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NYSE:MER 9 December 2025

Trump’s Florida Mortgages Mirror the ‘Mortgage Fraud’ He’s Prosecuting, Investigation Finds

Trump’s Florida Mortgages Mirror the ‘Mortgage Fraud’ He’s Prosecuting, Investigation Finds

An investigation by ProPublica and USA TODAY found Donald Trump signed two Florida mortgages in the 1990s, declaring both as his “principal residence” despite never living in either. Records show the homes were used as rentals. The White House denied wrongdoing, saying both loans came from the same lender. Statutes of limitations on any potential mortgage fraud have long expired.
9 December 2025

Stock Market Today

  • Alibaba Q3 Earnings Miss Estimates Despite Revenue Growth Driven by Cloud and Quick Commerce
    March 20, 2026, 12:58 PM EDT. Alibaba Group reported third-quarter fiscal 2026 non-GAAP diluted earnings of $1.01 per ADS, missing the Zacks consensus estimate by 47.12%, with a 67% drop in domestic currency earnings. Revenues rose 2% year over year to $40.7 billion, slightly below estimates. Growth was led by Cloud Intelligence and quick commerce, which surged 56% year over year. Alibaba's core China e-commerce revenue increased 6%, supported by a rise in 88VIP membership and rebranding efforts for Taobao Instant Commerce. However, margins faced pressure from heavy investments in technology and user experience. The company remains focused on consumption and AI plus cloud strategies to drive future growth.
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