China expected to announce highly anticipated fiscal stimulus package

China expected to announce highly anticipated fiscal stimulus package


Key Points
  • Chinese authorities have ramped up stimulus announcements since late September, sparking a stock rally.
  • While the People’s Bank of China has already cut several interest rates, major increases in government debt and spending requires approval by the country’s parliament, called the National People’s Congress.
  • That approval could granted during a weeklong meeting of the legislature’s standing committee, with more stimulus expected to be unveiled on Friday.



Source

Bitcoin gets slashed in half. What’s behind the crypto’s existential crisis
Finance

Bitcoin gets slashed in half. What’s behind the crypto’s existential crisis

In this article MSTR SOL.CM= ETH.CM= BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT Nastco | Getty Bitcoin tumbled toward $60,000 this week as investors reassessed its utility. And while there isn’t one clear catalyst driving the bloodbath, one thing is clear: the crypto market is in crisis.  “There’s nothing going on in the marketplace that […]

Read More
Stocks making the biggest moves midday: Amazon, Centene, Roblox and more
Finance

Stocks making the biggest moves midday: Amazon, Centene, Roblox and more

Check out the companies making headlines in midday trading. Centene — Shares of the health insurance provider slid 5%. Guidance for full-year revenue came in at $186.5 billion to $190.5 billion, missing the FactSet consensus call for $194.1 billion. The outlook for premium and service revenue for the year was also shy of Wall Street […]

Read More
Stocks making the biggest moves premarket: Amazon, Reddit, Strategy, Molina, Strategy, Eli Lilly & more
Finance

Stocks making the biggest moves premarket: Amazon, Reddit, Strategy, Molina, Strategy, Eli Lilly & more

Check out the companies making headlines before the bell. Amazon — Shares tumbled 7% after the ecommerce giant reported $1.95 in earnings per share in the fourth quarter, narrowly missing the consensus forecast of $1.97 per share from analysts polled by LSEG. Amazon also said to expect $200 billion in capital expenditures for 2026. Molina […]

Read More