Shares of DaVita Inc. plummeted in active trading Friday, toward their worst performance in more than two decades, after the dialysis company reported third-quarter that fell well below expectations a...
Tag: Printing
Alibaba, JD, Baidu, and NIO Sink as China Tech Stocks Follow U.S. Selloff
Chinese technology stocks fell on Friday driving the Hang Seng Index to new lows. They seemed to be following U.S. investors who have fled from the sector after a string of disappointing earnings repo...
Euro falls sharply as ECB vows to keep printing money until 2024
ECB President Christine Lagarde interest rates inflation Europe energy crisis recession – AP Photo/Michael Probst, File The euro tumbled below parity against the dollar on Thursday night after t...
This hedge fund manager who made winning bets in 2020, says investors should brace for a decades-long bear market
On the heels of last week’s bullish turn for stocks, the setup is looking slightly less positive for Monday. Hong Kong stocks may be affecting the mood with a giant slump after China’s leader cemented...
Nio stock dives below $10, Alibaba hits 6 1/2-year low as Xi’s power move fuels fears
The U.S.-listed shares of China-based companies were rocked Monday, as China President Xi Jinping’s moves to consolidate power fueled fears that current policies that have led to a slowing economy wil...
Alibaba and Other China Stocks Jump as President Xi Reassures on Tech
Shares in U.S.-listed Chinese companies were moving higher Monday as investors smiled on comments from a high-profile speech by President Xi Jinping that was supportive of the country’s technology sec...
Bitcoin Price Analysis: Printing Lower Lows
BTC/USD Printing Lower Lows: Sally Ho’s Technical Analysis – 13 October 2022 Bitcoin (BTC/USD) extended its recent pullback early in the Asian session as the pair sought to remain above the 19000 f...
Not Ready to Go Full EV? Some Car Companies Bet Bigger on Hybrids
Demand for hybrid vehicles is hot, reinforcing the view from Toyota Motor Corp. and other auto makers that the gas-electric approach will play an important role even as the industry races toward fully...
U.S. auto sales fall slightly in Q3, but GM is a bright spot
DETROIT — U.S. new vehicle sales fell slightly in the third quarter, even though some automakers reported improvement in September. But there are warning signs consumers’ appetite for expensive new ca...
Chinese Tech Billionaire Richard Liu Settles Sexual-Assault Case in Minnesota
MINNEAPOLIS—A legal battle that Chinese feminists had seen as pivotal for the country’s embattled #MeToo movement ended abruptly just before a jury was set to hear the case in a Minnesota courtroom. R...
Is 3D Printing The Sustainable Manufacturing Solution?
The world’s largest jet engine, the GE9X developed by GE Aviation, has six 3D-printed parts inside … [+] and boasts 12% lower fuel consumption and 10% lower operating costs than competing engine...
Bank Of England Pivots To Money Printing, Quantitative Easing
The Bank of England is pivoting to quantitative easing to protect the macroeconomic condition in the United Kingdom. The Bank of England will buy long-dated government bonds to restore balance in the ...
Acala Resumes Operations After Printing Over $3B in Stablecoins
Acala developers almost killed their own project by mistake They are reviving it with the help of the community The protocol has already managed to recapitalize and rebalance Acala Swap’s liquidity Ot...
Acala Resumes Operations After Printing Over $3B in Stablecoins by Mistake
Some blockchain projects have to deal with hackers, and others, like Acala, have to deal with their own developers. A “human error” a few weeks ago almost killed the whole project. Still, thanks to th...
Hong Kong Shares Hit 11-Year Low. Alibaba and Tencent Lead Decline.
Text size Hong Kong’s Hang Seng index fell more than 3% on the week to reach its lowest level since October 2011. Bloomberg Hong Kong stocks ended a bleak week down more than 1% Friday, pushing ...
Alibaba Pours $1 Billion Into Cloud Computing. The Move Is Critical for Its Growth.
Text size Alibaba stock has tumbled since early 2021 amid waves of regulatory pressures. Greg Baker/AFP via Getty Images Alibaba will invest $1 billion into its cloud computing division, doubling down...
Why Alibaba Stock Is an Exception to Goldman’s US Market Preference
Text size Alibaba and other Chinese tech stocks have been battered since the beginning of last year. Qilai Shen/Bloomberg Chinese tech stocks have taken a beating since many hit all-time highs in earl...
Dow Futures Fall as Wall Street Anticipates Another Big Rate Hike From the Fed
Text size AFP via Getty Images Stock futures traded lower Monday in a week that is expected to see the Federal Reserve raise interest rates by another three-quarters of a point in its effort to stamp ...
Why Alibaba, Other China Tech Stocks Are an Exception to Goldman Sachs’ Outlook
Text size Alibaba and other Chinese tech stocks have been battered since the beginning of last year. Qilai Shen/Bloomberg Chinese tech stocks have taken a beating since many hit all-time highs in earl...
FedEx to Close Offices, Park Aircraft After Warning of Sales Shortfall
Updated Sept. 15, 2022 5:42 pm ET Listen to article (2 minutes) FedEx said its quarterly revenue fell below its expectations and it was closing offices and parking aircraft to offset declining volumes...
Opinion: Billionaires typically own concentrated stock positions — this investor posted a 30-fold gain over 10 years on one little-known company
True or false: To build big wealth in the stock market, it pays to be widely diversified. If you guessed “true,” you might want to reconsider. Successful investors from Warren Buffett to Ron Baron tea...
Cheaper electric vehicles coming despite rising battery costs
WARREN, Mich. (AP) — Even though battery costs are rising, auto companies are rolling out more affordable electric vehicles that should widen their appeal to a larger group of buyers. The latest came ...
Opinion: This seasonal investing strategy is 100% accurate in the past 35 years — here are this year’s stocks to consider buying
As October winds down, it’s time to apply a tactic that’s as close to a “sure winner” as you’ll ever find in the stock market: Shop for stock bargains created by tax-loss selling. Mutual funds have un...