Alibaba Group Holding Ltd (NYSE:BABA) is introducing free overseas shipping on apparel orders through its flagship retail platform, Taobao, in a strategic move to compete with cross-border e-commerce rivals PDD Holdings Inc (NASDAQ:PDD) Temu and Shein. The program will start…
Vice President Kamala Harris is expected to be the frontrunner to win the Democratic Party nomination in the 2024 presidential election after President Joe Biden withdrew from the race on Sunday. Here's a look at what polls suggest could happen…
Tesla Inc. (NASDAQ:TSLA) experienced a 24% drop in car registrations in California during the second quarter, according to data from the California New Car Dealers Association. This marked the third consecutive quarter of declining sales in this critical market. Tesla's…
In 2024, the share prices of large-cap companies have soared while small-caps have struggled. Thursday’s price action could mark a key reversal in this year’s trend. Price Action: The iShares Russell 2000 ETF (NYSE:IWM), which tracks small-cap stocks, closed up…
The price action in Delta Air Lines, Inc. (NYSE:DAL) offers a great lesson in technical analysis. When markets sell off, they tend to find support at price levels that have previously been peaks or tops. As you can see on the…
Nvidia Corp (NASDAQ:NVDA) has been a standout performer among semiconductor companies and the Magnificent Seven stocks. However, can it maintain its leadership position through the second half of 2024? Ed Egilinsky, Managing Director at Direxion, shares his insights, shedding light…
Three months after the fourth Bitcoin halving, Bitcoin's mining difficulty has dropped to lows last seen in late 2022. What Happened: Bitcoin's mining difficulty dropped by 7.8% over the weekend, a reduction reminiscent of the decline seen after the FTX…
Investors and tech enthusiasts alike are closely watching Apple Inc. (NASDAQ:AAPL), with the upcoming iPhone 16 and its AI-driven features generating significant buzz. Wedbush analyst Daniel Ives sees Apple on the “path to $4 trillion” and recently addressed the catalysts…
There are only a few guarantees in the stock market. One is that it is always trending. It is either going up, down, or sideways. Another guarantee is that sooner or later the trend will change. Shares of Baidu may…
Meta Platforms Inc (NASDAQ:META) launched Threads a year ago as Mark Zuckerberg’s strategic move to capitalize on Elon Musk’s struggles with X, formerly Twitter. The long-standing feud between these tech giants has transformed into a direct business rivalry, poised to…