Alibaba Stock Is Rising Amid Longest Winning Streak in a Year. Don’t Be Fooled.

GOBankingRates
In 5 Years, These 8 Stocks Will Be More Valuable Than Amazon
Amazon stock shares are up a whopping 76% in the past year, as of May 6. What's more, the company reported strong first quarter earnings on April 30, with operating income of $15.3 billion, according...
Yahoo Finance AU
RBA holds interest rates but Australia on cusp of ‘genuine recession’ after ‘rotten’ update
The Reserve Bank of Australia (RBA) has kept the cash rate on hold at a 12-year high of 4.35 per cent.
Yahoo Finance
The biggest risk to investing in 'Magnificent 7' stocks like Nvidia and Amazon, according to top CEOs
It's good practice for investors to think beyond the "Magnificent Seven" stocks, the CEOs of Apollo and Avenue Capital Group said.
Bloomberg
China’s Surging Industrial Loans Aren’t Going to Its Factories
(Bloomberg) -- As China’s industrial capacity emerged as a key trade issue, a surge in Chinese bank loans to the sector has often been cited as evidence that Beijing is engaging in a renewed manufacturing push that could flood global markets with cheap goods.Most Read from BloombergTrump Judge Indefinitely Postpones Documents Case TrialOne Out of Every 24 New York City Residents Is Now a MillionaireIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortEinhorn Says Markets Are ‘Broken.’ Here’s
Yahoo Finance AU
Westpac CEO reveals when the RBA could cut interest rates
Peter King warned more Aussies would have to be unemployed if mortgage holders want to see some relief.
Simply Wall St.
Whitehaven Coal's (ASX:WHC) investors will be pleased with their enviable 692% return over the last three years
For us, stock picking is in large part the hunt for the truly magnificent stocks. You won't get it right every time...
NCA NewsWire
ANZ chief’s dire warning for homeowners
Homeowners are feeling the pinch of the cost-of-living crisis, with the number of loans past due at ANZ increasing double digits.
Reuters
Trump Media dismisses auditor BF Borgers amid SEC fraud charges
Former U.S. President Donald Trump's media and technology company said it had replaced its auditor, BF Borgers, after the U.S. Securities and Exchange Commission (SEC) charged the accounting firm with "massive fraud" on Friday. Trump Media & Technology Group said in a filing with the SEC on Monday that it had switched to Semple, Marchal & Cooper on Saturday. The change was recommended and approved by the company's audit committee.
Reuters
BHP insists Anglo American's South African assets must go in any takeover, sources say
BHP's plan to divest the South African assets of its target Anglo American are key to the strategy behind the proposed takeover and is expected to be a part of any revised offer, investors briefed on the miner's thinking said. The "Big Australian" was rebuffed by its smaller rival on April 26 after submitting a $39 billion takeover proposal, in a plan seen as complex because it required Anglo to offload its shares in Kumba Iron Ore and Anglo American Platinum (Amplats) to Anglo American's shareholders before any deal took place. Anglo American owns 78.6% of Amplats and 69.7% of Kumba.
Simply Wall St.
Upgrade: Analysts Just Made A Massive Increase To Their Bicycle Therapeutics plc (NASDAQ:BCYC) Forecasts
Bicycle Therapeutics plc ( NASDAQ:BCYC ) shareholders will have a reason to smile today, with the analysts making...
Bloomberg
Uber and Instacart Team Up on Restaurant Deliveries, Challenging DoorDash
(Bloomberg) -- Instacart is partnering with Uber Technologies Inc. to offer restaurant delivery through the Instacart app — taking on the top US food delivery app, DoorDash Inc.Most Read from BloombergTrump Judge Indefinitely Postpones Documents Case TrialOne Out of Every 24 New York City Residents Is Now a MillionaireIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortEinhorn Says Markets Are ‘Broken.’ Here’s What Data ShowsInstacart users in the US will be able to order from hundreds of t
BBC
House prices stagnate as mortgage rates increase
Mortgage deals have been rising as expectations of an imminent interest rate cut fade.
Yahoo Finance Video
Bitcoin: This is the key price to watch over the coming days
Bitcoin (BTC-USD) continues to hover around $63,000 on Monday morning. Yahoo Finance Reporter Jared Blikre joins The Morning Brief to break down the movements in bitcoin and discuss what investors need to keep in mind for cryptocurrency moving forward. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
GOBankingRates
6 Money Moves You Should Make If You Have $70K in a Checking Account
You've gotten a taste for saving money -- which is great. But your money is now just sitting idle and losing value to inflation -- which is not so great. So where do you go from here to keep enough...
Bloomberg
Rents Set to Be Last Domino to Fall in Global Inflation Battle
(Bloomberg) -- Surging rents across many developed economies are proving to be a stubborn hurdle for central banks as they struggle to nail down inflation once and for all this tightening cycle. Most Read from BloombergTrump Judge Indefinitely Postpones Documents Case TrialOne Out of Every 24 New York City Residents Is Now a MillionaireIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortEinhorn Says Markets Are ‘Broken.’ Here’s What Data ShowsIn the US, UK, Canada and Australia, rapidly ris
Bloomberg
At $2 Million Per Minute, Treasuries Mint Cash Like Never Before
(Bloomberg) -- For the first time in nearly a generation, fixed income is living up to its name.Most Read from BloombergIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortJack Dorsey Leaves Bluesky Board, Calls X ‘Freedom Technology’At $2 Million Per Minute, Treasuries Mint Cash Like Never BeforeEx-Trump Controller Says Cohen Repaid From Personal AccountS&P 500 Extends Gains in Final Minutes of Trading: Markets WrapThis, at a certain level, is simply the consequence of benchmark rates in t
Reuters
UPDATE 5-BP profit slides by 40% as refinery outage offsets higher output
BP's first-quarter earnings plunged by 40% to $2.7 billion, missing forecasts after lower energy prices and a U.S. refinery outage offset increased oil and gas production. Profit fell 5% short of analyst forecasts, denting efforts by CEO Murray Auchincloss to steady the company after a bruising period that followed the abrupt resignation of predecessor Bernard Looney in September. Auchincloss, who was head of finances under Looney, has vowed to simplify BP's operations and cut costs in the face of investor doubts over plans to reduce the company's focus on oil and gas and expand a low-carbon business.
Bloomberg
Disney Shares Decline on Outlook Despite Path to Profit
(Bloomberg) -- Walt Disney Co. shares tumbled the most in a year and a half after the company reported a tepid outlook for growth in streaming subscribers in the current quarter and said that visits to parks are expected to moderate from peak post-Covid levels.Most Read from BloombergTrump Judge Indefinitely Postpones Documents Case TrialOne Out of Every 24 New York City Residents Is Now a MillionaireIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortEinhorn Says Markets Are ‘Broken.’ Here
BBC
FTX says it has billions more than owed to victims
The failed cryptocurrency giant says it has billions of dollars more than needed to cover its debts.
Yahoo Finance AU
RBA boss deals major 2025 interest rate cut blow that will devastate millions of struggling Aussies
The Reserve Bank of Australia has held interest rates, but there's no sign of reprieve for those under mortgage stress.

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Alibaba Stock Is Rising Amid Longest Winning Streak in a Year. Don’t Be Fooled.

Latest stories

In 5 Years, These 8 Stocks Will Be More Valuable Than Amazon

RBA holds interest rates but Australia on cusp of ‘genuine recession’ after ‘rotten’ update

The biggest risk to investing in 'Magnificent 7' stocks like Nvidia and Amazon, according to top CEOs

China’s Surging Industrial Loans Aren’t Going to Its Factories

Westpac CEO reveals when the RBA could cut interest rates

Whitehaven Coal's (ASX:WHC) investors will be pleased with their enviable 692% return over the last three years

ANZ chief’s dire warning for homeowners

Trump Media dismisses auditor BF Borgers amid SEC fraud charges

BHP insists Anglo American's South African assets must go in any takeover, sources say

Upgrade: Analysts Just Made A Massive Increase To Their Bicycle Therapeutics plc (NASDAQ:BCYC) Forecasts

Uber and Instacart Team Up on Restaurant Deliveries, Challenging DoorDash

House prices stagnate as mortgage rates increase

Bitcoin: This is the key price to watch over the coming days

6 Money Moves You Should Make If You Have $70K in a Checking Account

Rents Set to Be Last Domino to Fall in Global Inflation Battle

At $2 Million Per Minute, Treasuries Mint Cash Like Never Before

UPDATE 5-BP profit slides by 40% as refinery outage offsets higher output

Disney Shares Decline on Outlook Despite Path to Profit

FTX says it has billions more than owed to victims

RBA boss deals major 2025 interest rate cut blow that will devastate millions of struggling Aussies