Alibaba has expanded its share buyback program to $25 billion worth of stock over the next two years. Many analysts are pointing to shifts in the Chinese regulatory environment as the catalyst for this move.
Asian markets had a mixed start to the week. Chinese government policy, COVID-19, and rising inflation are among the factors that may be impeding growth in share prices.
Walmart, Target, and Nvidia are set to release their Q2 earnings reports this week. Some analysts have made predictions regarding these three companies’ earnings in the second quarter.
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