Stock Analysis: Meituan
Meituan is a prominent Chinese e-commerce platform for on-demand local life services.
Indexes Hit Record Highs; Nasdaq Jumps 245 Points
Investors are turning back toward tech stocks after yesterday's highly-anticipated 25-basis point rate cut, with two more rate cuts expected this calendar year.
AMD Shares Slip After Intel and Nvidia Announce Strategic Collaboration
AMD stock fell 5% after Intel and Nvidia announced a $5B partnership to develop AI and PC chips.
Markets Still Expect Lower Yields After Fed Rate Cut
The Federal Reserve’s rate cut reflects concern over a slowing labor market, but persistent inflation may challenge market hopes for continued easing.
