CK Hutchison Shares Fall as Investor Payout Disappoints MarketNew!!
CK Hutchison Holdings Ltd.’s shares fell the most in more than 16 months, as the cash-rich group failed to impress investors with its payout after recording hefty gains from recent asset disposals.
PBOC Conducts Mid-Month Overnight Reverse Repo for First TimeNew!!
China’s central bank injected liquidity through overnight reverse repos on Friday, marking its first such operation in the middle of a month.
Asian Memory Chipmakers Rise as Sandisk Outlook Lifts ConfidenceNew!!
Asian memory-chip stocks climbed, as a bullish outlook from Sandisk Corp. boosted optimism on longer term benefits from the artificial intelligence boom.
Carry Traders Exploit Intervention to Rebuild Yen ShortsNew!!
Every intervention to prop up the yen is also creating a fresh opportunity to sell it.
Uber and China’s Pony AI to Deploy 2,000 Robotaxis in EuropeNew!!
Pony AI Inc. said it plans to deploy more than 2,000 robotaxis across Europe in partnership with Uber Technologies Inc., accelerating the race to commercialize autonomous-mobility in the region.
Diversified Said to Near Deal for Elliott-Backed BirchNew!!
Diversified Energy Co. is in advanced talks to acquire Elliott Investment Management-backed oil and gas company Birch Resources for more than $1.7 billion in cash, according to people familiar with the matter.
Reddit is joining the S&P 500 after months of speculation. Analysts have these concerns.New!!
After past snubs, social-media site Reddit has landed a spot on the S&P 500, sending shares on an after-hours rally Thursday.
‘My wife and I are both retired’: Should we dip into our $2.3 million investments to pay off our 2.9% $300,000 mortgage?New!!
“Right now, we’re withdrawing about $100,000 a year from our investments.”
Dell’s stock has beaten Micron and AMD this year — and now it’s adding to its gainsNew!!
Shares of Dell have roughly quadrupled in price this year, with Lenovo’s earnings report helping to drive the latest bout of momentum for the PC and server maker.
Salesforce’s stock gets a boost as J.P. Morgan says AI fears are overblownNew!!
An analyst predicts 29% upside for Salesforce shares, citing some promising AI features.