Stock markets

Alibaba was once a Wall Street darling. After plunging 75% over three years, what’s next?

BEIJING — It’s been a tumultuous 12 months for Alibaba, casting doubt on the future of the tech giant just…

Market forecaster Jim Bianco sees the 10-year Treasury yield surging to 5.5% – a multi-decade high

It’s a level not seen since George W. Bush was president. Wall Street forecaster Jim Bianco is predicting the benchmark…

The Fed is expected to cut interest rates in 2024. Here’s how investors can prepare

With U.S. Federal Reserve officials expecting to cut interest rates in 2024, there are steps investors can take now to…

‘Big Short’ investor Steve Eisman worries ‘everybody is coming into the year feeling too good,’ sees room for disappointment

Investor Steve Eisman of “The Big Short” fame is questioning the level of bullishness on Wall Street — even with…

BYD beats Tesla for a second straight year after producing more than 3 million cars in 2023

BEIJING — BYD produced more than 3 million new energy vehicles in 2023, surpassing Tesla‘s production for a second straight…