Why a downward spiral for emerging markets may only just be getting started
Emerging market stocks have fallen 10% since October amid fears of a new trade war, but markets are still not fully pricing in the risks, UBS said.
Emerging market stocks have fallen 10% since October amid fears of a new trade war, but markets are still not fully pricing in the risks, UBS said.
More monster gains for the S&P 500, global internet failure, and $600B worth of power outages are events investors should consider, BofA said.
BEIJING (Reuters) -China's economy ended 2024 on better footing than expected helped by a flurry of stimulus measures, although the threat of a new trade war with the United States and weak domestic demand could hurt confidence in a broader recovery this year. For the full-year 2024, the world's second-largest economy grew 5.0%, meeting the government's annual growth target of around 5%.
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With a possible ban looming for the popular short-form video app, these stocks are set to gain as companies look to capture TikTok users' screen time.
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A risk-taking culture, geographic advantages, and strong consumer spending continue to drive US economic growth way ahead of its peers.
China's economy grew 5.4% in the fourth quarter from a year earlier, official data showed on Friday, significantly beating analysts' expectations and enabling the government to meet its annual growth target. Analysts polled by Reuters had forecast fourth-quarter gross domestic product (GDP) would expand 5.0% from a year earlier, quickening from the third-quarter's 4.6% pace as a flurry of support measures began to kick in. For the full-year 2024, the world's second-largest economy grew 5.0%, data from the National Bureau of Statistics data showed, meeting the government's annual growth target of around 5%.
ChargePoint Holdings Inc. (NYSE:CHPT) has secured its spot as the market leader in the U.S. EV charging network, boasting a commanding 32% share and more than 70,000 ports nationwide. The company’s network has overtaken Tesla Inc (NASDAQ:TSLA) and other major players, highlighting ChargePoint's expansive reach amid growing EV adoption. Despite this impressive lead, JPMorgan analyst Bill Peterson maintains a cautious stance, placing ChargePoint on the firm's Short Ideas list. Don't Miss: ‘Scrolli
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