151382660 soriya mey
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151382660 soriya mey
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Why has BABA's price remained stagnant for the majority of this year? After the Chinese stimulus rally near the beginning of this year. Alibaba's share price has had trouble climbing out of the long-term bear market it has been in for quite a while.
$Alibaba (BABA.US)$
Macro
Currently, the chinese economy is not exactly the strongest economy, but it has been showing signs of slight expansion based on some of the more recent data.
Investors are mostly worried about the chines...
$Alibaba (BABA.US)$
Macro
Currently, the chinese economy is not exactly the strongest economy, but it has been showing signs of slight expansion based on some of the more recent data.
Investors are mostly worried about the chines...
![When Will BABA Bounce?](https://ussnsimg.moomoo.com/feed_image/70107943/cc8d51348ef33a5db4fa27c8c00e8089.jpg/thumb)
![When Will BABA Bounce?](https://ussnsimg.moomoo.com/feed_image/70107943/dd556a637c6c30fdaa46a87c9383c135.jpg/thumb)
![When Will BABA Bounce?](https://ussnsimg.moomoo.com/feed_image/70107943/3457a8c15e3b3fd5bab0e7da25eec087.jpg/thumb)
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151382660 soriya mey
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The stock market edged lower this week due to concerns that major central banks may continue to be hawkish in light of persistent inflation. Meanwhile, the oil market rallied as Brent crude exceeded $95 per barrel for the first time since November.
Since mid-June, crude oil prices have surged by approximately one-third following a joint effort by Saudi Arabia and Russia to ...
Since mid-June, crude oil prices have surged by approximately one-third following a joint effort by Saudi Arabia and Russia to ...
![Oil Prices Poised to Touch $100 Mark Amidst Production Cuts and Geopolitical Tensions: Identifying the Most Affected Parties](https://ussnsimg.moomoo.com/feed_image/71445112/bf60948708163c4aacbcf1dc4ed22703.png/thumb)
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151382660 soriya mey
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G'day, mooers! Check out the latest news on today's stock market!
• Top gainers: $Paladin Energy Ltd (PDN.AU)$, $Meridian Energy Ltd (MEZ.AU)$, $Mercury NZ Ltd (MCY.AU)$
• Top losers: $Novonix (NVX.AU)$, $Washington H Soul Pattinson & Co Ltd (SOL.AU)$, $Chalice Mining Ltd (CHN.AU)$
- moomoo News AU
A broad sell-off, led by tech shares, pulled the sharemarket lower on Monday.
The $S&P/ASX 200 (.XJO.AU)$ closed 0.7 per ce...
• Top gainers: $Paladin Energy Ltd (PDN.AU)$, $Meridian Energy Ltd (MEZ.AU)$, $Mercury NZ Ltd (MCY.AU)$
• Top losers: $Novonix (NVX.AU)$, $Washington H Soul Pattinson & Co Ltd (SOL.AU)$, $Chalice Mining Ltd (CHN.AU)$
- moomoo News AU
A broad sell-off, led by tech shares, pulled the sharemarket lower on Monday.
The $S&P/ASX 200 (.XJO.AU)$ closed 0.7 per ce...
![AU Evening Wrap: ASX Closes Lower as Tech Retreats; Silver Lake Sinks on Red 5 Stake](https://ausnsimg.moomoo.com/feed_image/151000101/3b4550dda1fe303baaabbdd03b397416.png/thumb)
![AU Evening Wrap: ASX Closes Lower as Tech Retreats; Silver Lake Sinks on Red 5 Stake](https://ausnsimg.moomoo.com/feed_image/151000101/0424cadd6b233dd0a717278e20588542.png/thumb)
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151382660 soriya mey
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JP Morgan reduces Xpeng's target price from $18 to $16. This is done after Xpeng released disappointed earnings and share price fell 7% last Friday. Xpeng was also downgraded to sell rating by Citi last Friday.
Source:
XPeng Price Target Cut to $16.00/Share From $18.00 by JP Morgan
$BYD COMPANY (01211.HK)$ $BYD Co. (BYDDF.US)$ $S&P 500 Index (.SPX.US)$ $Nasdaq Composite Index (.IXIC.US)$ $Tesla (TSLA.US)$ $VOLKSWAGEN A G (VWAGY.US)$ $NIO Inc (NIO.US)$ $Li Auto (LI.US)$ $XPeng (XPEV.US)$ $General Motors (GM.US)$ $Ford Motor (F.US)$ $Rivian Automotive (RIVN.US)$ $MERCEDES-BENZ GROUP AG (MBGAF.US)$ $TOYOTA MOTOR CORP (TOYOF.US)$ $GEELY AUTO (00175.HK)$ $Lucid Group (LCID.US)$ $Stellantis NV (STLA.US)$
Source:
XPeng Price Target Cut to $16.00/Share From $18.00 by JP Morgan
$BYD COMPANY (01211.HK)$ $BYD Co. (BYDDF.US)$ $S&P 500 Index (.SPX.US)$ $Nasdaq Composite Index (.IXIC.US)$ $Tesla (TSLA.US)$ $VOLKSWAGEN A G (VWAGY.US)$ $NIO Inc (NIO.US)$ $Li Auto (LI.US)$ $XPeng (XPEV.US)$ $General Motors (GM.US)$ $Ford Motor (F.US)$ $Rivian Automotive (RIVN.US)$ $MERCEDES-BENZ GROUP AG (MBGAF.US)$ $TOYOTA MOTOR CORP (TOYOF.US)$ $GEELY AUTO (00175.HK)$ $Lucid Group (LCID.US)$ $Stellantis NV (STLA.US)$
![JP Morgan reduces Xpeng's target price today (21 August 2023) from $18 to $16](https://sgsnsimg.moomoo.com/feed_image/101709443/41a43ec9f77c38f3924df06de215eb78.jpg/thumb)
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151382660 soriya mey
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With the rapid rate hikes by the Federal Reserve, the US 30-year mortgage rate once surged past 7.1% in October last year. In 2023, the Fed continued to raise rates to combat inflation, causing mortgage rates to rapidly climb after experiencing a slight drop at the beginning of the year. In the week ended Aug. 11, the contract rate on a 30-year fixed mortgage has rebounded significantly by 98 ...
![Amidst Historic Highs in US Mortgage Rates, Is Warren Buffett's Investment in Housing Still Attractive?](https://ussnsimg.moomoo.com/feed_image/77777017/777348d565d333bd905145f272c5f470.jpg/thumb)
![Amidst Historic Highs in US Mortgage Rates, Is Warren Buffett's Investment in Housing Still Attractive?](https://ussnsimg.moomoo.com/feed_image/77777017/22753b5eb0373fa3a9b13c79b1b1af4c.png/thumb)
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