Jim Chalmers has visited the Asian superpower in an effort to rebuild relations as fears grow over its lagging economy.
"Obviously this is incredibly good for very undervalued Chinese equities, especially when the government is encouraging buybacks," David Tepper said.
China's central bank stimulus package boosted stocks in the luxury and gaming sectors, which are expected to benefit as the country works to support its weakening economy and jumpstart consumer ...
Micron Technology led the way with a jump of 14% after the maker of computer memory and storage delivered stronger profit for ...
A big winner of the AI frenzy, Super Micro Computer, was meanwhile giving back some of its huge gains after more than tripling last year. Its stock tumbled 11.5% following a report from The Wall ...
Many stocks and digital assets rose today on China stimulus news and a positive outlook for the economy.
Top Chinese officials are indicating further support for the Chinese economy after implementing new stimulus measures earlier ...
Dividend growth stocks have surged due to falling interest rates and a 50bp rate cut by the Federal Reserve. Find out 3 ...
Appaloosa Management’s David Tepper said the macro setup for U.S. stocks makes him nervous as the Fed eases policy in a good ...
The major U.S. index futures are currently pointing to a higher open on Thursday, with stocks likely to move back to the upside ...