Over the past decade, growth stocks have absolutely trounced value stocks by an unprecedented margin for an even more unprecedented amount of time. It's unclear how long that outperformance will continue, or if there will be a reversion to value at some point; however, the cond
China's cyber watchdog has penalised several of the country's leading livestreaming and video platforms for spreading "low taste" content, reprimanding women wearing low cut clothes and men for indecent dancing and using foul language.
SoftBank Group Corp unveiled a series of transactions on Monday to divest more than $21 billion worth of stock in U.S. wireless carrier T-Mobile US Inc, as it seeks funding for a $41 billion share buyback and debt reduction plan.
Amazon.com Inc has secured clearance to deliver alcohol in India's eastern state of West Bengal, according to a document seen by Reuters, signalling the U.S. e-commerce giant's first foray into the country's multi-billion-dollar sector.
In a sign that China's economy is recovering from the COVID-19 pandemic, e-commerce giants Alibaba (NYSE: BABA) and JD.com (NASDAQ: JD) announced that they recorded record sales during their 618 shopping event yesterday.
According to news outlets citing two people familiar with the matter, online giant Tencent Holdings (OTC: TCEHY) is looking to become the largest shareholder in video-streaming rival iQiyi (NASDAQ: IQ). The latter, as of now, is majority-owned by search-giant Baidu. Tencent Vide
iQiyi's (NASDAQ: IQ) stock recently surged after Reuters claimed Tencent (OTC: TCEHY) could buy a major stake in the video streaming giant. Baidu (NASDAQ: BIDU) spun off iQiyi in an IPO two years ago, but maintains a 56.2% stake in the company.
Italian luxury brand Valentino and Internet giant Amazon have filed a joint lawsuit against New York-based Kaitlyn Pan Group for allegedly counterfeiting Valentino shoes and offering them for sale online.
Alibaba (NYSE: BABA) and Facebook (NASDAQ: FB) are two of the world's top tech companies. Alibaba is China's largest e-commerce and cloud company, and Facebook owns the world's largest social network.
LexinFintech Holdings (NASDAQ: LX), a leading fintech company in China, reported a mixed result for its first quarter ended March 31, 2019. Revenue jumped 41% (in constant currency) while earnings plunged to a net loss, owing to the adoption of a new accounting policy and the
Environmental campaigners delivered a 12-foot (3.6-metre) tall mock-up of an Amazon parcel to the French finance ministry on Wednesday to demand that the government rein in the e-commerce giant's expansion in France.
Tencent Holdings Ltd aims to become the biggest shareholder in video streaming rival iQIYI Inc, said two people familiar with the matter, to lower costs and counter competition in a sector boosted by stay-at-home virus policies.
Proxy adviser Glass Lewis has urged SoftBank Group Corp shareholders to vote against the nomination to the board of a new outside director, in a sign of dissent with Chief Executive Masayoshi Son's proposed corporate governance changes.
What happened
Shares of Genius Brands International (NASDAQ: GNUS) jumped on Monday after the children's entertainment company said Arnold Schwarzenegger has agreed to become a "significant investor." At the close today, Genius Brands stock was up 8.6% after climbing as much as
Cheetah Mobile (NYSE: CMCM), a Chinese maker of mobile apps and games, lost 90% of its value over the past five years as its revenue and earnings plummeted. Its recent first-quarter report also didn't inspire much confidence in a near-term recovery.
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