The recovery in Chinese stocks gained steam on Monday, as China's benchmark index came within striking distance of a bull market. The CSI 300 Index, which tracks the largest mainland-listed stocks, closed 0.5% higher in Monday trading -- a whisker shy of a 20% jump
Tourists walk under colorful lanterns at Beijing Nangong Tourist Resort during the Spring Festival holiday on January 23, 2023 in Beijing, China. The Chinese Lunar New Year, or Spring Festival, falls on January 22. Vcg | Visual China Group | Getty Images China's onshore A-shares were hovering
In this article SLG'ICOIN Follow your favorite stocksCREATE FREE ACCOUNT Famed short-seller Jim Chanos sees an alarming trend in the market. "I've been on the Street [since] 1980 [and] not one bear market has ever traded above 9x to 14x the previous peak earnings," the Chanos and Company founder
The IMF has revised its global economic outlook upwards. Norberto Duarte | Afp | Getty Images The International Monetary Fund on Monday revised upward its global growth projections for the year, but warned that higher interest rates and Russia's invasion of Ukraine would likely still weigh on
Famed short seller Jim Chanos said Monday he's still betting against Tesla as competition in the electric vehicle market ramps up. "I just think that that it's really that the choices now are increasing," Chanos said on CNBC's " Fast Money " in Miami Monday.
In this article AMZNGOOGLSNAPMETA Follow your favorite stocksCREATE FREE ACCOUNT Meta Platforms CEO Mark Zuckerberg speaks at Georgetown University in Washington on Oct. 17, 2019. Andrew Caballero-Reynolds | AFP | Getty Images Wall Street's worst year since 2008 wreaked havoc on tech companies, particularly those reliant on digital advertising. Facebook parent
In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, Paramount+ (Paramount Plus) logo is seen on a smartphone against its website in the background. Pavlo Gonchar | SOPA Images | LightRocket | Getty Images Paramount Global is further joining its streaming and cable TV business
Hedge fund manager Dan Niles said Monday that he wouldn't invest in Apple heading into its quarterly earnings given the high valuation. "I wouldn't touch Apple," Niles said on CNBC's " Closing Bell " Monday. "This company was not growing revenues in 2019
