Chinese stocks advanced on Friday and were set for weekly gains, boosted by consumer and healthcare firms, although uncertainty over Sino-U.S. trade talks weighed on sentiment.
Consumer stocks were slipping premarket Thursday. Shares of the consumer staples S&P 500 (XLP) ETF were down 0.39% and the consumer discretionary (XLY) ETF was 0.71% lower in recent trading.
China's Alibaba Group Holding Ltd beat quarterly revenue and profit estimates on Thursday, as its core commerce and cloud computing businesses continued to grow following China's emergence from the coronavirus lockdown.
The NASDAQ 100 Pre-Market Indicator is down -4.7 to 11,313.94. The total Pre-Market volume is currently 11,143,948 shares traded.The following are the most active stocks for the pre-market session: Alibaba Group Holding Limited (BABA) is -2.19 at $258.40, with 1,451,599 shares t
In the July meeting minutes, the Fed shared its view that the outlook for the economy will depend on the course of the virus, and that's seen a "highly uncertain."
(RTTNews) - Alibaba Group Holding Limited (BABA) said the company has delivered a very strong start to its new fiscal year, with revenue growing 34% year-over-year and adjusted EBITDA growing 30% year-over-year.
China's Alibaba Group Holding Ltd beat quarterly revenue and profit estimates on Thursday as its core commerce and cloud computing businesses benefited from a shift to online shopping and working from home due to the coronavirus crisis.
China's Alibaba Group Holding Ltd beat quarterly revenue estimates on Thursday as its core e-commerce business thrived due to people preferring to shop online for essentials, even as coronavirus-related restrictions eased.
Sea Limited's (NYSE: SE) stock recently hit an all-time high after the Singapore-based gaming and e-commerce company posted its second-quarter earnings.
Alibaba (BABA) can provide credible insight into the strength of the Chinese consumer and the state of business in China when the Chinese e-commerce giant reports first quarter fiscal 2021 earnings results before the opening bell Thursday.
Shares of JD.com (NASDAQ: JD), China's biggest direct retailer and second largest e-commerce company, recently surged after its second-quarter numbers topped analysts' expectations.
Baidu's (NASDAQ: BIDU) stock price recently tumbled after the Chinese tech giant posted mixed second-quarter results; its revenue dropped 1% annually and missed expectations, and it disclosed that the U.S. Securities and Exchange Commission had launched a probe of its video-stre
With stocks hovering near all-time highs again, it can be hard to find a good deal. The economy is still on shaky ground -- the employment recovery is stalling, and the COVID-19 pandemic is still highly active across the country.
Amazon.com (NASDAQ: AMZN) may be No. 1 in the overall market for cloud infrastructure services, but there's one sector that wary of using Amazon Web Services (AWS): retailers. Instead, those businesses prefer to use Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) subsidiary Google as th
Ant Group, Alibaba's fintech arm and China's dominant mobile payments company, plans to set up a consumer finance firm in the southwestern city of Chongqing, expanding its presence in the fast-growing domestic business, two sources told Reuters.
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