Why Chinese Stocks Alibaba, Futu Holdings, and Tencent Shook Off Inflation Concerns and Are Rising Today
Despite a hotter-than-expected inflation report this morning, Chinese tech stocks shook off the bad news and marched higher.
Jefferies raises Alibaba stock price target to $150 on cloud outlook
Jefferies analyst Thomas Chong increased the price target for Alibaba (NYSE:BABA) Group Holding Limited (NYSE: BABA) shares to $150.00, up from the previous $144.00, while reiterating a Buy rating on ...
Stock Market Today: Dow, S&P 500 Fall After Inflation Hits 3%
Federal Reserve Chair Jerome Powell appeared before the House Financial Services Committee after an inflation report showed consumer prices rose more than expected. Follow along for live updates on ...