Why China’s tech market is back in business
Chinese e-commerce giant Alibaba, co-founded by Jack Ma, has been one of the major beneficiaries in the current Chinese tech market rally. China’s tech companies are finally seeing the light of day in the stock markets after several challenging years. On Friday, Hong Kong’s Hang Seng Tech Index closed 5.6% higher. The index is up…
Elon Musk’s X is winning advertisers new and old — but the comeback has a long way to go
Elon Musk’s X is drawing new advertisers and welcoming back some that pulled spending, but the overall picture of its business is complicated. Elon Musk’s X has successfully courted a new set of advertisers in recent months, and some big-name brands, such as Apple, are returning. Does that mean it’s seeing an advertising rebound? Well,…
Hermès stock is surging — and the Birkin bag maker is narrowing the gap with French rival LVMH
Hermès shares were up 4.2% in Paris on Friday morning. Hermès reported better-than-expected fourth-quarter results on Friday, sending its stock to a record high. The French luxury goods group’s sales for the final three months of 2024 hit 3.96 billion euros ($4.16 billion), up nearly 18% and beating analyst estimates of 3.69 billion euros. Annual…
‘Apple Cider Vinegar’ based the Hirsch Institute on Gerson Therapy, a debunked cancer treatment by the 20th century doctor Max Gerson.
Alycia Debnam-Carey as Milla Blake in “Apple Cider Vinegar.” Viewers of “Apple Cider Vinegar” — which tells the story of Belle Gibson (Kaitlyn Dever), an Australian influencer who faked having cancer — may be wondering if the Hirsch Institute is real. The institute is fictionalized for the show but appears to be based on a…
I lived at home until I got married. I didn’t see it as a ‘failure to launch.’
The author (not pictured) only left his home when he married his wife. Recently, I was catching up with someone from high school. He mentioned that he still lived with his parents in Orange County, California, while in college, even though he had a good job in law enforcement. That got me thinking about other…
I’ve heard of CD ladders to earn more money on my savings, but what about bond ladders? A financial planner explains.
Maggie Klokkenga, CPA, CFP®, AFC. A few months ago one of my money nerd friends mentioned that Wealthfront had an automated bond ladder. While I am familiar with CD laddering — and currently have a CD ladder with Ally — the concept of a bond ladder was new to me. Curious about whether a bond…
Stock of the day: GameStop jumps 10% on report it could start investing in crypto
The move: GameStop stock jumped as much as 10% Friday morning to $28.97. The stock is down 8% year-to-date and is 76% below its record high reached during the meme-stock craze of 2021. The chart: Why: The video game retailer’s stock jumped after CNBC reported that it is considering investing in bitcoin and other cryptocurrencies…
India’s prime minister has adopted a familiar slogan: ‘Make India Great Again’
India’s Prime Minister Narendra Modi and President Donald Trump. Indian Prime Minister Narendra Modi has a new and rather familiar name for his vision for the country: “MIGA.” In a press briefing with President Donald Trump on Thursday, Modi tweaked his US counterpart’s famed slogan, saying he wanted to “Make India Great Again.” “When America…
‘The damage is already done’: Why Ken Griffin thinks Trump’s tariffs are chipping away at American exceptionalism
Ken Griffin, Founder and CEO, Citadel, speaks during the Milken Institute’s 22nd annual Global Conference in Beverly Hills, California, U.S., April 30, 2019. As new tariff headlines surface daily, investors are scrambling to figure out whether President Donald Trump is implementing serious policy changes, using tariffs as a negotiating tool, or some combination of the…
