(Bloomberg) — Once again, the Brazilian economy started the year with a bang, beating forecasts and giving President Luiz Inacio Lula da Silva reason to celebrate. This time around, the win is likely to be far less enduring. Most Read from Bloomberg After half a year of stagnation, gross domestic product grew 0.8% in the […]
Tencent Holdings‘ WeChat Pay can now be used by mainland Chinese tourists in the Maldives, as the expanded coverage of the firm’s popular digital wallet rides on the recovery of China’s outbound travel. The Chinese tech giant on Monday signed a three-year deal with the tourism authorities of the Republic of Maldives to jointly promote […]
Asian shares were mostly higher on Monday after U.S. stocks bounced back from Wall Street’s worst day since April to finish higher for the week. U.S. futures slipped while oil prices advanced. Tokyo’s Nikkei 225 added 0.3% to 38,758.96 and the Kospi in Seoul jumped 0.7% to 2,705.87. Australia’s S&P/ASX 200 surged 0.7% to 2,705.87 […]
Lucas Jackson/Reuters US stocks traded higher on Friday, attempting to rebound from a 2-day sell-off. Inflation worries from Fed minutes and hot economic data sparked the Dow’s worst sell-off in a year on Thursday. Investors are awaiting next week’s release of PCE data to gauge if inflation is falling or not. US stocks edged higher […]
By Lewis Krauskopf NEW YORK (Reuters) – A rebound that has taken the U.S. stock market to record highs this week may have further to run, if history is any guide. Fresh signs of a cooling economy calmed inflation worries in May, helping all three major U.S. stock indexes rise to records this week. The […]
(Reuters) – Cisco Systems shares rose about 4% before the bell on Thursday after an upbeat fourth-quarter forecast signaled further stabilization in networking equipment demand and benefits from its $28 billion deal for cybersecurity firm Splunk. The world’s largest networking equipment maker had struggled with sluggish demand as customers adjusted piled up inventory from frenetic […]
By Lewis Krauskopf NEW YORK (Reuters) – A rebound that has taken the U.S. stock market to record highs this week may have further to run, if history is any guide. Fresh signs of a cooling economy calmed inflation worries in May, helping all three major U.S. stock indexes rise to records this week. The […]
(Bloomberg) — Michael Burry’s investment firm doubled down on its bets on JD.com Inc and Alibaba Group Holding Ltd. in the first quarter as Chinese equities bottomed out. Most Read from Bloomberg JD.com was Scion Asset Management’s top holding after the firm boosted its stake in the e-commerce operator by 80% during the period, according […]
Bitcoin rebound spurs demand for out-of-the-money calls at strikes from $70,000 to $100,000. Analysts said the path of least resistance for bitcoin is on the higher side. Bitcoin’s {{BTC}} renewed price upswing has options traders reconsidering the possibility of the cryptocurrency reaching the $100,000 level at some point this year. The leading cryptocurrency by market […]
(Bloomberg) — The father-son duo behind Carvana Co. have seen their fortunes rebound as shares of the Phoenix-based online used-car dealer have surged more than 3,000% from historic lows. Most Read from Bloomberg Ernie Garcia II and Ernie Garcia III have added more than $11 billion in combined net worth since December 2022, when Carvana […]
(Reuters) – Qualcomm shares rose 4% in premarket trading on Thursday after the smartphone-focused chipmaker signaled an AI-fueled rebound in demand, especially in China, after a two-year slump. Sales to Chinese smartphone makers jumped 40% in the first half of its fiscal year, the company said on Wednesday, as buyers there gravitate toward higher-priced devices […]
Description: Vintage Milk Glass Basketball Mug – Blue Red Jump Ball Rebound Zone Defense Foul Price : $ 9.35 ⭐⭐⭐⭐⭐ View on ↗ girls for men 261672