The U.S.-listed shares of China-based companies were rocked Monday, as China President Xi Jinping’s moves to consolidate power fueled fears that current policies that have led to a slowing economy wil...
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Alibaba and Other China Stocks Jump as President Xi Reassures on Tech
Shares in U.S.-listed Chinese companies were moving higher Monday as investors smiled on comments from a high-profile speech by President Xi Jinping that was supportive of the country’s technology sec...
Not Ready to Go Full EV? Some Car Companies Bet Bigger on Hybrids
Demand for hybrid vehicles is hot, reinforcing the view from Toyota Motor Corp. and other auto makers that the gas-electric approach will play an important role even as the industry races toward fully...
U.S. auto sales fall slightly in Q3, but GM is a bright spot
DETROIT — U.S. new vehicle sales fell slightly in the third quarter, even though some automakers reported improvement in September. But there are warning signs consumers’ appetite for expensive new ca...
Chinese Tech Billionaire Richard Liu Settles Sexual-Assault Case in Minnesota
MINNEAPOLIS—A legal battle that Chinese feminists had seen as pivotal for the country’s embattled #MeToo movement ended abruptly just before a jury was set to hear the case in a Minnesota courtroom. R...
Hong Kong Shares Hit 11-Year Low. Alibaba and Tencent Lead Decline.
Text size Hong Kong’s Hang Seng index fell more than 3% on the week to reach its lowest level since October 2011. Bloomberg Hong Kong stocks ended a bleak week down more than 1% Friday, pushing ...
Alibaba Pours $1 Billion Into Cloud Computing. The Move Is Critical for Its Growth.
Text size Alibaba stock has tumbled since early 2021 amid waves of regulatory pressures. Greg Baker/AFP via Getty Images Alibaba will invest $1 billion into its cloud computing division, doubling down...
Why Alibaba Stock Is an Exception to Goldman’s US Market Preference
Text size Alibaba and other Chinese tech stocks have been battered since the beginning of last year. Qilai Shen/Bloomberg Chinese tech stocks have taken a beating since many hit all-time highs in earl...
Dow Futures Fall as Wall Street Anticipates Another Big Rate Hike From the Fed
Text size AFP via Getty Images Stock futures traded lower Monday in a week that is expected to see the Federal Reserve raise interest rates by another three-quarters of a point in its effort to stamp ...
Why Alibaba, Other China Tech Stocks Are an Exception to Goldman Sachs’ Outlook
Text size Alibaba and other Chinese tech stocks have been battered since the beginning of last year. Qilai Shen/Bloomberg Chinese tech stocks have taken a beating since many hit all-time highs in earl...
FedEx to Close Offices, Park Aircraft After Warning of Sales Shortfall
Updated Sept. 15, 2022 5:42 pm ET Listen to article (2 minutes) FedEx said its quarterly revenue fell below its expectations and it was closing offices and parking aircraft to offset declining volumes...
Opinion: Billionaires typically own concentrated stock positions — this investor posted a 30-fold gain over 10 years on one little-known company
True or false: To build big wealth in the stock market, it pays to be widely diversified. If you guessed “true,” you might want to reconsider. Successful investors from Warren Buffett to Ron Baron tea...
Cheaper electric vehicles coming despite rising battery costs
WARREN, Mich. (AP) — Even though battery costs are rising, auto companies are rolling out more affordable electric vehicles that should widen their appeal to a larger group of buyers. The latest came ...
These dividend stocks can protect you as the Federal Reserve slows the economy
With Federal Reserve Chairman Jerome Powell set to deliver an important speech Friday, investors may finally begin to take him at his word: The central bank is going to maintain a hawkish stance to co...
Alibaba, Nio stocks rally along with other Chinese names as SEC reaches audit deal with China
U.S-listed shares of Alibaba Group Holding Ltd. and Nio Inc. were among Chinese names trading higher in morning action Friday after the Securities and Exchange Commission announced that it has struck ...
Bill Ackman says fast-food chains are an inflationary shield. Here’s two he likes, and one he just sold.
A cautious session is ahead for Tuesday, following the worst smackdown since June for major indexes. That’s as an increasing number of investors see the Fed pivoting from rate hikes to be a tall order...
The Stock Market Couldn’t Handle the Uncertainty. It Better Learn How.
Text size It’s a market with big drops but big rips, as well, one that forces investors to accept low returns from index funds or try to take a more tactical approach. Michael Nagle/Bloomberg Call it ...
Alibaba, JD.com, and Bilibili Fall on Report Tencent to Sell Meituan Stake
Text size Tencent holds a 17% stake in food delivery company Meituan. GREG BAKER/AFP via Getty Images Alibaba, JD.com and some of China’s biggest companies saw billions wiped off their value Tuesday...
WeWork’s Adam Neumann secures millions in funding for his new company Flow
Adam Neumann is back. The billionaire businessman who founded office-sharing company WeWork Inc. WE, -4.70% is back with another company called Flow, a residential real estate company attempting to ad...
A Recession Is Coming. These Are the Stocks to Hunker Down In.
Eli Salzmann loves nothing better than finding a company that’s a “dog of a stock with no momentum” but on the verge of better days. At its core, that is what value investing is all about. Over the co...
Opinion: Big selling wave in stocks makes for a buying opportunity, says Baron manager who has 20% of his fund’s assets in Tesla
Institutional investors have been clearing out of stocks. They sold $42 billion worth in the five weeks ending Sept. 21. That followed $51 billion in sales during the five weeks ending Sept. 7 — the b...