Alibaba Stock Surges 7% In Hong Kong After Jack Ma-Ant Report – Alibaba Group Holding (NYSE:BABA)
[ad_1] Shares of Alibaba Group Holding Ltd BABA rose over 7% in morning trade in Hong Kong in the wake of the news regarding billionaire Jack Ma ceding control of Ant Group. Ma’s 10% stake…
Larry Summers Says Can’t Get Wage Inflation Down Without ‘Meaningful’ Slack In Job Market — Believes Recession Prospects ‘Certainly Lower’ – Vanguard Total Bond Market ETF (NASDAQ:BND), SPDR S&P 500 (ARCA:SPY)
[ad_1] Former Treasury Secretary Lawrence Summers said he maintains his view that inflation cannot be brought down to the 2% range without getting wage inflation substantially down. “You don’t get…
IMF’s Gita Gopinath Says Too Early For Fed To Announce Victory Against Inflation – Vanguard Total Bond Market ETF (NASDAQ:BND), SPDR S&P 500 (ARCA:SPY)
[ad_1] International Monetary Fund Deputy Managing Director Gita Gopinath has reportedly warned that the U.S. has not “turned the corner yet” and it is too early for the Federal Reserve to announce victory in its…
Tesla, Amazon, Aehr, Silvergate, Novocure: Why These 5 Stocks Are Drawing Investors’ Attention Today – Tesla (NASDAQ:TSLA), Amazon.com (NASDAQ:AMZN)
[ad_1] Major Wall Street indices closed over 1% lower on Thursday, dragged by strong employment data which could nudge the Federal Reserve to continue its rate hikes. Private sector employment increased…
Michael Burry Says Salesforce Stock Should’ve Been Down 25% On Job Cuts – Salesforce (NYSE:CRM)
[ad_1] “The Big Short” investor Michael Burry has expressed skepticism on the stock price movement of Salesforce Inc CRM following the company’s plans to reduce its current workforce by 10%. “CRM…