Category: اخبار الاستثمار و الاقتصاد

A protracted battle in China’s food-delivery market has chopped $100 billion in market value from Alibaba Group Holding Ltd., with no end in sight for damage to profits and investor confidence. Its Hong Kong-listed shares plunged 28% from a March high through Thursday, nearly double the loss in a gauge of Chinese tech peers. Rivals JD.com Inc. and Meituan have dropped by similar measures amid daily headlines on government efforts to contain the destructive hyper-competition being dubbed “involution”. At least four brokers, including Goldman Sachs Group Inc. and HSBC Holdings…

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Bitcoin continues to smash all-time high records, as the leading cryptocurrency broke $113,000 on Thursday, according to data from Binance. After flirting with a new high on Wednesday, topping $112,000 according to some exchanges, a surge on Thursday pushed it above previous thresholds, with prices nearing $114,000 as of publication. The climb continues a torrid summer for the popular digital asset, which has spent most of the past few months above $100,000, a benchmark it first reached in December 2024 before dipping back to $75,000 in April. The monthslong rally…

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Better late than never. Tesla announced on Thursday it will hold an annual shareholders meeting on Nov. 6. The announcement comes some 24 hours after a letter from more than two dozen investors in the $952 billion electric-vehicle maker pressed the board on when it would next go mano a mano with its shareholders. The last annual shareholders meeting was a high-stakes event that saw investors approve CEO Elon Musk’s controversial pay package a second time and green-light a move from Delaware to Texas. Under Texas law, Tesla is required…

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Ben Askren, a former pro mixed martial arts (MMA) fighter who also represented United States wrestling at the 2008 Beijing Olympics, is awake and talking after surviving one of the most grueling battles of his life—not in the octagon, but in a hospital bed. Askren, 40, revealed in an Instagram post on Wednesday that he lost 50 pounds in just 45 days after contracting severe pneumonia, which ultimately led to a double lung transplant. “I actually just read through my wife’s journal because I don’t remember anything between April 28th…

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The Securities and Exchange Commission has accused Edwin Brant Frost IV and his private lending company First Liberty Building & Loan with allegedly presiding over a sophisticated $140 million Ponzi scheme, according to a civil complaint filed on Thursday in federal court in Atlanta.  Authorities claim Frost, 67, specifically targeted Republican activists and conservative Christian investors through a network of right-wing media outlets. The Georgia financial firm’s now-defunct website calls out its advertisements “as heard on” conservative media including Erick Erickson, Hugh Hewitt, and Charlie Kirk’s shows. First Liberty abruptly…

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The world of luxury fashion witnessed a historic moment as the original Hermès Birkin bag, once owned and used by the late British actress and singer Jane Birkin, sold for a staggering $10 million at Sotheby’s Paris. The sale, which took place on July 10, 2025, shattered previous records and cemented the Birkin’s status as the most valuable handbag ever sold at auction. A Legendary Bag With a Storied Past The bag: This was not just any Birkin—it was the very first prototype, custom-designed for Jane Birkin in 1984 after a…

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What does a president understand about company culture and values? Well, it turns out a whole lot, and that, according to former President Biden, should include empathy and understanding employees on a personal level. On July 2, Biden took the stage before a packed room as SHRM’s closing keynote speaker, marking one of his first speeches since his prostate cancer diagnosis in May. “The strength of a team comes down to the individual people on that team, whether they feel valued, or they feel supported,” Biden said, noting that his dad taught…

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The S&P 500 and Nasdaq set a new record on Thursday as airlines and tech led equities higher. After a shaky start to the week, stocks pushed deeper into record territory Thursday with the airline sector and Big Tech continuing to lead the markets higher. The S&P 500 gained 0.27% Thursday to close at a new record; the tech-heavy Nasdaq closed 0.09% higher and the Dow rose 0.43%. Delta Air Lines, which had pulled profit guidance earlier this year on economic instability, beat analysts’ profit expectations and released a solid…

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The U.S. has closed its southern border again to livestock imports, saying a flesh-eating parasite has moved further north in Mexico than previously reported. Mexico’s president was critical Thursday, suggesting that the U.S. is exaggerating the threat to its beef industry from the parasite, the New World screwworm fly. The female flies lay eggs in wounds on warm-blooded animals, hatching larvae that are unusual among flies for feeding on live flesh and fluids instead of dead material. American officials worry that if the fly reaches Texas, its flesh-eating maggots could…

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