Alibaba Surges 5% as Cloud Business Shows Renewed Momentum
Alibaba shares jumped over 5% on Monday after the Chinese tech giant reported cloud revenue growth that exceeded expectations.
Currency news, exchange-rate guides, and product updates.
Alibaba shares jumped over 5% on Monday after the Chinese tech giant reported cloud revenue growth that exceeded expectations.
The Japanese yen weakened on Monday as the Nikkei 225 fell 607 points, with traders parsing mixed signals from the Bank of Japan.
Roblox stock plummeted nearly 27% on Monday after the gaming platform missed revenue estimates and slashed its full-year guidance.
Natural gas prices were flat at $2.784 on Monday, shrugging off the 7% oil crash as supply-demand fundamentals kept the market anchored.
UK government bond yields tumbled on Monday, with the 10-year gilt dropping over 10 basis points in the biggest one-day move in weeks.
Gold traded near $4,104 per ounce on Monday as a strengthening dollar offset safe-haven demand from oil market turmoil.
Bitcoin fell below $63,000 on Monday as traders rotated out of risk assets.
The S&P 500 enters a pivotal week as tech earnings, Fed minutes, and CPI data converge.
U.S. Treasury yields fell sharply on Monday, with the 10-year dropping nearly 7 basis points, as investors sought safety amid oil market turbulence.