp (NYSE: BE) announced a supply agreement with American Electric Power Company Inc (NASDAQ: AEP) for up to 1 gigawatt of its solid oxide fuel cells on Friday.…
Dollar dominates as Powell’s hawkish stance fuels market jitters
The US dollar stands tall, poised for its most significant weekly gain in months, buoyed by hawkish commentary from Federal Reserve Chair Jerome Powell that sent tremors through global markets.…
Can’t afford a home? Maybe your parents can
The American dream of homeownership is increasingly tied to inherited wealth, as a record number of first-time buyers rely on inheritances to navigate a historically challenging housing market. Skyrocketing prices,…
CLSA shifts focus from China to India amid Trump’s return and economic challenges
Global brokerage CLSA has made a significant pivot in its investment strategy, moving back to Indian equities while reducing exposure to China. . The reversal marks a significant move for…
Gold set for worst week since 2021; copper market braces for further losses
Gold prices were flat on Thursday, but were on course for its worst weekly performance since 2021. Hot US inflation and dovish signals from the Federal Reserve cast doubts over…
China opens Chancay port in Peru, boosting influence in Latin America
China is set to strengthen its position in Latin America with the official opening of the first phase of the Chancay port project, located 70 kilometers north of Lima. This…
CLSA shifts focus from China to India amid Trump’s return and economic challenges
Global brokerage CLSA has made a significant pivot in its investment strategy, moving back to Indian equities while reducing exposure to China. . The reversal marks a significant move for…
Michael Burry loads up on Alibaba stock: should you buy it too?
“Big Short” investor Michael Burry raised his stake in Alibaba Group Holdings Ltd (NYSE: BABA) by 30% in the third quarter. He expects the tech stock to rally on the…