To The Moon

A word of warning for traders who’ve been pouring billions into Chinese-stock ETFs like never before: The strategy is not only prone to big reversals, it has also lost a cohort of ill-timed investors

Nvidia's and Palantir's stocks have more than doubled this year, but Wall Street is bullish on one and bearish on the other.

President Xi Jinping used a monthly huddle of China’s top leaders to discuss the economy and call for the government to provide sufficient fiscal spending, a rare change in agenda that underscores gro

Nvidia stock was falling early on Wednesday. The chip maker still looks vulnerable to profit-taking and some concerns about restrictions on its exports.Nvidia shares were down 1.1% at $121.32 in premarket trading. The stock closed down 1.3% on Tuesday.Nvidia shares have risen 148% this year to date through to Tuesday's close. That compares with a 16% rise in the S&P 500 index and a 20% rise in the Nasdaq Composite Index over the same period. However, the stock has dropped from a recent intraday peak of more than $140."We view the current pushback on Nvidia to be centered around true end-market demand for AI GPUs [graphics-processing units], especially with further restrictions on shipments into China...as well as a slowing of the issuance of licenses to AI chip makers shipping to the Middle East," wrote Mizuho Securities analyst Vijay Rakesh in a research note.However, Rakesh said Nvidia continues to be a top pick for July, keeping an Outperform rating and $127.50 price target on the s

returned to normal at 8.03pm.The bank had earlier said at6.54pm – about an hour after the outage was first reported by users – that it was aware of the issues."We have identified the issue and have activated measures to recover the services," said the bank. "You can continue to use your DBS/POSB credit or debit cards to make payment."It added that people could also use the ATMs nearest to them.Singapore Savings Bond 10-Year Average Yield Hits Year-to-Date High of 3.33%The 10-year average return

Alibaba and other Chinese stocks have had a brutal start to 2024 amid lingering concerns over China’s economy. Dreamstime Alibaba and other Chinese names surged on T

Powell says inflation is still too high and the committee is fully committed to bringing inflation back to the 2% target.

Citi analysts have assigned a “high risk” rating to Sea given the “lack of visibility” to the effectiveness of recent investments.

Sea Ltd : Q3 GAAP EPS of -$1.01 misses by $1.01. Revenue of $3.3B beats by $90M.Sea stock tumbled 14% after posting fiancial results.Total gross profit was US$1.4 billion, up 17.4% year-on-year.Total net loss was US$ million, as compared to total net loss of US$ million for the third quarter of 2022.Total adjusted EBITDA1 was US$35.3 million, as compared to a loss of US$ million for the third quarter of 2022.As of September 30, 2023, cash, cash equivalents, short-term and other treasury investm