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On Tuesday, September 24th,The People's Bank of China introduced a series of policies including interest rate cuts, lowering mortgage rates, etc.lowered the reserve requirement ratio by 0.5%, providing about 1 trillion yuan of long-term liquidity to the financial market. Specifically, the 7-day reverse repo operation rate was reduced by 0.2% from the current 1.7% to 1.5%, while guiding the loan market quote rate and deposit rate to decrease simultaneously, maintaining the stability of commercial banks' net interest margin. This has significantly boosted the Chinese economy.This also gives investors hope for the economic recovery of mainland China, and they believe this is the beginning of stimulating economic growth.。
After the bullish policy was released, $Alibaba (BABA.US)$ 、 $PDD Holdings (PDD.US)$ 、 $JD.com (JD.US)$ Chinese mainland e-commerce stocks listed in the USA surged. $NASDAQ Golden Dragon China (.HXC.US)$ Out of the 64 components,On September 24, 58 stocks rose in a single day, with 18 of them rising by more than 10%.Pdd holdings, which is not included in China Golden Dragon Index,rose sharply by 11.24%, now trading at $113.80, with the second-highest daily trading volume at $3.4 billion. The major indices of the US stock market continue to rise. $S&P 500 Index (.SPX.US)$ Rising nearly 0.3%, $Dow Jones Industrial Average (.DJI.US)$ It has been setting new closing highs for consecutive days...
After the bullish policy was released, $Alibaba (BABA.US)$ 、 $PDD Holdings (PDD.US)$ 、 $JD.com (JD.US)$ Chinese mainland e-commerce stocks listed in the USA surged. $NASDAQ Golden Dragon China (.HXC.US)$ Out of the 64 components,On September 24, 58 stocks rose in a single day, with 18 of them rising by more than 10%.Pdd holdings, which is not included in China Golden Dragon Index,rose sharply by 11.24%, now trading at $113.80, with the second-highest daily trading volume at $3.4 billion. The major indices of the US stock market continue to rise. $S&P 500 Index (.SPX.US)$ Rising nearly 0.3%, $Dow Jones Industrial Average (.DJI.US)$ It has been setting new closing highs for consecutive days...
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70668901
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Hi, mooers!
Welcome back to Maple Market Challenge!
Like always, let's reveal the answer to last week's quiz: What is the reason behind Palantir and Dell joining the S&P 500 on September 23? The answer is "the rising momentum in AI".
96% mooers chose the correct answer! A big round of applause to those who got it right! Each of you will receive 20 points. Plus, we're giving 50 points to everyone who left a comment....
Welcome back to Maple Market Challenge!
Like always, let's reveal the answer to last week's quiz: What is the reason behind Palantir and Dell joining the S&P 500 on September 23? The answer is "the rising momentum in AI".
96% mooers chose the correct answer! A big round of applause to those who got it right! Each of you will receive 20 points. Plus, we're giving 50 points to everyone who left a comment....
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The Federal Reserve is set to announce its first rate cut in over four years on Wednesday, signaling a major pivot from its previous emphasis on inflation control.
Markets remain split on the scale of the cut. Futures markets indicate a 63% chance of a 50-basis-point reduction as of Wednesday morning, up from 14% a week ago. The odds of a 25-basis-point cut stand at 37%.
Wall Street and the futures market show divergence as most institutio...
Markets remain split on the scale of the cut. Futures markets indicate a 63% chance of a 50-basis-point reduction as of Wednesday morning, up from 14% a week ago. The odds of a 25-basis-point cut stand at 37%.
Wall Street and the futures market show divergence as most institutio...
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Hi, mooers!
Welcome back to Maple Market Challenge!
Like always, let's reveal the answer to last week's quiz: Why did the Bank of Canada cut the key policy rate for a third time? The answer is "To avoid landing the inflation rate too far below the target".
84% mooers chose the correct answer! A big round of applause to those who got it right! Each of you will receive 20 points. Plus, we're giving 50 points to every...
Welcome back to Maple Market Challenge!
Like always, let's reveal the answer to last week's quiz: Why did the Bank of Canada cut the key policy rate for a third time? The answer is "To avoid landing the inflation rate too far below the target".
84% mooers chose the correct answer! A big round of applause to those who got it right! Each of you will receive 20 points. Plus, we're giving 50 points to every...
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Set a live reminder
Missed the live? Watch the replay now and join Justin, Michael and Jessica as they dives deep into US rate cuts!
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Hey, mooers!
After its Q2 earnings result, $Lululemon Athletica (LULU.US)$ has lowered its yearly forecast, highlighting concerns about the declining "athleisure" trend. CEO Calvin McDonald acknowledged a slowdown in women's sales due to infrequent product updates and plans to expedite the release of new women's items like leggings and tracksuits to rejuvenate interest. This strategy aligns with broader industry eff...
After its Q2 earnings result, $Lululemon Athletica (LULU.US)$ has lowered its yearly forecast, highlighting concerns about the declining "athleisure" trend. CEO Calvin McDonald acknowledged a slowdown in women's sales due to infrequent product updates and plans to expedite the release of new women's items like leggings and tracksuits to rejuvenate interest. This strategy aligns with broader industry eff...
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Happy Friday mooers!
What do you think of Nvidia's Q2 earnings? Unlock insights with NVDA Earnings Hub>>
Our Canadian mooer @SpeedyStud shared thoughts like:
Well, they beat, but...
$NVIDIA (NVDA.US)$ surpassed Q2 earnings projections on August 28, but the stock declined following the announcement. The company posted an adjusted EPS of $0.68 per share and revealed a $50 billion share repurchase plan. Revenue re...
What do you think of Nvidia's Q2 earnings? Unlock insights with NVDA Earnings Hub>>
Our Canadian mooer @SpeedyStud shared thoughts like:
Well, they beat, but...
$NVIDIA (NVDA.US)$ surpassed Q2 earnings projections on August 28, but the stock declined following the announcement. The company posted an adjusted EPS of $0.68 per share and revealed a $50 billion share repurchase plan. Revenue re...
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$NVIDIA (NVDA.US)$ is set to release its Q2 earnings on August 28th, a pivotal moment for global markets, particularly the AI sector, and a potential trendsetter for U.S. tech stocks amid current market fluctuations.
Recently, Nvidia's stock quickly recovered nearly 30% following a dip on August 5th, reinforcing its status as a dominant force in AI. The market's positive anticipation for the Q2 report is rooted in Nvidia's history of sur...
Recently, Nvidia's stock quickly recovered nearly 30% following a dip on August 5th, reinforcing its status as a dominant force in AI. The market's positive anticipation for the Q2 report is rooted in Nvidia's history of sur...
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Hi, mooers!
Welcome back to Maple Market Challenge!
Like always, let's reveal the answer to last week's quiz: What event on September 19 could drive Faraday Future's growth? The answer is China-U.S. Automotive Bridge Strategy.
A big round of applause to those who got it right! Each of you will receive 20 points. Plus, we're giving 50 points to everyone who left a comment. Well done, everyone! A private message with...
Welcome back to Maple Market Challenge!
Like always, let's reveal the answer to last week's quiz: What event on September 19 could drive Faraday Future's growth? The answer is China-U.S. Automotive Bridge Strategy.
A big round of applause to those who got it right! Each of you will receive 20 points. Plus, we're giving 50 points to everyone who left a comment. Well done, everyone! A private message with...
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