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Alibaba’s $110 Billion Rally on AI Optimism Faces Earnings Test

Alibaba Group Holding Ltd. faces a key test in its earnings presentation Thursday after a DeepSeek-sparked rally added more than…

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Crypto Views Trump’s Order as Opening Fast Track to Friendly Rules

The digital-asset sector finally received a supportive executive action from President Donald Trump, ending an anxious wait and opening up…

January 24, 2025 2 MINUTES READ

Dollar on defensive after soft data, battered yen under watch

The dollar was on the back foot on Thursday after U.S. economic data continued to point to slowing growth, offering…

July 4, 2024 2 MINUTES READ

Yen falls further as Bank of Japan stands pat on rates

The Bank of Japan kept its ultra-low interest rates unchanged Friday and stopped short of signalling another hike, pushing the…

April 26, 2024 2 MINUTES READ

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Meta Platforms’ Record Winning Streak Puts Stock Split in View

Meta Platforms Inc.’s (META) recent record-breaking, 20-day rally propelled the share price to a level where investors may start calling on the company to split its stock for the first time since going public in 2013. That winning streak drove the social media company’s shares to a record close of $736.67 on Feb. 14 and…
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