category: Markets – Charm

Xi Jinping And Jack Ma’s Upcoming Meeting ‘A Clear Message’ Of Beijing’s Support, Stock Soars In Hong Kong Ahead Of Earnings – Alibaba Gr Hldgs (NYSE:BABA), Apple (NASDAQ:AAPL)

A potential meeting between Chinese President Xi Jinping and Alibaba Group Holding Ltd. BABAF BABA co-founder Jack Ma this week comes as China’s technology stocks continue their strong rally. What Happened: Prominent entrepreneurs including Ma have been invited to meet with China’s top leaders, reported Bloomberg, citing sources. This potential show of support for the…

Bank of America Foresees Possible 40% S&P 500 Plunge Due To Growth-Stock Bubble

Cs news5 days ago04 mins

Bank of America strategists are warning of a potential 40% crash in the S&P 500, attributing it to a growth-stock bubble. What Happened: The bank’s strategists, earlier this week, drew a comparison between the current market scenario and the notorious “Nifty Fifty” and “dot-com” bubbles of the 1960s and late 1990s. They highlighted the similarities between these periods…

Market Instability Looms in Trump’s Second Term, Warns Paul Tudor Jones: ‘There’s No Room for Mistakes’

Cs news6 days ago05 mins

Billionaire hedge fund manager Paul Tudor Jones voiced his apprehensions about the stability of financial markets during President Donald Trump‘s second term. What Happened: During an interview with CNBC earlier this month, Jones explained that the current financial environment is vastly different from when Trump initially assumed office in 2017. He observed significant changes in the fixed…

Jeff Bezos-Backed Anthropic Fights US Move To Block Google’s Search Proposal – Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL)

Cs news1 week ago1 week ago04 mins

Jeff Bezos-Backed Anthropic, an artificial intelligence (AI) developer, has filed a plea with a federal court to dismiss a U.S. government proposal that would prevent Alphabet Inc.‘s GOOGL GOOG Google from investing in AI startups. The proposal is intended to address Google’s alleged monopolization of the online search market. What Happened: Anthropic, in a court filing on Friday,…

Tesla Supplier CATL Eyes $5 Billion Hong Kong Listing Amid US Sanctions, Market Revival: Report – Tesla (NASDAQ:TSLA)

Cs news2 weeks ago03 mins

Contemporary Amperex Technology Co. Ltd. (CATL), the world’s largest electric vehicle battery manufacturer, is preparing to file for a secondary listing in Hong Kong this week that could raise at least $5 billion, marking one of the territory’s largest offerings in recent years. What Happened: The Chinese battery giant could submit its listing application as…

Jeff Bezos’ $10 Billion Earth Fund Pulls Support From Key Climate Initiative: What Happened? Amazon Founder Jeff Bezos’ $10B Earth Fund Halts Backing For Prominent Climate Initiative: What Happened? – Amazon.com (NASDAQ:AMZN)

Cs news2 weeks ago2 weeks ago04 mins

The Earth Fund—a $10 billion initiative founded by Amazon.com Inc. AMZN founder Jeff Bezos—has discontinued its support for the Science Based Targets initiative (SBTi), a major verifier of corporate climate goals that influences how companies like Apple Inc. AAPL and H&M attain a “net zero” label. What Happened: The Earth Fund’s decision to withdraw support…

Jim Cramer Says The ‘Shoot First Learn Later’ Crowd Got ‘Hosed’ As Nvidia And Other Tech Stocks Stage Recovery After DeepSeek Turmoil – NVIDIA (NASDAQ:NVDA), Broadcom (NASDAQ:AVGO)

Cs news3 weeks ago3 weeks ago04 mins

Jim Cramer took aim at panic sellers Tuesday as major tech stocks recovered from a sharp decline triggered by Chinese artificial intelligence startup DeepSeek‘s market entrance, with NVIDIA Corp. NVDA leading the rebound with an 8.82% gain. What Happened: “The shoot first learn later crew really got hosed today,” CNBC’s Cramer wrote on X, following…

Tesla’s Chinese Rivals Li, Xpeng, Nio Surge While Rivian Declines In Pre-Market As Trump Revokes Biden’s EV Target – NIO (NYSE:NIO), Li Auto (NASDAQ:LI)

Cs news1 month ago04 mins

U.S.-listed shares of Chinese EV startups Li Auto Inc. LI, Nio Inc. NIO, and Xpeng Inc. XPEV rose as high as 7.3% in premarket trading on Tuesday after President Donald Trump‘s inauguration even as shares of California-based EV startup Rivian Automotive Inc. RIVN fell. What Happened: Trump on Monday revoked a 2021 executive order signed…

Gary Black Questions Elon Musk’s Take On EV Credit Removal After Tesla Sales Drop In Europe: ‘Not Sure How The Math Works’ – Tesla (NASDAQ:TSLA)

Cs news1 month ago03 mins

Tesla Inc. TSLA faces potential headwinds in the U.S. market as data from Europe shows significant sales declines following electric vehicle subsidy removals, raising concerns about the impact of President Donald Trump‘s planned elimination of the $7,500 EV tax credit. What Happened: Gary Black, managing partner of The Future Fund LLC, highlighted on Monday that…

Tesla’s Vietnamese Rival VinFast Enters ‘Next Growth Frontier’ India Amid Global Expansion Push, Plans $500 Million Investment – BYD (OTC:BYDDF), BYD (OTC:BYDDY)

Cs news1 month ago02 mins

Vietnamese electric vehicle manufacturer VinFast Auto VFS is entering India’s growing EV market with two premium SUVs, following strong third-quarter 2024 delivery growth and significant financial backing from its founder. The Nasdaq-listed company unveiled its VF6 and VF7 models at the India Auto Show in New Delhi, planning to challenge established players like Mahindra &…