Day: June 8, 2017

An Unusually Packed Thursday Will Test Markets

stock market

Call it the Teflon market. The world’s on edge over everything from rising tension in the Middle East to an uncertain U.K. election to the turmoil surrounding the Trump administration. Yet financial markets chug along as if nothing’s amiss — global stocks are churning just 0.4 percent below all-time highs, while volatility in equities, bonds […]

Millennials are saving for financial freedom — not retirement

Millenials

Millennials often get a bad rap when it comes to financial responsibility. But it turns out those stereotypes may be off base. Millennials are saving more money than any other generation, according to a new study by Bank of America and Merrill Edge. But it’s what they’re saving for that really sets them apart from […]

Alibaba’s Stock Has Surged 42% This Year, Making One Big Event This Week Must Watch

alibaba

Alibaba (BABA)  is following up its 60% year-over-year jump in revenue to $5.2 billion for the latest quarter with a two-day investor meeting June 8 and June 9 at its headquarters in Hangzhou, China. Speakers at the event will include executive chairman Jack Ma, executive vice chairman Joe Tsai, CEO Daniel Zhang and CFO Maggie Wu. […]

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