Baidu share slide wipes $2.4 billion off market value amid speculation over Xi meeting
HONG KONG (Reuters) - The Hong Kong shares of Baidu (NASDAQ:BIDU) plunged on Monday, wiping $2.4 billion off its market value, after the founder of the Chinese search engine giant was not spotted at a
Street Calls of the Week
Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week. InvestingPro subscribers always get first dibs on market-moving AI analyst comments. Upgrade today! Kraft-Heinz
UBS lifts its 2025 gold price forecast. Here's the new target
UBS updated its gold prices forecast, projecting that the yellow metal could reach a high of over $3,200 before stabilizing at elevated levels in the coming years. The move represents an increase from
These companies could be exposed to Generation Alpha's spending habits, UBS says
Investing.com - The combined future spending power of children from Generation Alpha and their Millennial parents could represent a market opportunity to tap into for investors, according to analysts
TSMC’s U.S. fab plans driven by customers, not Intel partnership, Morgan Stanley
Taiwan Semiconductor Manufacturing (NYSE:TSM) (TSMC) will base its U.S. expansion decisions on customer demand and shareholder value rather than aiding rival Intel (NASDAQ:INTC), Morgan Stanley (NYS
Next leg of the Bitcoin bull market is loading up, says Bernstein
The next phase of the Bitcoin bull market is taking shape, driven by institutional adoption, sovereign interest, and favourable regulatory developments, Bernstein said. Bitcoin’s recent surge began w
European stock markets touch all-time highs as defense stocks surge
Investing.com - European stock markets spiked to all-time highs on Monday, bolstered by a jump in defense stocks, as traders assesed the outlook for potential Ukraine peace talks and calls by the U.S.
Alibaba HK shares hit 3-yr high on reports of President Xi Meeting Jack Ma
Hong Kong-listed shares of Alibaba (NYSE:BABA) Group (HK:9988) reached a three-year high on Monday, following reports of a meeting between founder Jack Ma and Chinese President Xi Jinping. The antic
Ukraine peace talks in focus, Walmart reports this week - what's moving markets
Investing.com - U.S. stock markets are set to be shuttered for a holiday on Monday, as focus shifts to a crucial meeting between American and Russian officials in Saudi Arabia this week on a potential
Asia stocks: Japan little enthused by strong GDP, China tech rally cools
Most Asian stocks moved in a flat-to-low range on Monday amid persistent concerns over increased U.S. trade tariffs and high interest rates, with an artificial intelligence-fueled rally in Chinese mar