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Shares of Alibaba (NYSE: BABA) were taking a dive today after investors balked at the company's big spending plans in cloud and artificial intelligence (AI). As a result, the stock was down 9.7% ...
Why Tencent Stock Was Falling Today. Jeremy Bowman, The Motley Fool. January 6, 2025 at 3:30 PM. ... Even as China's struggling domestic economy has battered its stocks, Chinese companies also ...
On Tuesday, hashtags about China's stock market — including the apt #A-shares rollercoaster — rushed to the top of Weibo's trending list. A-shares are stocks of Chinese companies listed on the ...
Shares have fallen in Asia after China reported that its economy grew at a 4.9% annual pace in July-September, down from 6.3% in the previous quarter. U.S. futures also fell, while oil prices ...
Shares were mostly lower Tuesday in Asia as optimism over a Wall Street rally was countered by worries about the Chinese economy. Shares edged higher in Tokyo but fell in most other regional markets.
After the Chinese market drop, the Dow Jones Industrial Average in the United States dropped 416.02 points, or 3.29% from 12,632.26 to 12,216.24 amid fears for growth prospects, then the biggest one-day slide since the September 11, 2001, terrorist attacks. The S&P 500 saw a larger 3.47% slide.
China’s economic growth is slowing down and lagging estimates. The nation’s economy expanded just 0.8% — or 6.3% on an annual basis — in the second quarter.
Lastly, Sosnick said investors should watch for high short interest. Short interest refers to bets made by investors that a stock's price will fall rather than rise. In the case of DJT, the high ...