The recent developments surrounding Alibaba Group Holding Ltd. have captured significant attention, following the company’s decision to abandon its plans for the spin-off and IPO of its cloud computing division. This announcement, which coincided with the release of its quarterly earnings last Thursday, prompted a 10% drop in Alibaba’s share price. The reaction from Wall Street analysts has been varied, with some expressing concern over the strategic direction of the company, while others maintain a positive outlook.
Author Archive: Deltastock
Changes to trading hours Oct. 29 – Nov. 5, 2023
Dear clients,
We would like to inform you that due to the shift from Daylight Saving Time (DST) to standard time in Europe, trading hours of some CFD markets will be changed during the period Oct. 29 – Nov. 5, 2023.
An Economic Powerhouse on the Rise
India, after dethroning China as the world’s most populous country, is also one of its fastest-growing major economies. With a young and growing population, a rapidly expanding middle class, and a growing skilled workforce, India is poised for a period of sustained economic growth. This article aims to analyse the strengths, opportunities and weaknesses of the Indian economy as well as provide a way to gain exposure into the Indian market. We’ll start with India’s strengths.
The Four Horsemen of Recession
Deutsche Bank has delved into centuries of economic data, unearthing potential indicators of imminent recessions and deciphering patterns that span across 323 years of global economic trends. This exploration of economic cycles includes a list of recessions, expansions, and market downturns dating back to the 1700s, meticulously dissecting the triggers and warning signs behind historical recessions.
BoJ intervention incoming?
The ongoing depreciation of the yen has become a focal point for market watchers and economists. The yen is trading through its tightest monthly trading range in over a year and a half, with the potential intervention by the Bank of Japan (BOJ) looming over the market, acting as a deterrent for yen bears.
Meme Stocks: Should I Buy, Or Should I Sell
Meme stocks, the curious phenomena that began to captivate the financial world in 2021, continue to be a subject of fascination and intrigue in 2023. These stocks, often driven by internet communities and social media hype, have brought new levels of volatility and unpredictability to the stock market. In this article, we’ll delve into the latest developments surrounding meme stocks and explore what makes them so unique in the financial landscape of 2023.