Alibaba’s Cloudy Surprise: Former CEO Exits Cloud Business Amid Leadership Reshuffle
In an unexpected move, Daniel Zhang, the former CEO of Alibaba, quit his position as head of the company’s cloud…
Tag: Stock Market
Asian Shares Gain Momentum Amid Earnings and Economic Focus
As markets transfer their focus from the U.S. Federal Reserve to earnings and economic reports on Tuesday, most Asian stocks…
Gen Z Takes Over the Stock Market: Exploring the FOMO Phenomenon
Gen Z is the generation that is investing in the stock market the most. Why? “FOMO,” or the fear of…
Asian Stock Markets Await Fed Conference for Interest Rate Clues
Asian stocks were mixed on Monday as investors awaited the Federal Reserve’s summer conference for clues as to whether the…
Market Optimism Prevails as Wall Street Awaits Latest US Inflation and Jobs Data
Prior to Thursday’s market opening, Wall Street pointed to gains in anticipation of a closely monitored inflation report. Futures for…
Stock Market Reaction: Asia’s Mixed Performance as US Government’s Credit Rating Gets Cut
After Fitch Ratings cut the U.S. government’s credit rating, global stock markets and Wall Street futures fell on Thursday. London…
Market Watch: Asian Markets Mixed in Anticipation of Potential Final Fed Rate Hike
BEIJING — Wednesday’s decline in global stock markets followed Wall Street’s 15-month high ahead of what traders believe will be…
Stock Market Today: Asian Shares Continue to Decline as China’s Lower-than-Expected Growth Sends Ripples
Concerns about the Chinese economy countered optimism over a Wall Street rally on Tuesday, resulting in a general decline in…