Business

The Chinese e-commerce landscape is dominated by PDD Holdings (PDD), Alibaba (BABA), and JD.com (JD). Using the TipRanks Stock Comparison Tool, I’ll explain why I consider JD.com to be a Buy and a strong investment, while I also rate Alibaba a Buy but have a Hold rating on PDD. In …

(Bloomberg) — The yen strengthened, recouping much of Tuesday’s losses, amid a largely directionless Asian session as traders debated the size of a potential Federal Reserve interest-rate cut. Stocks were mixed. Most Read from Bloomberg Japan’s currency climbed as much as 0.8% after sinking 1.3% in New York, helping to …

Boeing Has Too Much Debt. Here’s How Much Stock It Might Have to Issue. Source link

Jeff Bezos and Oracle’s Larry Ellison Are Jockeying to Be World’s Second Richest Source link

Starbucks North America CEO Michael Conway Quits After Just 6 Months In The Position In a surprising move, Michael Conway, Starbucks (NASDAQ:SBUX) North America CEO, has resigned after only six months in the role. What Happened: Conway, who took on the position in April, informed the company of his decision …

(Bloomberg) — JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said whether the Federal Reserve cuts interest rates by 25 or 50 basis points, the move is “not going to be earth-shattering.” Most Read from Bloomberg “They need to do it,” Dimon said at a conference on Tuesday. But …

Intuitive Machines Stock Soars on New NASA Contract. This Is Big. Source link

Several growth companies have been under pressure due to the impact of macro headwinds, including steep borrowing costs and high inflation. The Federal Reserve’s upcoming interest rate cut is expected to drive growth stocks higher, as these stocks tend to perform well in a low-interest rate environment. With this backdrop …

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After getting a bump last week, shares of Trump Media and Technology Group (Nasdaq: DJT) are falling once again, nearing the lowest point since the parent company of Trump’s Truth Social platform went public via a special purpose acquisition company (SPAC) merger in March. Most Read from Fast Company Shares …