D-Wave Quantum recently experienced a 55% increase in its stock price over the last quarter, driven by several important corporate announcements. Despite reporting increased net losses for the second quarter and the first half of 2025, the company unveiled a new quantum AI toolkit and strategic partnerships, potentially boosting investor confidence. Furthermore, the timing of…
Tesla shares tumbled Thursday after its latest earning results knocked the wind out of investors’ confidence in Elon Musk’s electric vehicle maker. The company has been facing intense competition, cooling consumer interest and a reduction of the government incentives that made buying EVs more affordable. Musk, the chief executive, broadcast that the tough times could…
The stock market has taken a hit in recent weeks, as escalating trade tensions under President Donald Trump have rattled investor confidence. Many are worried about the fate of their finances. But investing legend Warren Buffett has a simple test to help cut through the noise — and spot what truly counts. In a 2018…
News of Chinese President Xi Jinping‘s potential meeting with Alibaba co-founder Jack Ma has further buoyed the country’s soaring tech stocks and is expected to be the next catayst, according to a report by Bloomberg. The publication cited sources saying that Ma is on the list of prominent entrepreneurs invited to meet China’s top leaders….
The default of a major Hong Kong property developer could send shock waves through the broader sector and scuttle a potential recovery in the residential market, according to S&P Global Ratings. “Hong Kong’s residential property recovery may be slipping out of view,” the credit-rating agency said in a report on Thursday. “S&P Global Ratings believes…
On Thursday, U.S. stock futures are mixed after the Federal Reserve’s latest stance on interest rates. Already, S&P 500 and Nasdaq futures are in positive territory up as the Dow continues to make its way down, pointing to uncertainty around the Fed’s outlook. Markets have been cautiously optimistic since the Fed sent out signals that…
Image: Firdous Nazir/NurPhoto (Getty Images) This story incorporates reporting from YAHOO!Finance, Yahoo Finance and MSN. Nvidia and other prominent tech stocks regained ground on Tuesday, following a sharp sell-off on Monday driven by concerns over artificial intelligence. The Nasdaq Composite surged over 1%, with significant contributions from tech companies. The S&P 500 rose 0.9%, while…
Jan 24, 2025 The Chinese stock market is witnessing a transformative shift as companies, encouraged by Beijing, ramp up share buybacks and distribute record dividends, according to Yahoo Finance. These efforts are designed to boost shareholder returns and instill renewed investor confidence in a market that has seen sluggish growth over the years. Data from…
Jan 21, 2025 The hotel industry in Hong Kong is poised for a remarkable year, as tourism rebounds and property owners look forward to lucrative asset sales. Industry experts are optimistic about the sector’s potential, according to a recent report by Colliers. Notable hotel transactions in Hong Kong amassed HK$7.85 billion over the last two…
Whenever interest rates climb, so do calls to unpeg the Hong Kong dollar from the US currency. With US interest rates elevated and the Hong Kong dollar hitting a 3½-year high against the American dollar earlier this month, the debate has flared up again. Some argue that the dollar peg limits Hong Kong’s monetary flexibility…