Alibaba (BABA) Shares Drop Approximately 10% Over the Week

Crypto

Last Wednesday, the closing price of Alibaba (BABA) shares was $152.28, while the closing price yesterday was $135.59, marking a 2026 low. The roughly 10% decline was driven by a combination of bearish factors, including: → Unexpected resignation of Lin Junyang (Justin Lin) – Lin led Alibaba’s AI project Qwen, a key LLM platform. According [&hellip

Dollar Strengthens on Middle East Tensions

Crypto

The dollar strengthened as geopolitical tensions in the Middle East intensified. Heightened uncertainty traditionally boosts demand for safe-haven assets and dollar liquidity, supporting the US currency against a range of peers. An additional factor remains the resilience of US macroeconomic indicators, which limits expectations of an imminent easi

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