Stocks of some of China's most widely held companies were sinking in unison on Wednesday, with several catalysts sending them lower. One company delivered a disappointing financial report, concerns about China's economy continued, and the country's policymakers announced moves th
Financial stocks were declining in late Monday afternoon trading, with the NYSE Financial Index down 0.5% and the Financial Select Sector SPDR Fund (XLF) shedding 0.4%.
Financial stocks were decreasing in Monday afternoon trading, with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each shedding around 0.5%.
Alibaba (BABA) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.
Earnings are arguably the most important single number on a company's quarterly financial report. Wall Street clearly dives into all of the other metrics and management's input, but the EPS figure helps cut through all the noise.
Once a darling among growth investors, Alibaba Group (NYSE: BABA) has lost its past glory lately as growth has slowed to a historical low. To rekindle the momentum, Alibaba separated its empire into individual business units, giving each the independence to chart its own path for
Alibaba Group (NYSE: BABA) and Peloton Interactive (NASDAQ: PTON) have both frustrated plenty of investors over the past few years. Alibaba's stock hit its all-time high in October 2020 as the bulls embraced the Chinese e-commerce and cloud leader, but it subsequently sank more t
Once a giant in the Chinese technology industry, Alibaba Group (NYSE: BABA) has fallen from grace in recent years. It faced numerous challenges, such as competition and the crackdown by the Chinese government, which impacted its performance. And after the conglomerate delivered i
Alibaba's Taobao China Software will sell its 20% stake in Chinese retailer Suning.com to another Alibaba affiliate, Hangzhou Haoyue Enterprise Management for 2.8 billion yuan ($389 million), Suning.com said in a filing on Friday.
PDD (NASDAQ: PDD), more commonly known as Pinduoduo, has generated massive gains for its investors since its IPO in July 2018. The Chinese e-commerce giant went public at $19, and it now trades at $135 with a market cap of $180 billion.
The rapid rise of fast-fashion e-commerce retailers such as Shein and Temu is upending the global air cargo industry, as they increasingly vie for limited air-cargo space to woo consumers with rapid transit times, more than ten industry sources said.