China's Ant Group Plans to List Overseas Unit in Hong Kong, Report Says Reuters $Alibaba(BABA)$ $Alibaba(09988)$ 09:15 HONG KONG, May 4 (Reuters) - Ant Group, an affiliate of China's e-commerce giant Alibaba Group plans to list its overseas arm, Ant International, on the Hong Kong stock exchange, Chinese media reported, citing unnamed sources. Caixin, citing people close to the company, reported that Ant was communicating with regulators about the potential listing. The report did not say whether the discussions were taking place with regulators in China or elsewhere. Ant International is registered in Singapore. Ant was founded
Fed's Powell Expected to Push Back This Week Against Calls for Rate Cuts Dow Jones $Dow Jones(.DJI)$ $SPDR S&P 500 ETF Trust(SPY)$ $Nasdaq 100 Trust(QQQ)$ 5 minutes ago Fed won't 'begin thinking about thinking about a cut' until inflation from tariffs has peaked, economist says. Federal Reserve Chair Jerome Powell will push back at his press conference on Wednesday on calls from the White House and many on Wall Street for interest-rate cuts, economists say. The solid April jobs report didn't confirm the weakness seen in first-quarter growth, giving the Fed time to wait and s
$Microsoft(MSFT)$ This is a v strong company; almost like an ETF. It also has excellent pricing power. Recently msft wants to raise prices for its products which is good for earnings.