Option Witch | Strategies for Alphabet, Meta and Oracle After Microsoft's Data Center Pullback
$Microsoft(MSFT)$ has abandoned data center projects set to use 2 gigawatts of electricity in the U.S. and Europe in the last six months due to an oversupply relative to its current demand forecast, T
Why Did Mobile Games Giant Playtika Soar 20% on Wednesday?
BofA upgrades Playtika to Buy with $6.50 target.SuperPlay expected to generate $465 million in bookings, up 22%.BofA Securities analyst Omar Dessouky double-upgraded the shares of Playtika Holding Cor
Billionaire Investor Mark Cuban Questions Fate Of Amazon Amid Trump's Reciprocal Tariffs: 'It's About How You Use Them'
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.Mark Cuban, the billionaire investor, has raised concerns about the potentialimpact of new U.S. tradepolicies on Amazon Inc.’s global supply chain.What Happened: In a post on X, Cuban referred to a post by Ryan Petersen about the potential effects of reciprocal tariffs onnon-tariff barriers in countries likeChina and India. Cuban’s question on Amazon points to these policies possibly disrupting the e-commerce giant’s global supply chain which is heavily dependent on China and increases its operational costs by eliminating the $800 de minimis exemption.This could affect Amazon’s low-margin e-commerce business, whichrelies heavily on international imports.In another post, Cuban replies to a user who asks why U.S. trading partners impose tariffs if they are considered bad. The investor explains that he is not against tariffs, he also agrees that they could boost domestic industry, but emph
The Southern East England individual stock leveraged and inverse ETFs are scheduled to be listed on the Hong Kong Stock Exchange $HKEX(00388)$ on March 24, 2025.Southern East England stated that the launch of its individual stock leveraged and inverse products marks Hong Kong as the first market in Asia to issue such products. It allows Asian investors to respond flexibly to U.S. after-hours news (such as earnings, macro policy changes) during Asian trading hours, without the need to stay up late to monitor the market.Industry insiders have said that the first batch of individual stock leveraged and inverse products introduced by the Hong Kong Stock Exchange fills a gap in the Asian market, providing investors with efficient trading and hedging t
China Maps Out Plan to Raise Incomes and Boost Consumption
China will take steps to revive consumption by boosting people’s incomes, according to the official Xinhua News Agency, as part of a plan that adds to recent pledges by the government to support deman
Tencent Holdings is scheduled to report fourth-quarter results on Wednesday. Here is what you need to know:. NET PROFIT: The Chinese videogame and social-media company's quarterly net profit likely jumped 64.5% from a year earlier to 44.46 billion yuan, equivalent to $6.15 billion, according to the consensus estimate of 14 analysts polled by FactSet. Tencent's adjusted net income likely rose 25% to 53.38 billion yuan.REVENUE: Fourth-quarter revenue is expected to have increased 9.0% to 169.15 billion yuan, supported by solid games and ads revenue. The company's domestic game sales growth likely accelerated to 20% from 14% in the third quarter, driven by a full quarter's contribution from "Delta Force" and strong performances from evergreen titles, HSBC analysts said in a recent note.Hong Kong-listed shares in Tencent have risen nearly 30% this year amid optimism about China's AI advancements, especially after the tech giant incorporated DeepSeek's large language model in its Weixin sup
Anyone trying to make sense of the stock-market plunge by focusing on President Trump's tariff yo-yo was left scratching their head at the start of this week. Shares in Tesla, run by Trump's chainsawer-in-chief Elon Musk, plummeted 15% on Monday to take them back below where they were before the election. Yet shares in General Motors and Ford, both much more exposed to tariffs on steel, Canada and Mexico than is Tesla, actually rose, bucking the wider selloff.Tariffs were the wrong place to look for an explanation. Look deeper into the trading dynamics, and a picture forms of the broader market forces that sent stocks into correction territory this week.The odd Tesla/Ford moves were more likely driven by what Wall Street types call capitulation. That's when traders have thrown in the towel and are closing out bets they had been holding on to in the hope of a turnaround.Blame the army of individual day traders who obsessively follow Tesla . These speculators finally gave up as Tesla los
Alibaba’s Sudden ADR Discount Shows Fear of US-China Decoupling
Trump intensifies scrutiny on US investments into ChinaGeopolitical risks are back on top of stock investors’ mindsDonald Trump’s push to restrict US investments in China is testing what in theory sho