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The euro rose more than 1% against the US dollar on the day, currently trading at 1.1566.
2026-03-20
The euro rose more than 1% against the US dollar on the day, currently trading at 1.1566.
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2026-03-19
Alibaba Group’s share price reflects only its e-commerce business, ignoring its AI potential, says Christian Heck, manager of First Eagle’s $17bn fund. Global AI spending and concerns China’s price competition have weighed on tech stocks, with Alibab
Alibaba Group’s share price reflects only its e-commerce business, ignoring its AI potential, says Christian Heck, manager of First Eagle’s $17bn fund. Global AI spending and concerns China’s price competition have weighed on tech stocks, with Alibaba’s Hong Kong shares down 26% from October. Its online retail offers a “margin of safety,” while AI is a “free call option.” Alibaba’s broad AI portfolio—from infrastructure to models—sets it apart from focused firms like OpenAI and Oracle. Heck sees AI as a potentially large, profitable business.
2026-03-19
WEDBUSH RAISES MICRON TECHNOLOGY TARGET PRICE TO $550 FROM $500
WEDBUSH RAISES MICRON TECHNOLOGY TARGET PRICE TO $550 FROM $500
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