|Day Low/High||186.25 / 190.11|
|52 Wk Low/High||82.00 / 264.94|
The technical pattern of the Chinese search engine giant indicates shorting its stock is the way to go.
It does help that Amazon through AWS and Baidu have expanded on corporate relationships with BB.
Let's review this Archegos drama and some lessons from this fickle market.
Everyone knows the basics. Last week, the trading operation run by Bill Hwang known as Archegos Capital Management blew up.
One group seeing some momentum today is bitcoin.
Has the dire need for human involvement in the process of price discovery ever been more obvious?
Nomura, Credit Suisse warn profits will take a hit after a client - reportedly Archegos Capital Management - missed margin payments.
Stay focused and look for opportunity.
The rotation out of technology and into 'reopening' plays is driving the deceptive action.
Republic Day is a day of celebration in India, but descended into chaos as farmers marched on the capital; meanwhile, a border dispute wears on.
Exane BNP Paribas downgrades Tesla to underperform and lowers its price target to $340. " Tesla no longer has the benefit of operating in a "vacuum of competition... With possible competition from Waymo, Didi, Baidu and even Apple , "we would not w...
The charts show a move upward for this Chinese search engine company.
Changing the business practices that have been criticized by Chinese antitrust regulators might not carry a massive financial hit, and past selloffs on regulation fears proved to be buying opportunities.
The cash set aside to invest in Ant's prospective record-setting initial public offering is too much for the Hong Kong currency to handle.
TikTok's parent reportedly is looking to list the Chinese version of its app in Hong Kong, with U.S. investors also missing out on Ant Group's initial public offering.
The Chinese tech company is falling Friday, but the bigger problem is the days and weeks ahead.
Trip.com, China's biggest online travel agency, is hoping investors may take it private at a premium.
The U.S. is reportedly eyeing amending bans on U.S. companies working with the Chinese tech giant, and this is creating opportunities.
Political games of smoke and mirrors are making Asian trades look risky, but there may be another opportunity sprouting up.
Jerome Powell hit the airwaves with some words of caution and comfort. Nvidia is running into earnings.
Let's review the charts once again.
Unfortunately, we have to operate under the principle of where there's smoke, there's fire.
Rate cuts and other Fed actions are motivating some tech companies to raise funds or refinance existing debt.
This market is wreaking havoc with current pricing versus historical moves.