Over the past two months, rising bond yields have sparked a rotation away from pricier growth stocks and toward value stocks. Investors have also started to shun the stay-at-home stocks that generated such explosive gains during the first year of the pandemic in favor of reopenin
Consumer stocks were mixed before markets open on Monday. Shares of the Consumer Staples Select Sector SPDR Fund (XLP) lost 0.1%, while the Consumer Discretionary Select Sector SPDR Fund (XLY) was fractionally higher.Signet Jewelers (SIG) was up over 3% after raising its Q1 and f
The S&P 500 and the Dow Jones indexes were set to open lower on Monday after closing at record levels in the previous session, as investors geared up for the start of the earnings season and a key inflation report this week.
The NASDAQ 100 Pre-Market Indicator is down -28.6 to 13,816.45. The total Pre-Market volume is currently 18,090,156 shares traded.The following are the most active stocks for the pre-market session: Alibaba Group Holding Limited (BABA) is +13.84 at $237.15, with 1,524,120 shares
Currencies in emerging markets recovered from initial losses, but traded flat on Monday as focus turned to U.S. inflation data due later in the week, while investors pulled out of equities ahead of the corporate earnings season.
Global stock markets fell from record highs on Monday as investors waited to see whether U.S. earnings would justify sky-high valuations, while a rally in bonds could be tested by what should be strong readings for U.S. inflation and retail sales this week.
U.S. stock index futures dipped on Monday after the S&P 500 and the Dow closed at record levels in the previous session, as investors geared up for the start of the earnings season and a key inflation report this week.
Global stock markets slid off record highs on Monday as investors waited to see whether U.S. earnings would justify sky-high valuations, while a rally in bonds could be tested by what should be strong readings for U.S. inflation and retail sales this week.
Ant Financial, the fintech affiliate of Alibaba Group Holding Ltd, will restructure as a financial holding company, China's central bank said on Monday.
Asian shares faltered on Monday as anxious investors wait to see if U.S. earnings can justify sky-high valuations, while a rally in bonds could be tested by what should be very strong readings for U.S. inflation and retail sales this week.
(RTTNews) - Alibaba Group was fined 18.23 billion yuan or about $2.79 billion by Chinese regulators as a result of an anti-monopoly investigation.The fine amounts to about 4% of the company's 2019 domestic revenue.
Asian shares faltered on Monday as investors wait to see if U.S. earnings can justify sky-high valuations, while bond markets could be tested by what should be very strong readings for U.S. inflation and retail sales this week.
Alibaba CEO Daniel Zhang said on Monday he does not expect any material impact from the change of exclusivity arrangement imposed by China's regulators, after an anti-trust probe found the firm had abused its dominant market position.
China's competition watchdog is adding staff and other resources as it ramps up efforts to crack down on anti-competitive behaviour, especially among the country's powerful companies, people with knowledge of the matter told Reuters.
China slapped a record 18 billion yuan ($2.75 billion) fine on Alibaba Group Holding Ltd on Saturday, after an anti-monopoly probe found the e-commerce giant had abused its dominant market position for several years.
China's competition watchdog is adding staff and other resources as it ramps up efforts to crack down on anti-competitive behaviour, especially among the country's powerful companies, people with knowledge of the matter told Reuters.
Chinese regulators slapped Alibaba (NYSE: BABA) with a massive $2.8 billion fine for violating the country's anti-monopoly laws.The e-commerce giant came under scrutiny from antitrust regulators after CEO Jack Ma criticized authorities for stifling innovation in the country. They
MercadoLibre (NASDAQ: MELI) has produced incredibly strong growth on both sides of its business, but the stock has shed about one-fourth of its value recently. In this Fool Live video clip, recorded on April 1, 2021, Fool.com contributors Matt Frankel, CFP, Brian Feroldi, and Bri
China's top ride-hailing firm Didi Chuxing has mandated Goldman Sachs and Morgan Stanley to lead its blockbuster IPO and plans to file confidentially for the New York float this month, two people with knowledge of the matter said.