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What's Going On With Chinese Stocks Alibaba, JD, Nio, Li Auto XPeng on Friday?Alibaba Group Holding (NYSE:BABA), the China tech industry barometer, is trading higher, marking its third week of gains as investors anticipate more upcoming stimulus, SCMP reports.Alibaba’s e-commerce rivals, including PDD Holdings Inc. (NASDAQ:PDD), JD.com, Inc.…

What happened Shares of Airbnb (ABNB -5.47%) finished lower today as Morgan Stanley downgraded the stock and due to a broader sell-off on fears of a recession. The stock closed down 5.5%. So what Morgan Stanley analyst Brian Nowak lowered his rating from equal weight to underweight on the home-sharing stock as he foresaw constrained supply…

TOKYO (AP) — Asian shares were mostly higher Friday after worsening tensions in the Middle East sent stocks lower on Wall Street while boosting crude prices.Japan’s benchmark Nikkei 225 edged up 0.2% to finish at 38,635.62. Australia’s S&P/ASX 200 slipped 0.7% to 8,150.00. South Korea’s Kospi added 0.4% to 2,570.97. Hong…

Buy or sell stocks for today: The domestic benchmark indices, Sensex and Nifty 50, crashed on Thursday, marking the worst intraday drop in two months. This was due to waning investor confidence following the rising tensions between Iran and Israel, which shifted interest from riskier assets such as stocks.The Nifty 50 closed 2.12 per cent lower…

Consumers may soon notice that it's harder to find products like bananas, electronics and *gasp* booze, now that dockworkers at ports from Maine to Texas are officially on strike.As of Tuesday, 36 East and Gulf coast ports have shut down as 45,000 union workers walked off the job after labor negotiations stalled between the International…

Japanese stocks jumped while Hong Kong and Europe stumbled as Israel pushed into Lebanon and Middle East tensions grew. China’s markets remained closed for Golden Week holidays. S&P 500 Futures: 5,735.00 ⬇️ down 0.44% S&P 500: 5,709.54 ⬆️ up 0.01% Nasdaq Composite: 17,925.12 ⬆️ up 0.08% Dow Jones Industrial Average: 42,196.52…

Stock Market News: In early trade on Thursday, the Nifty 50 and Sensex, the domestic benchmark indices, started on a lower note due to losses in most sectors, as investors expressed concerns about an increase in the Middle East conflict. Furthermore, selling pressure increased following the SEBI regulation on F&O.The Nifty 50 and Sensex…

Stephanie Keith/Getty ImagesUS stocks slumped on Wednesday, extending their losses for the start of the month.Oil prices surged after Iran attacked Israel, fueling the sell-off.Investors are still optimistic about rate cuts, with a 25 basis point move expected in November.US stocks dropped Wednesday as traders continued to monitor escalating…

Hong Kong stocks opened mixed on Wednesday, with the benchmark Hang Seng gaining 0.9% in opening trade after softer-than-expected consumer price inflation in the U.S. took major Wall Street indices higher. EV shares traded in the red, with Nio and Li Auto losing over 1% in opening trade. Alibaba and Tencent gained over 1% each. Hong Kong…

As was the case with many hot tech stocks that went public in late 2020 and early 2021,  C3.ai (NYSE:AI) got ahead of itself. The enterprise artificial intelligence and machine learning software company priced its initial public offering at $42 a share on Dec. 9. AI stock more than doubled on its first day of trading. Two weeks later,…