Here’s why Alibaba, Tencent, Xiaomi stocks are falling amid the AI boom
The biggest Chinese technology companies are underperforming the market despite the ongoing artificial intelligence boom. Xiaomi stock has plunged by 30% this year, while Tencent and Alibaba have dropped by…
Here’s why Alibaba, Tencent, Xiaomi stocks are falling amid the AI boom
The biggest Chinese technology companies are underperforming the market despite the ongoing artificial intelligence boom. Xiaomi stock has plunged by 30% this year, while Tencent and Alibaba have dropped by…
Foreign buying of Japanese stocks climbs amid AI demand optimism
Foreign investors continued buying Japanese equities for an eighth consecutive week through May 23, supported by easing oil prices and growing optimism around artificial intelligence-related shares. According to data released…
Here’s why the XRP price is in a deep dive today (May 28)
XRP price crashed below a crucial support level today, May 28, as liquidations in the crypto industry. It also plunged amid the ongoing US-Iran tensions, and as investors rotated to…
HDFC Bank shares tumble as deposit payment row rattles investors
HDFC Bank shares declined on Wednesday after a newspaper report alleged that India’s biggest private lender made payments to a Maharashtra state department to secure large deposits, raising fresh questions…
ASX 200 index on edge as Australian bond yields fall after inflation cools
The ASX 200 Index remained in a tight range while Australian bond yields fell after the latest consumer inflation report. It was trading at A$8,660, a few points below this…
SoftBank surges 13% to new all-time high: here’s why analysts see more upside
SoftBank Group stock surged nearly 13% on Tuesday, hitting a record intraday high of 8,000 yen and emerging as the best performer on the Nikkei 225. The move extended the…
Brent crude oil price may crash to $58, rare chart pattern suggests
Brent crude oil price rose a bit on Tuesday as the US launched strikes against some Iranian targets and as Israel’s Benjamin Netanyahu urged the military to strike Hezbollah targets…
Asian stocks jump as Nikkei 225, Hang Seng, Kospi cheer potential US-Iran deal
Asian stock indices jumped on Monday morning as market participants predicted that the US and Iran will extend the ceasefire by 60 days. In Japan, the Nikkei 225 Index jumped…
WTI crude oil price gaps lower to $92 as Trump blasts Iran deal critics
The West Texas Intermediate (WTI) crude oil price retreated sharply, reaching its lowest level since May 7, as investors waited for the potential deal between the United States and Iran.…