Chinese stocks, many of them cherished by U.S. investors, have had a terrible year. The sector indicator, the iShares China Large-Cap ETF (NYSEMKT: FXI), is down 11% year to date, far underperforming the S&P 500's 20% gain for the year. Notable fund managers such as ARK Inves
Share prices of ContextLogic (NASDAQ: WISH), which owns the e-commerce platform Wish, plunged to an all-time low on Aug. 13 after it posted ugly second-quarter numbers that missed analysts' estimates.Wish's revenue fell 6% year over year to $656 million, missing estimates by $67
The NASDAQ 100 Pre-Market Indicator is down -85.3 to 15,055.47. The total Pre-Market volume is currently 15,352,902 shares traded.The following are the most active stocks for the pre-market session: ProShares UltraPro Short QQQ (SQQQ) is +0.13 at $8.17, with 1,872,522 shares tra
Baidu's (NASDAQ: BIDU) stock slumped on Aug. 12 after the Chinese tech giant posted its second-quarter earnings. The company beat analysts' estimates on the top and bottom lines, but its third-quarter guidance was softer than expected and indicated its core business was slowing d
Alibaba Group Holding Ltd - ADR (BABA) shares closed today at 1.7% above its 52 week low of $179.67, giving the company a market cap of $512B. The stock is currently down 19.0% year-to-date, down 25.7% over the past 12 months,
Chinese regulators on Tuesday issued a lengthy set of draft regulations for the internet sector, banning unfair competition and restricting the use of user data, the latest move in a crackdown on the country's powerful tech companies.
China is home to the world's second-largest economy, and internet company Alibaba Group Holding Limited (NYSE: BABA) is one of China's most dominant businesses. Down more than 20% over the past year, Alibaba could prove to be a bargain for patient investors if they can look past
Any veteran investor will tell you that financial markets overshoot when trouble hits, but what if that market is the world's second-largest economy and the government has decided the rules of the game have changed?
The technology sector is filled with high-growth companies vying for market share. Rather than pay dividends, many of these businesses prefer to reinvest excess cash in their operations, a strategy that makes sense given the quickly changing nature of technology.
A former male employee of Chinese e-commerce giant Alibaba Group Holding Ltd is suspected of committing "forcible indecency" against a female colleague, but not rape, according to Chinese police probing the assault.
4 Hot Cloud Computing Stocks For Your Watchlist NowLike it or not, the cloud computing industry continues to grow by the day. Accordingly, with the current shift towards digital workspaces, cloud computing stocks are also gaining traction in the stock market now. If anything, the
Chinese e-commerce giant Alibaba Group Holding Ltd said on Thursday it will set up a committee, initially comprising five female senior executives, to investigate sexual harassment complaints.
Chinese tech giant Alibaba (NYSE: BABA) has kicked off fiscal 2022 with a better-than-expected start. Fiscal first-quarter revenue grew 34% year over year, driven by rising sales across its 1.2billion-strong customer base.
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